Metallurgy news

• 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

• France demands unconditional exemption from US tariff program French Minister of Economy Le Maire demanded on Tuesday, at the end of the G20 meeting in Buenos Aires, the exclusion of France from the United States of tariffs on steel and aluminum without any conditions. “Let's say it's clear that there can be no demand from the United States for the e... 21.03.2018  12:44

• US plans new heavy tariffs for China The Trump administration plans to impose $ 60 billion in tariffs on Chinese goods this week to punish Beijing for what the US perceives as stealing intellectual property from American businesses. The administration is said to be considering widespread tariffs on everything from consumer... 20.03.2018  12:00

• South Korean hopes for exemption from US steel tariffs South Korea's trade minister on Monday expressed cautious hope for an exemption from US-proposed tariffs on Korean steel products as negotiators lobby to minimize the impact on local industries. Pike Un-gyu, secretary of commerce, industry and energy, said South Korea is in talks with US... 20.03.2018  11:43

• Steel prices may rise by 6-10 percent Global steel prices are expected to rise 6-10 percent this month, reducing the current domestic rebate to the cost of imports. Steel companies plan to raise prices amid rising raw material costs and picking up demand across all sectors, including infrastructure, construction, capital goods and... 20.03.2018  11:15

• Ukrainian enterprises may lose their share in the domestic market In January-February 2018, Ukrainian metallurgists produced 2,977 thousand tons of rolled metal, of which 2,643 thousand tons, or 88.7%, were exported. Domestic consumers got 334 thousand tons (11.3%) of the total volume of manufactured products. For comparison, for the same period in 2017, out of... 19.03.2018  11:04