Metallurgy news

• Severstal starts supplying pipes to Gazprom for the Kovykta-Chayandinsky section of the Power of Siberia gas pipeline Izhora Pipe Plant Severstal has begun supplying large-diameter pipes for the construction of the Kovykta-Chayanda section of the Power of Siberia gas pipeline to Gazprom. Based on the results of the tender won at the end of 2018, the company will supply the key client with about 100 thousand tons... 02.08.2019  12:29

• ArcelorMittal Italia comments on the Taranto court ruling ArcelorMittal Italia announced that it has taken note of the decision of the Taranto court directed to ILVA to refuse to operate the blast furnace. The statement said that "ArcelorMittal, the manager of the metallurgical plant, is not a party to the proceedings, but is in any event investigating... 02.08.2019  12:07

• Baosteel Zhanjiang Implements Digital Technology to Automate Hot Rolling Mill At the end of March 2019, Baosteel Zhanjiang, a subsidiary of China's Baoshan Iron and Steel Co Ltd, contracted Primetals Technologies to supply digitizing packages, automation technology and electrical equipment for its new 1,780 mm wide hot rolling mill to be built in Zhanjiang. Guangdong... 01.08.2019  11:02

• US lowered 39% tariff on Korean oil pipes The United States has more than doubled tariffs for Korean oil pipelines. US trade pressure on Korea is on the rise as US President Donald Trump seeks to strip it of its status as a developing country in the World Trade Organization (WTO). The US Department of Commerce decided to impose a 38.87... 01.08.2019  10:35

• ArcelorMittal Kryvyi Rih opened a new warehouse for metal products in Dnipro ArcelorMittal Kryvyi Rih has opened a new warehouse for metal products in the central region of Ukraine - in the Dnieper. It is located on the left bank at 1Zh Kursantskaya, where there is a convenient transport interchange and a railway line. From this site the enterprise plans to ship 5 thousand... 31.07.2019  14:41

• South Korea insists on US sanctions The World Trade Organization meeting revealed that South Korea plans to push for trade sanctions against the United States in a dispute over steel pipe tariffs. South Korea put the request for sanctions on the WTO agenda on August 9, but the United States is likely to challenge the request,... 31.07.2019  11:54

• Production of rolled metal products is growing in Iran Iranian finished steel production rose 16% year-over-year in three months to June 21, or the first quarter of the Iranian year, to 5.27 million tonnes, according to the Iranian Steel Producers Association (ISPA). Hot-rolled steel production increased 9% to 2.29 million tonnes, while rebar... 31.07.2019  11:42

• Chinese steelmakers report lower profits in 1H 2019 Due to high prices for iron ore in the first half of 2019, production costs for Chinese metallurgists increased. The China Iron and Steel Industry Association said that while China's steel production rose 9.9% on an annualized basis to 492 million tonnes in the first half of the year, higher... 31.07.2019  10:53

• SAIL SSP Privatization Will Lead to Stainless Steel Monopoly in India President of the Tamil Nadu Congress Committee Mr. K.S. Alagiri said the privatization of India Limited Limited's steel plant at the Salem Steel Plant would result in a monopoly on the country's stainless steel market. Mr Alagiri said: “Currently in India 60% of the stainless steel market is owned b... 30.07.2019  10:14

• Severstal increases sales of new products in the first half of 2019 In the first half of 2019, Severstal sold 192,000 tonnes of new products under the Food Innovations project, which is almost five times more than last year. Mr. Alexander Shevelev, CEO of Severstal, said: “In today's fast-paced world, customer needs for our products are changing rapidly. As part of ... 30.07.2019  10:11