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Arcelor Mittal « Terug naar discussie overzicht

Nieuws en info hier plaatsen (deel 4)

35.173 Posts, Pagina: « 1 2 3 4 5 6 ... 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 ... 1755 1756 1757 1758 1759 » | Laatste

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voda 25 augustus 2020 16:28

EU dreigt met verlengen tarieven op Chinees en Taiwanees staal

Gepubliceerd op 25 augustus 2020 10:48 | Views: 1.633

ArcelorMittal 16:07
10,02 -0,04 (-0,38%)

BRUSSEL (AFN/BLOOMBERG) - De Europese Unie dreigt de tarieven op roestvrijstaal uit China en Taiwan te verlengen. Dit nadat Europese producenten hebben gevraagd om een langere bescherming tegen het dumpen van staal op de Europese markt. Huidige afspraken vervallen op 28 augustus.

De Europese Commissie onderzoekt of maatregelen moeten worden verlengd en aangescherpt. De angst bestaat dat Chinese en Taiwanese producenten staal, dat wordt gebruikt in onder meer liften, ketels, tanks, keukenapparatuur, onder de kostprijs in de Europese markt zetten.

Europese staalmakers hebben eind mei een verzoek ingediend voor verlening van de afspraken, omdat herhaling van de dumpingpraktijken bij het versoepelen van de regels op de loer ligt. Onderzoek naar de kwestie kan tot 15 maanden duren. Tot dit is afgerond blijven de huidige tarieven in stand.

Diplomatieke tour

Overigens is China dinsdag begonnen met een diplomatieke tour langs verschillende Europese landen om zo de banden aan te halen. De Chinese minister van Buitenlandse Zaken Wang Yi brengt deze week bezoeken aan Italië, Nederland, Noorwegen, Frankrijk en Duitsland. Daarbij zal onder meer worden gepraat over economische samenwerking en de bestrijding van het coronavirus.

De tour moet ook helpen de Amerikaanse campagne tegen China te ondermijnen, waarbij bondgenoten van de Verenigde Staten worden gevraagd niet samen te werken met Peking. Zo waarschuwde de Amerikaanse minister van Buitenlandse Zaken Mike Pompeo bij recente bezoeken aan Europa dat China een groter veiligheidsgevaar vormt dan Rusland.

voda 26 augustus 2020 15:30

JSW Group Combines Distribution & Supply Chain of Steel & Cement Businesses as JSW One

JSW Group is combining its distribution and supply chain expertise across the Steel & Cement businesses under an integrated JSW One initiative. JSW Group has presence in Steel, Cement & Paints business in India. All these three products have a common set of customers as they are essential in building a home. In order to reach out to these common set of consumers & channel partners, an integrated effort is being mobilized through this unique initiative. JSW One has commenced operations in the East Region and will be scaled-up pan-India over the next couple of years. It will derive synergies to benefit both the Steel & Cement businesses by streamlining and maximizing the depth and expanse of JSW Group’s sales and supply chain network. JSW One will also combine the Group’s expertise across product portfolio to provide comprehensive service capability to its customers.

JSW Cement Managing Director Mr Parth Jindal said “Our customers need TMT Rebars, Cement and Steel Roofs to construct their houses as well as Paint to beautify their homes. JSW Group is the only conglomerate globally which can offer Steel, Cement and Paints as a comprehensive offering to our customers. Through JSW One, we leverage this unique opportunity to change and alter the way we market our products to our customers.”

JSW Steel Executive Vice President for Marketing & Sales Mr Vinay Shroff said “As a flagship business of JSW Group and an integrated steel manufacturer, JSW Steel is a leader in manufacturing high-strength and advanced high-end steel products for various customer applications. JSW One offers us an excellent opportunity to deepen our penetration in the eastern market where our brands are present and established. It will provide high-quality JSW Neosteel TMT Rebars and Cement for our customers’ requirements in the most pioneering retail combination. Moreover, our businesses will derive structural synergies of the Group through JSW One by further expanding the distribution offering and footprint in East to drive increase volumes.”

