ArcelorMittal resumes operations at Romanian steel plant
On May 3rd, ArcelorMittal, the largest steelmaker in the world, decided to restart its electrical steelmaking and laminate sections operations at the Hunedoara steel plant in Romania. Affected by the COVID-19 epidemic and weak market demand, the steel mill’s operation was suspended on April 1st, but the company will now restart with taking all preventive measures at the plant. The …
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Henan HongQiQu New Material Co., Ltd.: Graphite electrode expansion project will be completed by the end of June
Henan HongQiQu New Material Co., Ltd.: Graphite electrode expansion project will be completed by the end of June. Henan Hongqiqu New Materials Co., Ltd.’s 50,000-ton ultra-high-power graphite electrode expansion project, originally planned to be completed in May 2020, is now delayed by one month and will be completed by the end of June. After completion, it will be decided on …
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Metalloinvest appoints new CEO
Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel has announced the appointment of Nazim Efendiev as CEO of Management Company Metalloinvest. He will combine the new role with the duties of First Deputy CEO, Sales Director. Ivan Streshinsky, Chairman of the Board of Directors of Management Company Metalloinvest, …
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Inner Mongolia Yingxiang Carbon Co., Ltd. has an annual output of 20,000 tons of Φ600 ultra-high-power graphite electrode and 10,000 tons of anode material project
Inner Mongolia Yingxiang Carbon Co., Ltd. has an annual output of 20,000 tons of Φ600 ultra-high-power graphite electrode and 10,000 tons of anode material project, with a total investment of 228 million yuan. Inner Mongolia Yingxiang Carbon Co., Ltd. was established on December 21, 2017. Source: Graphite & Carbon
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China’s total output of crude steel may trend stable in May
According to the statistic from the Chinese government, the total output of crude steel in March of China was around 79 million tons, decreased by 1.7% year on year; iron ore’s total output was around 67 million tons, increased by 1.1% year on year; steel products’ total output was around 99 million tons, decreased by 0.1% year on year. The …
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GrafTech Announces First Quarter 2020 Earnings Conference Call and Webcast
APR 14, 2020 BROOKLYN HEIGHTS, Ohio–(BUSINESS WIRE)– GrafTech International Ltd. (NYSE:EAF) plans to host its First Quarter 2020 Conference Call and Webcast on Wednesday, May 6, 2020 at 10:00 a.m. (EDT). The call will be hosted by senior management to discuss financial results for the first quarter ended March 31, 2020 and current business initiatives. These financial results will be …
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Graphite India Ltd starts partial manufacturing operations at Graphite electrode plant in Satpur
Graphite India Ltd has started partial manufacturing operations at its graphite electrode plant in Satpur, Nashik, Maharashtra engaging minimum labour / manpower, after obtaining requisite permission from the Government authorities. The Company is taking adequate measures to protect its employees / labourers. Shares of GRAPHITE INDIA LTD. was last trading in BSE at Rs.187.65 as compared to the previous close …
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HEG up 5% on resuming operations
HEG up 5% on resuming operations HEG Limited resumed manufacturing operations from Thursday and the stock price reacted positively on the news. Graphite electrode manufacturer HEG Limited informed the exchanges on Thursday that they have partially resumed the manufacturing operations. The company had shut operations on March 25 in the wake of Covid -19 outbreak in India. HEG Limited’s stock price …
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Tokai Carbon and Tokai COBEX to acquire Carbone Savoie International SAS, a Carbon and Graphite Manufacturer
April 10, 2020 Tokai Carbon Co., Ltd. (hereinafter “Tokai Carbon” or “we”) is pleased to announce that an extraordinary board meeting was held today and approved of signing the Put Option Agreement relating to a Securities Purchase Agreement regarding Tokai Carbon and Tokai COBEX GmbH (“TCX”), our subsidiary company, jointly acquiring 100% shares in Carbone Savoie International SAS (“CSI”), the …
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JSC “EPM-MANAGEMENT” is included in the list of systemically important companies of the Russian economy
Moscow, April 28, 2020. The Ministry of Economic Development of the Russian Federation posted a complete list of systemically important enterprises of the national economy on its official website. The list contains 1,151 companies, of which 523 are represented by the Ministry of Industry and Trade, 162 by the Ministry of Transport, 98 by the Ministry of Energy, 96 by …
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