Metallurgy news

• EU restricts steel imports EU countries supported the introduction of measures to restrict steel imports, having voted on Thursday to introduce temporary measures to restrict steel imports proposed by the European Commission to the Community, EU spokesman Daniel Rosario said. “Now the task of the Commission will be to c... 06.07.2018  13:58

• Trade trend between China and the United States The result of serious research into US steelmaking should encourage Chinese companies to use the US legal system to resolve disputes. This is the appraisal of one attorney from Beijing at a US law firm that helped successfully defend Chinese steel companies under investigation by the US Trade... 05.07.2018  10:32

• Imported steel in the US is still doing well The introduction of 25 percent tariffs on steel imported into the United States pushed local producers to increase prices. They have grown so much that, despite the tariffs, American steel is again more expensive than imported steel. According to MEPS International, flat steel prices in the... 05.07.2018  09:59

• Metinvest Receives Gold for Innovation at SAP Quality Awards 2018 Metinvest Group became the gold medalist of the SAP Quality Awards 2018 for the best innovative project among the countries of Central and Eastern Europe. The SAP Quality Awards is an international competition for the title of the best project of the year, which has been held by SAP, a German... 04.07.2018  12:38

• Interpipe invested $ 8 million in the construction of a pipe finishing line The Ukrainian industrial company INTERPIPE has begun pilot operation of a new line for finishing pipes at the INTERPIPE NIKO TUBE plant in Nikopol (Dnepropetrovsk region). $ 8 million was invested in its creation. The additional capacity will increase production of line pipes for export markets and... 03.07.2018  18:59

• Steel prices are falling in China China's steel and iron ore futures fell on Monday after data showed a slowdown in factory growth in China last month and before expiration this week as the United States is set to impose tariffs on Chinese exports of $ 34 billion. ... Signs of a slowdown in the Chinese economy and risks from... 03.07.2018  10:44

• Scrap metal supplies to Turkey from Russia and Canada are growing amid a general drop in imports Scrap imports fell 21% year-on-year to 1.65 million tonnes in May, according to the Turkish Statistical Institute (TUIK). Its average cost was $ 365.5 per tonne against $ 281 per tonne last year. Almost 99%, or 1.64 million tons in May of imports were obsolete scrap metal. The main supplier of... 03.07.2018  10:37

• Russia sues over US tariffs on steel and aluminum products Russia has filed with the World Trade Organization against US duties on aluminum and steel imports, Russian Economy Minister Maxim Oreshkin said in a statement. US President Donald Trump imposed tariffs in March, charging 25 percent for steel imports and 10 percent for aluminum. He said they are... 03.07.2018  10:24

• Thyssenkrupp Shareholders Demand Further Restructuring Following JV With Tata Steel Thyssenkrupp's main shareholder, Cevian, called for further restructuring of the German conglomerate on Sunday, a day after the joint venture with India's Tata Steel was formed. Active investor Cevian is Thyssenkrupp's second-largest shareholder and, like Elliott's shareholder, has criticized... 02.07.2018  12:12

• EU Tariffs for US Goods Come into Force In late June, the European Commission confirmed that the measures previously announced in response to US steel and aluminum tariffs were to take effect Friday. The EU will apply an additional duty (up to 25%) on imports of American products, including rolled steel, aluminum and agricultural... 02.07.2018  12:01