Metallurgy news

• Copper prices fall after investors return from China Copper is cheaper on the London stock exchange. Investors are waiting for signals regarding the demand for metals in China, where the two-day New Year break has ended. Copper in the LME in 3-month supply was priced after the opening of the session at $ 7166.00 per tonne after increasing by $ 4,... 23.02.2018  13:19

• Higher growth in steel consumption likely in 2018 A 2017 study of the key performance indicators of the global steel industry indicates a definite trend in what is expected for the current year. While global steel production increased 5.3% in 2017 over the previous year, projected steel consumption rose to 1.622 million tonnes last year. Thus,... 22.02.2018  10:35

• The Gupta family's South African mine goes on strike A coal mine in South Africa, politically linked to the Gupta family, will be suspended if managers fail to comply with social and labor plans. Workers protested Wednesday over uncertainty in operations. The Mineral Resources Department conducted an inspection on Feb.8, and Optimum Coal is to... 22.02.2018  10:00

• Timing of Trump's decision to import steel remains inaccurate Following a large-scale conference call on Friday regarding an investigation of Article 232 steel imports, US Commerce Secretary Wilber Ross did not dare to reveal when US President Donald Trump could decide what action to take on the three trade-recommended tariffs and quota options stemming from... 21.02.2018  11:47

• Reducing port dues improves the situation on the export market of Ukraine A decrease in port dues in Ukraine to the values ​​of neighboring countries will increase the export of products of the mining and metallurgical complex. Only in the Mariupol Commercial Sea Port for vessels of the handsize class with a capacity of up to 21 thousand tons, the level of port dues ex... 21.02.2018  11:39

• Iron Ore Challenges Falling Global Commodity Prices Global stock markets are declining from their recent peaks, and prices for commodities such as crude oil, gold and copper are also falling. But iron ore and coking coal are undermining this trend thanks to China, the world's largest consumer of the material. Australian iron ore spot prices are... 21.02.2018  11:27

• Liberty Steel Delivers Key Milestone for UK Metals Liberty Steel's Liberty House Group has announced the official restart of a second idle furnace at its Rotherham steel mill in the north of England. The stove, mothballed by Tata Steel, its previous owner, was again lit by the Prince of Wales. The reigniting of the giant furnace is considered a... 20.02.2018  12:33

• Export of scrap metal from Ukraine After an acute shortage of scrap metal at Ukrainian factories, the country increased the export duty on scrap metal from 10 euros per tonne to 30 euros per tonne in 2016. Export duty revenues for scrap metal have almost tripled in Ukraine over the past year. Meanwhile, the deficit of scrap metal... 20.02.2018  12:23

• EU and US on the brink of a customs war? US plans to cut steel and aluminum imports are causing concern among European companies. Industrial organizations warn of an intensification of the customs war - if the Americans introduce tariffs, European companies will demand an adequate response from the EU authorities. The US administration... 20.02.2018  09:50

• Consumption of stainless steel is growing worldwide World stainless steel production increased by about 5 percent over the past year. Growth has slowed in Europe. The good economic situation also reflects improved performance by the largest producers. Further increases in production and consumption are expected this year. Some companies are also... 19.02.2018  11:24