Metallurgy news

• WTO supports Turkey's claims for unfair tariffs An appeal by Turkey, initiated in early 2017, challenging countervailing duties (CODs) imposed by the United States on imports of certain pipes from Turkey, was upheld by the World Trade Organization (WTO) Dispute Settlement Commission. The dispute concerned duties imposed by the US Department... 23.12.2018  09:52

• Chinese steel prices hit 5-week high Steel prices in China hit a five-week high on Thursday amid expectations of higher demand as the government takes steps to bolster the economy and fears that supply may shrink as winter production holds back volumes. Construction demand outlook was supported as two cities in China eased... 21.12.2018  12:18

• Turkey surpasses 2018 steel export target The sharp decline in US exports is largely due to the high tariffs imposed by the Trump administration. A statement released by the Turkish Steel Exporters Association (CIB) indicates that the country surpassed the full 2018 steel export target in the first eleven months of the year. Exports... 21.12.2018  12:02

• World Steel Association: November 2018 steel production up 5.8% Global crude steel production for 64 countries reporting to the World Steel Association (worldsteel) was 148.6 million tonnes in November 2018, up 5.8% from November 2017. Steel production in China in November 2018 was 77.6 million tonnes, an increase of 10.8% compared to November 2017. In... 21.12.2018  11:24

• Japanese steel industry expects production to rise next year According to the Japan Iron and Steel Federation, crude steel production in Japan, starting in April 2019, may increase slightly over the current fiscal year due to continued demand from infrastructure in the country. Steel production for the current fiscal year ending in March is expected to... 20.12.2018  11:08

• Challenges for Ukrainian metallurgy The surplus global steel capacity is estimated at hundreds of millions of tons and increases competition in the global market every year. Despite their gradual closure, for example in China and in other countries of the world, the situation does not change dramatically. On the other hand, highly... 20.12.2018  10:56

• Global demand for coal will remain stable until 2023 While global demand for metallurgical and thermal coal looks set to rise for the second straight year in 2018, it is forecast to remain stable over the next five years as declines in Europe and North America are offset by strong growth in India and South -East Asia. latest report from the... 20.12.2018  10:46

• Philippines to maintain moratorium on new mining projects The Philippine Mining Coordinating Council (MICC), a government commission that oversees the country's 41 mines, has postponed a recommendation to lift a six-year moratorium on new mining projects, the Treasury Department said in a statement on Tuesday. Let's remind: • In 2012, the government i... 19.12.2018  10:20

• Steel production in the USA increased by 13% Steel production for the current year was 91.294 million tonnes prior to the week ending December 15, 2018. Domestic weekly steel production increased significantly from the prior year for the week ended December 15, 2018. This is in line with the latest production statistics published by the... 19.12.2018  10:12

• Exports of Chinese steel in November decreased by 4% Meanwhile, China's steel imports fell more than 7% month-on-month to 1.057 million tonnes in November 18. The latest trade data released by China's General Administration of Customs indicate a marked decline in the country's steel exports in the month of November this year. Exports amounted to... 19.12.2018  10:05