Metallurgy news

• Low demand pushes ARA coal reserves to high levels Combined coal reserves at three terminals in northwest Europe in the Amsterdam-Rotterdam-Antwerp (ARA) trade center continue to grow to set a new 2017 high for this week, reaching 5.8 million tonnes. This is the highest level recorded since early 2015, according to S&P Global Platts. In... 11.05.2017  10:27

• Innovative solutions for Ukrainian railways will be discussed in Dnipro On May 12, key participants in the Ukrainian railway industry will gather in Dnipro - representatives of the national railway operator, car-building and car-repair enterprises, scientific organizations and expert centers. The purpose of the meeting is to discuss the state of the railway industry,... 10.05.2017  17:37

• US wants to put diplomatic pressure on Nord Stream 2 The US is on the offensive to stop Russian domination of the European gas market. This is evidenced by the statements of the representative of the State Department Robin Dannigan about Nord Stream 2, quoted in the Danish newspaper "Berlingsk". The Nord Stream2 gas pipeline is to run under the... 10.05.2017  11:12

• Fitch: China Will Difficult To Reach Target To Cut Steel And Coal Capacity China's success in drastically reducing coal and steel production capacity last year was based on the choice of “low hanging fruit,” shutting down mines and factories that were already idle. However, it will be more difficult to meet the 2017 capacity reduction target. In addition, the Chinese coal ... 10.05.2017  11:14

• Steel production in Turkey is rising sharply Turkey's crude steel production increased sharply in the first quarter of this year, reaching 8.8 million tonnes, according to the World Steel Association. Production volume increased 14.1 percent year on year in the first three months of 2017. Turkey retained its position as the eighth largest... 10.05.2017  10:59

• US wants to impose anti-dumping duties on steel from eight countries The final decision of the US Commission on International Trade on May 5 said that steelworkers from such eight countries as Austria, Belgium, France, Germany, Italy, Japan, Taiwan and South Korea inflicted material damage on their American colleagues. Taiwan is one of eight countries that will... 09.05.2017  11:56

• ThyssenKrupp workers protest merger plans with Tata Steel The German Federation of the Metallurgical Industry IG Metall announced on May 3 that workers at ThyssenKrupp have protested the company's plans to merge its European manufacturing operations with Indian steel giant Tata Steel, and asked ThyssenKrupp to clearly share its future work. At the same... 08.05.2017  11:34

• Indian steel production up 5% in April India's crude steel production increased 5.4 percent to 8.107 million tons in April from 7.69 million tons in the same month last year. The country has recorded a colossal increase in exports over the past month. Exports of finished steel rose 142 percent in April 2017 to 0.747 million tonnes... 08.05.2017  10:46

• EU steel market reports stable growth in 2017 A report from the European Association of Steel Producers (EUROFER) showed the growth of the EU steel market since 2017. Regional conditions have improved significantly. The data shows higher productivity in the region's steel mills. However, the trade organization warns of the negative impact of... 05.05.2017  14:18

• US to continue AD research on imports of aluminum from China The US International Trade Commission has tentatively decided that there are 21 signs that aluminum foil products imported from China are causing material damage to domestic industries. The US Department of Commerce will continue to investigate the case and is expected to make preliminary... 05.05.2017  13:42