Keystone XL pipeline won’t buy US steel, despite Trump’s order (US)

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Keystone builder TransCanada will be allowed to skirt an executive order calling for US steel to be used in new pipelines, repairs, or retrofits. Does the move herald a broader evolution for Trump’s ‘America First’ stance?

From the start of President Trump’s election campaign, two aspects of his political identity – the businessman and the populist – have dueled for dominance. At least in the case of the Keystone XL pipeline, the businessman appears to be winning out. Speaking to reporters onboard Air Force One on Friday, White House spokeswoman Sarah Huckabee Sanders said that the pipeline,

“The value of a pipeline is that we have a pipeline that can be used. Which steel it is made from is an entirely subsidiary question,  and if American steel is best to use then use that, if not American is better then use that instead. What we want is the pipeline that can be used at the least overall cost ”

Tim Worstall, Senior fellow at the Adam Smith Institute.

which has been in the works for a decade, will be exempt from an executive order Mr. Trump signed in January requiring new pipelines, repairs, or retrofits to use US steel “to the maximum extent possible.” The justification for that decision: The pipeline is already under Read more

Boeing to buy $18 billion of titanium from Russia in the next 10 years (Russian)

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В следующем десятилетии сумма закупок авиастроительного концерна Boeing изделий из российского титана достигнет 18 млрд долларов, заявил в интервью «Ведомостям» президент Boeing в России и СНГ Сергей Кравченко, сообщает Ростех.   На сегодняшний день Boeing получает около 35% титана для гражданских самолетов от корпорации ВСМПО-АВИСМА. Это Read more

Vietnam launches Foreign consultancy to evaluate steel sector master plan by 2025 and its vision by 2035 (US)

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The master plan of steel production will focus on sustainability and the use of advanced technology to save natural resources, energy and protect the environment.

HÀ NỘI — The Ministry of Industry and Trade (MoIT) will hire a foreign consultancy firm to evaluate its draft master plan for steel production by 2025 and its vision till 2035. The firm, which will have operations in Việt Nam, will be in charge of ascertaining the trends in steel industry development across the world and the region; assessing the domestic steel sector’s competitive ability in comparison with theRead more

Italian Steel industry Profits dropped by 95 % (US)

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IMPORTS OF STEEL IN ITALY  period from January to May 2016. In thousands of tons, and var. % On the same period of 2015. (Source: Federacciai; Platts  (Credit Photo @ ilsole24ore)

The negative cycle of the Italian steel industry continues amid falling revenues, with earnings dropping on average by 95%.  One year after celebrating, after years of losses, the return to profitability (€150 million in 2014), the Italian steel sector has come to a halt, according to Read more

European Commission eliminates the option to impose anti-dumping sanctions on Tiongang International (US)

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china-commerce-tiangong

In a preliminary ruling made by the European Commission earlier this month, anti-dumping duties will be imposed on imports of hot-rolled steel from China for six months, with the exclusion of tool steel and high-speed steel products.

The Chinese government will continue to support domestic companies to positively respond to anti-dumping investigations overseas and defend themselves, Shen Danyang, the Ministry of Commerce spokesman, said at a regular press conference on Tuesday. The European  Commission (EC) called for an anti-dumping probe into steel products such as hot-rolled flats at the beginning of this year, according to aRead more

Loi Travail : la métallurgie va expérimenter une modulation du temps de travail sur trois ans (Fr)

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metallurgie-france-uimm

La métallurgie est la première grande branche à mettre en oeuvre cette disposition de la loi El Khomri.

La métallurgie n’a pas attendu longtemps pour mettre en application une disposition de la Loi Travail, votée en juillet dernier. L’Union des industries et des métiers de la métallurgie (UIMM), l’organisme patronal du secteur, a proposé un accord sur l’emploi qui permettra notamment d’organiser le temps de travail sur une période pouvant aller jusqu’à trois ans, comme prévu par la loi Travail. Cet accord a reçu l’aval d’une majorité de syndicats de laRead more

EBRD gives €25 million Universal Alloy Corporation to boost Romania’s aerospace industry (US)

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universal-alloy-corporation-romania

