Ternium recorded net losses of $743 million in Q2 The giant steel producer of Latin America, Ternium announced double-digit increases in sales volume and value in the second quarter of the year. However, it reported net losses of $743 million, a figu...
Russia's MMK implements largest project in its history to cut dust emissions Russian steelmaker MMK Group has announced that its group company Shlakservis LLC has invested about RUB 3 billion ($34.68 million) to build a waterless cooling system for blast furnace slag aimed at ...
German gas pipeline operators seek to join hydrogen network Germany's Federal Network Agency (BNetzA) has announced that domestic long-distance gas pipeline operators have applied to join the Germany-wide hydrogen core network which is planned to be constructe...
Steel traders in China try to delay implementation of new rebar standards On June 25, China announced the mandatory standards for rebar which will replace the voluntary guidelines in place from 2018. However, industry players said they have been given too little time to red...
Vietnam launches anti-dumping investigation against HRC from China and India In particular, it will apply to hot-rolled coils with a thickness of 1.2-25.4 mm and a width of no more than 1880 mm The Ministry of Industry and Trade of Vietnam has launched an anti-dumping investi...
UK traders propose to remove hot-rolled coil from safeguard measures – Argus Tata Steel will not manufacture these products for sale in the country Cold rolled coil (CRC) is to be exempted from UK steel safeguards as Tata Steel will not produce the material for foreign sale. ...
Interpipe mastered more than 200 types of pipe products during the Great War By developing the range of products, Interpipe Nico Tube is trying to achieve pre-war production indicators Ukrainian industrial company Interpipe has mastered the production of more than 200 new typ...
Rising demand and export trends fueling HRC import growth According to data from the General Department of Vietnam Customs, Vietnam imported 886,000 tons of hot-rolled coil in June alone, which is 151 per cent of domestic production, with those from China ma...
US Steel, Molten Industries and CPFD Software to collaborate on carbon emissions reduction US-based companies CPFD Software, methane pyrolysis technology developer Molten Industries and steelmaker United States Steel Corporation (US Steel) will collaborate to build a system aimed at elimina...
Baosteel to acquire BNA, ending 20-year cooperation with Nippon Steel Major Chinese steelmaker Baosteel plans to acquire Baosteel-Nippon Steel Automotive Steel Sheets Co., Ltd. (BNA), ending a 20- year cooperative operation with Japanese steel producer Nippon Steel. On ...
Italian steel industry embraces nuclear energy with new agreement EDF (Électricité de France), Edison, Ansaldo Energia, Ansaldo Nucleare, and the Italian steel federation Federacciai have signed a memorandum of understanding to promote the use of nuclear energy in t...
Growth in Chinese exports leads to a drop in global steel prices China's growing manufacturing capacity threatens emerging economies The growth of Chinese exports is leading to a drop in global steel prices, and overproduction in China continues. This is reported...
