Metallurgy news

• Interpipe NTRP completed the modernization of the thermal department worth $ 5 million In the pipe-rolling shop No. 4 of PJSC "Interpipe NTZ" an investment project for the modernization of the pipe heat treatment section has been completed. The cost of its implementation was USD 5 million. Modernization of the thermal department will allow to increase the volume of production of... 24.01.1992  14:03

• Iron ore and steel: prospects in 2019 Consultant Wood Mackenzie (WoodMac) provided some considerations for the new year for iron ore and steel. The company claims that the global iron ore industry is starting the new year in "surprisingly good shape." Prices are "holding on comfortably," despite all the rhetoric of a "hard landing"... 24.01.1992  10:10

• Ukraine hopes to raise export duty on scrap metal again The Ukrainian parliament (Rada) is working on legislation that will lead to another increase in the export duty on scrap metal. The Committee presented a proposal to increase the current duty from € 42 /tonne ($ 47.7 /tonne) to € 58 /tonne and to extend it for another three years from September 2... 24.01.1992  09:58

• Steel production in Japan in 2018 fell by 0.3% Steel production in Japan fell 0.3% year-on-year in 2018 to 104.33 million tonnes, according to data released Wednesday by the Japan Iron and Steel Federation. A JISF official said Thursday that demand for steel was steady, but natural disasters in the second half of 2018, including heavy rains... 24.01.1992  09:55

• Steel production in China hits 9-month low in December 2018 The latest production statistics released by China's National Bureau of Statistics (NBS) indicate a significant drop in the country's steel production during the last month of the previous year. Production of crude steel in December 1818 amounted to 76.12 million tons, which is almost 2% less... 23.01.1992  12:11

• Canada may impose anti-dumping duties on welded carbon steel pipes The Canadian Border Agency has made the final decision on taxes on welded carbon steel pipes from Vietnam. Accordingly, the weighted average dumping margin for Hòa Phát Steel Piple Company Ltd was set at 4.9%, SeAH Steel Vina Corporation - 3% and State Pipe and Supply Inc - 26.1%, while all o... 23.01.1992  12:04

• End-users of steel in the EU rally against protective measures Six associations, representing the majority of European steel consumers, have joined forces to protest the permanent protection measures approved last week by the member states of the European Commission (EU) and the European Union (EU). Since the first proposal for permanent measures was made... 23.01.1992  11:58

• US tariffs on Korean steel may be cut The US Court of International Trade (USCIT) stalled the market - a method the US Commerce Department used to impose high tariffs on South Korean steel. South Korean steel companies expect a recent court ruling to help them avoid massive tariffs. USCIT recently released its judgment regarding oil... 22.01.1992  11:22

• Turkish flat products mills try to raise prices Turkish hot and cold rolled steel makers are trying to raise plate prices as product availability decreases due to current and future scheduled equipment maintenance. HRC's domestic bids are in the $ 490-500 range per exw tonne, but lower levels for larger tonnes and other favorable terms of... 22.01.1992  11:19

• Vietnamese steel production up 15% in 2018 Vietnam's steel production was 24.19 million tonnes in 2018, an increase of 14.9% year-on-year, according to data from the Vietnam Steel Association. The association said the annual figure was obtained after including 2.02 million tonnes in December, which itself is 1.6% higher than the... 22.01.1992  11:15