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Magazine Issue: February 2018


Lourenco Goncalves "We can create optionality, which is very important"
It has taken veteran metals executive Lourenco Goncalves three-and-a-half years to lift Cleveland-Cliffs out of the deep hole it was in. Lourenco Goncalves tells Jo Isenberg-O’Loughlin how he implemented a ‘back-to-basics’ strategy rooted in the rise of EAF-based steelmaking

Trending

NEWS REVIEW: NON-FERROUS

NEWS REVIEW: NON-FERROUS

  • Spectro Alloys plans $5.5 mln expansion

    Spectro Alloys Corp has earmarked $5.5 million to add a new aluminium furnace in the first phase of a multi-year investment plan to improve operational efficiencies and diversify its product mix.

NEWS REVIEW: NON-FERROUS

  • Glencore to restart Lady Loretta mine

    Glencore will add 100,000 tonnes of zinc to the 2018 market when it restarts its mothballed Lady Loretta mine in the first half of this year, bringing material back after a two-year pause.

NEWS REVIEW: NON-FERROUS

NEWS REVIEW: NON-FERROUS

NEWS REVIEW: NON-FERROUS

NEWS REVIEW: NON-FERROUS

  • Century Zinc mine restarting

    Australia’s Century Zinc mine, the world’s third-largest prior to its closure in 2016, will restart production in the second half of 2018 with capacity of 264,000 tonnes per year of zinc, according to a feasibility study released by owner New Century Resources.

NEWS REVIEW: NON-FERROUS

NEWS REVIEW: NON-FERROUS

NEWS REVIEW: NON-FERROUS

NEWS REVIEW: NON-FERROUS

NEWS REVIEW: NON-FERROUS

  • Perryman to double Ti melt capacity

    Perryman Company will more than double its current titanium melting capacity at its campus in California, Pennsylvania, thanks to the upcoming addition of two new furnaces, according to the company’s top executive.

NEWS REVIEW: NON-FERROUS

NEWS REVIEW: NON-FERROUS

  • Yildirim, Midural sign seven-year chrome offtake deal

    Turkish Industrial conglomerate Yildirim Group has agreed a seven-year offtake agreement to market low-carbon ferro-chrome and chrome metal produced by Russia’s Midural Group through its trading subsidiary in Switzerland.

NEWS REVIEW: NON-FERROUS

NEWS REVIEW: NON-FERROUS

NEWS REVIEW: NON-FERROUS

NEWS REVIEW: STEEL

NEWS REVIEW: STEEL

  • MetalX breaks ground on $35 mln Ohio project

    MetalX LLC expects to open part of its $35 million investment across the street from North Star BlueScope Steel’s flat-rolled mill in Delta, Ohio, USA, in the summer of 2018.

NEWS REVIEW: STEEL

  • Conares Steel investing in color-coated coil production

    United Arab Emirates steel producer Conares Steel is investing in a new line to produce color-coated coil, or PPGI (pre-painted galvanized iron), with a 75,000 tonnes per year production capacity, company chief executive officer Bharat Bhaita told Metal Bulletin.

NEWS REVIEW: STEEL

NEWS REVIEW: STEEL

NEWS REVIEW: STEEL

NEWS REVIEW: STEEL

  • Ferriera Valsabbia raising rebar output by 50%

    Italian long steel producer Ferriera Valsabbia intends to increase its output of rebar by 50% and has ordered new endless rolling technology to do so, according to equipment supplier Primetals.

NEWS REVIEW: STEEL

  • New plant to boost Falcon Steel’s capacity

    Falcon Steel America has purchased a manufacturing facility in Conroe, Texas, USA, that is expected to more than double its annual production capacity for high-voltage, steel-lattice towers, according to president, chief executive officer and board member Jim Taylor.

NEWS REVIEW: STEEL

  • ArcelorMittal restarts output at Bremen

    ArcelorMittal restarted operations at blast furnace (BF) No. 2 at its steelmaking plant in Bremen, Germany, in December 2017 after two months of modernization.

NEWS REVIEW: STEEL

  • Glencore unit buys stake in AZR

    A subsidiary of Glencore plc has purchased a 10% stake in US electric-arc furnace dust recycler American Zinc Recycling Corp (AZR).

NEWS REVIEW: STEEL

NEWS REVIEW: STEEL

  • Samarco’s preliminary licenses

    Samarco has obtained preliminary and installation licenses to use the Alegria Sul caves to deposit tailings, as part of the process to resume iron ore pelletizing operations in Brazil’s southeastern Minas Gerais state.

NEWS REVIEW: STEEL

  • Nasdaq launching AMM-based shred contract

    Nasdaq Futures Inc (NFX) is launching a Midwest US shredded steel scrap financial futures contract based on American Metal Market’s Midwest shredded scrap index.

NEWS REVIEW: STEEL

  • British Steel CEO resigns

    British Steel has started 2018 without a permanent chief executive officer, after the resignation of Peter Bernscher on December 22.

NEWS REVIEW: STEEL

NEWS REVIEW: STEEL

  • HBIS Laoting 2019 start-up plan

    China’s HBIS Laoting is planning to commission a 4.2 million tonnes per year slab production facility in February-March 2019.

NEWS REVIEW: STEEL

NEWS REVIEW: STEEL

NEWS REVIEW: STEEL

NEWS REVIEW: STEEL

  • Steel of West Virginia ramps up Kentucky plant

    Steel of West Virginia’s new galvanizing plant, Steel Ventures Inc, is ramping up operations at its 60,000 tonnes per year plant in Wurtland, Kentucky, which is the result of a $16 million expansion.

