International Steel Mills
NLMK mill targeted in Ukrainian drone attack
Written by Laura Miller
July 2, 2024
Novolipetsk Steel’s (NLMK) mill in Lipetsk, Russia, was the target of a raid by Ukrainian drones on Sunday, according to a Reuters report.
The drone “attack achieved no results other than causing extra welding work,” Reuters reported a spokesperson for NLMK as saying.
While Kyiv hasn’t taken responsibility for the attack, it believes the NLMK mill is supplying Russia’s war effort and is therefore a justifiable target for Ukraine’s military, according to the report.
However, “NLMK denies cooperating with the defense ministry, saying that its Russian operations are not capable of producing military-grade heavy steels and it does not supply the military,” Reuters said.
NLMK did not return an SMU request for comment.
Laura Miller
Read more from Laura MillerLatest in International Steel Mills
Global steel mill output steady through May
Global raw steel production rose 2% from April to May, slightly above average production levels seen in recent months, according to data recently released by the World Steel Association (worldsteel).
Trump says US government to control 51% share in USS
President Trump says the US government will hold a 51% stake in U.S. Steel after the Nippon deal.
USS, Nippon Steel quiet as litigation deadline approaches
There has been little word from U.S. Steel, Nippon Steel, or the White House since President Trump endorsed the companies’ “partnership” on social media and celebrated it at the May 30 rally outside Pittsburgh.
Ternium’s Vedoya named AIST’s Steelmaker of the Year
Maximo Vedoya was awarded in recognition of Ternium’s expansion project in Pesquería, Mexico, and Ternium’s efforts to decarbonize steelmaking.
CRU: Baosteel hints at output cuts in China
Baosteel exec comments on market rumors of 50 million tons of output being cut this year, less than 0.5% of the 1 billion tons-plus China has produced annually in recent years.