Metallurgy news

• Vietnamese Formosa postpones increase in prices for rolled metal products As the price of steel in China has recently risen, the Chinese company Baosteel announced that its hot rolled coil (HRC) price will remain unchanged for August. According to the previous chart, Vietnamese Formosa Ha Tinh Steel Corporation (FHS) will announce the price for September yesterday... 19.07.2021  12:22

• New 3D printer at the Cherepovets Metallurgical Plant PJSC Severstal launched a new 3D printer at the Cherepovets Metallurgical Plant (CherMK). The unit will produce parts from metal powder. The equipment is intended for the production of lightweight topologically optimized parts for CherMK units: nozzles, plungers and nozzles. With the help of the... 19.07.2021  12:13

• Ferrexpo launched a solar power plant Ferrexpo has launched a pilot project to install solar panels and obtain solar energy. The complex capacity is 5 MW. The project used nearly 10,000 solar panels from Jinko Solar, one of the world leaders in the production of this equipment. Solar panels are installed on the dumps of the quarries... 19.07.2021  12:08

• Chinese Baowu plans to acquire Shangang China Baowu Steel Group (Baowu), already the world's largest steel producer with an annual production of over 100 million tonnes of crude steel, has blocked the state-owned Shandong Iron & Steel Group (Shangang), a leading steel mill located in eastern China's Shandong province. Shandong Iron &... 19.07.2021  11:52

• Egypt ranked among the world's largest steel producers in 2020 The World Steel Association (Worldsteel) released a report stating that Egypt was ranked 20th among the world's largest steel producers in 2020. The report provides a comprehensive overview of the global steel industry, including facts on crude steel production, use and global trade... 16.07.2021  13:45

• World's first 3D printed steel bridge The first ever 3D printed steel bridge opens in Amsterdam, the Netherlands. It was created by a robotic arm using welding torches to layer the structure of the bridge and made from 4,500 kg of stainless steel. The 12-meter long MX3D bridge was built by four commercially available industrial... 16.07.2021  12:19

• MMK starts production in Turkey Metalurji, a subsidiary of the Russian MMK in Turkey, has started pilot production of hot rolled coils. The company has already invested about US $ 40 million in restarting production facilities. It is planned to produce about 2 million tons of hot-rolled coils per year after reaching 100%... 16.07.2021  12:13

• Severstal aims to reduce carbon emissions by 2030 According to the report, Russian steel producer Severstal has set a medium-term carbon footprint and expects carbon emissions per tonne of steel to decline by 10% by the end of 2030. They wanted to achieve the medium-term goal through plans such as technological transformation of production... 16.07.2021  12:11

• Vietnam freezes imports of Indian and Chinese rolled metal products This week, Vietnamese importers agreed to higher prices for re-rolling of hot rolled coils. Demand for rolled metal products has decreased due to isolation measures in Ho Chi Minh City to combat the pandemic. On the other hand, a cut in production in China will reduce Chinese supplies from the... 15.07.2021  11:50

• China will cut steel exports in 2021 Steel exports from China will fall this year due to government policies to reduce or maintain crude steel production at 2020 levels, said one executive at major producer Hebei Iron & Steel (Hesteel). Steel exports from the country are expected to decline in 2021 compared to last year, while... 15.07.2021  11:46