€25 million to aircraft parts supplier Universal Alloy Corporation Europe

In a new boost to Romania’s aerospace industry, the European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan to Universal Alloy Corporation Europe (UACE), which manufactures aluminium parts for aircraft. ounded in 2008 as a subsidiary of the Swiss-Austrian Montana Tech Components group, UACE supplies components to leading aircraft manufacturers such as Read more

Boltex Manufacturing Co stands up for fair trade from India, Italy and Spain (US)

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BOLTEX

Boltex, a family-owned company, makes finished flanges for the oil and gas, petrochemical, engineering and construction industries. Boltex Manufacturing Co  President Frank Bernobich poses for a portrait in front of bins of flange forgings at one of the company’s manufacturing facilities Aug. 16, 2016, in Houston. (Credit Photo @  James Nielsen – Houston Chronicle)

Frank Bernobich didn’t wait for politicians to renegotiate global trade to stop foreign competitors from illegally dumping products in the United States. He fought back under the existing the rules and won. The U.S. International Trade Commission ruled Friday that Houston-based Boltex Manufacturing Co. was suffering from unfair competition from factories in India, Italy and Spain in the finished carbon-steel flange business. The Department of Commerce will now determine the appropriate punitive tariff, which could range from 13 to 205Read more

Romania’s Alro to provide aluminum to Airbus starting 2017 (US)

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Alro

Airbus will use aluminum provided by Romanian company Alro to manufacture its aircraft starting 2017. Alro, a subsidiary of international group Vimetco, announced on Friday that it had been selected as an aluminum provider by Airbus. The agreement is valid for several years and will start next year. “We are looking forward to starting this partnership with Airbus and supplying best quality aluminum plates for the

Read more

VSMPO supplies Boeing and Airbus despite sanctions (Russian)

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VSMPO 007

(US)

YEKATERINBURG, July 27. /TASS/. VSMPO-Avisma corporation continues supplying components to Boeing and Airbus despite sanctions, the company’s Director General Mikhail Voevodin told TASS Monday. “Boeing and Airbus are the key consumers of titan in global aircraft industry. Sanctions did not affect the production process either from the view point of supplies of raw materials or from theRead more

Big Data for Big Metallurgy (Fr)

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Big Data for Big Metallurgy (Fr)

Ghislaine Doukhan, directrice de Safran Analytics (Credit Photo @ Stéphanie Jayet)

Le Big Data est en train de révolutionner l’industrie francaise en général et l’industrie de la métallurgie en particulier,  à l’instar de  Safran Analytics la nouvelle entité crée en 2015 pour accompagner la révolution  du Big Data chez Safran. Vice-présidente de Safran Analytics Ghislaine DOUKHAN,  élue femme de l’industrie en 2015 est à la tête de 60 “Data Scienticts”  qui allient au quotidien: algorithmesRead more

POSCO CEO warns of trade protectionism trends (US)

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POSCO CEO

South Korea’s largest steelmaker POSCO’s chairman Kwon Oh-joon called on employees to stay wary of trade protectionism trends that are being increasingly promoted by advanced nations amid deteriorating global economic cr exports,” Kwon said in a recent email he sent to POSCO workers, industry watchers said on June 24.  In May, the US Commerce Department issued a final announcement outlining 265.79 Read more

Events that transformed the aluminium market (US)

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Jean-Marchand

Jean Marchand was born and brought up in Montreal, Quebec in Canada. He joined Alcan through Montreal’s Concordia University campus placement in 1981 as an accounting analyst. Following Rio Tinto’s acquisition of Alcan, Marchand was appointed director, global remelt ingot sales, marketing and price risk management at the Rio Tinto Aluminium product group.  He retired from Rio Tinto on December 31, 2015. (Credit Photo @ Metalbulletin)

 Aluminium industry veteran Jean Marchand has witnessed major game changers in his career, from the launch of the London Metal Exchange contract, the collapse of the former USSR, premium volatility and financing games, to the change in the market structure and consolidation. “If anyone tells me aluminium is a boring industry, I would love to debate that point with them,” Marchand, who recently retired from Rio Tinto as director of global remelt ingot management, sales and marketing aluminium, said. Marchand, who was recruited

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Trump : “When I’m president, guess what, steel is coming back to Pittsburgh,” (US)

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Trump pensylvania

Donald Trump delivers remarks at a rally in Pittsburgh on April 13. (Credit Photo @ AP Photo )

