China Condemns UK British Steel Takeover Feralpi Completes €500 Million Investment Cycle UK-Made Steel Gains Public Project Support JSW Steel Plans ₹811 Crore IPO Stake Sale
Russia’s Severstal-Metiz has upgraded its 2,000 mt press at the Cherepovets plant, aiming to strengthen production efficiency in steel sections. The company has installed an additional heating line at the steel sections shop, a move expected to raise unit productivity by 30%.
The modernization includes domestically produced equipment, induction heating chambers, a workpiece transfer system, and major hydraulic upgrades. The new setup can heat a workpiece for future section production in around three minutes.
Severstal-Metiz said demand for shaped steel sections remains strong across mechanical engineering, road construction, infrastructure, bridge building, and hydraulic engineering. Once the upgraded unit reaches full capacity, annual output is expected to rise by more than 1,300 mt, helping the company better meet customer requirements.
Also Read : LME bans Russian-origin metal after UK & US impose new sanctions Petronet LNG to supply gas to Sri Lanka
US Opens Trade Probe, Threatens Brazil with 50% Tariffs Amid Trade and Political Disputes The Unite...
US 17-Jul-2025
Power plants that rely on imported coal must run continuously through September in order to meet the...
Notification 03-Apr-2024
Tata Steel has expressed disappointment with the UK's revised steel import quota framework, arguing...
Business 26-Jun-2026
Ilsenburger Grobblech, a subsidiary of Salzgitter AG, has achieved a major milestone in safety...
Europe 15-May-2026
Jindal Steel has reported its strongest-ever production performance in fiscal year 2026, suppo...
Business 05-May-2026
Italian steelmaker Marcegaglia has increased its commitment to the Fos-sur-Mer project in France, re...
Europe 03-Jun-2026