Metallurgy news

• India announces AD duties on stainless steel imports India's Commerce Department is planning to impose anti-dumping duties on certain stainless steel imports from China, Malaysia and South Korea in an attempt to shield the domestic industry from cheap dumping imports. Under the proposal, anti-dumping duties of $ 306 per tonne or more will be... 15.03.2015  18:12

• Steel imports to South Korea fell in February According to the monthly steel supply statistics released by the Korea Iron and Steel Association (KOSA), the country's steel imports declined in February this year. The decrease in imports was due to a decrease in steel supplies from China. South Korean steel imports in February 2015 were 1.6... 14.03.2015  10:27

• Impact of China's Reforms on the Aluminum Industry China will soon submit proposals to deepen its energy pricing reform, said Wang Yuming, deputy director of the National Energy Agency. This raises the question: Will China's pricing reform be a blessing or a disaster for the aluminum industry in China and the world? The focus of this process... 13.03.2015  11:29

• 20 largest metallurgical companies in the world in 2014 Arcelor Mittal continues to maintain the top position for the full year 2014. The company's steel production rose to 93.1 million tonnes, the highest level since 2008. The ranking list of the largest steelmakers has remained virtually unchanged since 2013. Only ThyssenKrupp regained its place in... 13.03.2015  10:44

• CIS scrap metal exporters raise prices amid falling supplies According to market experts, scrap metal from the CIS increased in price due to a decrease in supplies, and this trend will continue, causing fear, first of all, among Turkish importers, who are concerned about the consequences of rising prices for the country's steel sector. The shipment of A3... 13.03.2015  10:08

• Updated TMK data for the Europe segment Pipe Metallurgical Company at its European division enterprises decreased revenues in the last quarter by $ 12 million, or 17 percent compared to the previous quarter, to $ 60 million. This is mainly due to the negative impact of foreign exchange rates and lower sales of steel billets. Gross... 12.03.2015  11:17

• China's iron ore imports fell 14 percent in February Iron ore imports into the country dropped significantly in February 2015, according to trade statistics released by China Customs. The fall was nearly 14 percent when compared with imports in the same month last year. In February, imports of iron ore to China amounted to 67.94 million tons.... 12.03.2015  10:40

• Scrap metal shortage boosts DRI production - IIMA The growing shortage of high grade steel scrap is likely to lead to a significant increase in direct reduced iron (DRI) production over the next decade, according to a report from the International Metals Association (IIMA). Stuart Horner, Secretary General of the IIMA, outlined the possible... 12.03.2015  09:34

• China Announces Largest Infrastructure Projects China ruled out government stimulus to slow economic growth, but at the same time announced a $ 260 billion infrastructure project, including the construction of a railroad. According to Premier Li Keqiang's report to the National People's Congress, China is set to invest more than CNY 800... 11.03.2015  13:40

• MMK achieves success in import substitution OJSC Magnitogorsk Iron and Steel Works builds its development strategy on the continuation of strengthening its positions in the domestic market, producing goods for the purpose of import substitution and meeting the demand for high-quality metal from the Russian economy. In recent years, MMK has... 11.03.2015  13:07