NEWS REVIEW: STEEL

  • Gerdau to sell US rebar operations to CMC

    Gerdau has agreed to sell some of its rebar production units, including mills in Jacksonville (Florida), Knoxville (Tennessee), Rancho Cucamonga (California) and Sayreville (New Jersey), as well as certain other facilities, to Commercial Metals Co for $600 million.

NEWS REVIEW: STEEL

NEWS REVIEW: STEEL

  • New ceo for Tenova Metals

    Tenova Metals chief operating officer, Roberto Pancaldi, has been promoted to the position of chief executive officer.

From the Editor

COMMENT

  • A new chapter

    Welcome to this first issue of Metal Market Magazine.

Features

END-USER

END-USER

  • Aleris secures new multi-year contract with Embraer

    Aleris, a supplier of aluminium rolled products, which is headquartered in Cleveland, Ohio, USA, and has facilities in North America, Europe and Asia, has signed a new multi-year contract with Embraer, a manufacturer of commercial jets with up to 130 seats, to supply aluminium flat-rolled products for use in the production of its aircraft.

END-USER

  • UC Rusal supplies aluminium to upgrade Moscow's tram fleet

    UC Rusal is supplying approximately 510 tonnes of aluminium to Krasnoyarsk Metallurgical Plant to be processed for use in the production of tram interiors. The company’s aluminium features in the interior of 300 new Vityaz-M trams, which contain three compartments whose interior is entirely made from aluminium, and are scheduled to be supplied to the Moscow transportation system in 2017-2019.

INNOVATIONS

INNOVATIONS

  • Rockwell Automation's Infrastructure-as-a-Service

    Rockwell Automation has introduced its Infrastructure-as-a-Service (IaaS) to address the challenge of designing, deploying and maintaining a secure and robust network infrastructure within industry.

END-USER SPOTLIGHT: AUTOMOTIVE

  • Steel and aluminium advance in auto race

    As vehicle manufacturers seek ways to build ever greener vehicles, lightweighting continues to improve overall performance. Duncan Moore highlights some new developments in both advanced high strength steel and aluminium that are targeted at this market

TECHNOLOGY SPOTLIGHT: TESTING EQUIPMENT

  • Super sensors

    The capabilities of sensor technology in terms of speed, breadth of application and contribution to automation have accelerated. Their contribution to corrective actions is now a focus, while integration with management systems remains a goal, writes Gregory DL Morris

MARKET SPOTLIGHT: IRON ORE

  • High-grade ore demand drives up prices

    As the biggest export destination for seaborne iron ore, China’s demand continues to drive market prices. Duncan Moore looks at its influence and the global outlook for major iron ore producers

TRADE

  • US trade cases

    US trade protection measures are as much a subject of debate for exporters to the nation as to industries aiming to protect their markets within it. Nat Rudarakanchana reviews a year in which US steelmakers saw a string of modest trade victories and ponders the outlook for 2018

MINING

  • Canada's example

    Butler said that the Mining Association of Canada (MAC) is very closely aligned to ICMM’s approach.

MINING

  • An international outlook

    Tom Butler, ICMM's CEO, tells Richard Barrett how members are advancing mining with principles.

MINING

  • US mining optimism

    A combination of rising commodity prices and easing of regulations to speed up the permitting process for new projects could result in more US metals mining production, although it is likely be a gradual. Concerns continue about the quantities of metals and other minerals – especially critical minerals – that are being imported as opposed to being mined domestically.

MINING

  • A brighter outlook for miners

    Following years of gloom after the Chinese commodity boom ended and prices consequently retreated, the mood of the global mining industry started to brighten at last in 2017

STEEL

  • Ore-based metallics

    Chris Barrington, International Iron Metallics Association (IIMA) secretary general, summarizes recent changes in the pattern of supply of ore-based metallics (pig iron, HBI, DRI) over the past couple of years.

STEEL

  • Fulfilling India's ambitions

    India’s steel secretary Aruna Sharma is making a strong pitch to dispel misgivings by steel consumers that under pressure from local steelmakers the government will protect them from foreign competition by putting high tariff barriers in place.

STEEL

  • US steel capabilites grow

    The timing of the recent flurry of investments – and announcements of additional near-term plans – to increase US steelmaking capacity may seem curious given the overabundance of steel supply worldwide and the domestic industry’s struggle to raise operating rates, but a closer look at these developments reveals the market dynamics driving them that are not otherwise immediately apparent.

STEEL

  • Global steel rebalances

    As growth in China’s steel output is forecast to slow substantially, and steel demand elsewhere is predicted to be relatively robust, hopes for an improving global supply-demand balance are high for 2018

FERROUS SCRAP

  • A shred contract to kick-start ferrous scrap futures

    Nasdaq Futures (NFX) has launched a Midwest US shredded steel scrap financial futures contract based on American Metal Market’s Midwest shredded scrap prices. Thorsten Schier outlines the new contract’s merits and the wider picture for ferrous derivatives use in the United States

Market Influences

MBR ANALYSIS

MBR ANALYSIS

  • Steel

    Chinese prices pulled down by slackening market fundamentals

MBR ANALYSIS

  • Zinc

    Bull run lives on, but for how much longer?

MBR ANALYSIS

  • Tin

    Stronger year in store for tin in 2018

MBR ANALYSIS

  • Nickel

    Longer-term investors overlook short-term issues

MBR ANALYSIS

  • Copper

    Tighter balance, higher prices

MBR ANALYSIS

  • Lead

    Steady price uptrend continuing

MBR ANALYSIS


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