Metallurgy news

• US Automotive Import Tariffs Will Destroy New USMCA Deal Several automotive groups have warned that the introduction of tariffs on auto and parts is likely to undermine the new US-Mexico-Canada Agreement (USMCA). This is in line with the testimony of the auto trade groups at the hearing on the new deal, which should replace the NAFTA deal. The... 19.11.2018  09:32

• Open-air museum of mining equipment opened in Kryvyi Rih The General Director of PJSC ArcelorMittal Kryvyi Rih, the Ambassador of Belarus to Ukraine and the Mayor of Kryvyi Rih have opened a museum of mining equipment. The open-air museum of mining equipment for all residents and guests of the city. Its opening was attended by the Ambassador of the... 19.11.2018  09:28

• BHP highlights details of Pilbar train wreck The BHP statement detailed the results of a preliminary investigation into the derailment of a train in Pilbar, but raised additional questions about the incident. Several crashes followed . Initial data indicate that the emergency air brake for the entire train was not activated as required... 19.11.2018  09:21

• Good news for Australian miners Positive trends this year include a growing international metallurgical coal market, especially in Asia, and Australia is well positioned to meet demand. More than 40% of Australia's coal is expected to come from new mines in 2040. A new World Energy Energy report also says that increased... 16.11.2018  12:37

• Turkish exporters oppose "state subsidized" imports from Iran The Turkish Steel Exporters Association (CIB) has called for measures to protect against what it believes to be state-subsidized rebar exports from Iran to Turkey. Steel production in Iran has grown rapidly in recent years to the point that Turkey is now threatening, according to the CIB.... 16.11.2018  12:21

• ArcelorMittal Kryvyi Rih invested 349 million dollars in production development During 10 months of 2018, PJSC ArcelorMittal Kryvyi Rih invested $ 349 million in the development of production, including capital investments of $ 271.3 million, operating investments - $ 77.4 million. The main part of capital and operating expenses is directed to the renewal and development of... 16.11.2018  12:08

• Steel production in India increased by 5.2% YTD Indian steel production rose 5.2% during the opening seven-month period of the current fiscal year. According to Mr. Sushim Banerjee, managing director of the Institute for Steel Development and Growth (INSDAG), production was 61.1 million tonnes between April 18 and October 18, up 5.2% from the... 15.11.2018  12:22

• Record steel production in China China's steel production in October reached a record 82.55 million tons, up 9.1% from the corresponding month last year, data released by the National Bureau of Statistics showed on Wednesday. The annual growth rate in September is 7.5%. Daily smelting in October reached the level of 2.663... 15.11.2018  12:13

• Tata Steel's net profit tripled Tata Steel Ltd reported more than threefold growth in net income in the second quarter, easily outperforming market valuations, boosted by strong sales in India. Net income was Rs 31.16 billion (USD 428.79 million) in the second fiscal quarter ended September 30. Then, as a year earlier, the... 15.11.2018  12:05

• Brazilian Pig Iron Export Prices Maintain Stable Outlook Brazilian pig iron export prices began to flatten due to poor demand, mainly in the US and Mexican markets. However, the onset of the country's rainy season in early November could provide some price support as production declines. According to the sources, the average export price of pig iron... 14.11.2018  11:02