Industry News: Steel Production

Steel consumption falls in Latin America facing the pandemic
Thu, 09 Apr 2020 06:32:00 GMT
At 3.4 Mt, rolled steel production was 2% lower than the result seen in February last year. In the accumulated result, the three main producing countries in the region presented decreases: Mexico (-15


Steel Consumption Falls in Latin America
Thu, 09 Apr 2020 02:32:00 GMT
At 3.4 million tonnes, rolled steel production was 2% lower than the result seen in February last year. The three countries that are the main producers reflect decreases in the accumulated


Smooth restart signals steel Q2 demand rebound
Tue, 07 Apr 2020 14:30:00 GMT
An employee works at the production line of a steel company in Tangshan, Hebei province, on Feb 24. Photo/Xinhua Despite the severe hit seen by the COVID-19 outbreak, the Chinese steel sector is


AM/NS India announces Rs 100-cr support package to fight Covid-19
Wed, 01 Apr 2020 00:00:00 GMT
AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, and HMEL, a partnership between Hindustan Petroleum and Mittal Energy Investments, have announced a Rs 100-crore support package to strengthen India's capacity to protect families and communities impacted by


SEAISI Press Release
Wed, 01 Apr 2020 00:00:00 GMT
ArcelorMittal trims production on country-by-country basis, postpones AGM


Global Demand Woes Laid Bare as China Struggles to Export Steel
Tue, 31 Mar 2020 00:51:00 GMT
Although its steel exports have dropped since swamping the world with excess supply in 2015, they remain substantial. Last years 64 million tons top annual output in Gemany, Brazil or


Ao Brasil expects Brazil steel use to fall in April
Mon, 30 Mar 2020 08:49:00 GMT
AK Steel to idle Dearborn Works ; Breaker: USS to idle BFs, cut capital spend ; HRC nears $27/cwt despite mill output cuts ; Secondary Al alloy output hit by auto pause ;


Stainless steel production soars in China in 2019
Wed, 25 Mar 2020 06:08:00 GMT
An ISSF others category that includes Brazil, Russia and South Africa saw output fall by 2.0 percent. By volume, the 24.9 million metric tons of stainless steel produced in China in 2019 represented


ArcelorMittal Italia to temporarily reduce steel production at ...
Wed, 18 Mar 2020 00:00:00 GMT
ArcelorMittal Italia, the largest Italian flat steel producer, has reached agreement with its employee unions to temporarily reduce output at its Taranto site in the south of the country, with around 50% of its workforce set to stay at home in response to stringent government measures to contain the coronavirus outbreak, sources close to


ArcelorMittal Italia to reduce output in Taranto: Unions
Wed, 18 Mar 2020 00:00:00 GMT
ArcelorMittal Italia is reducing production volumes at its main steelworks in Taranto,Kallanishlearns from trade unions at the site. Steel shop number 1 and blast furnace no. 2 will be idled together this week with the plate mill and strip mill no. 1. The company will implement temporary layoffs for half of the workers for


Record stashes of steel fill China's mills as factories stall
Wed, 04 Mar 2020 10:53:00 GMT
Adjusting steel production also is difficult. We will cut back on production but cannot decide how much because many customers remain closed, said an official at Chinese steelmaker Hunan Valin


BHP banks on future-facing commodities
Tue, 18 Feb 2020 14:59:00 GMT
BHP is also on track to achieve production guidance for the 2020 financial year at Western Australia Iron Ore (WAIO) and Queensland Coal despite weather impacts this ... to the people affected by the


Brazil struggles may prolong Australias iron ore boom
Mon, 27 Jan 2020 00:00:00 GMT
Australian miners and Treasury boffins could be enjoying strong iron ore prices for longer than expected, amid growing signals that Brazilian miner Vale has made a weak start to the year. Vale said last year that it would make a slow start to 2020, shipping 70 million to 75 million tonnes in the three months to March 31 before accelerating to produce between 340 million and 355 million tonnes in the year. But sources with access to Brazilian port data suggest Vales output has been weaker


Official: Iran to Export 10mln Tons of Steel by Yearend
Thu, 23 Jan 2020 04:09:00 GMT
A major global producer and exporter of steel, Iran has sought to increase output despite economic woes that have affected downstream sections of the industry. IMIDRO announced in September that


SEAISI Press Release
Tue, 14 Jan 2020 00:00:00 GMT
Alarm bells in Beijing as steel production reaches all-time high


METALS-Shanghai aluminum slips to 2-week low; nickel dives
Thu, 02 Jan 2020 20:34:00 GMT
ALUMINIUM: Chinese supply, meanwhile, continues to rise, with Henan Shenhuo Group putting its new smelter in Yunnan into production ... NICKEL: The metal used to make stainless steel briefly crashed 3


Brazilian Steel Sees 2020 As Turning Point For Demand
Mon, 30 Dec 2019 10:55:00 GMT
A possible positive surprise could come from higher production volumes in the auto industry. The construction industry responsible for 34% of steel consumption in Brazil was hit by a strong


Irans Mining Exports Rising YOY
Wed, 25 Dec 2019 06:06:00 GMT
According to the Islamic Republic's Vision Plan, the country's total steel production capacity is to hit 55 million tons a year by 2025, with exports figure expected to reach 10-15 million


Irans Mining Exports Rising YOY
Wed, 25 Dec 2019 06:06:00 GMT
According to IMIDRO, mining sector accounted for 16 percent ... Irans ministry of industry issued a report showing that production of crude steel, including blooms, billets, and slabs, had


MMK's Industrial Park will get new plant
Wed, 13 Nov 2019 00:00:00 GMT
A plant for the production of high-strength steel wire products will be built in the MMK Industrial Park.


Number of news reports: 20