Hilde Merete Aasheim on Leading Norsk Hydro
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September 2020 Hilde Merete Aasheim on leading Norsk Hydro Fastmarkets Global Awards for Steel Excellence 2020 Winners International aluminium market trends Sponsored by: Webinar Global restructuring of steelmaking: how to optimize with direct reduction Register for the presentation on Tuesday, September 15th at 10am EST. The demand for DRI is increasing around the world. Regardless of the steelmaking route, there is a form of direct reduced iron (DRI) for every steelmaking application. This webinar will focus on the new role of DRI specically for the EAF and the critical role it plays in achieving many of the demands being placed on steelmakers today. Register today by clicking the link below. Meet the hosts Richard Barrett, Editor Robert Montgomery, Sales Markus Abel, Co-Owner Todd Ames, Senior Key Metal Market Magazine Manager (Middle East & & Managing Director for Account Manager at at Fastmarkets North America) at Midrex tripleS GbR. Midrex Technologies, Inc. Technologies, Inc. Register to save your space today. https://us02web.zoom.us/webinar/register/WN_56Nakm7fTJakK7B1Q3O3wA https://us02web.zoom.us/webinar/register/WN_56Nakm7fTJakK7B1Q3O3wA September Features September 2020 18 Industrial minerals: 18 Hilde Merete Aasheim 76 on leading Norsk Hydro Refractories Cover story Balancing bauxite Fastmarkets Global Awards for Hilde Merete Aasheim, Steel Excellence Refractory-grade bauxite 2020 Winners 70 International CEO of Norsk Hydro, on aluminium prices have held firm due market trends Andalusite seeks new running a sustainable balance amid supply, to tightening supply business demand shifts Spotlights Aluminium The andalusite market has been rocked by a 78 25 drop in supply following Market spotlight: Steady global aluminium closures related to Steel scrap supply despite low Covid-19 in producing Bangladesh’s rapid demand countries industrialization in recent Global primary years means that scrap aluminium production 73 imports are growing fast has seen limited Chinese magnesia prices curtailment, despite challenge other producers 82 dented demand European magnesia End-user spotlight: caused by the Covid-19 markets have been very Heavy equipment pandemic sluggish in 2020 Heavy equipment manufacturers in the 28 74 mining industry lament Unlocking India’s Brown fused dwindling sales, but potential alumina falls China continues to buoy India’s aluminium Low capacity utilization the industry industry starts to bounce at China’s kilns for back from the lows of brown fused alumina lockdown and looks production, driven to exploit long-term by weak demand, is potential weighing heavily on markets Global Awards for Steel Excellence 82 33 Winners 2020 Fastmarkets celebrated the awards at a digital ceremony this year. Metal Market Magazine profiles the winning entries JCB September 2020 | Metal Market Magazine | 3 The steel products we manufacture, the innovations we bring forward, and the partnerships and alliances we form protect people, house them and give them places to be together and do business. We are 100% domestic makers, and so are our suppliers. We create opportunity right here. We make community. We steward the environment. We are building the present while always looking at the future with purpose, precision and innovation. Many companies. One mission. Let’s make it here. 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Mills around the world use this stiff extrusion +1.513.422.9497 | [email protected] technology to reclaim captive value in by-products www.tmsinternational.com/EPS and improve their competitive position. © TMS International Best INGOT CASTING CONVEYORS Best for Reliability, Flexibility, Quality and Price Producing purpose made Cubes, Dab Sticks, Notch Bars, Feeder Bars in Aluminium, Copper, Zinc, Lead, De-Oxidants, Master Alloys, Pig Iron and other precious and semi-precious metals. T. MASTERS Telephone: 44 (0)121 525 5522 Established E-mail: [email protected] •1896• www.tmasters.co.uk 6 | Metal Market Magazine | September 2020 Comment Celebrating success Magazine t an online virtual ceremony held on Published by Fastmarkets. US reporters: Rijuta Dey Bera, Bill 8 Bouverie Street,London EC4Y 8AX. Beck, Michael Cowden, Robert July 23, hundreds of people joined the UK registration number: 00142215 England, Patrick Fitzgerald, Lisa digital event to hear and see the winners of Tel: +44 20 7827 9977 Gordon, James Lawrence, Michael Fax: +44 20 7928 6892 and +44 20 Roh, Liz Ramanand, Orla O’Sullivan, the Fastmarkets Global Awards for Steel 7827 6495 Muyao Shen, Jenny Stewart, E-mail: [email protected] Dom Yanchunas Excellence declared. Despite the impacts Website: www.fastmarkets.com Fastmarkets IM of the Covid-19 pandemic this year, there was no Metal Market Magazine: Industrial Minerals Editor Europe: Editor: Richard Barrett Davide Ghilotti Seema Chaudhary less excitement and delight amongst the many Associate editor: Senior Reporter: William Clarke Advertising Sales: Market Reporters: Michael Publisher: Mary Connors finalists and winners participating. Greenfield, Sybil Pan, Carrie Shi Tel: 646 274 6250 Across 24 categories, notable achievements in the E-mail: [email protected] Global senior advertising manager, Global newsdesk editor: Mark Shaw steel industry and trade, from raw material supply, Europe/Turkey: Arzu