Metallurgy news

• Rusal predicts widening global aluminum deficit in 2018 Oleg Mukhamedshin, director of strategy, business development and financial markets at RUSAL, told reporters on Wednesday that the global deficit in aluminum supplies is expected to increase from 1.3 million tonnes this year to 1.7-1.8 million tonnes in 2018 year. Rusal is the world's second... 13.07.2017  11:20

• Australia to buy out coal mining license from China's Shenhua Under pressure from farmers and environmentalists opposed to mining on key agricultural land, a spokesman for the Australian state of New South Wales said Wednesday that it intends to buy out half of the coal exploration license from China Shenhua Energy Co Ltd. The government of Australia's... 13.07.2017  11:06

• Steel consumption and exports are growing in India Steel consumption in India rose 4.6 percent to nearly 21 million tonnes in April-June (first quarter) of the current fiscal year, compared to the same period in 2016. While steel exports in the country increased by almost 66 percent in April-June, the ministry said in a report. The ministry's... 12.07.2017  12:43

• Tata Steel sells UK pipe mills to Liberty House Tata Steel said on Tuesday that it has agreed to sell its pipe mills in the north of England to the British industrial group Liberty House for an undisclosed amount. The Hartlepool plant has a production capacity of over 250,000 tonnes of pipes per year. Tata Steel has been selling part of its... 12.07.2017  12:22

• Dneprospetsstal: production results in June 2017 In June 2017, PrJSC Electrometallurgical Plant Dneprospetsstal named after A.N. Kuzmin ”delivered 21 849 tons of steel, which is 2.2% less than the level of the previous month. During the same period, the Company produced 13,844 tons of rolled metal, which is 3.4% less than in May 2017. The t... 11.07.2017  13:35

• G20 uncovers three-pronged steel battle between EU, US and China As battles between police and protesters raged outside, the leaders of the European Union, the United States and China came close to tearing apart the trade front at the G20 Hamburg summit. “We already hear that some parties are considering introducing protective measures against steel imports i... 11.07.2017  12:38

• China conducts steel quality inspections Between July and September, China will test its construction steel production, implementing a policy to combat low-grade metal. The move comes after global metal consumers announced earlier this year that they are aiming to eliminate the production of environmentally friendly low-grade steel... 11.07.2017  12:24

• EU steel market prospects improve in 2017 A strong start to the year, a robust steel market and economic growth predict good conditions for EU sales. However, increased protectionism could lead to the proliferation of catastrophic distortions in the global trade flow. EU Steel Market Steel consumption in the EU increased by 3.1%... 11.07.2017  12:15

• EU announces tariffs in response to US action The European Union will retaliate if the US imposes punitive tariffs on steel from the EU, as European Commission President Jean-Claude Juncker said at the G20 summit in Hamburg. “If the US imposes tariffs on European steel imports, Europe is ready to react immediately and adequately,” Juncker to... 10.07.2017  12:06

• G-20 calls for fight against market-distorting subsidies A key passage in the G-20 communiqué calls on world leaders to "urgently" seek the elimination of "market distorting subsidies and other forms of support from governments and related organizations." These demands were much tougher than those adopted at last year's G-20 summit in Hangzhou, ... 10.07.2017  11:44