Steel Times International News
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US imports down 2.8% for September
Figures released by the American Iron and Steel Institute (AISI) show that the USA imported a total of 1.25Mt of steel in September 2020 including 1.16Mt (NT) of finished steel, down 2.8% and 1.1% respectively, versus August final data. [All quantities in this article are net tonnes]
30 October 2020 -
G20 leaders urged to address global steel excess capacity
Ahead of a virtual G20 Leaders Summit next month, the EU, along with 29 members of the Global Forum on Steel Excess Capacity (GFSEC), has called upon G20 leaders to address the massive global excess capacity in steel production.
30 October 2020 -
UK steel industry relief over EU tariff rate quota allocations
Proposed Tariff Rate Quota allocations for UK steel exports into the EU from 1 January 2021 have been published by the European Commission – much to the relief of the UK steel industry.
30 October 2020 -
Zekelman and Everguard.ai sign safety-focused agreement
Zekelman Industries, the largest independent North American manufacturer of hollow structural sections and steel pipe, and Everguard.ai, whose AI-based Sentri360™ solution provides proactive interventions to prevent and avoid industrial accidents and the billions in fees and LTIs they cause, are joining together to use AI and sensor fusion to increase safety measures at the steelmaker's facilities.
22 October 2020 -
Global molybdenum production rises year-on-year in Q2, use falls
Figures released by the International Molybdenum Association (IMOA) show that global production rose 3% to 148.2mlbs when compared to the previous quarter of 2020 and the same quarter of 2019.
22 October 2020 -
Multi-million Euro rolling mill upgrade for NLMK Clabecq
Belgium-based NLMK Clabecq, a leading producer of thin premium steel plates and part of the NLMK Group, has embarked on a 30 million euro project to upgrade its rolling mill. The company is a key player in the thin-gauge steel plate and in particular the quenched and tempered steel plates markets.
22 October 2020
