Metallurgy news

• Ukraine ranked 14th in the world in terms of steel production According to the World Steel Association (worldsteel), in October 2020, crude steel production in Ukraine increased by 5.9% to 1.65 million tons, and its global rating fell from 13th to 14th place. The country with the largest steel production in the world in October was still China with 92.2... 10.12.2020  11:39

• Why is the level of utilization of metallurgical facilities falling? The increase in the number of secondary steel units, despite the fact that the production of the alloy remains at the same level, leads to a decrease in the capacity utilization in the global steel industry. This is despite the fact that the long-term scenario of steel demand remains... 10.12.2020  11:22

• Big River Steel launches second phase of its steel mill American steelmaker Big River Steel has successfully commissioned the second phase of its steel mill in Osceola, Arkansas, supplied by SMS group. Also for the expansion of the plant, which will increase the annual production capacity of the plant to approximately three million tons of steel, SMS... 10.12.2020  11:08

• Brazilian iron ore exports fell in November Brazilian iron ore exports stood at 29.20 million tonnes in November 2020, down 0.4% year on year and down 6.4% from 31, according to statistics from Brazil's Ministry of Development, Industry and Foreign Trade (MDIC). 20 million tons in October. ... From January to November, the main... 09.12.2020  12:02

• Canada initiates an investigation into the import of valves from Russia and Oman The Canadian Border Services Agency (CBSA) has initiated an Anti-Dumping Duty (AD) investigation against hot-rolled wrought reinforced concrete long or coiled (rebars) up to 56.4 mm in diameter, originating or exported from Oman and Russia. Participating products are classified under HS codes... 09.12.2020  11:58

• Prices for billets from the CIS countries continue to grow The rise in prices for billets from CIS countries resumed after a hiatus last week with at least one new booking in Turkey at higher prices. At the end of last week, the Russian mill sold billets in Turkey at $ 527 per tonne as scrap prices continued to rise and this month, according to numerous... 09.12.2020  11:54

• Metinvest doubles investment in the reconstruction of mill 1700 at the Ilyich plant In the sheet-rolling shop "1700" MMK im. Ilyich, the next stage of the rolling mill reconstruction is nearing completion. As of today, according to the press service of the plant, a new hydraulic coiler for winding 32-ton hot-rolled coils has been installed. In this project, the Dutch mining and... 08.12.2020  12:04

• ATI plans to end production of standard stainless steel sheets in 2021 US-based Allegheny Technologies Incorporated (ATI) announced that it is phasing out its production plan for standard stainless steel sheet materials and is investing in other more strategic areas such as aerospace and national defense. The President and CEO of ATI mentioned that they are aiming... 08.12.2020  11:19

• Nippon Steel plans to increase production at overseas steel plants Nippon Steel Corporation, headquartered in Tokyo, has announced plans to increase production capacity at its steel mills outside of Japan. At the same time, it is planned to reduce domestic steelmaking capacities. It is a response to changing levels of demand and projected demand for the... 08.12.2020  10:49

• EVRAZ North America dismissed nearly 500 employees EVRAZ North America has announced that nearly 500 members of its Canadian pipe division will receive layoffs, meaning workers will lose jobs from December 17th. Layoffs are necessary due to the current financial health and health of its energy sector, especially in western Canada, according to... 08.12.2020  10:44