Metallurgy news
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Primetals Technologies creates new steel plant in China To comply with environmental regulations and improve production, HBIS Shijiazhuang Iron & Steel Co Ltd has signed a contract with Primetals Technologies for a new steel wire rod plant in Shijiazhuang, Hebei Province, People's Republic of China. The plant, which is relocating from outside...
08.04.2020 11:25
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Profits of European metallurgy may decline in the second quarter amid weak demand In the second quarter of 2020, Europe's hot rolled steel production margins may decline further due to weak demand as the coronavirus pandemic disrupts global trade. HRC steel distribution by feedstock in Northwest Europe in the second quarter may decline to 231 € /t (USD 249) on the back of r...
08.04.2020 11:14
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Evraz closes Portland pipe plant Evraz Oregon Steel Mills is closing its coiled tubing plant at its Portland plant, resulting in nearly 230 permanent job cuts. Evraz said it will implement the cuts over a two-month period starting Monday. Evraz North America Director of Communications and Government Patrick Waldron said: “The oil a...
07.04.2020 13:57
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The robot processes business orders in LIBERTY Ostrava Robot Process Automation is the official name of the new technology assistant that assists in the sales coordination and order management department at LIBERTY Ostrava. However, this is not a human figure that you would see sitting at a computer, but special software. The Ostrava Mill continues to...
07.04.2020 13:53
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US steel production continues to decline AISI announced that for the week ended April 4, 2020, domestic steel production was 1,534,000 tonnes, while capacity utilization was 68.5%. Production was 1,892,000 net tons for the week ended April 4, 2019, while capacity utilization was 81.3%. Production this week represents a decline of 18.9...
07.04.2020 13:49
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Mechel supplies rolled metal for the construction of medical centers to combat coronavirus in Russia Mechel Group's retail network Mechel-Service supplies steel coils for the construction of infectious diseases hospitals designed to combat coronavirus throughout Russia. The Russian Defense Ministry is accelerating the construction of 16 medical centers. Mechel-Service supplies rolled metal...
06.04.2020 12:38
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British Steel takes action on COVID-19 coronavirus spread British Steel CEO Ron Deelen said: “The coronavirus is shaping the way we all conduct our daily lives, and we have robust and flexible plans to protect our people, customers, suppliers and the communities in which we operate. We continue to follow the latest guidelines from Public Health England a...
06.04.2020 12:35
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Australia launches anti-dumping investigation into Vietnamese steel products The Australian Antidumping Commission has launched antidumping and antidumping investigations for steel pipe products originating in China, South Korea, Taiwan and Wit Nam. The information was published by the Trade Facility Office of the Ministry of Industry and Trade of Vietnam. Certain...
06.04.2020 12:32
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Tata Steel Update on COVID-19 Outbreak As the new outbreak of the COVID-19 coronavirus continues to spread rapidly around the world, Tata Steel said: “As national governments intensify their efforts to contain the spread of COVID-19, Tata Steel will reduce operations at certain facilities. We have already strengthened our employee risk m...
03.04.2020 11:24
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Turkish steel companies confirm the need for import restriction measures Turkey's steel production in February rose 8.2% year-on-year to 2.9 million tonnes, according to the Turkish Steel Manufacturers Association (TCUD), while production in January-February rose 12.7% to 5 , 9 million tons. Consumption of finished steel in February was 3 million tons, up 68.3%...
03.04.2020 11:14
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