Metallurgy news

• World stainless steel production increased by almost 10% Stainless steel production statistics released by the International Forum (ISSF) show a significant jump in global metal production during the first three months of 2018. Stainless steel output rose 9.5% year over year during the first quarter of this year. Over the previous quarter, production... 11.07.2018  11:30

• JSW Steel increases production of steel products India's private steel sector, represented by JSW Steel, is ramping up production of long steel products to meet demand for government-funded infrastructure projects. The company's steel sales increased 16% to 3.55 million tonnes in the 2017-18 fiscal year ended March 31 from 3.06 million tonnes in... 11.07.2018  11:09

• New interim EU tariffs due to take effect next week The European Commission has confirmed that member states, meeting last week to discuss possible new tariffs on steel imports, have provided "... overwhelming support" to the commission's plan. The new interim measures are due to take effect next week. They must include a 25% duty after the quota... 10.07.2018  09:55

• Production results of metallurgical enterprises of Ukraine for the first half of the year In June 2018, the mining and metallurgical industry of Ukraine smelted 1.63 million tons of pig iron and 1.67 million tons of steel. Pig iron production is 3% higher compared to May 2018, steel output was 2% lower. The output of rolled products decreased by 2% to 1.52 million tonnes. In the... 10.07.2018  09:42

• Job cuts to come at the largest platinum mine Impala Platinum Holdings Ltd., the world's second largest platinum producer, has already cut 2,500 jobs in the year to June and says there could be more cuts by the end of the year. Only 3 out of 10 mines in the aging mining complex have made money since March. Since then, the situation has only... 10.07.2018  09:28

• Rising coal prices boost Australia's export earnings A new commodity report released by the National Bank of Australia predicted an average coal price this year of US98 ($ 132.50) this year, up 12 percent from last year. Coal prices in Newcastle have risen more than 40 percent in a year, reaching their highest level in seven years, but the... 09.07.2018  11:16

• Turkey's steel production rises in the first 5 months of 2018 Turkey's steel production in the first five months of this year rose 4.3 percent to 15.9 million tonnes, the Turkish Steel Producers Association (TCUD) said on Saturday. In May, Turkey's steel production rose 0.5 percent year-on-year to 3.3 million tonnes. Turkish steel exports fell 3.9... 09.07.2018  11:06

• Metals Markets Prepare for New Global Disorder Donald Trump's attempts to rebalance global trade have already plunged the metals world into chaos. As countries react to US tariffs and sanctions, unrest will escalate. The next steps may be more dramatic, as the US and China are engaged in a trade battle that could involve hundreds of billions in... 08.07.2018  13:28

• Trouble at the largest steel mill in Poland The technical condition of blast furnace No. 3 at the Arcelor Mittal Poland metallurgical plant in D Домbrowa threatens the health and lives of employees. Since tragedies may continue in the future, trade unions are sounding the alarm. According to the company, there is no threat and union ac... 07.07.2018  09:57

• Mechel extends contract for the supply of Baosteel coal in China until 2019 Mechel, one of the leading Russian mining and metals companies, announces the extension of its cooperation agreement with Baosteel Resources, which is part of China's largest steel company, China Baowu Steel. The agreement marks a long-term reliable cooperation between the two parties based on... 06.07.2018  14:03