PITTSBURGH — Donald Trump vowed to bring back Pittsburgh’s once-thriving steel and coal industries at a rally here on Wednesday night. Trump, whose campaign is premised on the idea of restoring the country to a lost greatness closely associated with a mid-20th century industrial economy that supported a large middle class, has been making locally tailored economic pitches as he’s campaignedRead more

Commodity Vs Speciality : the European Steelmaking Dilemma

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Save our steel

“Every steel company, particularly the major companies, they’re looking at value addition, meaning high-end value-added steel products ….I don’t think anybody can do more than 30 percent, 35 percent so the balance 65 percent remains commodity grade steel.”

Seshagiri Rao, -Director -JSW Steel Ltd (India)

“Sticking to technological and quality leadership will be the only solution for European steel producers to secure profitability and future growth,”

Wolfgang Eder- Voestalpine – CEO

“If China takes the ‘commodity’ end of the market — and it’s not as if they are only focusing on that — then it takes with it the specialty segment, because it is impossible to sustainably operate on high-grade or specialty alone”.

Charles de Lusignan. – Eurofer spokesman

“An integrated steel plant only makes sense at a scale of at least 3 million tonnes, and must be used to full capacity to be cost-effective”.

Heinz Joerg Fuhrmann- Salzgitter – CEO

The companies that survive, especially in high-cost countries, will have to find creative ways to develop closer relationships with their customers. They can do this even when the steel they produce is commodity grade

Charles de Lusignan. – Eurofer spokesman

“Profitability is all about value creation for your customers. Commodity producers can for example excel in services provided to their customers: short delivery times, small order quantities, 24-7 order intakes, client-specific product dimensions, etc.”

Jeremy Platt, – analyst at UK-based consultancy MEPS

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Iran Considering Investing in Giant Titanium Reserves (US)

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Titanium

Iran possesses 7% of the world’s total mineral reserves worth about $700 billion but this figure could rise to $1.4 trillion with new discoveries, officials say. On photo, a titanium crystal bar, high purity 99,995 %, made by the iodide process at URALREDMET in the Soviet era. Weight ≈283 g, ≈5.5 ” long, ≈1 ” diameter (Credit Photo @ Alchemist-hp)

Iran needs more than $4.2 billion of investment over the next five years to bring a massive titanium mine in the country’s southeast fully online, an official says. The deposits in Fanuj can yield 30 million tonnes of titanium ore a
Read more

Oil & Gas Downturn Affects UK Steel Casting Industry (US)

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Steel Castings

The three sites of Bondshold Limited give it the ability to produce a wide range of products, from precision alloy steel castings to huge 12,000 kilogramme castings supplied to the oil, gas and power generation industries. Its Crook site caters for medium-sized castings from 50kg to 2,500kg, with Tow Law capable of making products up to 12,000kg. It makes smaller precision castings at Alston. On photo  : Amie Beveridge of Bonds Foundry examines two castings, with a combined weight of 14.5 tonnes which make up a horizontal split pump casing, prior to shipment to a customer in Germany (Credit Photo @ Martin Avery)

A FOUNDRY business is being forced to make cutbacks – but says the move won’t necessarily mean job losses. Bondshold Limited says the prolonged downturn in the oil and gas sector has hit turnover. The company employs more than 130 workers at bases in Tow Law and Read more

China Shows How to Build Nuclear Reactors Fast and Cheap (US)

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Large nuclear reactors require single-forged pressure vessels, using forging presses  of about 16,000 tons that accept hot steel ingots of about 600 tons. These are not common in the world, and a single forge can only forge several vessels a year. Before 2007, only one such forge was operational, leading to a huge bottleneck in global construction. On photo  a 438-ton huge steel ingot was successfully forged by the 18,500-ton free forging hydraulic oil press (Credit Photo @ China Tech Gadget) 

If anyone thinks nuclear power is on the wane globally, they haven’t been paying attention to China. More than 100 nuclear power reactors will start up in China over the next decade. The strategy is outlined in the draft of China’s new Five-Year Plan that covers 2016 to 2020. It is China’s 13th such plan, and the country has kept pretty close to most of their previous goals. According to the document, the government will invest over US$100 billion to construct about seven new reactors annually between now and 2030. By 2050, nuclear power should exceed 350 GW in that country, include about 400 new nuclear reactors, and have resulted in over a trillion dollars in nuclear Read more

