Metallurgy news

• Trump announces Turkey double duty on aluminum and steel US President Donald Trump on Friday stepped up his standoff with Turkey by imposing higher tariffs on metal imports, putting unprecedented economic pressure on a NATO ally and deepening turmoil in Turkey's financial markets. Criticizing the state of U.S. relations with Ankara, Trump announced on... 11.08.2018  11:20

• Russian Evraz increased basic income for the first half of the year Russia's Evraz, the country's second-largest steelmaker, said Thursday that its core income rose 65.5 percent in the first half of 2018 to $ 1.906 billion from $ 1.152 billion in the same period last year. According to the company, revenues rose 24.2 percent over the same period last year to $... 10.08.2018  12:54

• The Impact of China's Policy on the Iron Ore and Steel Market China is preparing for winter. Last week, the Chinese government announced another round of heating season capacity cuts for its heavy industry, designed to cut emissions and improve air quality in the northern provinces. Steel raw materials such as iron ore and coke have been mobilized since the... 10.08.2018  11:38

• Steelworkers in Europe completely revive the industry After years of decline, European steelmakers are returning to pre-crisis levels of production growth. They hope that the wound inflicted on the metals industry by the 2007/8 global crisis, after which the industry has long struggled to recover, will finally heal completely. Steel demand in... 09.08.2018  10:51

• Nippon Steel JV Started Manufacturing High Strength Automotive Steel Products Japanese steel company Nippon Steel & Sumitomo Metal Corporation (NSSMC) has formed a joint venture with Indonesian PT Krakatau Steel (Persero) Tbk. The joint venture PT Krakatau Nippon Steel Sumikin (KNSS) began commercial production of automotive sheet steel products at the end of July this year.... 09.08.2018  10:44

• Dneprospetsstal: production results in July 2017 In July 2018, PrJSC Electrometallurgical Plant DNEPROSPETSSTAL named after I. A.N. Kuzmin ”delivered 20 392 tons of steel, which is 1.9% higher than the level of the previous month. During the same period, the Company produced 12,924 tons of rolled metal, which is 6.9% less than in June 2... 09.08.2018  10:06

• Russian "Rusal" closes Nadvoitsky plant due to US sanctions Russian Rusal, the world's largest aluminum producer outside China, has begun shutting down production at one of its smaller plants as a result of US sanctions against the company, Rusal officials said on Monday. Operations at the Nadvoitsky aluminum smelter in Russian Karelia cannot continue as... 08.08.2018  12:41

• Steel prices in Germany in anticipation of the rise In September, German distributors and manufacturers expect steel prices to rise in August, while inventories are expected to remain largely stable, according to a survey by S&P Global Platts. The price movement index increased significantly from 68.2 in July to 73.1 this month (50 means... 08.08.2018  11:27

• Production of rolled metal products in Turkey increased by 9% According to the Turkish Association of Iron and Steel Producers, production of finished steel in Turkey in the first half of 2018 increased by 9% to 20.5 million tonnes per year. In the first half of 2018, steel production increased by 0.6% to 12.6 million tonnes, and sheet steel output... 08.08.2018  11:17

• BHP Billiton makes concessions ahead of strike at Escondida mine On Monday, August 6, the metal in the LME lost 1.2 percent. up to $ 6,133 per ton. Today copper on the London LME metal exchange is priced flat at around $ 6,127 per tonne. Investors' attention is drawn to the world's largest copper mine in Chile - Escondida. The owner, BHP Billiton, a few... 07.08.2018  11:43