Metallurgy news

• Chinese steel fell in price to a monthly low Amid concerns over rising supply of rebar futures in Shanghai, steel prices fell to their lowest level in a month on Thursday, driven by expectations that supply will rise as mills increase production amid softer production restrictions in the winter. China Steel and Steel Association data... 09.11.2018  11:10

• Dneprospetsstal: production results in October 2018 In October 2018, PrJSC Electrometallurgical Plant DNEPROSPETSSTAL named after I. A.N. Kuzmin ”delivered 21,968 tons of steel, which is 13.6% more than last month. During the same period, the Company produced 12,837 tons of rolled metal, which is 3.0% less than in September 2018. The total cost o... 09.11.2018  10:29

• Interpipe expands supplies of railway tires to foreign markets The Ukrainian industrial company Interpipe plans to begin serial deliveries of bandages to the CIS countries from the 4th quarter of 2018. The bandages will be used to repair locomotive wheelsets. For the past few years, the main market for the Company's bandage products has been Ukrainian... 09.11.2018  10:25

• Zaporizhzhya Iron Ore Plant denies information about the contamination of the territory of the Kirillovskaya OTG In a number of media outlets there was information about the contamination of the territory of the Kirillovskaya OTG by the mine waters of Zaporizhzhya Iron Ore Combine. The press service of PrAT "ZZhRK" informed about the real situation with the diversion of mine waters of the enterprise, which,... 09.11.2018  09:56

• Poland's metallurgy faces high electricity prices The steel industry in Poland has theoretically good conditions for progress - the market is growing and consumption is growing too. But, if the situation on the world market allows breathing freely, then the problems are provoked by the EU rules and the indifference of the Polish government. Poland... 08.11.2018  11:59

• US blames China and India for unfair welded pipe trade The US Department of Commerce said China and India subsidized large diameter welded steel pipes supplied to the United States. The department found that the two countries were selling pipes below fair value at rates ranging from 50.55 to 132.63 percent. In August, the US Department of... 08.11.2018  11:18

• Low Automotive Steel Demand Impacts Voestalpine Profits Austrian steelmaker Voestalpine's net profit fell 19 percent in the first half of the year, driven largely by lower demand for steel from automakers, maintenance work on its largest blast furnace and an unplanned closure of its US plant. Net income for the six months to September was € 316.2 m... 08.11.2018  09:12

• Brazil Considers Anti-Dumping Duties on Chinese Seamless Pipes Brazil has launched an official review of anti-dumping duties on imports of seamless steel pipes from China, according to a document from the local foreign trade secretariat of the Brazilian Ministry of Industry. The Brazilian authorities note that there is sufficient evidence of damage to the... 07.11.2018  09:33

• WTO supports Japan on protective duties on India's steel imports The Dispute Panel of the World Trade Organization (WTO) has largely supported Japan's complaint about the guarantee duty imposed by India on steel imports over two and a half years, the ruling said Tuesday. The decision, which can be appealed by both sides, says India has violated WTO rules and... 07.11.2018  09:16

• SSAB invests heavily in Alabama Steel Plant Swedish steel company SSAB plans to invest up to US $ 100 million in steel operations at its Mobile, Alabama plant. The goal is to increase production capacity for value-added high-strength steels, improving operational efficiency and reducing raw material costs. The planned improvement works... 07.11.2018  08:59