Industrial Metals
November 2020

The World Steel Association (Worldsteel) has released an update to its Short Range Outlook for 2020 and 2021, which shows a much more optimistic outlook than the previous SRO released in June. Worldsteel forecasts that steel demand will contract by 2.4 per cent to 1,725.1 million tonne due to the Covid-19 pandemic.






November 2020

Global crude steel production rose 2.9 per cent to 156.4 million tonnes (mt) in September from a year earlier, World Steel Association data showed. Due to the ongoing difficulties presented by the Covid-19 pandemic, many of this month’s figures are estimates that may be revised with next month’s production update.






November 2020

VDM Metals Group, a German manufacturer of nickel alloys and special stainless steels, has adopted Henkel´s next generation nitric acid (HNO3) free Bonderite C-CP (Cleanox) pickling process for dedicated wire products.






November 2020

Aluminium Bahrain (Alba), the largest smelter in the world outside China, is committed to have a “strong finish” in 2020 by meeting its 2020 production target of 1.54 million metric tonnes (mt) despite Covid-19 challenges, according to the chairman of the firm’s board of directors, Shaikh Daij Bin Salman bin Daij Al Khalifa.






November 2020

Berlin Packaging, leader in the supply of glass, plastic and metal containers and closures, has acquired Vinkova, an important supplier of food products and drink glass packaging solutions, based in Bussum, the Netherlands.






November 2020

The UAE exports of crude metals and alloys to the US stood at 7,350 tonnes (t) in July 2020, a decrease of 72 per cent or 18,850 tonnes year-on-year (YoY). The UAE had exported 26,200 t to the US in July 2019, according to the latest Mineral Industry Survey report from the US Geological Survey.






November 2020

BioPad, a unique “green” technology flexible corrosion inhibiting device constructed from biobased non-woven material, provides a sustainable packaging option for corrosion inhibition.






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