Metallurgy news

• The world's largest mining companies declare zero carbon emissions by 2050 The world's leading mining companies are committed to achieving zero net direct and indirect carbon emissions by 2050 or sooner, the International Council of Mines and Metals (ICMM) said. “The collective commitment of ICMM members to reduce emissions of one (direct) and two (indirect) greenhouse ... 06.10.2021  09:50

• EU Carbon Tariffs May Affect Taiwan's Steel Exports According to the Taiwan Ministry of Economy, the EU has listed 248 Carbon Boundary Adjustment Mechanism (CBAM) items, of which about 212 items exported to Europe from Taiwan, worth 24.5 billion Taiwan dollars, mainly steel products. The EU has planned to introduce carbon border tariffs for the... 06.10.2021  09:41

• New steel production capacity in September 2021 Europe British Steel's Special Profile has announced that it will build a new service center at its site in Skinningrove, North Yorkshire. The £ 26 million facility will include a variety of processing services, expanding the company's range of value-added profiles. It is currently scheduled ... 05.10.2021  10:05

• Steel production in Turkey hits new high Turkey's crude steel production was 3.5 million tonnes in August this year, up 7.1% from the same month last year, the highest monthly volume, according to the Turkish Iron and Steel Association (TCUD). production and maintained Turkey's position as the seventh largest producer of crude steel in... 05.10.2021  09:48

• USA retains duty on flat products from 6 countries Following the final outcome of the Anti-Dumping Duties (AD) Accelerated Review, the US Department of Commerce (USDOC) found that the cancellation of the existing AD order for certain cold rolled flat products from Brazil, China, India, Japan, South Korea and the UK could lead to a continuation or a... 05.10.2021  09:38

• China's Coking Coal Deficit and Steel Restrictions Support Scrap Prices Ferrous scrap prices are supported by Chinese demand for decarbonisation, reduced air emissions and limited growth in steel production, as supplies of coking coal and electricity remain limited. Prices for imported HRS101 scrap metal in China are estimated to remain high at $ 598 per tonne CFR... 04.10.2021  10:00

• ArcelorMittal decarbonization project in Europe The European Investment Bank (EIB) has provided a € 280 million loan to leading steel company ArcelorMittal to support its research and development programs on decarbonization from 2021 to 2023, which will be carried out in several EU countries. The loan is secured by a guarantee from the European S... 04.10.2021  09:49

• Results of metallurgical production in Ukraine for 9 months of 2021 According to preliminary data for 9 months of 2021, metallurgical enterprises produced: 16.15 million tons of pig iron, which is 6.4% higher compared to the period January-September 2020; 16.29 million tons of steel, which is 6.3% more than in 2020; 14.52 million tons of rolled metal, which is... 04.10.2021  09:37

• Tata Steel reaches agreement to sell stake in steel division Integrated steel company Tata Steel Ltd. headquartered in India said it has reached a definitive agreement to sell its 100% stake in Singapore-based steelmaking facility to TS Global Holdings. A final agreement has been reached to sell the entire stake in NatSteel Holdings Pte Ltd for $ 172... 03.10.2021  14:44

• Japan sues China over stainless steel imports Japan's Ministry of Economy, Trade and Industry (METI) announced that the World Trade Organization (WTO) has set up a Dispute Settlement Commission on September 27 over China's Anti-Dumping Measures (AD) against Japanese stainless products. The Chinese government has introduced AD measures on... 01.10.2021  10:59