JSW One has commenced operations with the cross-selling JSW Neosteel TMT Rebars and Cement portfolio to its channel partners. It will help expand the Group’s on-ground reach to bring JSW closer to its customers. JSW One enables the JSW Group to become a one-stop-solution for the consumer’s home-building requirements as well as benefit from the synergistic advantages of customer overlaps within the different businesses.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 15:31

voestalpine to Restart Small Blast Furnace in Linz

voestalpine Blast FurnaceIn early September voestalpine will restart the small blast furnace in Linz which has been temporarily shut down since March, following the abrupt slump in customer demand caused by Covid-19. Voestalpine said “The gradual revival of demand, which is most pronounced in the automotive, electrical, and processing industries, has led to an increased need for high-quality steel grades, making this step possible. The first signs of recovery are also evident in the mechanical engineering and energy segments, for which the site in Linz also produces high quality steel products.”

It added “Together with the two other blast furnaces at the site, the restart of the small blast furnace brings steel production back up to almost normal levels, after capacity was throttled back following Covid-19.

The voestalpine Steel Division operates one large and two small blast furnaces at the site in Linz, which together have an annual pig iron production capacity of around five million tons. Another two blast furnaces are located at the headquarters of the Metal Engineering Division, in Donawitz, Styria, and produce a total of up to 1.5 million tons of pig iron each year. One of the two blast furnaces in Donawitz is scheduled for interim repairs from June to October, and will only be restarted when customer demand requires.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 15:32

Severstal Celebrates 65th Anniversary of Cherepovets Metallurgical Plant

Severstal Russian Steel division’s Cherepovets Steel Mill celebrates its 65th anniversary. The beginning of the history of CherMK is considered August 24, 1955. On this day, at 15 hours 25 minutes, senior furnace F.E. Drozdov punched the tap hole from which the first Cherepovets cast iron was released. In February 1956, the first coke was produced by the coke oven battery, in 1959 the first ingot of open-hearth steel was produced and blooming was put into operation. In the following years, new metallurgical capacities came into operation: blast furnaces, converters, electric steel-making furnaces, rolling mills for the production of sheet and products.

Today, the enterprise includes four main industries coke-and-blast furnace, steelmaking, flat and long products. The plant manufactures products for such sectors of the economy as construction, energy and mechanical engineering. The company employs about 25 thousand employees.

CherMK produces 11.9 million tons of steel per year. Despite the difficult market situation, the plant's capacities are loaded with orders. So, in July 2020, in the metal coating workshop No. 2, a record was set for the production of galvanized steel - 40.8 thousand tons.

At the end of the third quarter of 2020, it is planned to commission new capacities at the first redistribution of the CherMK technological chain - blast furnace No. 3 and coke oven battery No. 11. Investment projects worth more than RUB 60 billion are identified as key drivers of EBITDA growth and a reduction in steel production costs. The new facilities are equipped with the best available environmental technologies and fully meet the public's demand for "green steel".

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 15:32

JSW Steel to Start Odisha Steel Mill Project Soon

PTI reported that JSW Group is committed to commence its proposed integrated steel plant project in Odisha’s Jagatsinghpur district. During a video conference, JSW Chairman Mr Sajjan Jindal assured Chief Minister Mr Naveen Patnaik that the 13.2 million tonne per annum steel project would be started soon. Mr Jindal said “We are fully committed to the Jagatsinghpur project and getting full support from the entire state machinery. We want to start the project very soon.”

Mr Jindal also said that JSW Steel is partnering with IIM Sambalpur for creating JSW Centre for Development Studies for Odisha which will work on a long-term plan for the development of Odisha.

The JSW has proposed to set up its greenfield facility at the location which was earlier earmarked for the Posco project.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 15:34

Russian Gold Giant Petropavlovsk Appoints Mr Malay Mukherjee to Board

The board of directors of Petropavlovsk PLC announced the appointment of Mr Malay Mukherjee as a new independent non-executive director with immediate effect. Mr Mukherjee has over 40 years of experience in a range of technical, commercial and managerial roles in the mining and steel industry. Mr Mukherjee is the lead independent non-executive director of JSW Steel Ltd, one of India’s leading steel companies, prior to which Mr Mukherjee served as the CEO of Essar Steel Global from 2009 to 2011. Mr Mukherjee worked for Arcelor Mittal from 1993 to 2009. He was a member of the Board of Directors at Arcelor Mittal between 2008 and 2009. Between 2006 and 2008, Mr. Mukherjee served as the Senior Executive Vice President at Arcelor Mittal and a Member of the Group Management Board. He was in charge of mines and operations in Africa, Asia, southern Europe (Bosnia, Macedonia), CIS, Ukraine, Kazakhstan, and also responsible for Stainless Steel, Pipes and Tubes and Technology. He also served as the COO for Mittal Steel Company between 2004 and 2006.

