Indonesia’s new PT Krakatau Steel blast furnace is expected to be put into operation in the third quarter of next year

LMM Global Steel Information Quick View (2021.10.13) Indonesia’s new PT Krakatau Steel blast furnace is expected to be put into operation in the third quarter of next year According to reports, Indonesian steel manufacturer PT Krakatau Steel’s new blast furnace will be put into operation in the third quarter of 2022 and is currently actively…

STEEL

Myanmar will restart Pinpet factory in fiscal year 2023-2024

LMM Global Steel Information Quick View (2021.10.12) Myanmar will restart Pinpet factory in fiscal year 2023-2024 Myanmar plans to restart the Russian-backed Pinpet plantin Shan State in the financial year 2023-2024, according to the chairman of theState Administration Council (SAC) Senior General Min Aung Hlaing. The SAC chairman went to No.2 SteelMill Project (Pinpet) operated…

The Philippines terminates the investigation of safeguard measures for imports of galvanized steel sheets

LMM Global Steel Information Quick View (2021.10.11) On October 1, 2021, the Philippine Department of Trade and Industry issued a notice stating that in view of the Philippine applicant’s application for the removal of safeguard measures on January 14, 2021, it has decided to terminate the application of imported aluminum-zinc (GL) sheets, coilsand strips) safeguard…

Turkey initiates an investigation into safeguard measures against imported grinding balls

LMM Global Steel Information Quick View (2021.10.11) On October 9, 2021, the Turkish Ministry of Trade issued the Announcement No. 2021/8, in response to the application of Turkish domestic manufacturers, to import grinding balls and similar products for steel grinding machines (Turkish: “ütücü bilyalar ve ütmeye mahsus benzeri eya” ve “ütücü bilyalar ve ütmeye mahsus…