Metallurgy news
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Iron ore prices plummet and coal and gas futures soar to unprecedented levels Iron ore fell below $ 100 a ton on Friday for the first time since July 2020 as China's measures to clean up its highly polluting industrial sector sparked a precipitous and violent collapse. The Ministry of Ecology and the Environment said on Thursday in draft guidelines that the campaign on...
20.09.2021 10:29
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ArcelorMittal Kryvyi Rih is ready to appeal the claims of the State Environmental Inspectorate for 450 million hryvnia in court Kryvyi Rih, September 17, 2021 The latest claim of the State Environmental Inspection (SEI) against ArcelorMittal Kryvyi Rih is another example of how the controlling body, speculating on public opinion, puts forward unjustified accusations and calculations of losses, like environmental...
18.09.2021 00:30
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When will steel prices stop rising? According to Citibank's forecast, world prices for rolled steel will rise until the middle of next year. The world average price has quadrupled since the end of last year. Citibank said this is a reflection that the supply situation is almost nervous and demand will face strong backlash. They...
17.09.2021 11:07
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EU target to reduce CO2 emissions may be elusive According to the latest information, less than 26% of allowances remain for European steel mills, but carbon emissions have already exceeded the reduction target for 2035. According to some market reports, if these steel mills do not try to innovate their equipment, it will ultimately be...
17.09.2021 10:53
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Production results of MMC of Ukraine for 8 months of 2021 In January-August 2021, metallurgical enterprises of Ukraine produced: agglomerate - 22.73 million tons (106.8% versus January-August 2020); gross coke (6% wet) - 6.56 million tons (101.6%); pig iron - 14.48 million tons (106.8%); steel - 14.59 million tons (106.6%); rolled products -...
16.09.2021 12:42
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The world's largest stainless steel producer goes green One of the world's largest stainless steel producers is located in Ningde City in Fujian Province in eastern China. And as China continues to make every effort to achieve carbon neutrality, the company is also becoming green. The tip of the ballpoint pen is the most important part. But making...
16.09.2021 11:48
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The active phase of the construction of an oncology center in Kryvyi Rih has begun Kryvyi Rih, September 15, 2021 The leaders of ArcelorMittal Kryvyi Rih together with the First Assistant to the President of Ukraine Serhiy Shefira visited the construction site of the new building of the oncological dispensary. The modern clinic is being built on the initiative of the President...
16.09.2021 00:30
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Nikopol Ferroalloy Plant increases production Nikopol Ferroalloy Plant (NFP) in January-August this year increased production by 20.7% compared to the same period last year - up to 447.945 thousand tons. According to the Ukrainian Association of Ferroalloy Producers (UkrFA), with a production plan of 66.030 thousand tons, 67.795 thousand tons...
15.09.2021 10:37
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NLMK expands production of premium steel grades Novolipetsk Metallurgical Plant has launched a new complex for laser processing of electrical transformer steel. The design capacity of the complex is 54 thousand tons per year, the press service of the company reports. "This is the fourth line for the production of metal with improved magnetic...
15.09.2021 10:34
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Steel production in China continues to fall Official data released Wednesday showed China's steel production contracted for the third straight month in August as Beijing cut production to cut carbon emissions. According to the National Bureau of Statistics (NBS), the world's largest steelmaker produced 83.24 million tonnes of metal last...
15.09.2021 09:46
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