Metallurgy news

• Prices for hot-rolled steel from the Gulf countries are growing, while in China they do not change Buyers of GCC hot-rolled coil have been receiving price increases since the beginning of last week, but Chinese mills have maintained or even reduced some quotes by $10-$15 per tonne. This week SPHT-1 3mm hot rolled coil is offered by Japanese mill at $680/t, SS400 2-3mm boron steel from India... 21.09.2022  12:09

• German company Salzgitter receives state funding German steelmaker Salzgitter will receive low-carbon steel funding from the government, which will support the first phase of the company's three-stage decarburization plan to produce 1.9 million tons of unrefined mild steel by the end of 2025. Several steelmakers in the EU have warned in recent... 20.09.2022  10:31

• ArcelorMittal forecasts decline in steel production in Europe in the fourth quarter ArcelorMittal, the world's largest steel producer in Europe, forecasts European steel production to fall by around 1.5 million tonnes in the fourth quarter of this year as the company cut steel production at its operations in Germany, Poland and Spain. Due to interruptions in gas supplies to... 20.09.2022  10:29

• Romanian company Alro Slatina to cease operations by May 2023 According to Constantin Popescu, president of the Aluministul union, Romanian aluminum producer Alro Slatina is likely to cease operations entirely by May 2023, mainly due to high energy prices. Currently, only two-fifths of the electrolysis plants are in operation at the plant. However, due to... 20.09.2022  10:27

• Europe decides whether or not to buy Russian aluminum The energy crisis in Europe, production cuts and shortages of aluminum have put consumers in a difficult position regarding Russian supplies of a metal vital to the region's transport, construction and packaging industries. Some prefer to avoid Rusal's metal, while others are more optimistic,... 18.09.2022  12:40

• Rail disruptions will affect US steel shipments If US railroads and unions fail to reach an agreement on a new contract by September 16, potential railroad strikes will negatively impact the supply of finished and semi-finished steel, as well as steel raw materials, according to the Steel Manufacturers Association. The association said that... 16.09.2022  11:23

• Tata Steel UK awards Danieli Corus contract The air heaters of both blast furnaces at Tata Steel's Port Talbot Works plant have achieved very long service lives thanks to numerous life extension repairs, the most recent of which was the refurbishment of Blast Furnace No. 4 Furnace No. 10. The current contract between Danieli Corus and... 16.09.2022  11:15

• Eurocoke: war affects the European coke market: Before the war, there were 14 large coking plants in Ukraine, and most of them are located in the east of Ukraine, where the main fighting and destruction takes place. They produced 19 million tons of coke per year. “The leading producer is Metinvest’s Avdeevka Coke Plant with a capacity of 4 mil... 16.09.2022  11:10

• ArcelorMittal Luxembourg has no plans to close production Roland Bastian, CEO of ArcelorMittal Luxembourg, said the company has no plans to cut or stop production at its Luxembourg plant due to sufficient orders. Due to rising energy prices and weak demand for steel, ArcelorMittal previously temporarily suspended production at two blast furnaces in... 15.09.2022  12:58

• Steel production in Ukraine increased in August According to statistics, pig iron production in Ukraine increased by 20.9% month-on-month to 335,000 tons in August 2022. During this period, the output of finished steel products increased by 17.5% compared to the previous month to 248,000 tons, while steel production reached its maximum. level... 15.09.2022  12:57