Metallurgy news

• Pig iron prices rise in Brazil Brazilian iron market players have increased their offers since the beginning of November. They were driven by increased demand and low availability of the material in the market. “The demand for pig iron is growing in the Brazilian market. Most manufacturers have raised prices while watching t... 20.11.2019  09:35

• India to retaliate against US at WTO on steel duties India may retaliate against the US based on issues that have already been resolved by the World Trade Organization's compliance team in favor of India in a dispute over countervailing duties on steel imports. This can happen if Washington does not appeal the decision, which it can do within the... 20.11.2019  09:10

• ArcelorMittal is ready to offer a conditional solution for Ilva ArcelorMittal is developing a plan to reaccept the 2018 agreement on the troubled Ilva plant, under which it acquired the troubled Ilva steel plant in southern Italy on three terms. According to the report, after withdrawing from the contract, ArcelorMittal is developing a proposal for the... 19.11.2019  11:31

• Tata Steel Europe will cut 3,000 jobs Tata Steel outlined proposals for a transformation program in Europe. It says: “The program is essential for businesses to thrive despite severe market disruptions that have led to a sharp decline in profitability. At the same time, it aims to provide the foundation for the investment needed to a... 19.11.2019  11:25

• Iran aims to further increase steel production capacity Currently, Iran's total crude steel production is about 62% of the total in the Middle East. Reza Rahmani, Iran's Minister of Industry, Mines and Business, noted that Iran continues to seek to further increase its share of steel production in the Middle East. Last year, global steel capacity... 19.11.2019  10:00

• Dneprospetsstal celebrated the World Quality Day Last Thursday, November 14, the whole world celebrated the Day of Quality. According to the press service of Dneprospetsstal, the entire team of the enterprise considers this holiday to be professional. “This is not surprising, because the high characteristics of our metal are confirmed by a g... 18.11.2019  14:25

• SSAB will be the first producer of fossil-free steel SSAB plans to be the first company in the world to bring fossil-free steel products to the market. The plan for the transition to non-fossil steel production based on iron ore was presented to more than 400 customers and key industry players in conjunction with the SSAB Swedish Steel Awards in... 18.11.2019  09:23

• ArcelorMittal Italia closes Ilva blast furnaces ArcelorMittal Italia will put all blast furnaces at the former Ilva smelter in Taranto on hold by 15 January 2020 as it plans to close all production at the site. BF2 will shut down on December 12, BF4 on December 30, and BF1 on January 15, while strip mill 2 will be closed from November 26 to 28.... 18.11.2019  09:03

• Metinvest announced plans for massive staff layoffs The global crisis in the steel market has reached Ukraine: Metinvest Group has developed an action plan that will help the company overcome the difficult economic situation with minimal losses. Netherlands mining and metallurgical holding with assets in Ukraine Metinvest B.V. (Metinvest)... 17.11.2019  12:12

• South Korean investment in ASEAN up 17% in 2018 South Korea's direct investment in the Association of Southeast Asian Nations (ASEAN) surged nearly 17 percent in 2018 amid fierce competition from Japan and China to stave off a growing market, data showed Friday. South Korean firms invested $ 5.26 billion in ASEAN countries last year, up 16.7... 15.11.2019  12:24