the country is the largest supplier of ferrous scrap in Asia. As a result, the recovery of the steel industry in some countries may be at risk....
Ferrous metallurgy
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Thyssenkrupp is continuing negotiations on the consolidation of the steel business in Europe
At the moment it is known that the largest producer of steel in Germany is discussing a joint asset management with India's Tata Steel, SSAB...
Brazil's largest steel company is planning to stop the blast furnace
Lack of demand and high stocks of finished steel products CSN forced managers to think about reduction of steel production by a third....
The United Arab Emirates has banned the export of scrap metal from the country from may 15
a Sharp increase in the deficit of scrap metal in UAE forced local authorities to ban the export of raw materials in four months....
The index of steel prices in China rose in April compared with March, but fell compared with the same period last year
Chinese spotovye prices on the steel market growing, but still behind the same period last year (APPG)....
In March, wages at the enterprises of ferrous metallurgy of Ukraine increased by 22%
In the whole Ukrainian industry wage growth amounted, according to the trade unions of 8.2%...
In Ukraine, the forecast drop in steel production by 7% in 2020
Ukraine has lowered the forecast of steel production in 2020 is 7%, as compared to the year 2019 4.1%, to 20 million tons....
Iran imposes restrictions on the export of steel to meet domestic demand
Iranian metallurgical companies were forbidden to sell the metal for export until will not be closed all applications to the Iranian Mercantile...
Melting furnace No. 7 in Zaporizhia Ferroalloy plant fulfilled year without repair
This is a record for Ukrainian Ferroalloy industry, since the mean time of continuous operation of the furnace is approximately 110 days....
Turkey in March increased domestic consumption of steel by 34 percent
March was the month when the Turkish steel industry started to experience problems with sales in foreign markets....
Steel production growth at Metinvest plants in the first quarter amounted to 30%
Steel production in the 1st quarter of 2020 increased by 30% compared to the previous quarter - up to 2 million 170 thousand tons...
"Zaporizhstal" steel works reduced steel production by 34.5% in April
the Decline in production in April 2020 due to the complex capital repairs of blast furnace № 2 and № 5, and also taking into account portfolio and...
US Steel decided to "immediately dismiss" about three thousand people
Coronavirus made the second largest steel company of the United States to stop half of its capacity in North America and almost 100% in Europe....
The Swedes first in the world to conduct heating of the steel by hydrogen in the process of rolling
Company Linde Gas and Ovako AB expects to obtain environmental benefits from the use of hydrogen in the combustion process, noting that the only...
Japan registers record steel exports for the third month in a row
Japan's third-largest steel producer in the world by the end of 2019. The sharp rise in exports and imports evidence of serious problems with...
The largest steel producer in the United States will continue to pay dividends
Chapter Nucor stated that it is not going to become the first Director in the history of the company in which was suspended the payment of...
"ArcelorMittal Kryvyi Rih" has started hot testing of sinter machine No. 1 after reconstruction
a Distinctive feature of the reconstruction of the sintering machine in comparison with the other three was the construction of two new aspiration...
Prices for cold-rolled sheet in China fell to $ 70 to three-year lows
prices of cold-rolled steel in China have become so low that many producers or reduce production or stop the rolling mills to operate at a loss....
Sales Tata Steel fell by 15%
last week, the S & P Global Ratings downgrades Tata Steel to 'B +' on expected increase in leverage and a negative Outlook....
INTERPIPE has improved its financial results for the 12 months 2019
Anticipating the impact of global challenges, INTERPIPE started the implementation of the cost optimization program....
ArcelorMittal will close the second blast furnace at a plant in FOS-sur-Mer due to the lack of steel demand
the Largest steel company in France, will cease to produce steel until the authorities will not take control of the situation with the coronavirus in...
The demand for steel in Ukraine in the beginning of the year grew 20% amid falling imports 11%
Before the pandemic on the steel market of Ukraine showed the positive growth trends in domestic consumption on the decline in procurement of steel...
The construction of new filters in the Converter shop of the Azovstal has entered the final stage
Despite the crisis in the steel sector, Azovstal continues environmental projects ahead of schedule....
The metallurgical industry of the United States stopped half of its capacity
American steel companies are cutting production and staff in response to quarantine measures to their strategic clients....
In the UK, rising steel prices due to the weakening pound
April 16 the UK government has announced the extension of the quarantine, at least for another three weeks....
ISA: the Demand for steel in India will decrease by 7.7% due to coronavirus
Prolonged quarantine will have a significant impact on the consumption of steel in construction, automotive and railway sectors in India, which are...
Worldsteel: a Pandemic will affect the demand for steel is less than the financial crisis of 2008
the world steel Association believes that after the quarantine, most countries will quickly restore its industry....
The largest steel company in Japan can stop another blast furnace
Nippon Steel already stopped two blast furnaces due to the sharp drop in steel demand and considering the possibility of stopping the third....
Procurement of scrap metal in Russia from-for coronavirus dropped four times
This is a serious shortage of raw materials after the abolition of quarantine and, as a result, the forced reduction in steel production....
