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Tk Schulte offers lifecycle assessment for components
Fri, 19 Aug 2022 00:00:00 GMT
Thyssenkrupp Schulte, part of thyssenkrupp Materials Services, has launched an offer to support customers on their way to greater sustainability. Under the greenability label, Germanys leading distributor in terms of locations has developed two new solutions for analysis and calculation of carbon footprint. For a fee, the greenability carbon tracking variant gives customers full

Northern European wire rod market remains stagnated
Fri, 19 Aug 2022 00:00:00 GMT
Northern European wire rod prices have remained flat again this week due to low demand and higher energy costs in Europe. Summer holidays and traditional maintenance at plants also continue to lead to low demand from steelmakers, a buyer from the Netherlands tellsKallanish. I expect prices to go up in the next 2-3 months,

Italian rebar prices widen upward; Spanish market holds steady
Fri, 19 Aug 2022 00:00:00 GMT
Seasonal steel mill closures resulted in minimal activity in the rebar market in Southern Europe in the week to Wednesday August 17, sources told Fastmarkets.In Italy, local mills had increased their offer prices prior to the August maintenance closures. Buyers, forecasting surges in prices heading into the fourth quarter because of the energy crisis,

Eisen-Fischer invests in bending equipment
Fri, 19 Aug 2022 00:00:00 GMT
German rebar bender and distributor Eisen-Fischer is in the process of finalising a larger investment spree at its site in Diez in the state of Hesse. Eisen-Fischer Group consists of 13 locations, most of them for sanitary, construction and D-I-Y products, with three sites specialising in steel distribution. A couple of years ago, the

Australian miners welcome proposed reform to ensure economical ...
Fri, 19 Aug 2022 00:00:00 GMT
The Australian mining industry welcomed on 18 Augustthe federal governmentsproposed safeguard mechanism reform to help industry to reduce xxx The government is consulting on options to reform the safeguard mechanism to deliver Australias target to become net-zero in 2050. The consultation closes on 20 September. The idea is to strengthen the countrys competitiveness in

Ukraine: Metinvest provides army with module shelters
Thu, 18 Aug 2022 09:41:16 GMT
Metinvest has developed module shelters for the military intended to strengthen trenches. To produce special structures with the size of 2×6 meters, the group has readjusted equipment and bought special steel and rolls. The shelters are made in such a way as to transport them to the front line in disassembled form and assemble

Alloy Verification in Metal Fabrication: From Handheld to In ...
Wed, 17 Aug 2022 14:11:00 GMT
The need for 100% measurements and alloy verification is essential for quality assurance and quality control (QA/QC) procedures in metal manufacturing. The aerospace, power generation, petrochemical, and other critical industries have QA procedures that must be adhered to throughout the supply

Swiss Steel Q2 sales volume falls 12% on year, revenue rises ...
Wed, 17 Aug 2022 00:00:00 GMT
Swiss manufacturer of tool steel and non-corrosive long rolled steel Swiss Steel reported a 12% year on year decrease in sales volumes over April-June, but revenues grew sharply thanks to achieved prices being 50% more than in the same quarter last year. Swiss Steel sold 11.8% less steel 457,000 mt in the

European flat steel distributor shipments fall in Jan-Jun 2022
Wed, 17 Aug 2022 00:00:00 GMT
European distributors of flat steel products reported marginally lower year-on-year shipments for January-June 2022, the regional steel industry association EUROMETAL said on Tuesday August 15.In the first six months of 2022, flat steel shipments in the EU fell by 1.1% year on year. Eurometals stock index for flat steel service centers in the EU

Quadrilateral MOU signed to promote new technologies in mining ...
Tue, 16 Aug 2022 13:04:01 GMT
TEHRAN - Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has signed a quadrilateral memorandum of understanding (MOU) with three government entities to develop smart technologies in the mining sector, IRNA

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Regional Industry Developments

Africa Announcements

Guinea halts Simandou iron ore project work again
Tue, 05 Jul 2022 00:00:00 GMT
Guineas mines minister has ordered all work related to the Simandou iron ore mine project halted after the two companies involved missed an extended deadline to agree on a joint venture, a letter seen by Reuters - showed on Monday. Rio Tinto RIO.L and Chinese-backed consortium Winning Consortium Simandou (WCS) had showed a lack of willingness to work on a partnership, Mines Minister Moussa Magassouba said in the letter, which was dated July 3. Despite the significan't concessions the

Be bold in your digital transformation: C4L and LCL conference
Thu, 16 Jun 2022 00:00:00 GMT
EUROMETAL participated in the conference Digitalising logistics and supply chains to reinforce resilience of the Cluster for Logistics and the Luxembourg Centre for Logistics and Supply Chain Management that took a good look at innovation and what to take into consideration when planning new projects. The Masters of ceremony, Malik Zeniti, C4L Director, and

Ukraine: UGOK output down in April 2022
Tue, 03 May 2022 09:57:51 GMT
In April, Yuzhniy Mining and Processing Works decreased iron ore concentrate production by 22.9% MoM, to 316.9 thousand tons. In April 2021, output totaled 1.03 million tons. Some concentrate was shipped to Zaporizhstal. There are no opportunities to ship raw materials to Asia and North Africa. In January-April, UGOK produced 3.1 million tons of

North America Media Releases

Algoma Steel Reports Coke Conveyor Fire
Wed, 10 Aug 2022 00:00:00 GMT
A fire broke out Aug. 7 on one of Algoma Steel Group Inc.s coal conveyors, which supplies coal to two of its three coke

Iron ore futures retreat as China demand woes back in focus
Wed, 10 Aug 2022 00:00:00 GMT
Dalian and Singapore iron ore futures fell on Tuesday as traders weighed fresh COVID-19 flare-ups in China and weak steel demand, particularly from the countrys ailing property sector. The most-traded iron ore, for delivery in January next year, on Chinas Dalian Commodity Exchange DCIOcv1 was down 1% at 726 yuan ($107.53) a tonne, as of 0629 GMT. It hit its highest since Aug. 1 at 755 yuan earlier in the session. On the Singapore Exchange, the steelmaking ingredients front-month September

Altex Tube to open manufacturing plant in Mississippi
Wed, 27 Jul 2022 13:25:00 GMT
Altex Tube LLC is locating a new manufacturing plant in Columbus, Miss., on the Steel Dynamics campus.

Middle East Industry Headlines

Quadrilateral MOU signed to promote new technologies in mining ...
Tue, 16 Aug 2022 13:04:01 GMT
TEHRAN - Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has signed a quadrilateral memorandum of understanding (MOU) with three government entities to develop smart technologies in the mining sector, IRNA

EU imposes Russia, Turkey coated flats anti-dumping duties
Tue, 16 Aug 2022 00:00:00 GMT
The European Commission has imposed a definitive anti-dumping duty on imports of various coated flat steel from Russia and Turkey.The collection of these duties is however suspended during the period of EU safeguard measure xxx This follows the conclusion of an investigation initiated in June 2021 and decision not to impose preliminary measures in

EU, Turkey agree deadline for safeguard adjustment
Fri, 12 Aug 2022 00:00:00 GMT
The EU and Turkey have agreed that 16 January 2023 is the deadline for the reasonable period of time for the EU to implement the recent WTO recommendation to adjust its steel safeguard measure. In May, the WTOs Dispute Settlement Body recommended the EU should bring its definitive safeguard measure into conformity with the

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