SHS Group, the holding for Saarland mills Dillinger Hüttenwerke and Saarstahl, has entered into a long-term cooperation with e-commerce platform Metalshub. Since the beginning of the year, SHS has concluded…
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Weekly US steel mill capability utilization increases to 76.9%
US raw steel capability utilization reached an eleven-month high last week, according to data released by the American Iron and Steel Institute on Feb. 15. Read more at WEEKLY US STEEL…
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Ore lifts Rio Tinto earnings, market remains tight
The tight iron ore concentrate and pellet market is expected to continue into 2021 as more steel producers requiring high-grade, low impurity pellets increase production and global supply constraints persist,…
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LKAB plans to produce a million tonnes of crude ore in Mertainen
LKAB’s plan is to reopen the Mertainen mine, outside of Svappavaara, to produce more iron ore. The intention is to resume mine operation in the autumn and build up a…
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New managing director at Hertwich Engineering GmbH
On October 1, 2020, Gerold Keune (Dipl.-Ing.) joined Hertwich Engineering GmbH, a company of SMS group, based in Braunau am Inn, Austria, as the new managing director and head of…
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Schnitzer recognized for leadership in sustainability
Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), one of North America’s largest manufacturers and exporters of recycled metal products, today announced that it has been named a 2021 Sustainability Yearbook Member and…
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Metalloinvest increases output of Blast Furnace #2 at Ural Steel to meet target performance
Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, is increasing the output at its upgraded Blast Furnace #2…
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CIS billet slides on sale, aligns with scrap
The lull in Black Sea billet market trade has been disturbed by just one sale this week, at a price slightly lower than offers, but for a large volume. Read…
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Chip shortage-induced automotive disruption hits scrap procurement: sources
The automotive industry is experiencing production disruptions because of semiconductor supply issues, which is having a knock-on effect on scrap supply, German scrap market participants tell Kallanish. Read more at CHIP…
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Steel futures climb sharply as raw materials firm
Due to support from rising raw materials prices, Chinese hot rolled coil and rebar futures rose rapidly in a volatile market on Wednesday. More producers are meanwhile scheduling maintenance to…
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