Metallurgy news

• Metinvest publishes its 2020 annual report Metinvest, an international vertically integrated group of mining and metals companies (Metinvest or the Group), has published its 2020 annual report. The topic of the report is "Stronger Together". In 2020, as businesses around the world face new challenges from the COVID-19 pandemic, the Group... 29.09.2021  12:00

• German steel production increased According to statistics from the German Steel Federation (WV Stahl), crude steel production in Germany was around 26.6 million tonnes in the first eight months of this year, an increase of almost 17% over the same period last year. In August alone, steel production in this country reached 2.92... 29.09.2021  09:57

• Steel Price Rises in China Amid Peak Carbon Emissions The Chinese government has imposed dual energy and intensity controls on energy-intensive industries such as steel and cement to meet its carbon peaks and carbon neutrality commitments. Many provinces have been forced to suspend production due to power outages, and steel and other industries are... 29.09.2021  09:54

• POSCO Idle in Jiangsu Due to Electricity Restrictions in China Influenced by the latest Chinese government measures to limit capacity, the POSCO stainless steel plant located in Jiangsu, China, is forced to suspend production. The mill was supposed to resume production in early October. In fact, under national control of energy consumption and energy... 29.09.2021  09:46

• Interpipe will increase employees' salaries by 10% From October 1, the Ukrainian industrial company Interpipe will increase wages by an average of 10%. The increase in wages will affect all employees of the pipe division, the steel division and the division of railway products, as well as employees of centralized functions. When raising... 28.09.2021  12:15

• POSCO will supply steel for solar energy POSCO will supply steel materials to Array Technologies Inc. (hereinafter referred to as Array) from the United States, the world's second largest manufacturer of surface mount systems used in solar energy projects. The two companies signed a MOU without being present on the 31st and decided to... 28.09.2021  09:33

• Vietnam's steel exports jumped sharply in August Vietnam's domestic market has been impacted by the COVID-19 epidemic, so the authorities have stimulated export sales of the steel industry. Moreover, Vietnamese mills have just acquired excellent opportunities amid a strong trend in global steel prices, which has boosted sales of coated steel... 28.09.2021  09:28

• Brazilian company Usiminas shutdown blast furnace No. 2 in Ipatinga after the incident On September 27, the company reported that Brazilian steelmaker Usiminas was forced to shut down blast furnace # 2 at its Ipatinga plant following the September 24 incident. The shutdown can last from 90 to 150 days, "depending on the repair solution that will be implemented," the company said... 28.09.2021  09:12

• China's cuts will affect global steel production again The decline in steel production in China continued in August, while producers there produced steel by 13.2 percent in August compared to August 2020. This month-over-month decline follows a similar pattern in July, when production in China fell 8.4 percent from the same period last year. a year... 27.09.2021  12:44

• Liberty plans to restructure Belgian steel mills The Liberty Steel Group is planning a possible restructuring of its Belgian steel mills, Flemalle and Tilleur, owned by Liberty Liège, to ensure their sustainable long-term future, a spokesman for the group said on September 23. According to local media reports, this is expected to entail the ... 27.09.2021  11:24