Mr Mukherjee is a recipient of the MECON Award from the Indian Institute of Metals. Mr Mukherjee holds a Master's degree in mining from the USSR State Commission in Moscow and a Bachelor of Science degree from the Indian Institute of Technology in Kharagpur, India. Mr Mukherjee is a Member of Academy of Natural Sciences Kazakhstan and Life Member in the Indian Institute of Metals. He was awarded a letter of appreciation from the President of Kazakhstan for work rendered in Kazakhstan from 1995 to 1999.

Petropavlovsk PLC is a major integrated Russian gold producer with JORC Resources of 21.03Moz Au which include Reserves of 8.46Moz Au. The Company’s key operating mines (Pioneer, Malomir and Albyn) are in the Amur Region in the Russian Far East. Petropavlovsk has produced a total ofc. 7.9Moz of gold since operations began in 1994 and has a strong track record of mine development, expansion and asset optimisation. Following its IPO on the Alternative Investment Market in 2002, Petropavlovsk was promoted to the London Stock Exchange in 2009, where today it is a Premium Listed company and a constituent of the FTSE 250, FTSE 350 and FTSE All Share indices.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 15:35

Indian Steel Sector May Get Infrastructure Status

According to a report in ETNOW, Indian government is considering various options for promoting the steel sector including granting of infrastructure status to the domestic steel industry. The grant of infrastructure status for the domestic steel industry will provide easier access of funds from lending financial institutions, faster clearances of mandatory government approvals required for new projects, the sourcing of a large amount of funds though external commercial borrowings, and access to funds under long-term debt instruments

Industry body Ficci had suggested various measures like infrastructure status to the steel industry; zero duty on critical raw materials, and another three-month moratorium to revive the sector, which has been impacted by the lockdown in May 2020. Granting infrastructure status to the steel industry, it said, will give access to finance at competitive rates from various markets and sources. Besides, the entire supply chain of the sector should be incorporated into essential services, and be allowed to operate with precautionary measures as per the guidelines of the government.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 15:46

Sunfire Delivers High-Temperature Electrolyser to Salzgitter Flachstahl

Sunfire has delivered the world’s most powerful High-Temperature Electrolyzer for highly energy-efficient hydrogen production to Salzgitter Flachstahl GmbH. Within the GrInHy2.0 project, Sunfire’s HTE system with a rated electrical output of 720 kilowatts will be deployed in an industrial environment for the first time. GrInHy2.0 is another step by Salzgitter AG towards low CO2 steel production within the framework of the innovation project SALCOS® - SAlzgitter Low CO2 Steelmaking. The electrolyzer is expected to be in operation for at least 13,000 hours by the end of 2022, while producing at least 100 tons of green hydrogen from renewable electricity.

Salzgitter Flachstahl GmbH and Sunfire have already pioneered the GrInHy project in 2016. In cooperation with its partners Paul Wurth S.A., Tenova SpA, the French research center CEA and Salzgitter Mannesmann Forschung GmbH, GrInHy2.0 will now continue to build on the success of the initial project.

This project has received funding from the Fuel Cells and Hydrogen 2 Joint Undertaking (JU) under Grant Agreement No 826350. This Joint Undertaking receives support from the European Union’s Horizon 2020 Research and Innovation program, Hydrogen Europe and Hydrogen Europe Research.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 15:48

ChTPZ Group Develops New Type of Stainless Steel Pipes

ChTPZ Group’s Pervouralsk Novotrubny Plant said that a new type of import-substituting stainless steel pipe products was developed and delivered to the client. The first batch of 1,050 meters of pipes is already being used in the production of one of the largest machine building plants in Russia, Gidroavtomatika, the second batch of 1,034 meters is planned to be shipped by the end of August.

New cold-worked pipes with a diameter of 42 mm and a wall thickness of 2 mm made of corrosion-resistant stainless steel of the martensitic class have high strength and low plastic properties. The products are manufactured in accordance with the client's technical requirements for the quality of the external and internal surfaces.

The production was mastered on the existing equipment without attracting additional investments. The pipes have passed technical acceptance by representatives of the independent inspection of the AR IAC (Aviation Register of the Interstate Aviation Committee).

