Metallurgy news

• India mulls steel price hike due to more expensive coal Rising coal prices, coupled with shortages of coking coal and thermal coal, are forcing Indian steel makers to consider raising steel prices in the next quarter. Indian steel giants such as JSW Steel and Jindal Steel and Power (JSPL) expect prices to rise due to costs. India's coking coal... 11.10.2021  10:19

• thyssenkrupp announces Bluemint mild steel thyssenkrupp Steel announced bluemint, a new range of low carbon steels. This is considered a milestone in the company's transition to climate-neutral steel. The company reportedly shipped the first batches of steel to premium manufacturer Kaldewei in Alain. The CO2-reduced products are... 11.10.2021  10:06

• New blast furnace PT Krakatau Steel will start production in the third quarter of next year Indonesian steel company PT Krakatau Steel's new blast furnace will be launched in the third quarter of 2022. There are two potential strategic partners and one candidate even signed a memorandum of understanding with Krakatau Steel. “There is another partner who is interested in working with t... 11.10.2021  10:02

• “If we had made a decision to go to the stock exchange, we would have done it in a year and a half. The question is - why? ". Big interview with Yuri Ryzhenkov When in the second half of 2013 a change of leadership was being prepared in the largest metallurgical holding in Ukraine, the political barometer showed “Cloudy. No thunderstorms. " Viktor Yanukovych's refusal to sign the Association Agreement with the EU tore the lid off the boiling cauldron. T... 09.10.2021  13:10

• Polish company will supply mining machines to Russian mines The tender for the supply of 13 machines for the Ural plant PAO Gaiski won the offer presented by a subsidiary of the Polish company - Zanam Vostok. The cost of the contract was not disclosed. In 2022-2023, KGHM Zanam will supply 13 mining machines to the mines of the plant. Delivery of the... 08.10.2021  11:05

• Most of the quotas for the supply of flat products from India to Europe have already been met According to the European Commission dated October 7, the volume of Indian flat products significantly exceeds the volume of imports to Europe, while most of the quotas for Indian flat products have already been exhausted. The quota for Indian hot-rolled coil for October-December in the amount... 08.10.2021  10:59

• International call for the development of hydrogen technology The International Energy Agency (IEA) has called on governments around the world to accelerate work on hydrogen technologies for green industry and transport. “We need to reduce the cost of hydrogen decarbonation technology faster,” the IEA emphasizes in its report. Low-carbon hydrogen needs u... 07.10.2021  11:34

• JSPL expects steel prices to rise due to severe coal shortages Leading steelmaker Jindal Steel and Power Limited (JSPL) expects steel prices to continue to rise in the coming months, mainly due to a shortage of coal, which is mainly used by domestic steelmakers to generate electricity for steelmaking. It is estimated that the country consumes about 1,200... 07.10.2021  11:29

• Thyssenkrupp relaunches blast furnace # 1 German steelmaker ThyssenKrupp relaunched blast furnace # 1 on October 1. This blast furnace was shut down in July for reflining. Blast furnace # 1 of Thyssenkrupp can produce 10,000 tons of pig iron per day. From 2025, all four of the steel giant's blast furnaces will be gradually replaced... 07.10.2021  11:21

• China will no longer be an aggressive steel exporter After a massive increase in metal prices around the world, the largest steel producer, China, is again showing an increase in the production of rolled metal products. Tata Steel CEO Narendran believes that if China cuts production, its exports will be less, and this will give stability to steel... 07.10.2021  11:10