Kallanish Steel Weekly
Worldsteel has revised down its 2022 global steel demand growth forecast to 0.4% on-year, giving 1.84 billion tonnes. This follows 2.7% growth in 2021. The correction is due to the impact on trade of the Russian invasion of Ukraine, which has created devastating effects on Ukraine, consequences for Russia and …
ArcelorMittal Kryvyi Rih (AMKR) is restarting blast furnace No.6 this week.
The firm previously said it will increase production of iron ore concentrate to 500,000 tonnes in April in preparation for resuming steelmaking.
AMKR Mining and Processing Plant No2 has continued running throughout the Russian invasion of Ukraine, although it …
The merchant pig iron market has quietened down in the past week amid ongoing price rises and lengthening lead times. Russian suppliers' difficulties in shipping contracted material also weighed on buyers' readiness to commit to purchasing, but some Russian tonnage was sold to the Mediterranean.
US buyers stepped back from …
Ukrainian flat steel producer Zaporizhstal, part of Metinvest, has partially resumed operation of its cold rolling shop, the company tells Kallanish.
The decision to partially resume work was facilitated by the controlled military situation in Zaporozhye, the company claims.
Skin-pass mills 1700-1 and 1700-2, as well as slitting unit No. …
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous