Metallurgy news

• China Steel Futures Rise As Inventories Decrease And Raw Materials Fluctuate Chinese steel futures rose on Friday, raising concerns amid declining steel inventories at the world's largest material producer. Rebar stocks at traders this week fell by 410,000 tons to 5.66 million tons by Friday, which was noted in early February, according to data from the consulting... 26.05.2018  11:11

• Challenges in steel trade between China and the EU China's commerce ministry said Thursday that a European Union anti-dumping investigation into the dumping of hot rolled steel imported from China would seriously disrupt regular steel trade between the two countries. Brussels said earlier Thursday that it had launched an investigation after... 25.05.2018  11:16

• India's steel industry grows 4% in April According to official data, steel production in India in April 2018 increased by 4.4% to 8.59 million tonnes. In the same month a year ago, the country produced 8.22 million tons, the report said. SAIL, Rashtriya Ispat Nigam Ltd (RINL), Tata Steel, Essar Steel, JSW Steel and Jindal Steel and... 25.05.2018  11:11

• Mechel reduced coal sales in the first quarter Russian metallurgical group Mechel reported that sales of coking coal concentrate in the first quarter of 2018 decreased by 19% to 1.61 million tonnes. Coal production fell 2% to 4.97 million tonnes, while steel production fell 6% year-on-year to 1.06 million... 25.05.2018  11:10

• India Submits Complaints to WTO on US Tariffs India has filed a complaint against the United States to challenge U.S. President Donald Trump's tariffs on steel and aluminum. Indian officials said last month that their government would challenge the WTO unless the country's firms were granted a tariff exemption. Trump imposed tariffs in... 24.05.2018  10:49

• Brazil delays implementation of countervailing duty on Chinese steel The Brazilian Trade Secretariat has imposed a countervailing duty of up to US $ 425.22 per tonne on rolled steel from China for five years. In the Brazilian Official Gazette, Camex confirmed the existence of "subsidies for the export of hot rolled flat products from China to Brazil and the... 24.05.2018  10:42

• Steel plant in Ostrava may be bought by Czech billionaire from ArcelorMittal Czech billionaire Tomas Crenek is interested in buying from the ArcelorMittal plant in Ostrava. He is already a co-owner of a metallurgical plant in Trinec. Czech media reported that the first meeting for the purchase of ArcelorMittal Ostrava took place. At the moment, however, there are no... 24.05.2018  10:33

• The European Union is united on trade with the United States The EU is looking for a permanent exemption from the 25% duty on steel, introduced by the US in March, and 10% on aluminum. The United States exempted the EU "28" of these surcharges, but only until June 1. The question arises as to whether it is realistic to conclude a sectoral trade agreement... 23.05.2018  09:54

• Azovstal stopped converter # 2 for scheduled repair The Azovstal metallurgical plant stopped converter # 2 for an eight-hour scheduled preventive maintenance to carry out maintenance work on the gas cleaning equipment. As part of the short-term repairs, the design parameters of the environmental systems will be restored, the air ducts will be... 23.05.2018  09:49

• Results of metallurgical enterprises of Ukraine for April and 4 months of 2018 In April 2018, 1.65 million tons of pig iron were smelted in Ukraine, which is 2% lower than in March 2018; 1.72 million tonnes of steel, up 0.5%, and 1.51 million tonnes of rolled metal products. A slight decrease in the level of pig iron production in April was due to the repair work carried... 22.05.2018  10:21