Metallurgy news

• China still produces more than half of the world's steel There is no doubt about which country is the largest steel producer in the entire world. And this diagram graphically depicts the situation of global steel production. According to the World Steel Association, China accounted for 51% of all global steel production between 2018 and August. For... 11.10.2018  10:07

• European steel market counts on protection from imports from Canada and Egypt European market participants expect Canada and Egypt to be the next countries to take protective measures on steel imports. This will have implications for trade with the EU, and some expect similar measures that have already been introduced by the EU and Turkey. Canada may also launch... 11.10.2018  09:58

• Dneprospetsstal 86 years Today the Dneprospetsstal trademark is widely known in the world market and enjoys a well-deserved reputation among consumers and specialists. All these years the plant has been and remains the leader in the metallurgy of special steels and alloys in Ukraine. On October 10, the plant turns 86 years... 10.10.2018  13:01

• India became the largest importer of coking coal India's coking coal imports rose 26% year-on-year in the first half of 2018 to 28 million tonnes, while steel production rose 8.8%. Australia's share of India's coking coal imports fell from 90% in 2017 to 75%. The Indians turned to the US and Canada as alternative suppliers, with imports more than... 10.10.2018  11:39

• ArcelorMittal Kryvyi Rih increased production PJSC "ArcelorMittal Kryvyi Rih" completed the planned restoration of blast furnace No. 7, due to which the production of pig iron increased to 16 thousand tons per day, and by mid-October it will increase to 17 thousand tons. Investments in the renovation of the blast furnace amounted to almost... 10.10.2018  10:43

• Production results of the Dneprospetsstal plant in September 2018 In September 2018, PrJSC Electrometallurgical Plant DNEPROSPETSSTAL named after I. A.N. Kuzmina ”smelted 19,343 tons of steel, which is 7.9% less than last month. During the reporting period, 13,229 tons of rolled metal were produced, which is 5.7% less than in August 2018. The total cost of p... 09.10.2018  12:19

• Steel makers demand dumping measures The Federation of Thai Industries (FTI) is calling on the government to expedite new measures to protect local steelworkers after Chinese supplies become a major concern. The backlash came after China launched a new tax incentive structure for up to 397 items, including 85 steel products such as... 09.10.2018  11:55

• Russia continues to increase steel exports Russian exports of ferrous metal products increased on an annualized basis in January-August, while the volume of exports of raw materials changed in the other direction. Exports of steel products in August remained at 2.47 million tons, but increased by 14.3% year on year. Steel exports for the... 09.10.2018  11:42

• Nord Stream 2 has almost guaranteed funding According to Alexei Miller, General Director of Gazprom, the Nord Stream 2 gas pipeline has already provided 70% of the financing, which is in line with the schedule. However, the head of the Russian giant did not say how much the construction of the gas pipeline would cost. According to experts,... 08.10.2018  13:03

• The iron ore market directly depends on the environmental policy of China In contrast to the volatility experienced by many commodities, iron ore prices have declined over the past seven months and are hovering in a narrow range. A shift in China's winter pollution reduction strategy could wake up iron ore prices, but it is far from clear how much they could... 08.10.2018  11:51