Metallurgy news

• Prices for rolled metal in the coming months will be firm Ugur Dalbeler, CEO of Turkish metallurgical company Colakoglu Metalurji, said that "prices will be solid in the coming months" and he is optimistic about the outlook for 2019, even when tariffs and trade barriers are in place around the world. Dahlbeler said this while speaking with S&P Global... 17.10.2018  12:03

• Vale Iron Ore Mining Increases Significantly In Q3 Brazilian miner Vale said Monday that third-quarter iron ore production reached a record 104.9 million tonnes, up 10.3% year-on-year. This is reflected in a new report on iron ore and pellets sales of 98.2 million tonnes in the third quarter, up 4.7 million tonnes from the previous quarter in... 17.10.2018  10:48

• ArcelorMittal Kryvyi Rih carries out ecological reconstruction PJSC "ArcelorMittal Kryvyi Rih" this year will continue to implement the project to modernize the sinter shop No. 2. The total cost of the investment project is more than $ 150 million. Now, out of six sintering machines in the workshop, two have been modernized: 5 and 6 - investments in them... 16.10.2018  11:22

• Liberty Group Announces Acquisition of European Steel Mills from ArcelorMittal The UK-based Liberty House Group, a member of the GFG Alliance, has received conditional consent to acquire four integrated steel facilities from ArcelorMittal. The properties are part of the properties that ArcelorMittal has agreed to sell as part of the EU approval for the acquisition of Ilva... 16.10.2018  10:25

• Japan and Thailand benefit the most from US steel tariff exemptions In Japan and Thailand, more than 500 thousand tons of imports were exempted from tariffs. Steel imports from Japan and Thailand, according to a Financial Times analyst, significantly influenced the Trump administration's 25 percent tariff exemptions. The publication found that as of 20 August,... 16.10.2018  10:16

• Canada offers 25% tariffs on steel imports The new security measures will cover seven types of imported metal products. The Canadian government has announced its decision to impose a 25% tariff and quotas on steel imports from selected countries, including China and Turkey, in an attempt to limit the flow of steel imports. Specific... 12.10.2018  13:03

• Severstal announces an increase in steel production Russian steelmaker Severstal, one of the country's largest steel producers, said Thursday that crude steel production rose 2% quarter-on-quarter to 3.06 million tonnes. Steel sales were 2.71 million tonnes, down 5% from the previous quarter. This was due to short-term repair work on the rolling... 12.10.2018  12:59

• US unfairly accused POSCO of subsidizing hot rolled steel sheets The US imposed a high tariff on Dong-A Steel Co's Korean steel pipes, accusing it of subsidizing POSCO steel sheets used to make pipes. The United States re-imposed a high tariff on Korean steel products, mistakenly, according to POSCO, after finding problems in hot rolled steel sheets. But, last... 12.10.2018  12:18

• Zaporizhstal shared its experience in the environmental modernization of the plant An innovative testing ground for the implementation of Building Information Modeling (BIM) was held in Kiev, which brought together participants from all over Ukraine. Alexey Lebedev, Director for Capital Construction and Investments, spoke about the achievements of the Zaporizhstal plant in... 12.10.2018  11:11

• US Steel Mills Shipments Rise Significantly Cumulative US steel shipments during the initial eight-month period of 2018 increased 4.6% year-on-year to 63.657 million tonnes. Steel shipments by American factories have increased significantly during August this year, according to the latest statistics released by the American Iron and Steel... 11.10.2018  10:26