World Steel News
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Hexagon Manufacturing Intelligence Production Software ...Tue, 28 Jan 2020 12:00:00 GMT
The Hexagon Manufacturing Intelligence Production Software Business has hired two account managers in support of its metal cutting software. Brian Basiliere and Kyle Inman will provide support and facilitate services for new and existing customers of the Production Software...
Please subscribe for full accessIndias crude steel production went up by 1.8 per cent ...Tue, 28 Jan 2020 02:41:00 GMT
Annual crude steel production for South America was 41.2 mt in 2019, a decrease of 8.4 per cent on 2018. Brazil produced 32.2 mt in 2019, down by 9.0 per cent compared to 2018. Turkeys...
Please subscribe for full accessTurkeys Cengiz ready to bid for British Steel if Chinese ...Tue, 28 Jan 2020 00:00:00 GMT
Turkish conglomerate Cengiz Holding said on Sunday it was ready to bid for British Steel if a sale to Chinas Jingye Group (600768.SS) fell through. British Steel is an important asset and we are watching developments closely and are ready to make a bid for the whole of British Steel, Cengiz Holding CEO Omer Mafa said in a statement. Jingye Group announced a provisional deal to buy British Steel in November, agreeing to pay around 50 million pounds ($66 million), sources said at...
Please subscribe for full accessMill 5000 sets annual production recordTue, 28 Jan 2020 00:00:00 GMT
In 2019, 1168.4 thousand tonnes of hot-rolled steel were produced at the thick-sheet Mill 5000 of the Magnitogorsk Iron and Steel Works (MMK). This is the highest annual production rate since the...
Please subscribe for full accessGlobal crude steel output increases by 3.4% in 2019Tue, 28 Jan 2020 00:00:00 GMT
Global crude steel production reached 1,869.9 million tonnes (Mt) for the year 2019, up by 3.4% compared to 2018. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. Asia produced 1,341.6 Mt of crude steel in 2019, an increase of 5.7% compared to 2018. Chinas crude steel production in 2019 reached 996.3 Mt, up by 8.3% on 2018. Chinas share of global crude steel production increased from 50.9% in 2018 to 53.3% in 2019. Indias crude...
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