Tata Steel Europe is eyeing a refractory reline of one of the two blast furnaces at its IJmuiden works (Tata Steel Netherlands) in 2022, a source close to the company told MetalMiner. He declined to say either which of IJmuiden’s two furnaces – BF 6 or BF 7 – would undergo a refractory reline or […]
Christopher Rivituso
Salzgitter-Flachstahl and Anglo American to cooperate on decarbonizing steel operations
German flats producer Salzgitter-Flachstahl, part of the Salzgitter group, and Anglo American have signed a memorandum of understanding (MoU) to cooperate on decarbonizing steel production, the London-headquartered company announced. The work will include methods to reduce carbon emissions by researching iron ore pellets and lump ores that would be suitable for use in direct reduction […]
ArcelorMittal announces $1.4B investment to slash carbon emissions at Ontario plant
ArcelorMittal plans to invest C$1.77 billion ($1.42 billion) into installation of new technology at its Dofasco plant in Ontario. The investments will cut carbon emissions by 60%, or 3 million metric tons, over the next seven years, the steelmaker said. With volatile steel markets, knowing which strategy to execute and when can make all the […]
Tata Steel to raise carbon surcharge on new contracts beginning Sept. 1
Tata Steel Europe (TSE) plans to raise from Sept. 1 its carbon surcharge on new contracts concluded for flat rolled steel products, an official with the company said. “The surcharge is in line with the [European Union’s] Emissions Trading Scheme” for carbon regulation, the official told MetalMiner late last week. You want more MetalMiner on […]
Summer, import offers weigh on West European hot rolled coil prices
Prices for hot rolled coil in Western Europe have started to slow on subdued demand, due to the summer season and competitive import offers, market participants told MetalMiner. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events page. Hot rolled […]
Improved economic activity boosts NLMK’s H1 operational results
Novolipetsk Steel (NLMK) reported a 10.8% increase year over year in its crude production for H1 2021. The steelmaker benefited from stronger demand, as economies in Russia and abroad restarted economic activity, the group said. Volatility is the name of the game. Do you have a steel buying strategy that can handle the ups and […]
Russia’s metal export duty a ‘broadside shot’
Russia’s plan to introduce from Aug. 1 a temporary export duty on metal exports has brought varied reactions from European industry watchers and market participants. “It’s about showing the strength of the Russian metals industry,” one analyst told MetalMiner. Russia’s planned tariff may also be a retaliatory measure against Europe and its proposed carbon tax […]
Belgian government plans to give loan to Liberty Steel asset
The government of Belgium’s Walloon Region plans to provide a loan to Liberty Steel’s Liberty Liège-Dudelange (LLD) rolling and coating asset while seeking a new buyer for it. The move follows the March collapse of the steelmaking group’s main creditor, Greensill Capital. “In this context, the company LLD is in the process of judicial reorganization […]
German flats producer Salzgitter-Flachstahl warns of delays after lightning strike
German integrated flats producer Salzgitter-Flachstahl has warned its customers of potential delays to deliveries after a lightning strike at the plant impacted steelmaking and rolling operations, a company official told MetalMiner. Each month, MetalMiner hosts a webinar on a specific metals topic. Explore the upcoming webinars and sign up for each on the MetalMiner Events […]
ArcelorMittal eyeing Liberty Steel assets in France
ArcelorMittal is eyeing the potential acquisition of Liberty Steel France, which includes a steelmaking plant at Ascoval and rail rolling mill at Hayange, a source within the Luxembourg-headquartered company told MetalMiner. “We were interested last year, when they were available,” the source said. Bids are due for assessment likely in July, the source added. Each […]