Prospects for steel demand in 2022
The World Steel Association estimates a steel demand in 2022 contracted by 2.3%. It will reach 1,796.7 Mt. after having grown by 2.8% in 2021. „The global economy is affected by persistent inflation, the monetary tightening of the USA, the economic deceleration of China and the consequences of the invasion of Ukraine by Russia. High […]
The Libery Galati Iron and Steel Plant will produce steel using electric arc furnaces
The Libery-Galati Iron and Steel Plant, owned by the Liberty Steel Group, will produce steel using electric arc furnaces. A series of equipment from South Korea to be transferred to the Galati platform. On November 25, 2022, the Liberty Steel Group announced the signing of an agreement for the acquisition of the Dongbu steel platform […]
Structural steel
A structural steel is a category of steel used to manufacture building materials in a variety of forms. Giving architects and civil engineers freedom in design. The history of steel constructions begins in the 20th century. During the Second World War, steel became available at affordable prices, causing many contractors to choose it as a […]
What does the end of 2022 look like for the steel market
What does the end of 2022 look like for the steel market? There are indications that the global steel sector will not fully recover in 2023. We expect significantly lower earnings for steel producers. The global economic slowdown has ended the period of exceptionally high prices supported by pent-up demand after the pandemic. China and […]
The new administrative capital of Egypt – an oasis built of steel
An oasis built of steel is the new administrative capital of Egypt. A large-scale infrastructure project, located on the outskirts of Cairo. It will be crowned by the tallest skyscraper in Africa. In many cases, steel frames are chosen to develop urban projects. Steel structures are used for tall buildings with several floors, due to […]
Amnesty for illegal constructions in Turkey
The amnesty for illegal constructions in Turkey is at the root of the disaster caused by the two earthquakes of February 6, 2023. After another devastating earthquake in 1999, a law was promulgated that imposes very strict anti-seismic criteria. The rules require structures in earthquake-prone regions to use high-quality concrete, reinforced with steel bars. Also, […]
The chemical composition of steel – the influence of silicon
The influence of silicon on the steel composition has a favorable effect for the most part. This element dissolves completely in the solid solution in certain proportions, without forming carbides. In addition to iron and carbon, depending on the type and specific purpose of the steel, other elements can be added in variable amounts to […]
Megatrends influencing the global steel industry
Megatrends that influence the global steel industry is the topic we propose in this article. When we talk about megatrends, we mean the global processes that gradually change the world in which we live. They affect all levels of society and influence political and economic decision-making, as well as the lives of each of us. […]
The importance of an industrial fence
Securing the perimeter is an important step in the case of critical infrastructure or industrial objectives, so the installation of an industrial fence is essential. In order to adequately fence industrial areas, it is necessary to adopt solid and resistant anti-burglary and anti-climbing solutions. In the industrial field, there is a need for a higher […]
Profile H versus Profile I
Profile H versus profile I is the topic we propose in this article. For those who work in the construction industry and related fields, it is vital to understand these differences. At first glance, these two steel profiles look similar, but there are some major differences that are essential to understand. Within the H profiles […]
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