Steel is a sustainable material for the construction of road bridges

Steel is a perfectly sustainable material and in accordance with the request of the European Commission for the creation of a circular economy that conserves materials and resources. Also, it is twice as sustainable as other elements used in bridge construction shows „Comparative analysis of the life cycle for bridges”. It is an independent study […]

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In the U.S. steel companies reported increased profit margins

All major steel companies in the U.S., such as US, Nucor (NUE), AK and Dynamics, have published their results for the first three quarters of the current year. The results were better compared to the same period in 2013. Most companies declared a significant increase in steel exports. This, combined with an increase in the […]

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The top secret Army tank could conquer the arctic region

The Armata tank will be equipped with a special steel alloy resistant to extremely low temperatures. It will be presented to the general public at the Victory Day anniversary parade in 2015. Yevgeny Chistyakov, representative of the Steel Scientific Research Institute, said at the Interpolitech 2014 exhibition in Moscow that the new 44S-SV-SH steel armor […]

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Forecasts of steel consumption in 2015

In 2015, the World Steel Association (worldsteel) predicts an increase in global steel demand by 2.0% and will reach 1594 Mt. „We expect that in the developed economies the increase in demand for steel will moderate. In time, in emerging and developing economies, this demand will grow. Said Hans Jürgen Kerkhoff – president of the […]

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The high strength steel used to create strong, light and sustainable products

The high-strength steel is used by BelAZ, a Belarusian manufacturer of transport and earthworks equipment. Steel is a material that is used in our daily lives. There are new innovative ways to use it, being thought of and realized daily. The high-strength steel – Belaz 75710 All over the world, the need to optimize production […]

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The steel industry needs European funds and carbon dioxide cost compensation schemes

The energy-intensive industry in Romania, like the steel industry, needs European funds and state aid. All this to avoid the closure of some production units. Ionel Bors, director of ArcelorMittal Romania, said. „To avoid the closure of a significant part of the steel industry in Romania. Also, and to ensure its future, maintaining the competitiveness […]

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EU could scrutinize steel exports from China

The Eurofer industrial group may ask the EU to impose taxes on steel bars imported from China. All this because of the alleged unfair tariffs. This fact threatens to increase the steel trade tensions between Europe and China. „Eurofer is absolutely determined to act. Because sales from China in the 28 EU states would be […]

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India remains the fourth largest steel producer in 2014

India will remain the fourth largest steel producer, even though its production growth exceeded the global average in the first 11 months. It shows the data of the World Steel Association. Global steel production, during the first 11 months of 2014, increased by 1.8%. Reaching 1,497.75 MT, compared to 1,471.44 MT in the same period […]

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The Italian government intervenes to save the Ilva steel plant

The Ilva steel plant is the largest in Europe in terms of steel production capacity. The Italian government intervenes in the management of the Ilva plant, in an attempt to reform the business in difficulty. A commissioner will be appointed to manage the factory and may be tasked with preparing its sale. Ilva, which is […]

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Tosyalı Holding and Toyo Kohan signed a cooperation agreement regarding steel production in Turkey

Tosyalı Holding, one of the largest steel producers in Turkey, has laid the foundations of a new factory in collaboration with the Japanese giant Toyo Kohan in the city of Osmaniye. Prime Minister Ahmet Davutoglu participated in the ceremony accompanied by Turkish and Japanese officials. Davutoğlu pointed out that 2015 is the 125th anniversary of […]

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