Metallurgy news

• The results of the production of metallurgical enterprises of Ukraine in January 2022 In January 2022, the metallurgical sector of Ukraine issued: sinter - 2.79 million tons (101.3% compared to January 2021); gross coke (6% vol.) - 0.81 million tons (95.5%); pig iron - 1.77 million tons (98.2%); steel - 1.85 million tons (100.7%); rolled products - 1.67 million tons... 14.02.2022  12:28

• The Dutch prosecutor's office launched an investigation into pollution at Tata Steel Dutch prosecutors have announced an investigation into allegations of pollution on the northern coast of the Netherlands during the containment of steel production at Tata Steel's IJmuiden plant. Prosecutors accused Tata Steel of deliberately and illegally dumping hazardous materials to damage... 12.02.2022  13:24

• US makes final AD decision on Turkish rebar In accordance with the final result of the administrative review of anti-dumping (AD) duties, the United States Department of Commerce (USDOC) determined that Turkish manufacturers or exporters of reinforced concrete rebar (reinforcement) subject to this review sold their products at prices lower... 10.02.2022  13:01

• China's metallurgy sector aims for quality growth By 2025, China's steel industry is committed to quality growth with more advanced technology and equipment, stable supply of resources, higher intelligence, improved global competitiveness, and reduced emissions. These were the main goals set in the development guide jointly issued by the... 10.02.2022  12:58

• Iron ore rose to $150 On Monday, the government set 2030 as a new peak emission deadline for the sector, down from an earlier target of 2025. “This is a big schedule adjustment that gives the steel sector more room to achieve peak emissions in an orderly manner,” said Xu Xiangchun, an analyst at research firm Mys... 09.02.2022  13:54

• US and Japan replace Section 232 with import tariff quotas The US and Japan reached an agreement on tariffs on steel imports on January 7, effective April 1, replacing Section 232 tariffs with a quota system. While the Section 232 tariffs include steel and aluminium, the deal only covers steel. The agreement allows duty-free imports of Japanese steel... 09.02.2022  13:52

• Severstal invests in new low-carbon hydrogen technology Severstal announced that it will invest in Ekona Power Inc., a Canadian developer of hydrogen production technology, at the expense of American Baker Hughes. Ekona Power has developed a new hydrogen production technology by methane pyrolysis, which converts natural gas into hydrogen and solid... 09.02.2022  13:49

• Demand for stainless steel sheet in Europe falls The base price of cold rolled stainless steel sheet in the European Region declined last week due to lower demand. Currently, product offerings on the market still seem to be insufficient. Delivery of the latest orders should start at least from June or July of this year. However, with several... 08.02.2022  12:44

• Turkish flat steel prices rise due to strong demand and higher costs Last week prices for most of the Turkish flat steel market continued to rise as strong demand supported the price level. Meanwhile, a power outage has just brought Turkish electric furnace factories to a three-day shutdown. Along with rising energy costs, steel prices in Turkey have risen almost... 08.02.2022  12:39

• Steel decarbonization gains momentum Last week's announcement of more than 6 Mtpa of new direct reduced iron (DRI) production capacity and five new electric arc furnaces (EAFs) by the early 2030s shows that conditions are becoming increasingly favorable for low carbon steel production . By 2033, the German steelmaker Salzgitter... 08.02.2022  12:36