Metallurgy news

• Iron ore production on the rise in Peru Peru increased its iron ore production year on year in the first half of 2018. “Iron production growth in the first half of the year was supported by good results from January to May, which helped contain the -23.6% drop in June. The decline was due to a drop in the productivity of CPS1's mining ... 01.08.2018  13:19

• EU restricts Ukrainian steel exports The mining and metallurgical complex of Ukraine is under severe pressure from protectionist measures from the United States and the EU. Ukraine is a metallurgical exporter of about 85% of all manufactured metal products, and only 15% is supplied to the domestic market. Most countries give... 01.08.2018  13:13

• US Steel Imports Down 16% Between May-June The US imported a total of 2.48 million tonnes of steel in June, according to the American Iron and Steel Institute. This figure includes 1.84 million tonnes of finished steel products, down 15.5% from May's final data. Annual steel imports in the first six months of 2018 decreased to 17.8... 01.08.2018  12:56

• Asia accounts for nearly 71% of global steel production In June of this year, the production of Asian crude steel was 107.378 million tons, which is significantly higher by 6.9% compared with the volume of production in the same period last year. In June 2017, regional production totaled only 100.458 million tonnes. Total production in the first six... 30.07.2018  11:04

• US steel industry benefits from trade war The trade war unleashed by the administration of President Donald Trump worries a large part of the American industry, but only the steel industry has the potential to make record profits. The tariffs imposed by the United States on imported steel boosted the price of rolled steel, which... 30.07.2018  10:40

• Results of metallurgical production in Ukraine for the first half of the year During the first half of 2018, Ukrainian metallurgical enterprises produced 9.25 million tons of rolled metal, which is 5% higher compared to the same period in 2017, of which 7.82 million tons were exported, which is 84.6%. This roughly corresponds to the same period in 2017, when the share of... 29.07.2018  12:43

• Steel price rise in China to five-year level Steel prices in China rose 1.7 percent on Friday to their highest level since 2013, boosted by strong demand and expectations of a decline in production following pollution in the country's upper manufacturing centers. The most active rebar contract on the Shanghai Futures Exchange added 1.7... 28.07.2018  12:09

• In the first half of 2018, Zaporizhstal allocated UAH 1.9 billion to the budget According to the results for the first half of 2018, Zaporizhstal became one of the 100 largest taxpayers. In the first half of 2018, large taxpayers of the Zaporizhzhya region allocated more than UAH 7.5 billion to the budgets. For the first six months of this year, Zaporizhstal transferred... 28.07.2018  12:03

• Hyundai Steel Increases Profit From High Quality Rolled Steel Sales Hyundai Steel Co., South Korea's second-largest steel company in terms of sales, said Friday that its second-quarter net profit jumped 37 percent on high-quality product sales. Net income for the April-June quarter rose to 177 billion won (US $ 158 million) from 138.5 billion won a year earlier,... 28.07.2018  11:57

• Global steel production rose nearly 6 percent in June World steel production in 64 countries representing the World Steel Association (worldsteel) was 151.4 million tonnes in June 2018, up 5.8% from June 2017. Global steel production was 881.5 million tonnes in the first half of 2018, up 4.6% year-on-year. Asia produced 613.9 million tonnes of... 27.07.2018  12:18