Metallurgy news
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Nucor invests $ 75 million in steel heat treatment projectNucor Corporation, the largest steel producer in the Western Hemisphere, has announced a major investment project at its subsidiary, Nucor-Yamato Steel Company. The $ 75 million investment will be spent on the Quench and Self-Tempering (QST) steel processing process that will be used at the 1.4…
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USA continues to search for dumping in imports of hot rolled steelThe US International Trade Commission has found indications that US manufacturers are suffering unfair imports of hot rolled flat products from seven countries and are continuing a process that could lead to the imposition of import duties. AK Steel Corp, ArcelorMittal USA, Nucor Corp, USA Steel…
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Gas supply to Ukraine in winter is ensuredKiev agreed that European taxpayers should pay the bills issued by Gazprom, and Brussels breathed a sigh of relief. EU taxpayers are accepted to carry out gas supplies to Ukraine in the winter. Russian Energy Minister Alexander Novak confirmed that this decision was the result of a meeting between…
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ArcelorMittal invests 100 million euros in the reconstruction of coke oven batteriesArcelorMittal is investing over € 100 million in the refurbishment of coke oven batteries in Gijón, Spain. The project for the restoration and modernization of existing facilities is designed to be completed within two years. Its implementation should ensure compliance with the environmental…
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EU announces anti-dumping duties on steel pipe imports from IndiaThe European Union has imposed preliminary anti-dumping duties of up to 31.2 percent on imports of water and sewer pipes from India within six months in order to protect its national industry. Meanwhile, the EU announced a 15.3 percent anti-dumping preliminary duty on Casting Ltd and 31.2 percent…
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Norilsk Nickel opposes illegal traffic in non-ferrous and precious metalsIn Turin, on September 25, 2015, an expert organizational meeting of the United Nations Interregional Research Institute on Crime and Justice (UNICRI) on the topic "Development of an international strategy to combat illicit trafficking in precious metals" was completed. Vladislav Gasumyanov, Vice…
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NLMK cuts production costsNLMK Group, a vertically integrated company in Russia and one of the most efficient steel companies in the world, is the first steel company in Russia to receive and process containers with a gross weight of up to 41 tons at the Lipetsk site. As a result, the company will be able to reduce its…
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The world's ten largest steel producers in August 2015According to the latest statistics published by the World Steel Association, the crude steel output of 65 countries of the world that submitted data to the Association amounted to 132.220 million tons in August this year. Monthly production was down 3.1 percent year over year. These 65 countries…
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France is going to sell Mistral ships to EgyptFrance is on the verge of concluding a deal to sell to Egypt two Mistral ships that were originally produced for Russia. The Cairo regime receives $ 1.3 billion in annual US financial aid to buy military equipment and weapons. French President François Hollande and his Egyptian counterpart Abdel…
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China wants to change the global financial systemWith the establishment of China Development Bank AIIB, the countries of the world are no longer solely dependent on the IMF and World Bank. The Asian Infrastructure Investment Bank (AIIB) is one of China's largest geopolitical successes in recent years. Equipped with a total capital of US $ 100…
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