Steel companies see a limited impact of the withdrawal of the export benefit granted to China

Despite the withdrawal of export benefits, there will not be a substantial reduction in steel alloy imports from China. Only a large part of imported goods continues to remain under the umbrella of discounts, say industry officials. However, a 10% decrease in imports from China is not excluded. From January 1, China no longer benefits […]

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Famous construction – Willis Tower on the tubular metal structure

The Willis Tower is a famous building and a symbol of the city of Chicago, just as the Eiffel Tower is identified with Paris. The 110-story structure was the tallest building in the world until 1996. In 1974, when the building was inaugurated, it was called SearsTower. In March 2009, Willis Group Holding, an insurance […]

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Tata Steel launches a new quality of steel

Giant Tata Steel has developed a new grade of steel to improve the manufacturing of wheels for tractors and large off-road vehicles. This grade of steel will be manufactured at the Port Talbot plant and will be delivered either. In the form of coils or processed plates through the Tata Steel distribution network in the […]

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A competitive steel industry in India, essential for the growth of the basic sector

The steel and mining sectors are of strategic importance for any industrialized nation. India is fortunate to have a solid foundation for both sectors. The industry contributes to the creation of jobs and well-being. Especially among the states rich in minerals, which are undergoing economic and social development. Raw materials are essential for competitive growth […]

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The UK steel industry is suffering from imports

The recovery of the steel industry in Great Britain is being slowed down by the dumping practiced on the steel market in Europe, industry representatives warn. UK steel production was flat at 11.9 million tonnes in 2014, after rising 24 per cent in 2013. Last year there was a rise of just 0.2 per cent. […]

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Tata Steel launches, in the UK, a pipe of the latest generation

Tata Steel launched a construction steel pipe in Europe, an „innovative and more resistant” product. It can speed up the construction of new buildings and reduce the weight of large machines or vehicles. Celsius 420, which is described as a „state-of-the-art steel”, was developed in collaboration with customers in the construction industry. First of all, […]

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ArcelorMittal reported losses, while ThyssenKrupp posted a small profit

The world’s largest steelmaker, ArcelorMittal, reported a loss of $955 million for the fourth quarter on Friday (February 13th). The company’s large mining operations were affected by the sudden drop in the price of iron ore. Also, the investment of 621 million dollars that the manufacturer, based in Luxembourg, made in a business in China […]

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The tubular structural system developed by Fazlur Khan

Many structural systems have been adopted in the design of tall buildings, one of the most effective being the tubular structural system. The advancement of technology and the development of the economy, all over the world, have led to the construction of higher and higher buildings. The „father” of this system is the architect and […]

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In Ukraine, the export of steel products decreased by 7.6% in 2014

According to the data released by the Ukrainian Mining and Metallurgical Company (UGMK), the export of steel products is down by 7.6% compared to the previous year. Having a total value of 12.6 billion dollars. In 2014, Ukraine exported 20.24 million metric tons of steel, of which 9.2 million mt of semi-finished products (-13%), 2.2 […]

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ArcelorMittal delists the combines in Iasi and Roman, and passes the one in Hunedoara to AeRO

The ArcelorMittal Group has decided to delist from the Bucharest Stock Exchange (BVB) the companies that own the combines in Iasi and RomanI. And the company that controls the Hunedoara plant will be transferred from Rasdaq to the AeRO platform. „It is approved that the company did not take the necessary legal steps in order […]

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