Metallurgy news

• Trade war could threaten the global economy World Trade Organization (WTO) Director General Roberto Azevedo has called on states to engage in WTO dialogue to end trade disruptions in the global economy. “Disruptions in world trade will threaten the global economy during economic recovery,” Azevedo said at the WTO meeting in Gen... 25.03.2018  11:34

• 2018 will be another good year for coal For the first time this year, on March 19, coal prices at ARA ports (Antwerp-Rotterdam-Amsterdam) fell below $ 80 per tonne. On Wednesday, March 21, deals were closed at USD 78.61 per tonne. However, the analytical agency for industrial development notes that the decline in coal prices is a... 24.03.2018  13:19

• US puts forward unrealistic deadline for harmonizing trade policy with EU European Commission President Jean-Claude Juncker believes the May 1 deadline set by the United States for the EU to negotiate trade relations with the United States is unrealistic. At a summit in Brussels, EU leaders called on the US to permanently exclude the European Community from the new... 24.03.2018  13:10

• Russia will soon introduce new plants for the production of aluminum Outside of China, CRU expects Russia to have the maximum number of aluminum smelters. The most significant among them will be the Taishet project from UC Rusal. CRU, a leading research and analytics group, has predicted that Russia is likely to add maximum aluminum smelting capacity outside of... 23.03.2018  13:46

• New steel in Europe Competing with cheaper producers from outside the European Union, the European steel industry is focusing on innovation and new technologies. More advanced products allow for higher safety margins. Industry improves production efficiency. Aditya Mittal, CEO of ArcelorMittal Europe and Group CFO,... 23.03.2018  13:37

• Trump promotes polluting metallurgy The U.S. is taking steps to boost steel production following the introduction of section 232 import tariffs on steel and aluminum this week - measures that could potentially block about 28 million tonnes of steel imports and boost local steel production to 19.5 million tonnes This means burning... 23.03.2018  13:29

• Copper prices reacted strongly to the Fed forecast Copper is more expensive on the London Metal Exchange in response to the Fed's forecast of three interest rate hikes this year. Metal in the LME for 3-month supply was valued after the opening of trading at $ 6,841.50 per tonne after rising 0.7%. - provide brokers. The US Federal Reserve... 22.03.2018  12:28

• US Steel and Aluminum Tariffs Could Destroy EU Metals Industry Today, EU leaders are meeting in Brussels, where, during a two-day summit, they will discuss, among other things, the situation with the imposition of tariffs on steel and aluminum in the United States. The European Steel Association, Eurofer, is calling for unanimous support for strong action to... 22.03.2018  12:21

• US intends to impose 41% duty on South Korean steel wire rod The United States has announced its intention to impose a 41 percent duty on South Korean carbon and alloy steel wire rods. The US Department of Commerce on Tuesday said it would impose anti-dumping duties on steel products from South Korea, the United Kingdom, Italy, Spain and Turkey over the... 21.03.2018  13:04

• US and Saudi Arabia Raise Oil Prices Oil prices in the United States are rising in response to negotiations between the United States and Saudi Arabia, discussing, among other things, Iran, which increases geopolitical risks in the markets. In May, shipments on the NYMEX in New York are valued at $ 63.67 after a 13-cent increase.... 21.03.2018  12:55