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 16:15

Shree Ram Group Secures Aircraft Carrier INS Virat for Shipbreaking

AFP reported that Alang based ship scrapyard Shree Ram Group at has secured the aircraft carrier INS Viraat in an auction. Shree Ram Group chairman Mukesh Patel told AFP "Once the ship docks at Alang, it will take us around 9-12 months to dismantle it and then we shall sell it as scrap to recover the cost. We have been approached by two motorcycle makers for using the steel from the warship to build bikes. But nothing has been finalised yet."

The ship entered Britain's Royal Navy in 1959 as the HMS Hermes after being laid down in 1944. She was sold the Indian Navy in 1986 and renamed the INS Viraat before serving another 29 years. Viraat was decommissioned finally in 2017 having sailed more than a million kilometres. After a solemn decommissioning ceremony in Mumbai in 2017 there were plans to turn the ship into a floating museum and hotel, but they fell through.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 16:16

Severstal's Yakovlevsky GOK Tests Ore Drying Complex

Severstal's Yakovlevsky GOK is completing the largest investment project in the company's history - the construction of an ore drying complex. The ceremonial launch of the facility is scheduled for early September. At the moment, the commissioning tests of a new set of equipment are nearing completion. It consists of two drying drums, each 27 meters long and four meters in diameter. Also, the chain will operate two conveyors, two heat generators, an air purification system, a substation with external utilities. The total area of the buildings is 4779.9 square meters.

The design capacity of the complex is drying 500 tons of ore per hour. The equipment is automated as much as possible, six people will work on it per shift.

The drying complex has a powerful filtration system. The exhaust gases are cleaned in cyclones and bag filters, then they enter the smoke exhauster and pipe. Ore residues sent to the filtration system are returned to production. The indicators will comply with environmental standards.

The objects of the drying complex are made of metal from the Severstal company. The steel structures for the project were supplied by Severstal Steel Solutions.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 16:16

NLMK Completes Custom Order for Russian Machine Builders

NLMK Lipetsk and A GRUPP, Russian metal trading company, have developed and delivered the first batch of hot rolled 25X grade heat-resistant and wear-resistant steel sheets to Oka Machine Building Plant in Nizhny Novgorod region as part of a packaged solution. The use of this steel for the production of fast-wearing elements of car bogies undercarriage assemblies increases their service life and reduces machining costs. This new grade required NLMK Lipetsk to develop a new chemical composition of steel, adjust the steel smelting and conditioning process, and finetune the hot rolling mode. Tests confirmed that compared to the steel grade previously used by OMP, NLMK steel is 10% stronger and enables more reliable operation of undercarriage assemblies. Moreover, on-site testing indicated that the proposed steel grade requires lower machining costs.

A GRUPP is one of the largest metal trading companies in Russia. A GRUPP sells pipes and rolled metal, produces metal structures, designs and commissions buildings and industrial facilities. A GRUPP steel centers are located in the Central, North-Western, Volga, Southern, Ural, Siberian and Far Eastern Federal districts, as well as in the Republic of Belarus and the Kyrgyz Republic.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 16:17

GMS Market Commentary on Shipbreaking in Week 34 - Too Much Too Soon

A major correction in Indian steel plate prices by nearly USD 20/LDT this week has led to some jitters in Alang. especially after prices had rocketed up from their lows below USD 300/LDT over the previous months. Many had certainly been suspecting that it was 'too much too scon' (the way prices jumped over recent weeks) and that an inevitable period of either a correction or stability may be seen before perhaps prices push on further in the fourth quarter again. Steel prices have been at the highest point we have seen so far this year across tire subcontinent markets, but external factors such as tire ongoing Coronavirus pandemic (India has once again recorded daily high Covid cases this week) and a steady supply of containers (in particular) and HKC green vessels have resulted in some form of resistance on prices creeping back up towards the USD 400s/LDT mark once again

Pakistan remains fire highest placed recycling destination for yet another week, even though a slowdown in supply of market non-green vessels in recent weeks has seen their progress stall somewhat A majority of the large Capesize bulkers and VLOCs sold during the year so far, have gene to Bangladesh and many local yards still remain stuffed with tonnage, ahead of an anticipated return to form come / during tire fourth quarter of the year.

Finally, after last week's improvement, the Turkish market doesn't seem to have made much movement this week as fundamentals and prices remain steady’ and as die summer holiday’ mood permeates throughout die industry.

