Metallurgy news

• NLMK expands cooperation with transformer manufacturers Russian steelmaker NLMK Group signed long-term strategic partnership agreements with leading manufacturers of transformer components: Enpay (Turkey), KRYFS (India) and National Material Company (NMC, USA). The agreements mean that NLMK Group will regularly supply transformer steel from its... 26.09.2018  12:28

• World steel production increased by 2.6% According to data published by the World Steel Association (worldsteel), the world produced 151.7 million tons of steel in August 2018, an increase of 2.6%. Steel production in China rose 2.7% from August last year to 80.3 million tonnes, while India produced 8.8 million tonnes, up 3.7% from... 26.09.2018  12:20

• Outotec mining company to exit Iran Finnish mining company Outotec, a global leader in the supply of technical solutions for the mining and processing and metallurgical industries, will withdraw from Iran due to new US sanctions, a company spokeswoman said on Monday. Outoteс builds factories, manufactures equipment and offers ... 26.09.2018  11:11

• Results of rolled metal production in Ukraine For 8 months of 2018, the metallurgical sector of Ukraine produced 12.27 million tons of rolled metal, which is 4% higher compared to the same period in 2017. During the reporting period, about 10.1 million tons of rolled metal were exported, which is more than 82% of the total volume. This is... 25.09.2018  12:50

• Steel tariffs receive overwhelming public support in the US A recent poll conducted on behalf of the Alliance of American Manufacturing, The Mellman Group, Inc., indicates that 63% of the 2018 electorate support Chinese tariffs or give them more time. The survey was conducted from August 28 to September 9, 2018. According to the survey, nearly 33% of... 25.09.2018  10:18

• Tata Steel signs agreement to acquire steel business of Usha Martin Tata Steel Limited announced that it has entered into a definitive agreement to acquire the steel business owned by Usha Martin Limited. The acquisition is part of the company's strategy to expand its range of rolled metal products. The deal relates to the acquisition of the steel business,... 25.09.2018  09:54

• Japanese steel production rises in August Steel production in Japan rose 0.9 percent in August from the previous year to 8.81 million tonnes, an industry body said Friday, which said it would resume production at factories located in areas where in July heavy rains were observed. Steel prices have surged on solid product growth from... 25.09.2018  09:29

• Russia estimates its losses on steel and aluminum tariffs Russia estimates its losses on steel and aluminum tariffs Russia estimates its losses on US steel and aluminum tariffs at $ 600 million. In July, Russia asked the World Trade Organization (WTO) to consult with the United States on the duty imposed by Washington on steel and aluminum. Russia... 24.09.2018  10:02

• New rebar line starts operations in Mexico Ramos Arizpe Mexico plant announces the successful launch of a new line built by leading Italian equipment manufacturer Danieli. In a press release, the company noted that 500,000 tonnes of rebar per year will be produced on the new line. The rolling mill reached almost 70% of its maximum... 24.09.2018  09:57

• Russia estimates its losses on steel and aluminum tariffs Russia estimates its losses on US steel and aluminum tariffs at $ 600 million. In July, Russia asked the World Trade Organization (WTO) to consult with the United States on the duty imposed by Washington on steel and aluminum. Russia says US duties of 25% and 10% on steel and aluminum... 24.09.2018  09:43