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Sidenor buys scrap supplier Aguilar Metal Recycling
Wed, 27 Apr 2022 00:00:00 GMT
Spanish special steelmaker Sidenor has acquired Aguilar Metal Recycling (AMR), a Valencian company specialising in industrial xxx The deal will ensure Sidenors supply of quality raw materials and boost its technological and industrial capacity in metal waste treatment. This acquisition contributes to the consolidation of the sector, in which the supply security of a

Danish mill Dansteel expands range of structural steel plates: ...
Thu, 17 Feb 2022 00:00:00 GMT
Danish plate mill Dansteel, part of Russian mining and steel group NLMK, has expanded its range of weather-resistant steel plates for bridge construction, with 30% stronger grades. NLMK said Feb. 16 that Dansteel has added 10 structural steel grades with a tensile strength of up to 460 MPa and up to 100mm thicknesses. Previously,

NLMK ramps up 2021 output but cuts sales
Fri, 21 Jan 2022 00:00:00 GMT
In 2021 NLMK increased output of crude steel by 10% on-year to 17.4 million tonnes. However, consolidated sales fell 4% to 16.8mt amid a renewal of slab sales to NLMK USAand lower commercial pig iron sales resulting from higher steel production, NLMK says in a statement sent toKallanish. Steel output increased on the back

US formalises EU quota arrangement
Wed, 29 Dec 2021 00:00:00 GMT
US President Joe Biden has made a presidential proclamation formalising the tariff-rate quota agreement on steel imports from the European Union. Through the end of 2023, 3.3 million tonnes of steel products will be allowed to enter the US from the EU tariff-free. Any shipments above this quantity will be subject to the 232

NLMK launches automated warehouse complex
Fri, 24 Dec 2021 00:00:00 GMT
NLMK Lipetsk has commissioned a 10,000 m2 automated warehouse complex as part of its efforts to boost the efficiency of its production processes. The complex will enable 24/7 supply of spare parts, components, and consumables to repair shops, reducing internal order completion time by a factor of four. The complex is equipped with software based on the SAP Extended Warehouse Management system (SAP EWM). Using its built-in algorithms, the solution calculates the optimal placement of materials

NLMK embarks on overhaul of reheating furnace at hot strip mill
Mon, 29 Nov 2021 00:00:00 GMT
NLMK Lipetsk has begun an overhaul of its reheating furnace used for heating up steel slabs prior to rolling at Mill 2000. The upgrade will increase hot-rolled steel output at NLMK Lipetsk by 430,000 tonnes per year (+7%), improve product quality, halve energy consumption, and reduce greenhouse gas (CO2) emissions by 53,000 tonnes. The unit will be overhauled without interrupting production operations or stopping the mill. The new furnace will be equipped with an automated control system

Europe should temporarily suspend steel tariffs to help industry ...
Sun, 19 Sep 2021 00:00:00 GMT
Europe should temporarily suspend its tariffs on imported steel to head off shortages and avoid harmful effects on industry, Italian Industry Minister Giancarlo Giorgetti said on Friday. Asked if Rome planned to intervene in the 25% tariff scheme, Giorgetti said that Europe had prioritised the interests of the steelmakers during the health pandemic without realising this could have serious knock-on effects on supply. The situation is unsustainable this measure should be temporarily

NLMK continues repairs at one of steelmaking shops
Mon, 16 Aug 2021 00:00:00 GMT
Operation has been suspended at NLMK Lipetsk BOF Shop No. 2 to enable additional works on facilities that supply oxygen to the

Iron-ore prices starting to weaken, mine supply rising Fitch ...
Fri, 13 Aug 2021 00:00:00 GMT
The iron-ore price rally is finally starting to show signs of weakening, which will continue into coming months, says research agency Fitch Solutions. The agency explains that demand strength from Chinese steel producers witnessed in the first half of the year is stabilising as stimulus-related construction projects reach completion and the pipeline of new projects tapers off, setting iron-ore up for a multi-year downtrend in pricing from here on out. Fitch Solutions says the price of

Russias NLMK boosts net profit jump as steel prices rise
Fri, 23 Jul 2021 00:00:00 GMT
Russian steel producer NLMK on Thursday posted a jump in second-quarter net profit to $1.4 billion from $77 million a year earlier helped by rebounding demand and higher prices. NLMKs earnings before interest, taxation, depreciation and amortisation (EBITDA) rose to $2.1 billion from $582 million on revenue up 90% to $4.1 billion, it said. Steel prices rose across all of NLMKs key markets, reaching new highs in the United States and the European Union, Chief Financial Officer Shamil

NLMK Board of Directors approves new composition of Management ...
Thu, 22 Jul 2021 00:00:00 GMT
At a meeting held on 22 July 2021, the Board of Directors of NLMK Group approved the new composition of the Groups Management

NLMK Group to reduce dusting at Stoilensky tailings dam by 70%
Mon, 19 Jul 2021 00:00:00 GMT
Stoilensky Mining and Beneficiation Plant, an NLMK Group company, is currently implementing a project that will enable a dramatic reduction in dust formation at the tailings dam dry beaches, where empty rock is stored after ore

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