Metallurgy news
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ArcelorMittal Kryvyi Rih obtained the right to mine ore for 20 yearsKryvyi Rih, January 3, 2019 Last year, PJSC ArcelorMittal Kryvyi Rih extended the validity period of special permits for the use of subsoil until 2038. The company obtained the right to continue mining ore in its two main quarries for the next 20 years - the maximum period provided for by the…
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Vietnam HSG Exports Steel Sheets to USASteel producer Hoa Sen Group said it shipped 17,000 tonnes of steel sheets to the US on Thursday, valued at $ 14 million. The company has been exporting to the United States since 2014, and shipments have been increasing recently. A company spokesman said the supply proves the company's ability and…
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Steel Exports from China Down 8.1% YoYExports of finished steel from China in December reached 5.556 million tons, up 4.9% from the previous month, but 2% less than the previous year, preliminary data released Monday by the General Administration of Customs showed. Exports rebounded in December after falling for two straight months as…
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Wall on the US-Mexico border may require up to 3 million steelThe American Iron and Steel Institute said it could take up to 3 million steel to create an all-steel barrier along the US-Mexico border. US President Donald Trump said Sunday that his administration is now pursuing a steel barrier along the US-Mexico border, not the concrete wall he discussed…
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EU to impose 25% duty on exceeding quotas on steel imports from FebruaryThe European Commission informed the World Trade Organization (WTO) of its decision to impose a 25 percent duty on steel imports into the European Union above a certain level from February 2. In a WTO notice, the EU said that imports of steel below 105 percent of the volumes recorded in the period…
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Federal Law 44-FZ as amended for 2019The law is intended to regulate relations aimed at improving the efficiency, effectiveness, transparency of state and municipal procurement. In short, its task is to prevent corruption at all stages of procurement, such as: • Planning • Determination of suppliers • Conclusion of a contract •…
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The steel market is suffering lossesOver the past week, shares in steel trading in the world's leading metallurgical countries fell by an average of $ 2.5. In China, the import of lump iron ore to South Africa increased by $ 1, and now stands at $ 98. On the other hand, exports remained unchanged, which differs from last week, when…
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Bill Gates Venture Fund works on project to reduce carbon emissions from steel productionA company led by Microsoft co-founder Bill Gates has invested in a startup that aims to cut carbon emissions from steel production January 9, Seattle. Breakthrough Energy Ventures has invested $ 20 million in startup Boston Metal. He is developing a process to reduce carbon emissions in steelmaking…
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Non-ferrous metals and their optimistic chargeAt the moment, copper is the leader in the growth of quotations, as the price has increased by about 3%. Note that the price of nickel at the auctions reached its highest value since December 5. Thus, rolled metal markets look vulnerable today. But China has reduced requirements in the banking…
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Lion Industries: sell to buyMalaysian Metals Group Sells $ 26 Million Non-Core Asset To Expand Its Participation In Steel Business / January 8, Kuala Lumpur. Malaysian steel company Lion Industries wants to sell 50 percent of its non-core asset Angkasa Amsteel Pte Ltd to South Korean steel giant Daehan Steel Co Ltd. The aim…
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