Metallurgy news

• In Ukraine initiated an investigation into the import of rolled metal products from China The Interdepartmental Commission on International Trade (ICMT) has initiated an anti-dumping investigation into the import of coated carbon steel products from China to Ukraine. According to the message in "Uryadov Courier" on December 19 of this year, the decision to initiate an investigation... 22.12.2020  12:26

• Steel prices in China will rise in 2021 China's domestic steel market will see higher prices in 2021, especially in the first half of the year, given the possibility of a relatively tight supply-demand balance on December 19, according to a discussion at the annual Mysteel Summit in Shanghai. Raw material prices will also support the... 22.12.2020  12:03

• Britain may challenge Singapore's status as a global transport hub As the Brexit issue gradually cleared up, the UK was no longer bound by EU rules and could negotiate its own trade agreement. Therefore, it was proposed to develop a delivery system. The UK is reforming its taxation and oversight practices to attract more merchant ships, according to a British... 21.12.2020  11:48

• Brazil Steel Prices May Rise Again In January According to Credit Suisse analysts, it is possible that in January the Brazilian market will see another rise in flat steel prices from 10% to 15%. Analysts say Brazilian steelmakers are using recent increases in international steel benchmarks, such as high raw material costs with iron ore... 21.12.2020  11:45

• Nippon Steel Corporation and Rio Tinto Sign Memorandum of Understanding ippon Steel Corporation, the largest steel producer in Japan, and Rio Tinto, the world's leading mining and metals company, have signed a Memorandum of Understanding (MoU) to jointly explore, develop and demonstrate technologies to move towards a low carbon steel value chain. Nippon Steel and... 21.12.2020  11:44

• Steel price growth will stop in three months - Severstal Severstal predicts that the rise in world steel prices will continue for about three more months, says CEO Alexander Shevelev. “I believe that the shortage in the steel market will soon lead to higher prices,” says Shevelev. “However, sooner or later the market must balance: the deferred demand ... 18.12.2020  09:53

• EU introduces AD duty on steel imports from Turkey An anti-dumping investigation by the European Commission (AD) confirmed that imports of Turkish hot rolled coils (HRC) were dumped. Thus, the products in question will be charged a preliminary AD rate in the range of 4.8-7.6%. This AD investigation was initiated on May 14, 2020 and will end... 18.12.2020  09:51

• Results of work of the MMC of Ukraine for 11 months of 2020 In January-November 2020, metallurgical enterprises of Ukraine manufactured: - agglomerate - 28.99 million tons (101.9% compared to the same period in 2019); - gross coke (6% wet) - 8.82 million tons (94.9%); - pig iron - 18.59 million tons (100.7%); - steel - 18.71 million tons... 17.12.2020  10:41

• China's Average Daily Steel Production Statistics for November According to statistics released by the National Bureau of Statistics of China (NBS), the average daily crude steel production in China in November was about 2.92 million tons. In addition, in the reporting period, the average daily production of pig iron amounted to 2.4 million tons, steel -... 17.12.2020  10:37

• US Steel will fully acquire Big River Steel United States Steel Corporation (US Steel) has announced the acquisition of the remaining shares of Big River Steel, an electric arc furnace (EAF) plant in America, to fully own the newest and most advanced sheet metal producer in North America. The deal is expected to be completed in the first... 17.12.2020  10:23