Metallurgy news
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US steelmakers filed a complaint against South Korea and other countriesThe US steel industry has filed a complaint against South Korea for dumping and subsidizing cold rolled steel makers. The Korean government and local metal industry representatives, in turn, said the accusation was unfounded and ridiculous. According to the Department of Commerce, Industry and…
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Stainless steel production in China in the first half of the yearAccording to the China Stainless Steel Council (Special Steel Enterprises) Association (CSSC), China produced 10.759 million tonnes of stainless steel in the first half of 2015, an increase of 0.68 percent, or 72,000 tonnes, over the same period last year. ... These products include: Cr-Ni…
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Zaporizhstal announces production results for July and 7 months of 2015Zaporizhstal Metallurgical Plant, one of the largest producers of high-quality metal products in Ukraine, in July 2015 increased pig iron production by 14.4 percent to 310.3 thousand tons compared to the same period in 2014, when the output was 271.3 thousand tons. During July 2015, steel…
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Zinc concentrate shortage could drive up zinc prices - InvestecA recent study published by Investec predicts a supply shortage of zinc concentrate over the next few months. According to Investec experts, this shortage of supply will lead to higher prices amid the closure of some mines. In addition, Investec believes that the implementation of the Dugald River…
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Tasmania to build a new tire recycling plantAustralia's Green Distillation Technology (GDT) plans to build a massive new tire recycling facility on the neighboring Tasmania island of Langford. Construction of the US $ 6.2 million plant is scheduled to begin in November this year. Operations at the facility are expected to begin next summer…
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Technical re-equipment continues at Krasny OktyabrRed October, a renowned manufacturer of special-purpose steels for various industries, aims to maintain its leading position in this sector by installing unique BOSIO furnaces. At the sheet metal finishing section of the sheet-rolling shop (OOLP) and in the metal rolling finishing shop (TsOMP)…
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EU approves higher AD duties on stainless steel importsEuropean Union member states supported the introduction of higher anti-dumping duties on imports of cold rolled stainless steel from China and Taiwan. Responsibilities are imposed following a complaint filed in May 2014 and a follow-up investigation launched in June. The European Union will levy…
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SOGAZ will insure Severstal enterprises for 70 billion rublesSOGAZ Insurance Group won the tender for the right to insure the property of the subsidiaries of PJSC Severstal: OJSC Severstal-Metiz, JSC REDAELLI SSM, CJSC Izhora Pipe Plant, LLC Sheksna Pipeline Plant, JSC Karelsky Okatysh , JSC "Olkon". The total scope of SOGAZ's responsibility will be about 70…
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Japan has reduced the output of rolled copperIn June, Japanese production of rolled copper fell to 62,507 tons, down 7.6 percent from a year earlier. At the same time, the Japan Copper and Brass Association noted that preliminary June data showed a 2.4 percent increase in rolled copper output compared to the seasonally adjusted May output. At…
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RUSAL operating results for the second quarter of 2015UC RUSAL's aluminum production in the second quarter of 2015 reached 908 thousand tonnes, up 0.8 percent qoq and 1.1 percent YoY. In terms of the issue volume, the Company adheres to the previously announced forecasts. Aluminum sales in the second quarter of this year decreased by 5.1 percent…
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