Metallurgy news

• JSPL expects steel prices to rise due to severe coal shortages Leading steelmaker Jindal Steel and Power Limited (JSPL) expects steel prices to continue to rise in the coming months, mainly due to a shortage of coal, which is mainly used by domestic steelmakers to generate electricity for steelmaking. It is estimated that the country consumes about 1,200... 07.10.2021  11:29

• Thyssenkrupp relaunches blast furnace # 1 German steelmaker ThyssenKrupp relaunched blast furnace # 1 on October 1. This blast furnace was shut down in July for reflining. Blast furnace # 1 of Thyssenkrupp can produce 10,000 tons of pig iron per day. From 2025, all four of the steel giant's blast furnaces will be gradually replaced... 07.10.2021  11:21

• China will no longer be an aggressive steel exporter After a massive increase in metal prices around the world, the largest steel producer, China, is again showing an increase in the production of rolled metal products. Tata Steel CEO Narendran believes that if China cuts production, its exports will be less, and this will give stability to steel... 07.10.2021  11:10

• Interpipe has delivered passenger railway wheels to the Netherlands for the first time Ukrainian industrial company INTERPIPE continues to develop export supplies of products for passenger railway transport, expanding and diversifying the geography of sales. In September, INTERPIPE NTRP shipped a pilot batch of 840 mm diameter wheels of EN 13262 standard to the operator GVB , the... 07.10.2021  00:15

• Use of the tariff quota for the import of Ukrainian rolled metal products into the EU The European Commission decided to extend protective measures for a period of 3 years (from July 1, 2021 to June 30, 2024) for the import of rolled metal products into the European Union regardless of the country of origin and import in the form of individual and global tariff quotas. In total, 3... 06.10.2021  09:57

• Severstal supplies large diameter steel pipes to Peru The Russian steel company Severstal has announced the supply of 6,000 tons of large diameter steel pipes (LDP) to Peru. Large-diameter pipes API 5L PSL 1 are manufactured at the Izhora Pipe Plant, which is part of Severstal's metallurgical division. This was the second batch in Peru in 2021... 06.10.2021  09:54

• The world's largest mining companies declare zero carbon emissions by 2050 The world's leading mining companies are committed to achieving zero net direct and indirect carbon emissions by 2050 or sooner, the International Council of Mines and Metals (ICMM) said. “The collective commitment of ICMM members to reduce emissions of one (direct) and two (indirect) greenhouse ... 06.10.2021  09:50

• EU Carbon Tariffs May Affect Taiwan's Steel Exports According to the Taiwan Ministry of Economy, the EU has listed 248 Carbon Boundary Adjustment Mechanism (CBAM) items, of which about 212 items exported to Europe from Taiwan, worth 24.5 billion Taiwan dollars, mainly steel products. The EU has planned to introduce carbon border tariffs for the... 06.10.2021  09:41

• New steel production capacity in September 2021 Europe British Steel's Special Profile has announced that it will build a new service center at its site in Skinningrove, North Yorkshire. The £ 26 million facility will include a variety of processing services, expanding the company's range of value-added profiles. It is currently scheduled ... 05.10.2021  10:05

• Steel production in Turkey hits new high Turkey's crude steel production was 3.5 million tonnes in August this year, up 7.1% from the same month last year, the highest monthly volume, according to the Turkish Iron and Steel Association (TCUD). production and maintained Turkey's position as the seventh largest producer of crude steel in... 05.10.2021  09:48