On tire sales front however, several sales did manage to register into India, as a slew of HKC vessels were confirmed into Alang for another week at impressive numbers.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 16:18

Steel Production Capacity Utilizaion in US Climbs to 63% in Week 34

AISI announced that in the week ending on August 22, 2020, domestic raw steel production was 1,412,000 net tons while the capability utilization rate was 63.0 percent. Production was 1,841,000 net tons in the week ending August 22, 2019 while the capability utilization then was 79.1 percent. The current week production represents a 23.3 percent decrease from the same period in the previous year. Production for the week ending August 22, 2020 is up 2.5 percent from the previous week ending August 15, 2020 when production was 1,377,000 net tons and the rate of capability utilization was 61.5 percent.

Adjusted year-to-date production through August 22, 2020 was 50,245,000 net tons, at a capability utilization rate of 65.8 percent. That is down 20.3 percent from the 63,076,000 net tons during the same period last year, when the capability utilization rate was 80.7 percent.

Broken down by districts, here's production for the week ending August 22, 2020 in thousands of net tons: North East: 134; Great Lakes: 482; Midwest: 157; Southern: 567 and Western: 72 for a total of 1412.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 16:19

Chinese Steel Girders for Padma Bridge Rail Link Reach Bangladesh

BSS reported that the first batch of steel girder, to be used in the Padma Bridge Rail Link Project, arrived at Chattogram port as the China Railway Group Limited delivered the materials to the construction site. The consignment arrived at Chattogram port during Eid-ul-Azha holidays and the CREC, the contractor of the project, ensured smooth delivery of the materials to the construction site, said a press release today. Considering the stipulated timeline for the completion of the project, this is a major progress as the production of steel beams has been affected by the COVID-19 pandemic followed by massive flooding, it said.

According to CREC, the production and delivery of the steel beams was a big challenge. Due to high water level of Yangtze River and plum-rain season in China, transportation from Jiujiang City of Jiangxi Province to Shanghai Port via waterway became very difficult and risky. However, considering the urgency and deadline, CREC took additional measures at Shanghai Port to ensure smooth shipping of the beams.

The steel girders include 8 steel truss girder bridges, and 53 steel plate girder bridges, which are all manufactured by China Railway Hi-Tech Industry Co. Ltd., and shipped from Shanghai port to Bangladesh for assembling and on-site erection. The transported steel beams will be used for the on-site erection of bridge No 87, 45, 49, 56, 107, 112, and 120.

The 168.6 kilometers project stretches from Dhaka to Jashore. Of the total project length, 16.7 kilometers is elevated railway. The project includes 181 kilometers of ballasted tracks and 32 kilometers of ballastless tracks, 63 large, medium, and small bridges forming a total length of 30.5 kilometers, and 230 culverts of different sizes.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 16:20

Tsukiboshi Shoji to Become a Subsidiary of NST Nihon Teppan Co

Nippon Steel Corporation, Nippon Steel Trading Corporation, NST Nihon Teppan Co Ltd and Tsukiboshi Shoji Co Ltd agreed to transfer part of the Tsukiboshi shares held by NSC to Nihon Teppan, a subsidiary of NSTC and make Tsukiboshi a subsidiary of Nihon Teppan in order to enable the NSC group to further enhance its capabilities to meet the needs of its customers in the area of flat products for construction materials through its supply chain.
Objective of Transferring the Shares and Making Tsukiboshi a Nihon Teppan subsidiary In an effort to enhance its competitiveness and strengthen its supply chain in the area of the Products, the NSC group has implemented measures such as merging Nippon Steel Coated Sheet Corporation and Nippon Steel Nisshin A&C Co Ltd and making Nihon Teppan Co Ltd a subsidiary of Nippon Steel & Sumikin Bussan Corporation.

