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Alumina: Alcoa will reduce production at the Kwinana refinery in a phased shutdown
Aluminium producer Alcoa on Tuesday confirmed plans to halt production at its loss-making Kwinana refinery in Western Australia after more than 60 years of operation. The company cited difficult market conditions and the age of the plant as the main reasons behind the...
HRC steel: ArcelorMittal increases coil prices by EUR 50/mt
Europe's largest steel producer, ArcelorMittal, has increased the price for hot rolled coils (HRC) by €50/mt due to limited import possibilities and low domestic supply. The company is now offering EUR 800/tonne for HRC to buyers in north-western Europe, an increase...
Stainless steel: global production up 2.5% in the first nine months of 2023
According to preliminary data released by the International Stainless Steel Forum (ISSF), global crude stainless steel production increased by 2.2% quarter-on-quarter to 14.73 million tonnes in the third quarter of last year, and by 2.5% in the first nine months of...
Pig iron: Salzgitter’s upgraded blast furnace is ready to produce 2 million tonnes
The German steel group Salzgitter recently inaugurated blast furnace A at its Flachstahl plant in Lower Saxony, enabling it to produce up to 2 million tonnes of cast iron. This came after the company completed a 100-day operation. Saltzgitter said on 3 January that...