Metallurgy news

• Iran takes action to increase steel production A consortium of the Iranian Organization for the Development and Reconstruction of Mines and Mines (Imidro) and five companies signed a memorandum of understanding to create a steel production group with a capacity of 10 million tonnes per year. The move represents a clear step forward towards... 11.07.2019  11:31

• KIOCL will increase sales of iron ore pellets to Europe Indian state-controlled iron ore pellet producer KIOCL has signed initial agreements with international trading companies Glencore and Steel Mont to sell pellets to the European market, including the UK. KIOCL is looking to increase its overseas sales in the former China markets with an initial... 10.07.2019  09:56

• USA imposes import duties on structural steel The US Department of Commerce has ruled that duties should be imposed on imports of structural steel from China and Mexico. The US Department of Commerce said yesterday that imports of structural steel made in China received subsidies ranging from 30.3 percent to 177.4 percent, while imports... 10.07.2019  09:29

• Hyundai Steel reduces sinter plant pollution Hyundai Steel will reduce air pollutant emissions from its sinter plants by more than 50 percent by 2021 through the operation of a sinter cleaning system. According to the company, the amount of pollutants emitted by sinter plants in Dangjin, South Chuncheon Province has been reduced since the... 10.07.2019  09:10

• Metinvest continues modernization of the Ilyich Iron and Steel Works In the sheet-rolling shop "1700" (LPC "1700") Ilyich Metinvest Group, Metinvest Group continues to modernize its broadband mill as part of a large investment project for the reconstruction of capacities. The final batch of the main mechanical equipment weighing more than 900 tons arrived at the... 09.07.2019  12:13

• India launches anti-dumping investigation on stainless steel imports India Launches Anti-Dumping Investigation Against Imports Of Stainless Steel Flat Products From China, South Korea, EU, Japan, USA and ten other countries. This follows from the filing of the Indian Stainless Steel Development Association (ISSDA), Jindal Stainless Limited, Jindal Stainless... 09.07.2019  11:55

• Japanese Steel Plate Exports Increase Significantly Japan's steel sheet exports rose 27.9% in May this year, according to trade statistics released by the Ministry of Finance (MOF). The export of heavy-plate products amounted to 221 thousand tons. The huge increase in exports from the previous month was mainly driven by significant increases in... 09.07.2019  11:28

• US tariffs hit domestic companies with old ovens President Donald Trump's foreign steel tariffs have accelerated the fall of some American businesses he has pledged to help. This boosted US production at a time when the global economy was cooling, undermining demand. Tariffs drove prices down, leading to a sharp rift between companies like Nucor... 09.07.2019  10:54

• Liberty Steel acquires ArcelorMittal group of factories in Europe ArcelorMittal has announced that it has completed the sale of several metallurgical assets to the Liberty House Group, representing an investment reduction package agreed with the European Commission during negotiations to acquire the Italian steel mill Ilva. Assets sold: ArcelorMittal Ostrava... 08.07.2019  11:58

• Posco continues to be wary of steel projects in India Posco officials visited Andhra Pradesh to look into the possibility of creating an integrated steel mill, but this was more of a consequence. “The government wanted Posco to consider investing in a joint venture with RINL (Rashtriya ispat nigam) and we just went to check. We have not decided on the ... 08.07.2019  10:28