Global crude steel production reduces in 2020
According to statistics, global crude steel production amounted to around 1.83 billion tons in 2020, dropping by 1% compared to the previous year. The reduction was mainly due to a production cut in China and lower production capacity in various countries caused by the COVID-19 epidemic. In December 2020, global crude steel output had a […]
German crude steel production increases in Dec 2020
According to statistics, German crude steel output in December 2020 was 3.14 million tons, an increase of 10.7% from 2.84 million tons in the same period in 2019. This was also the third consecutive month of growth. In terms of sheet products, German sheet output in December was nearly 2.4 million tons, an increase of 10.3% […]
ArcelorMittal Italia restarts No. 2 blast furnace at Taranto
According to the reports, ArcelorMittal Italia restarted the No. 2 blast furnace of the Taranto plant on January 26, and it also restarted the No. 1 smelter this week. This could increase crude steel production to 5 million tons in 2021. Due to the COVID-19 epidemic, the steel demand decreased significantly last year. The No. […]
Voestalpine’s Donawitz plant resumes second blast furnace
Austrian steel manufacturer Voestalpine announced that in order to meet current orders, its Donawitz plant has restarted the second blast furnace, which can produce approximately 750,000 tons of pig iron per year. Voestalpine stated that the total production capacity of the Donawitz plant is approximately 1.5 million tons per year. When its five blast furnaces […]
2021: Previziuni intr-un an complicat pentru industria siderurgica
Cu asa o creștere accentuată a prețurilor sustinuta de producatori , industria siderurgică a UE este pregătită pentru un crash în stilul anului 2008? După o creștere rapidă a prețurilor interne ale oțelului în întreaga Europă în a doua jumătate a anului 2020, sursele pieței și-au exprimat îngrijorarea că situația repeta scenariul din 2008 , […]
Costurile produselor cresc din cauza ofertei reduse de transport containerizat
Epidemia COVID-19 a afectat negativ cererea consumatorilor la nivel mondial in prima parte a anului 2020, în timp ce cererea revenind a provocat o penurie gravă de containere, ceea ce a dus la o creștere a costurilor de transport. Oferta spot a rutei Asia-Europa de Nord a crescut cu 264% în decembrie 2020 comparativ cu […]
Italian crude steel production decreases in 2020
According to the Italian steelmakers association Federacciai, Italy produced approximately 20.3 million tons of crude steel in 2020, decreasing by 12.2% from 2019. During the period, the output of steel plates slid by 16.2% year on year to about 9.4 million tons, and that of long products dropped by 9.5% year on year to around […]
Salzgitter Group sign contract to supply welded pipe and pipe in Qatar
Salzgitter Group has been awarded a major supply contract for approximately 160,000 tons of longitudinally welded pipe and pipe bends for a major pipeline project in Qatar. The order was signed with the trading subsidiary Salzgitter Mannesmann International GmbH. The steel pipes will be produced by Salzgitter and AG der Dillinger Huettenwerke’s Muelheim joint venture […]
Covid-19 causes Ukrainian steel consumption to fall, prices to rise
That compared to last year, the market for hot-rolled sheets and rebar, decreased by about 5-10%. Mostly – due to the Covid-19 pandemic. Many companies have cut back on their production programs and have frozen their current projects. Over the past few months, prices for hot-rolled sheets and rebar have shown significant growth, which is […]
EU steel sections prices hold at 12-year high, mills target further hikes
European steel mills are expected to push for further medium sections increases in the near-term, amid strong order books. Platts European medium sections price (category 1, S235 JR) was assessed at Eur735/mt delivered Jan. 20, stable on week. Mills are moving end-user price up in steps. Market sources cited shredded scrap prices for Southern European […]