On March 19, 2020, SMS group successfully commissioned the new copper cold rolling mill of the Chinese copper manufacturer Jintian Ningbo Copper Co., Ltd. in the province of Jiangsu. Read…
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Long products prices slide in East Asia
Suppliers have reduced offer prices in a bid to secure import deals for long products in East Asia, market participants say. Buying interest has about evaporated as regional economic activity has slowed…
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Long steel producer Feralpi acquires rod processor from Duferco
The European antitrust authority has given the green light to long steel producer Feralpi buying a 50% stake in Caleotto, a special wire rod re-roller producer based in Lecco, Italy,…
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ArcelorMittal further reduces output in France: Unions
Unions at ArcelorMittal’s integrated flat steelmaking site of Fos-sur-Mer, southern France, report that the company is planning to further reduce output in the short term. Read more at ARCELORMITTAL FURTHER REDUCES…
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Metinvest’s Italian production halt may be extended
Production volumes during the shutdown of Ferriera Valsider and Metinvest Trametal, both part of the Metinvest group, are forecast to decrease to 40,000 tonnes. Read more at METINVEST’S ITALIAN PRODUCTION HALT…
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Primetals Technologies introduces wear-resistant copper staves for long-life blast furnace operation
For blast furnace operators, Primetals Technologies now offers a new type of wear-resistant copper stave. Superior burden material retention between innovative, pocket-type hexagonal inserts offers prolonged campaign lifetime by significantly…
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NLMK Group opens R&D centre for product innovation
NLMK Group, a global steel company, has opened a laboratory centre in Lipetsk for microstructure analysis, which will analyse the properties of steel to develop new premium products and optimize…
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Canada makes final ruling of third AD & CVD sunset review on China’s carbon steel fasteners
It was reported that on March 26th, 2020, the Canadian Border Services Agency (CBSA) made a final ruling of the third anti-dumping and countervailing sunset review on carbon steel fasteners…
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Scrap weakens as Italy extends industry lockdown
Italy has extended its Covid-19 lockdown to 13 April, after the Easter holiday, with the entire steel value chain remaining inactive and few transactions taking place. Scrap merchants remain closed…
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US defers tariff collection for 90 days
The US has opted to defer collection of tariffs from countries with “…most favoured nation” status for 90 days. The US’ stable of most favoured nations, a legally defined term,…
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