Metallurgy news

• UK steel industry dies as new car production doubles The demise of the UK steel industry looks strange against the backdrop of a resurgent auto industry that is breaking historic production records. The Society of Car Manufacturers and Traders in the UK predicts an annual production of over 2 million vehicles by 2020, a new all-time high since 1972,... 23.10.2015  14:11

• Hyundai Steel announces successful completion of work on new high-strength steel grade South Korean steel company Hyundai Steel announced on Friday that it has successfully launched a new high-strength steel grade, which began development in 2012. According to the company, rolled steel will become a "pearl of metal products" and can be used for the first time in the manufacture of... 23.10.2015  12:17

• British trade unions asked 10 questions to President of the People's Republic of China Xi Jinping 1. When will China stop hiding the real production data for steel? 2. How much is the Chinese steel industry operating at a loss? 3. Is the destruction of the industry in Europe the main goal of China, because of what it increases its exports? 4. How much does the Chinese government spend... 22.10.2015  15:58

• The closure of the metallurgical plant of the Ukrainian KVV group in Liepaja is a matter of several weeks October 22, Liepaja. The Latvian enterprise of Ukrainian scrap metal workers "KVV Liepajas metallurgs" is on the verge of closure and this issue may be resolved in the next two weeks. This is stated in the video of the First Baltic Channel. “Until now, it is almost impossible to get any c... 22.10.2015  15:18

• PJSC "ArcelorMittal Kryvyi Rih" invested one and a half million hryvnia in the repair of the bridge over the railway tracks With the support of PJSC "ArcelorMittal Kryvyi Rih" in Kryvyi Rih, work on the repair of overpass No. 5, which is located on the bypass road, is nearing completion. The enterprise invested one and a half million hryvnias in repairs. For many years, within the framework of the Agreement on... 22.10.2015  13:35

• Xi Jinping responds to allegations of collapse of global steel market The whole world and not only Great Britain is faced with the problem of overproduction of iron and steel and the global financial crisis is to blame, said Xi Jinping, General Secretary of the Central Committee of the Communist Party of China, during a visit to London. “China has taken a number o... 22.10.2015  10:38

• JSW Steel reduced its net profit seven times, but remained in positive territory JSW Steel Ltd, one of the largest steel companies in India, reported an 84% drop in net profit for the period from July to September 2015. The reason for such a serious loss of income in the company was called weak demand for steel and high debts, on which JSW Steel has to pay... 21.10.2015  16:18

• Severstal Distribution has sold 100 thousand tons of rolled metal products in Belarus and Ukraine since the beginning of the year For 9 months of 2015, sales of the Severstal Distribution group of companies (the distribution network of the Severstal Russian Steel division) in the European Union amounted to 422 thousand tons, more than 100 thousand tons of products were shipped to customers from Belarus and Ukraine. This was... 21.10.2015  12:38

• Ukrainian metallurgists insist on the introduction of export duties on scrap metal General Director of Metinvest Group Yuri Ryzhenkov, General Director of ArcelorMittal Kryvyi Rih PJSC Paramzhit Kalon and General Director of Electrostal LLC Matvey Lam sent a letter to the Prime Minister of Ukraine Arseniy Yatsenyuk urging duty on scrap in the amount of 20 euros per ton "to... 21.10.2015  11:51

• ILVA's toxic emissions lawsuit kicks off in Italy An Italian court on Tuesday began considering the case of the ILVA smelter, whose management, along with city officials and politicians, is accused of at least 400 deaths due to toxic waste poisoning. The mega-process brought together about 100 lawyers, 47 defendants and more than a thousand... 21.10.2015  10:41