Metallurgy news

• EU offers US energy cooperation in exchange for elimination of tariffs on steel and aluminum European Commission President Jean-Claude Juncker on May 17 proposed that the United States liberalize specific areas of cooperation, including an increase in the energy sector, if Washington permanently excludes the European Union from additional customs duties on steel and aluminum. “Once a... 18.05.2018  11:44

• ArcelorMittal's acquisition of Ilva will benefit Poland According to the management of ArcelorMittal, the takeover of Ilva does not mean the marginalization of Polish factories, but it will have a positive impact on the development of the rolled metal segment in Poland. Some buyers are also hoping to lower the price of the product. The Ilva... 18.05.2018  11:17

• How the Russian aluminum giant escaped US sanctions These were to be the toughest sanctions the United States has ever imposed on a Russian oligarch. Seventeen days later, Washington neutralized them. On April 23, the US Treasury eased restrictions on the aluminum company Rusal by billionaire Oleg Deripaska. Washington's change in course stems... 17.05.2018  12:49

• In Ukraine, coal production increased in April with a general drop since the beginning of the year Coal production in Ukraine during April increased by 5.8% on an annualized basis to 2.865 million tons, according to the Ministry of Energy and Coal Industry. In the first four months of the year, Ukraine produced 11.236 million tons of coal, which is 14% lower than last year. Thermal coal... 17.05.2018  12:33

• NPGU: "ArcelorMittal Kryvyi Rih" suspended work On Wednesday, May 16, from 7 am at PJSC "ArcelorMittal Kryvyi Rih", the workers of the first shift of the railway workshop began to act according to the instructions. This was reported in the Confederation of Free Trade Unions of Ukraine with reference to the chairman of the local primary cell of... 16.05.2018  22:23

• PJSC "ArcelorMittal Kryvyi Rih" reduces waste by applying innovative solutions PJSC "ArcelorMittal Kryvyi Rih" uses blast furnace slag as a ballast layer for the railroad bed instead of traditional crushed stone. This practice is used for the first time in Ukraine and allows the company to reduce waste and reduce the share of purchased crushed stone. For all types of... 16.05.2018  13:41

• Turkey's steel sector results for the first quarter In the first quarter of 2018, Turkey's metallurgical industry production performance reflects robust growth compared to the corresponding prior year. Nevertheless, there was a decrease in the volume of exports of rolled metal products. Consumption of long products of our own production in the... 15.05.2018  10:22

• The specter of overproduction haunts China's steelmakers again Expectations of an uptick in steel production in China, along with signs of weakening demand, are pooled, creating worries for Chinese steel companies. Steel prices in China have weakened this year after two years of gains, and steel rebar traded in Shanghai fell 15% from a peak in December amid... 15.05.2018  10:04

• North Korean coal traders hope for sanctions relief Some North Korean traders are offering cheap coal to Chinese buyers who are stockpiling raw materials in ports in the isolated country, hoping that recent diplomatic moves will ease sanctions banning North Korean coal purchases, three Chinese traders said. Official data show that China has not... 15.05.2018  10:02

• Metallurgists in China hoping for higher demand Steel prices in China rose on Friday amid growing optimism about demand as metal inventories continued to fall, property purchases picked up and coke anticipated a cut in production in Jiangsu province. “The demand for Chinese steel continues to exceed expectations. Investments in real estate a... 14.05.2018  12:14