Steel News

We strive to let you one step ahead of the market.

ArcelorMittal's Italian subsidiary seeks alternative port terminals

23 Jul 2019 14:27 reported by Vicky Wang

A A A
ArcelorMittal's Italian subsidiary announced that it will continue to supply raw materials through the external terminals of the Taranto plant.

After the death of the crane operator at the Taranto plant, the court ordered the seizure of the only pier that could be parked by a large vessel. It was understood that ArcelorMittal was considering the dock at Italcave in Taranto as an alternative new location.

In addition, the company was facing a number of problems, such as the court's detainment of No.2 blast furnace on the grounds of safety standards, the detention at Pier 4 due to workers’ casualties, and the immunity of criminal proceedings in the past to be deprived.

Under the influence of these above-mentioned conditions, there might be news of price increases in the near future.

Back to Steel News

Related News

Australian BlueScope plans to invest $700M in US to expand business

  • Industry activities
  • 20 Aug 2019 16:24

Vietnam's Hoa Phat Group to expand steel products to southern market

  • Industry activities
  • 20 Aug 2019 16:20

Japanese steel product orders drop in Jun m-o-m, y-o-y

  • Industry activities
  • 20 Aug 2019 14:23

Russel Metals plans to acquire City Pipe and Supply

  • Industry activities
  • 20 Aug 2019 14:07

Vietnamese steel demand supports steel production in Jul

  • Industry activities
  • 19 Aug 2019 16:45

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,237.00
  • 2,249.00
  • Aluminum
  • 1,762.00
  • 1,794.00
  • Copper
  • 5,755.00
  • 5,789.50
  • Nickel
  • 16,000.00
  • 16,000.00

Learn more

Coil Exchange Center

  • 2B Coil-Sep
  • 2,530
  • 2,390
  • NO1 Coil-Sep
  • 2,480
  • 2,340
  • 2B Coil-Sep
  • 2,530
  • 2,390
  • NO1 Coil-Sep
  • 2,480
  • 2,340

Learn more