Metallurgy news

• The interweaving of the US scrap metal markets and Turkey's rolled metal markets Given that one country is the world's largest exporter of scrap metal and another is the world's largest importer of scrap metal, the United States and Turkey seem inextricably linked. Market dynamics and perhaps even the forced intervention of American scrap metal dealers and Turkish steel... 17.08.2018  12:13

• ArcelorMittal Poland builds new electrostatic precipitators ArcelorMittal Poland's Donbrowa Gornicza office is undertaking further projects that will reduce the plant's environmental impact. We are talking about the construction of three electrostatic precipitators, including one for the transshipment point of coke and iron ore. Investments in the amount of... 17.08.2018  11:20

• ArcelorMittal Announces Resumption of Expansion Project in Brazil ArcelorMittal is set to resume a $ 330 million expansion project at its Vega plant in the Brazilian state of Santa Catarina. Expansion plans were put on hold in 2011 following the country's recession. The plant mainly produces specialized grades of steel for automotive, construction and household... 16.08.2018  11:27

• Steel imports in Europe do not decline despite anti-dumping measures The chronic and cumbersome anti-dumping procedure in the European Union is still not very effective. True, over the past ten months, the pressure of steel from China and Russia has decreased, but the data indicate growing imports of rolled metal products from India and Turkey. This is further... 15.08.2018  13:37

• US hot rolled steel prices plunge to lowest level since June 1 Hot rolled steel prices in the United States fell to their lowest level since June 1, as mill prices decline and buyers hold on to limited orders. The daily US hot rolled coil price fell $ 7.25 to $ 894. Decrease in HRC to its lowest level since June and 2.9% from July highs. Suggestions may... 15.08.2018  12:01

• Vladimir Putin will come to Germany for talks with Angela Merkel Russian President Vladimir Putin will arrive in Germany on August 18 for talks with Chancellor Angela Merkel on the war in Syria, the situation in eastern Ukraine and the Nord Stream 2 gas pipeline, said German government spokesman Steffen Seiber. Putin's previous meeting with Merkel took place... 14.08.2018  11:11

• US tariffs fail to disrupt market terms of trade The United States intends to impose 25 percent tariffs on an additional $ 16 billion of Chinese goods by August 23, adding to the $ 34 million already passed since July 6. China will respond with 25 percent tariffs on US $ 16 billion in goods as the trade dispute between the world's two largest... 14.08.2018  10:30

• Oleg Diripaska gets rid of En + shares to avoid US sanctions “Russian oligarch Oleg Diripaska agreed to sell 35 percent. shares of the En + group to free the company from the sanctions imposed in April 2018, ”writes the British newspaper Financial Times. According to the proposal, which was passed to the US regulator, Oleg Diripaska will reduce his stake i... 14.08.2018  10:06

• US increased tariff for Korean galvanized sheet The United States raised tariffs on Korean galvanized steel sheets in a preliminary ruling. There is still a possibility that the US will further increase the tariff in the final decision in the future. The US Department of Commerce has imposed a preliminary 10.32 percent tariff on Hyundai... 13.08.2018  10:35

• Indian steel production up 6% in July Steel production in India rose six percent in July 2018 to 8.73 million tonnes, according to official figures. In the same month a year ago, the country produced 8.22 million tons of steel. Pig iron output rose 9 percent to 0.49 tons from 0.45 tons in July 2017. Metal output amounted to 5.94... 13.08.2018  10:29