US Steel Industry Faces “Ton of Problems” (US)

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AK STeel

Students from Middletown and Monroe high schools listen to AK Steel research engineer Grant Thomas after viewing a hot rolling process demonstration as part of Manufacturing Day, Friday, Oct. 2, 2015. (Credit Photo @ GREG LYNCH / STAFF)

  • Worldwide steel production grew about 46 %  from 2005 to 1.8 billion tons in 2014.
  • During that time, steel imports into the U.S. market have risen from 32.1 million net tons in 2005 to 44.3 million in 2014, an increase of 38 %.
  • Finished steel imports to the U.S. are tracking about 3 % ahead of the year before, beating what was already a record year for imports in 2014.
  • AK Steel Holding Corp., is cutting jobs, reviewing expenses and struggling to keep sales and profits up. 
  • United States Steel Corp. is mulling a consolidation of its North American flat-rolled operations and may temporarily idle steelmaking and most finishing operations in Granite City, Ill., the company announced Oct.6. The move put 2,000 steelworkers on layoff notice.Read more

Secondary rhenium supply growth to cater for new demand (US)

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Rhenium

(Credit Photo @ Lipmann)

Rising demand for rhenium in aero engines is likely to be satisfied by increasing supply of secondary rhenium contained in “engine revert” produced from end-of-life gas turbine parts, UK-based consultancy Roskill Information Services said Thursday. “At the recent Paris Air Show the big three aero engine manufacturers, GE Aviation, Rolls-Royce and Pratt & Whitney, announced billions of dollars of new sales,” Roskill said. “This was excellent news to Read more

Erzhong Delists from China’s Stock Market (US)

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Erzhong 8000 tons

China’s  80,000 tons  World largest  Closed Die Forging.  In 2013, the Chinese government bailed out the forge’s parent company, called Erzhong Group

China Erzhong Group Heavy Industries has become the first Chinese company delisted from the A-share market this year. The company has taken itself off the market following 3-straight years of losses. Erzhong says it’s working to get its finances in-order, and says it intends to relist in the future. The company is the first to use new regulations introduced in November, which allow a Read more

French President Supports Metallurgy Industry (French)

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Hollande Forging forge president France 2

(Credit Photo @ Présidence de la République)

Après l’usine PSA de Trémery (Moselle) la semaine précédente, le président continuait inlassablement son tour de « la France qui gagne », vendredi 3 avril, dans une forge de Trie-Château (Oise). Mais en plus des traditionnelles assurances sur l’imminence d’une reprise, égrenées avec insistance depuis un mois, François Hollande y a apporté dans sa besace des annonces : des mesures destinées à favoriser l’investissement industriel dans les PME. La preuve par l’exemple : dans cette usine spécialisée dans la forge de pièces métalliques pour la construction aéronautique ou ferroviaire, sauvée de la disparition par le groupe Le Bronze Alloys, M. Hollande a symboliquement « signé »Read more

North Korean Steelmaking Industry (US)

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NOrth Korea Steelmaking

This photo released by the official KCNA news agency on Dec. 6, 2010, shows Kim Jong Il, top leader of the Democratic People’s Republic of Korea (DPRK), inspects the Kim Chaek Iron and Steel Complex, which established an iron making method without use of cokes and a new iron production system with lignite. (Credit Photo@ Xinhua/KNCA)

According to The Nuclear Threat Initiative (NTI.org) a nonprofit, nonpartisan group, the Kim Chaek Iron and Steel Complex is North Korea’s largest steel mill, producing about 6 million mt/year of steel and iron, or about half of North Korea’s total output. In 1975, the Soviet Union provided technology and equipment for primary steelmaking and hot- and cold-rolled steel products. The Soviet Union provided furtherRead more

U.S. must be first in steel production (US)

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Lehigh heavy forge 002

(Credit Photo @ Lehigh Heavy Forge)

Steel is power. Any nation that expects to project strength and resolve must produce steel. Throughout U.S. history, steel has been an irreplaceable underpinning of our economic and military might. It’s why Abraham Lincoln insisted on building steel plants to supply the biggest infrastructure project of his time: the transcontinental railroad. The 16th president insisted that the union would not prosper without a robust iron and steel industry. During World War II, Franklin D. Roosevelt knew that becoming the “Arsenal of Democracy” would not happen without eliminating gaping steel shortages.

