Metallurgy news
-
Japan predicts falling steel production for first time in 3 years - METISteel output in Japan is expected to decline 0.7 percent to 110.7 million tonnes in the current fiscal year, which ends in March 2015. The Ministry of Economy, Trade and Industry (METI) said the decline was observed for the first time in 3 years, as demand slowed down with the increase in sales…
-
Asia's steel production records modest growthAccording to the latest data released by the World Steel Association, steel production in Asia rose 0.6 percent during the month of November on an annualized basis. In addition, all countries in the region showed an increase in steel output over 11 months at an annual level. China's total crude…
-
Hackers Damage German Steel PlantRecently, hackers have caused serious damage to a German steel plant and also shut down one of the blast furnaces at a steel plant. According to an annual report by the German Federal Information Security Administration, after an employee at a steel mill received an email, hackers swept over the…
-
Electricity shortage in Ukraine disrupts production at FerrexpoThe iron ore group Ferrexpo, headquartered in Switzerland, controlled by Konstantin Zhevago, owns assets in Ukraine. Moreover, the main asset of this Group is the Poltava Mining and Processing Plant, which specializes in the production of iron ore pellets, supplying its products mainly to…
-
Russia files a complaint with the WTO about the violation of the US 15-year trade agreementRussia has filed a complaint with the World Trade Organization against the United States government, which is trying to abandon a 15-year agreement between the two countries, which creates special conditions for Russian producers of flat steel products with a high import quota, and the decision…
-
Copper demand is driven by Chinese energyRefined copper consumption in China at the end of 2014 was more order-driven in the energy sector than it was at the beginning of the year, when tight bank lending conditions led to abandonment of small end users. In past years, more than half of the demand for copper products in China came from…
-
World steel prices drop to 5-year low in December - MEPSManufacturers remain motivated to boost sales, and their proposals to increase prices have so far been unsuccessful as customers see raw material prices falling. Consumption outlook remains healthy for now, but service centers are experiencing a seasonal decline in sales activity. There is more…
-
Brazil levies duties on boron-doped steel sheet from China and UkraineBrazil plans to impose anti-dumping sanctions on imports of boron-doped steel sheets from China and Ukraine. Brazil's Foreign Trade Bureau SecEx has decided to add painted heavy slabs to the products subject to such a fine. The size of the punishment for the Chinese plate is $ 211.56 per ton and…
-
South Korea urges WTO to oppose US tariffs on steel pipe importsThe South Korean government announces an appeal to the WTO against the US anti-dumping duties on imports of steel pipes from the country. South Korea's Commerce Department says high US tariffs on Korean steel pipes of more than $ 100 million a year put their products at a disadvantage compared to…
-
Global steel production remains unchanged throughout November 2014According to the latest statistics released by the World Steel Association, steel production from 65 countries was 130.525 million tonnes in November 2014, unchanged from production in the same month last year. The total steel production of the EU-28 countries in November 2014 was 14.256 million…
Pages
← previous
next →
