Metallurgy news

• Ukraine changes law to facilitate gas production President of Ukraine Petro Poroshenko signed a law simplifying the procedure for obtaining drilling permits for oil and gas production. Thanks to the new law, the waiting time for permits has been reduced, and foreign organizations will be able to obtain them easier than before. This act is... 02.04.2018  09:45

• China imposes tariffs on goods from the USA China has introduced tariffs on goods since April 2 - a total of 128 products in 7 categories - in response to US duties on steel and aluminum. Eight of them cover two-thirds of the group's cost and will be covered by higher tariffs. China has announced the suspension of the WTO tariff agreement... 02.04.2018  09:30

• Ilyich Iron and Steel Works of Mariupol Received Valuable Cargo from China At the Mariupol Metallurgical Plant named after Ilyich Metinvest Group received a valuable cargo - new equipment for the construction of a continuous casting machine. Equipment from China was delivered to Mariupol by ship DolphinStar for three months. According to Metinvest, the Chinese... 01.04.2018  11:04

• Rolled steel prices rise in China amid new production restrictions Steel product and coking coal prices jumped on Friday as key steel city Handan in northern China announced new restrictions on air pollution, while investors have already closed their short positions to close the month and the first quarter. The most active rebar contract on the Shanghai Futures... 31.03.2018  19:28

• Large projects boost demand for steel from China Over the past five years, steel imports from China have doubled due to large infrastructure projects in East Africa and will continue to grow. Due to projects such as the Lamu Port-South Sudan-Ethiopia-Transport Project, the Lake Turkana Wind Power Project and the extension of the Nairobi Outer... 30.03.2018  13:15

• India Seeks Away To Avoid American Tariffs On Rolled Steel And Aluminum India has asked the United States to exempt it from higher tariffs on steel and aluminum, saying Indian exports of these two products pose no threat to America's security. Last week, US President Donald Trump suspended tariffs for Argentina, Australia, Brazil, South Korea, Canada, Mexico and the... 30.03.2018  12:58

• South Korea would like to import gas from Russia Seoul is exploring this possibility. South Korea does not exclude the construction of a gas pipeline through which Russian raw materials could be imported. As the Minister of Foreign Affairs of the Republic of Korea Kang Chun-Hwa admitted, if the security situation on the Korean Peninsula... 30.03.2018  12:42

• Ukraine's plan to reduce the effect of US duties on aluminum and steel American duties could hit the budget hard, the Ukrainian industrial associations said. The MEDT (Ministry of Economic Development and Trade) is working on the exit of Ukrainian products from the tariffs on imports of steel and aluminum, which the Trump administration imposed on March 23. As... 29.03.2018  12:21

• India beats Japan to become the second largest steel producer in the world Along with Japan, several other countries in the region, including South Korea, Pakistan and Taiwan, reported production cuts during the month. The monthly steel production statistics released by the World Steel Association (worldsteel) show that India overtook Japan as the second largest steel... 29.03.2018  12:03

• Ukrainian metallurgists fear EU reaction to US steel duties The Ministry of Economic Development and Trade (MEDT) of Ukraine announced that it wants to meet with US Ambassador Marie Yovanovitch and hold talks on removing Ukrainian metal products from the tariffs on steel and aluminum imports, which the administration of President Donald Trump imposed on... 28.03.2018  21:41