Metallurgy news

• How will the lawsuit against Nippon Steel affect the production of Toyota cars? Japan's Nippon Steel Corp is suing Toyota Motor Corp's customer to stop manufacturing and selling vehicles containing specialty steel made by rival Chinese supplier Baoshan Iron & Steel Co Ltd (Baosteel), which it is also suing. Nippon Steel is suing Toyota and Baosteel in a Tokyo court for... 22.10.2021  11:52

• Turkish BMS Steel Wire begins construction of a new rolling mill Turkish steel wire mesh manufacturer, BMS Steel Wire, was planning to build a new plant in Aliaga /Izmir to increase its production capacity. After obtaining a building permit issued by the Aliagi government, the company began construction of a new wire mesh and ribbed steel rolling mill. At... 22.10.2021  11:46

• Steel production in Italy increased in September compared to the same period last year According to statistics, steel production in Italy in September this year amounted to about 2.3 million tons, which is 28.3% more than in the same month a year ago. This was the best production volume compared to the same period since 2012. Italy produced over 18.6 million tonnes of crude steel... 22.10.2021  11:41

• Who will be able to travel by train and bus after October 21 and how it will be controlled - Ukrzaliznytsia From October 21, according to the updated rules, before boarding the train, passengers must show a vaccination certificate or document confirming at least one dose of COVID-19 vaccine or a negative PCR test or rapid antigen test. This was reported by Ukrzaliznytsia. Otherwise, the conductor has... 22.10.2021  09:47

• NORNIKEL announces production results for 9 months of 20221 PJSC MMC Norilsk Nickel, the world's largest producer of palladium and high-grade nickel, as well as a major producer of platinum and copper, announces preliminary production results for the third quarter and nine months of 2021, and also confirms an earlier production forecast for 2021. Senior... 21.10.2021  10:52

• Dneprospetsstal increased production of metal products Electrometallurgical plant "Dneprospetsstal" in Zaporozhye in January-September this year increased the output of finished rolled products, according to operational data, by 7.1% compared to the same period last year - up to 121 thousand tons. Steel production during this period increased by 3%... 21.10.2021  10:39

• Coking coal is on the list of strategic raw materials The European Union imports about 40 million tons of coking coal annually. This market has a global dimension and the demand for coking coal and coke depends mainly on the state of the steel industry. World coking coal production (1,139.5 million tons per year) is concentrated in several... 21.10.2021  10:01

• There is no end to the rise in steel prices The situation on the steel market, unprecedented in recent decades, is causing a constant rise in prices, and it is not known how long this process may take, experts say. On the one hand, prices are driven by growing demand, and on the other, by very large increases in the cost of raw materials,... 21.10.2021  09:47

• Copper on the London Metal Exchange hits 27-year high As LME copper stocks have declined recently, the gap between cash prices and future prices has been large. Estimated metal prices on the LME (London Metal Exchange) rose last Friday, while copper posted the biggest weekly gain since 2016. Copper price continued to rise to $ 10,452 /t today, up $... 20.10.2021  11:04

• China's steel exports are weakening, while imports are rising China's steel export market remained tepid last week, even as the price gap between Chinese sellers and their main competitors narrowed. On the contrary, China's interest in imports, especially wire rod, has become more active, traders' sources say. Chinese steel export prices declined sharply... 20.10.2021  10:57