Steel industry production news.

Steelonthenet.com logo

Steel Production News


MMK launches dynamic technology risk management system
investment mmk steel
Mon, 18 Mar 2024 00:00:00 GMT
Magnitogorsk Iron and Steel Works (MMK) has launched a new system that makes dynamic adjustments to the production process in a move aimed at lowering the rejection rate and reducing the risk of human error. The system relies on adaptive technology and quality management, predictive analytics and big data analysis to detect transient behaviour and process upsets. If the risk of obtaining non-conforming products increases, the system notifies the relevant personnel, automatically generates a
http://www.metalinfo.ru/en/news/159080


Financial support for Poland from the EU could revive the Central ...
poland production steel
Wed, 13 Mar 2024 19:38:02 GMT
The Eastern European country's steel industry could benefit from increased production activity if the Polish government manages to secure nearly
https://metallurgprom.org/en/main/14795-finansovaja-podderzhka-polshi-ot-es-mozhet-ozhivit-centralno-evropejskij-rynok-stali.html


Volatility in steel prices likely to continue
market steel usa
Wed, 13 Mar 2024 07:00:00 GMT
The magnitude of the volatility of hot-rolled coil is unique to the U.S. steelmaking industry. In the long term, thats not likely to
https://www.thefabricator.com/thefabricator/blog/metalsmaterials/volatility-in-steel-prices-likely-to-continue


Ukraine: state coal output up in February 2024
coal production ukraine
Tue, 12 Mar 2024 00:00:00 GMT
Despite the war with Russia, state mines continue increasing output. Thus, while in January coal output totaled 178 thousand tons, in February it grew by 8.2%, to 194 thousand tons. According to the Ministry of Energy, in the beginning of the full-scale Russian invasion in March 2022 coal output was 173 thousand per month
https://metalukraine.com/2024/03/12/ukraine-state-coal-output-up-in-february-2024.html


Ukraine: steel output to grow in 2024
production steel ukraine
Mon, 11 Mar 2024 00:00:00 GMT
In 2024, Ukraine could increase steel manufacture to 7-8 million tons from 6.2 million tons in 2023, experts say. According to Denis Sakva, Dragon Capital senior analyst, at present the remaining Ukrainian enterprises can produce 11-12 million tons of steel per year. Thus, the last year output of 6.3 million tons is slightly higher
https://metalukraine.com/2024/03/11/ukraine-steel-output-to-grow-in-2024.html


Iron ore climbs on renewed hopes of more China stimulus, pick-up ...
iron ore market singapore
Fri, 08 Mar 2024 00:00:00 GMT
Iron ore futures rose on Thursday after comments from officials in top consumer China revived hopes for more stimulus measures, although weak fundamentals limited price upside room for the key steelmaking ingredient. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade1.83%higher at 890 yuan ($123.64) a metric ton. The benchmark April iron ore SZZFJ4 on the Singapore Exchange was 0.88% higher at $116.3 a ton, as of 0711 GMT. The head of
https://www.hellenicshippingnews.com/iron-ore-climbs-on-renewed-hopes-of-more-china-stimulus-pick-up-in-demand/


Hyundai Steel to Resume Steel Manufacturing Activities in Russia
hyundai production russia steel
Thu, 07 Mar 2024 12:42:00 GMT
South Korea's Hyundai Steel Co. is poised to recommence steel production operations in Russia, marking a return after a hiatus
https://www.chemanalyst.com/NewsAndDeals/NewsDetails/hyundai-steel-to-resume-steel-manufacturing-activities-in-russia-25736


FG Initiates Ajaokuta Steel Complex For Military Hardware Production
ajaokuta nigeria production steel
Thu, 07 Mar 2024 00:00:00 GMT
Ministries to Sign MOU The Federal Government is set to commence the production of military hardware at the Ajaokuta Steel Complex, with the ministries
https://sciencenigeria.com/fg-initiates-ajaokuta-steel-complex-for-military-hardware-production/


Turkish Tatcelik to start new galvanized line in June
steel turkey
Thu, 07 Mar 2024 00:00:00 GMT
Turkish flat steel producer Tatcelik will increase its galvanized steel capacity with the...
https://eurometal.net/turkish-tatcelik-to-start-new-galvanized-line-in-june/


Duferco to produce green hydrogen at Sicilian plant
duferco ghg italy steel
Thu, 07 Mar 2024 00:00:00 GMT
Italian sections producer Duferco is investing in hydrogen to decarbonise the steelmaking process at...
https://eurometal.net/duferco-to-produce-green-hydrogen-at-sicilian-plant/


Number of media reports: 10
Subscribers get access to full set of metal news releases (up to 20 reports).
Click here to subscribe.


Copyright © 2001 - 2024 Steelonthenet.com. All rights reserved.
World iron and steelmaking production news.