Metallurgy news

• Germany postpones decision to phase out coal until February Germany has postponed until February a decision on how quickly Europe's largest economy should phase out coal-fired power plants, and whether the government should compensate utilities and help regions that may face job losses. Since coal mines are the only truly domestic resource in a country... 28.11.2018  12:46

• Leading steel producers in the first ten months of 2018 The total steel output in the first ten months of this year amounted to 1.502 billion tons. This is up 4.7% from production of 1.434 billion tonnes for the corresponding ten-month period in 2017. Steel production data of the top ten producing countries in thousands of tonnes : 1.China... 28.11.2018  12:34

• Iron ore and steel prices fell in China China iron ore futures fell nearly 6 percent and steel prices fell to their lowest level in nearly five months on Monday, as concerns over weaker steel demand triggered a sell-off and coking coal and ore raw materials also fell sharply. Steel traders are not restocking on concerns that demand... 27.11.2018  13:04

• North American steel production up 5.5% Annual steel production in North America rose 5.5% in October this year over the same period last year, according to recent production statistics released by the World Steel Association (worldsteel). During the first ten months of this year, a 3.6% jump was recorded in the regional market. North... 26.11.2018  10:25

• WTO decides to investigate US tariffs on steel and aluminum The World Trade Organization (WTO) has agreed to set up teams within its Dispute Settlement Body (DSB) to decide whether US tariffs on steel and aluminum imports comply with WTO rules, a spokesman in Geneva said. China and the European Union (EU), along with Mexico, Norway, Russia, Canada and... 26.11.2018  10:15

• China's iron and steel industry maintains robust growth The Chinese metals industry maintained a robust pace of growth, posting notable increases in both operating income and profits from January to September. Statistics from the Ministry of Industry and Information Technology showed that the industry's total core operating income grew 14 percent... 26.11.2018  10:07

• World Steel Association: October 2018 Steel Production Increases 5.8% World steel production from 64 countries reporting to the World Steel Association (worldsteel) was 156.6 million tonnes in October 2018, up 5.8% from October 2017. Steel production in China in October 2018 amounted to 82.6 million tons, which is 9.1% more than in October 2017. India produced 8.8... 24.11.2018  12:11

• Ukraine in the world ranking of iron and steel producers for 10 months of 2018 According to the Worldsteel World Organization, for 10 months of 2018, metallurgical enterprises of the countries of the world produced 1105.05 million tons of pig iron, of which 1,035.62 million tons by blast furnace method and 69.43 million tons by direct reduction. This is 2.13% higher than the... 24.11.2018  12:04

• JSW Steel Prepares for Karnataka Iron Ore Deficit Indian state-owned NMDC is expected to raise iron ore prices at electronic auctions held in the state due to the suspension of production at one of its largest iron mines in Domalimal in Karnataka. The move could distort the operations of more than 20 small and medium-sized steel plants with an... 23.11.2018  11:22

• Nippon Steel maintains lower prices The largest steel mill in Japan, Nippon Steel & Sumitomo Metal Corp, is poised for a weaker steel market in Asia because the escalating Sino-American trade war could reduce steel demand in China and Southeast Asia, the company's senior executive said. The biggest uncertainty is how steel demand... 23.11.2018  10:28