In December 2020, after a successful commissioning phase that proved the line’s efficiency, Nucor Steel Gallatin granted SMS group the final acceptance certificate (FAC) for the new “heat-to-coat” pickling and…
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Jiangsu Shagang Group (Huaigang) orders modernization from SMS Concast for their six-strand billet caster to enter production of high quality steel
Huaigang Special Steel, a subsidiary of Jiangsu Shagang Group based in Zhangjiagang, China, has awarded SMS Concast, a company of SMS group, an order for the modernization of their existing…
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As scrap costs fall, what’s next for EU longs prices?
A shift in conditions has taken place over the past few months in the global scrap market. A sudden change in the supply/demand balance resulted in scrap values escalating, between…
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Contura Energy announces upcoming name change to Alpha Metallurgical Resources, Inc.
Contura Energy, Inc. (NYSE: CTRA), a leading U.S. supplier of metallurgical products for the steel industry, announced that it will change its name, effective February 1, 2021, to Alpha Metallurgical…
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Indian scrap imports continue rebound
Indian scrap imports rose 3% on-year in November 2020 to 512,284 tonnes, Kallanish notes from Indian commerce ministry provisional data. This was their second consecutive month of growth following four…
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Yancheng Xinxing applies for pipe project approval
Yancheng Xinxing Stainless Pipe Technology Company has submitted the environmental impact report for its precision steel pipe project to Chinese authorities, and is awaiting final approval, Kallanish notes. Read more…
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India makes final ruling of second AD sunset review on stainless steel cold-rolled flat products from 6 countries & EU
The Indian Ministry of Commerce and Industry announced on January 20, 2021 that it has made the final ruling of the second anti-dumping (AD) sunset review on cold-rolled flat products…
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New Danieli reheating furnace in operation at JSW Toranagallu
Danieli Centro Combustion India completed the scheduled start-up of the new, 220-tph walking-beam reheating furnace at wirerod mill #2 of JSW’s Toranagallu site in India. Read more at NEW DANIELI REHEATING…
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Spain’s Sidenor expands capacity as activity picks up
Spanish-headquartered steelmaker and special steels supplier Sidenor is expanding capacity and range at one of its mills. The company has confirmed its current order book secures an 85-90% capacity utilisation…
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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, market participants told S&P Global Platts the week ended Jan. 20….
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