“Steel is power. Any nation that expects to project strength and resolve must produce steel.”

Robert W. Patterson

As Arthur Herman documents in “Freedom’s Forge: How American Business Produced Victory in World War II,” domestic steel output had hit a 20-year low in 1939, plummeting to less than half the 63 million tons forged in 1929.Read more

France President Receives Algerian Steel Tycoon Issad Rebrab (US)

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Rebrab Elysee

For the second time France President Francois Hollande  received Issad Rebrab , President and CEO of the Algerian Conglomerate  CEVITAL in the Elysée Palais for a Strategic Conference  to invite foreign Companies to invest in France . Issad Rebrab joins the Forbes Billionaires list this year thanks to his thriving $3.5 billion (sales) food business, Cevital, a producer of sugar, vegetable oil and margarine. An accountant by training, one of his clients talked him into investing in the client’s metal company Read more

Areva’s Middle East President Explains Saudi’s Energy Policy (US)

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ALI NOURI AREVA

Ali Nouri, AREVA (Vice-President Middle East), is Doctor-Engineer Nuclear Engineering. He has experience of over 25 years in the nuclear industry where he held various positions in different fields such as project management, industrial production and business development in France and abroad

Could you please explain us the energy policy in Saudi Arabia ?

 The current electric power in Saudi Arabia represents about 50 GWe. It is mainly produced by oil and gas. However, the electricity needs in Saudi Arabia will triple over the next 20 years. Today, nearly 35% of the country’s oil production is consumed locally. If the current energy product not diversified, the domestic consumption will exceed 70% of the oilRead more

Metallurgy Reborn helps to reduce US unemployement rate under 6% (US)

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OBama us steel indiana millenium

US President Barack Obama speaks about jobs and the economy during a visit to Millennium Steel Service in Princeton, Indiana October 4, 2014. US employers stepped up hiring in September and the jobless rate fell to a six-year low, bolstering bets on a Federal Reserve rate hike in mid-2015

WASHINGTON, Oct 4 — The US jobs machine shifted into higher gear in September, pushing the unemployment rate down to the lowest level in six years. In a boost for President Barack Obama a month before midterm congressional elections, the Labour Department reported yesterday that the economy pumped out 248,000 net new positions last month, sending theRead more

French Economy Minister Supports Aluminium Production Expansion (US)

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Emmanuel Macron
 
The French Economy Minister Emmanuel Macron -left-, Heinz-Peter Schlüter, Chairman of the Supervisory Board and sole proprietor of Trimet Aluminium SE -middle- and Marc Benayoun, Head of Company Operations at EDF start the new F electrolysis line (Credit Photo @ konstruktionspraxis)
 
With the commissioning of additional electrolysis furnaces, Trimet is expanding the production capacity of its aluminium smelter Saint-Jean-de-Maurienne. Over the next three years the medium size, family-operated company is investing about 100 million euros in the expansion of its sites in France.  On Saturday, 6 September 2014, Trimet’s aluminium smelter in Saint-Jean-de Maurienne received a visit from the French Economy Minister, Emmanuel Macron. In a ceremony with all the employees in attendance Trimet commissioned additional electrolysis furnaces for the production of aluminium. Together with the owner ofRead more

UK Gov to reduce Energy Bill of Sheffield Forgemasters, Tata Steel and Outokumpu (US)

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Forgemasters Energy bill

Glowing praise: Tony Pedder, who says cuts to carbon tax will help firms

  • Carbon emissions tax capped with industry compensated for green taxes
  • Measures could save some businesses £50,000 a year, Osborne said today
  • Will particularly affect big energy users such as steel plants

 Manufacturing firms could see their energy costs fall by £7billion. George Osborne said he would cap taxes on carbon emissions, compensate heavy industry for other green taxes and extend tax breaks for investment. Together, the measures could save a medium-sized manufacturing business £50,000 a year, the Chancellor told MPs yesterday. He intends to cap the carbon price floor,Read more

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