Metallurgy news

• Germany warns US of opposing steel tariffs European Union trade ministers decided at a meeting on Tuesday that they would respond with countermeasures if the United States brought in import tariffs on rolled steel and aluminum, German Deputy Economy Minister Matthias Mahnig said. He said the tariff introduction, which was adopted by US... 28.02.2018  10:24

• Steel production in January grows most strongly in Turkey Turkey's steel production rose 7.6 percent to 3.17 million tonnes in January, compared to the same month in 2017, according to the World Steel Association. The report showed that Turkey's production in January 2017 amounted to 2.95 million tons. In January, the 64-country association's total... 28.02.2018  10:09

• Construction began on the Afghan section of the TAPI gas pipeline Turkmenistan is opening the way for its gas. The construction of a section of the TAPI gas pipeline through Afghanistan has begun, which will transport gas from Turkmenistan to this country and further to Pakistan and India. The TAPI gas pipeline with a length of 1,840 km should be ready in... 27.02.2018  13:26

• China's largest steel city will continue to restrict production until November The Chinese steel city of Tangshan has proposed new production restrictions once the current restrictions end in March to improve air quality. It will also provide solid steel prices. Tangshan is the world's largest steel city, producing more rolled steel than the United States in one year.... 27.02.2018  12:04

• Coal reserves at power plants in Ukraine decreased by 2.6% in a month Coal reserves at thermal power plants over the past month fell 2.6% to 1.47 million tons, according to a statement from the Ministry of Energy and Coal Industry. Anthracite reserves at power plants decreased by 8.9% to 601,100 tons, while steam coal reserves increased by 1.4% to 866.7 thousand... 27.02.2018  11:45

• Coal continues to be the leading energy generator 41% of the world's electricity is currently powered by coal, and consumption is expected to remain the same over the next 30 years, and with rising prices and strong demand for coal in southern Africa, coal will not be ignored in the ever-growing competitive energy market ... There is strong... 26.02.2018  09:31

• Trump approves toughest steel and aluminum tariffs President Donald Trump told trustees that he wants to impose the harshest tariffs on rolled steel and aluminum imports recommended by the Commerce Department. Trump said he wants to secure a tariff of 24 percent on steel imports, the heaviest of the three options presented to him in a report in... 26.02.2018  09:24

• Increase in the price of rolled metal and steel-making raw materials in China On the Shanghai exchange, rebar futures rebounded from a five-week low on Friday as investors in Chinese commodity markets await a pickup triggered by the resumption of activity following the Lunar New Year celebrations. Rebar recoveries pushed iron ore and coke prices in the steel industry to... 24.02.2018  14:23

• Results of the production of rolled metal products in Ukraine in January 2018 In January 2018, Ukrainian metallurgical enterprises produced 1.67 million tons of rolled metal, which is 7% less than the same period in 2017. During this period, about 1.4 million tons were exported, or 83.6% of the total. Then, as in January 2017, the share of exports was 68.7%. The export... 23.02.2018  13:47

• World steel price rises 16 percent in February over the previous year The upward trend in global steel prices continued in February, with North American and European steel companies driving much of the price increases thanks to improved market principles. From a MEPS survey, in February, many North American and European steel buyers report that increased... 23.02.2018  13:30