Metallurgy news

• Steel production in Italy increased in January-August 2021 According to statistics from the Italian steel industry association Federacciai, in the first eight months of this year, Italy's crude steel production was over 16.3 million tonnes, up 27.5% over the same period last year. Production of long products increased by 32.8% year-on-year to 9 million... 23.09.2021  10:00

• Blast Furnace Capacity Utilization In China Drops To 83.74% Between September 10-16, blast furnace capacity utilization among 247 Chinese steel mills fell to a new low since early July, according to a Mysteel study, falling to 83.74% for the second straight week as Chinese steel surged. mills, especially those in Jiangsu in eastern China, have increased... 22.09.2021  11:28

• Exports of billets from the CIS countries stabilize due to demand in China Technically, as production volumes decline, China's buying interest will continue to decline. The drop in iron ore prices, which fell below $ 100 a ton on Tuesday, did not bother traders, who cited buying interest as the main factor behind the rise in prices in China at the moment. But they... 22.09.2021  10:38

• Increased capacity utilization at U.S. steel mills Weekly U.S. crude steel production saw a notable increase of 21.9% for the week ending September 18, 2021, up from the same week in 2020. This is in line with the latest weekly domestic production statistics released by the American Iron and Steel Institute. (AISI). Weekly US crude steel... 22.09.2021  10:29

• Results of rolled metal production in Ukraine for 8 months of 2021 In January-August 2021, metallurgical enterprises of Ukraine produced 13.01 million tons of rolled metal (106.0% compared to the same period in 2020), of which about 10.22 million tons, or 78.5%, were exported. In the same period in 2020, the share of exports was about 82.4%. The share of... 21.09.2021  09:57

• TMK supplies cylinders for PepsiCo Pervouralsk Novotrubny Plant (PNTZ), owned by the Pipe Metallurgical Company (TMK), has completed a large order for the production of cylinders for PepsiCo. The batch includes more than 3000 steel cylinders with a capacity of 20 liters and a working pressure of 150 atmospheres. These cylinders... 21.09.2021  09:50

• Miners Resist Falling Iron Ore Prices The spike in iron ore prices earlier this year sparked market speculation about an extended period of demand for commodities. The recent turn in the fate of the steel ingredient has been even more rapid and may well continue. The big miners, however, have stood firm against the decline. Iron ore... 21.09.2021  09:44

• Interpipe expands production of pipes for mechanical engineering In September 2021, at the Dnieper site of the Interpipe Niko Tube plant, an investment project was completed to create its own production of cold-rolled small diameter pipes 21-32 mm. Specialists of the Ukrainian industrial company INTERPIPE completed the installation of the HPT-32 mill and... 21.09.2021  00:15

• MSA Metallurgists Wish List for 2022 Budget Steel companies MSA want the government to provide special incentives, tax breaks and schemes to help stimulate the consumption of local iron and steel products in the country. Tang Sri William Cheng, President of the Malaysian Steel Association (MSA), said that the steel industry, which has... 20.09.2021  10:53

• EU tariffs on steel imports cause shortage of rolled metal in Europe Italy's Industry Minister Giancarlo Giorgetti said on Friday that Europe should temporarily suspend tariffs on imported steel to prevent shortages and adverse industrial impacts. Asked if Rome plans to intervene in the 25% tariff scheme, Giorgetti said Europe prioritized the interests of steel... 20.09.2021  10:46