China’s manufacturing PMI rebounds in Nov, but outlook remains sluggish
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China’s manufacturing PMI rebounds in Nov, but outlook remains sluggish

Published: 01 Dec 2021
China’s manufacturing PMI rebounds in Nov, but outlook remains sluggish

China’s manufacturing purchasing managers’ index, or PMI, rebounded to 50.1 points in November, an expansion in manufacturing activity for the first time in two months but still the third lowest in 21 months, China’s National Bureau of Statistics said. China’s PMI was seen at 49.2 points in October and at 49.6 points in September. PMI,

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ABB tool to improve meltshop productivity

Published: 30 Nov 2021

ABB has launched what it claims is the first smart factory digital application of its kind for the metals industry, Kallanish hears from the technology supplier. This is set to help improve efficiency in crude steelmaking. Based on advanced digital algorithms, ABB Ability Smart Melt Shop offers real-time ladle tracking, automated crane scheduling and a predictive thermal

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Metinvest increases Italian plant plate capacity

Published: 30 Nov 2021
Metinvest increases Italian plant plate capacity

Italy-based Trametal, the re-roller subsidiary of Ukrainian steelmaker Metinvest, has started a new plasm cut trimmer edge line at its plate rolling mill in San Giorgio di Nogaro, near Udine, Kallanish learns from the company. The new master plasma bevel Line Tech Nova 55 was assembled in a warehouse adjacent to the main plate mill. It will

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Chinese mills cut production on Winter Olympics

Published: 30 Nov 2021
Chinese mills cut production on Winter Olympics

Chinese steel mills will restrict production in the first quarter of next year to ensure air quality during the Beijing Winter Olympics. At the same time, power cuts in some provinces have caused southern China’s steel mills to reduce production. Kallanish learns from market sources that restrictions will hit all heavy industrial enterprises in Huabei, Huaibei, and

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EU steelmakers must compete for hydrogen resource: Jeffries

Published: 30 Nov 2021
EU steelmakers must compete for hydrogen resource: Jeffries

The green hydrogen requirement to fuel green steelmaking in Europe would amount to 1.2 million tonnes by 2030, below the EU’s Hydrogen Strategy target, but the steel industry will be fighting over the resource with other sectors, says Jeffries. Green hydrogen costs would meanwhile need to decrease 75% to $1.20/kg for H2-DRI/EAF costs to break even

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