Now, the steelmaking business faces with major changes, including fluctuations in demand for steel as well as changes in the social and industrial structure. In the area of the Products, while demand is expected to shrink in the med to long term, needs for steel materials such as high-function materials that enable high construction efficiency and earthquake-resistance or durability are anticipated to grow and become even more advanced. In order to continue responding properly to such changes in the years to come, the NSC group needs to further increase and improve its capabilities to offer solutions and timely deliver products based on its current supply chain. For this reason, the four companies decided to make Tsukiboshi, which has a high level of expertise in this area, a subsidiary of Nihon Teppan through the Transfer.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 16:29

BlueScope Steel Adopts Zero Trust Model in Cyber Security Strategy

IT News reported that BlueScope Steel is putting together a new global cyber security strategy that will, among other things, set the company on a path to implementing a zero trust model where users, devices and applications are subject to checks every time they request access to a corporate resource. Chief information security officer Audrey Hanson told a recent Secureworks webinar that the move to zero trust is necessitated by the large scale shift to working from home. He said “One of the big things that we’ve had to deal with is moving to environments that we really have no control over. If people are connecting to our network through the VPN, that's only allowed on BlueScope devices. At this time, we don't allow them to do that on non-corporate devices. In the office, we basically have control over everything: their device, the network, what they access, how they access it. But now, the majority of our staff are working from home on networks that we have no control over, on devices we have no control over.”

Mr Hanson also flagged potential investment in a cloud access security broker, which is used by enterprises to extend security policy to cloud-based applications.

Although not all of BlueScope’s staff could work from home, its manufacturing facilities, for example, required people to be onsite, those that can work from home do, and not all of them use BlueScope-owned devices or the corporate VPN.

BlueScope had reported a cyber incident that affected its manufacturing and sales operations in Australia. The ransomware infection was discovered in one of the company's United States-based businesses.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 16:30

Belarusian Steel Mill BMZ to Make More Metal Cord & Wire in August

BelTA reported that the Belarusian steel mill BMZ is busy increasing the workload of the divisions that make fabricated metal products. The company intends to make and ship to customers about 30,000 tonnes of metal cord and various kinds of wire in August. The projected output is nearly one third above the figure registered in May 2020 when the global steel market demonstrated a massive decrease in demand due to the coronavirus crisis. BMZ's wire manufacturing divisions, in particular, the production of metal cord and bronzed bead wire, were hit hard by consequences of the coronavirus pandemic's impact on the global economy. The demand for these products plummeted after major European tire manufacturers suspended their operations. However, the workload of the hardware manufacturing divisions is steadily increasing now.

In August BMZ also received additional orders for nearly 1,000 tonnes of metal cord and bronzed bead wire from tire manufacturers located in Serbia, Germany, Russia, Romania, Hungary, and Czechia. The BMZ team is now working hard to fulfill these orders.

In January-July 2020 BMZ exported nearly 1.2 million tonnes of metal products to 50 countries across the globe. The top consumers were Russia, Germany, Israel, Lithuania, and Poland.

Source : STRATEGIC RESEARCH INSTITUTE

voda 26 augustus 2020 16:33

Global Crude Steel Production in July 2020 Shrinks by 2.5% YoY

World crude steel production for the 64 countries reporting to the World Steel Association was 152.7 million tonnes in July 2020, a 2.5% decrease compared to July 2019. China produced 93.4 million tonnes of crude steel in July 2020, an increase of 9.1% compared to July 2019. Japan produced 6.0 million tonnes of crude steel in July 2020, down 27.9% on July 2019. South Korea’s steel production for July 2020 was 5.5 million tonnes, down by 8.3% on July 2019.

Voor lijst, zie pdf.

Source : STRATEGIC RESEARCH INSTITUTE

Bijlage:

voda 26 augustus 2020 16:34

Vale & Ningbo Zhoushan Open Shulanghu Grinding Hub

Vale and Ningbo Zhoushan Port Group held a ceremony at NZP Group's headquarters, located in Ningbo in Zhejiang Province, China to celebrate the inauguration of the Shulanghu Grinding Hub. Located in the Shulanghu Ore Transfer Terminal, in Zhoushan City, Zhejiang Province, the Grinding Hub is the first grinding hub of Vale in China, having three production lines and totaling a nominal capacity of 3 million tons per year. The first product to be produced at the Grinding Hub is an innovative product called GF88. The new product is a high-grade ground iron ore fine using Vale's Carajas Fines IOCJ as raw material, which provides an excellent environmental-friendly solution for pellet production and supports steelmaking clients with the challenge of reducing their carbon footprint, part of Vale's scope 3 emissions.

The Grinding Hub is the result of an extensive partnership between Vale and the NZP Group, which dates back to 2016, when the two parties began to cooperate on ore blending for the production of the Brazilian Blend Fines (BRBF). In December 2019, Vale and NZP Group further strengthened their partnership by signing a grinding service contract to launch new ground iron ore products in China.

Source : STRATEGIC RESEARCH INSTITUTE

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