Metallurgy news

• Siemens to continue controversial contract with Australian coal mine German engineering giant Siemens will honor a controversial contract to supply alarm systems for Australia's Adani coal mine, despite criticism for the project's alleged climatic implications. “We just finished our extraordinary meeting ... We evaluated all the options and concluded that we must ... 14.01.2020  15:42

• China's steel industry will focus on high-quality development According to a senior official from the China Metals Association, China's steel industry should focus on quality and efficiency rather than expanding through massive and price competition. Gao Xianming, the 2019 rotation president of the association, gave a speech at the general meeting of the... 14.01.2020  15:39

• Indian steel mills call for zero duty on coking coal imports Indian steelmakers have called for lower import duties on important ingredients such as coking coal, anthracite and metallurgical coke. The country's metallurgists are highly dependent on the import of these raw materials due to the lack of sufficient domestic resources. A steel mill official... 14.01.2020  15:09

• US announces new sanctions against 17 Iranian steel companies US Treasury Secretary Stephen Mnuchin announced that the US has imposed new sanctions on steel and metal exports from Iran. He said: “The President is issuing an executive order authorizing the imposition of additional sanctions against any individuals who own, work, trade or help sectors of the I... 13.01.2020  12:48

• Liberty Steel cuts UK workforce The Liberty Steel Group reviewed its UK business in response to challenging market conditions and the continuing decline in demand for UK steel products. In light of this, the company has decided to reduce the headcount at certain factories to meet sustainable production forecasts. The Group has... 13.01.2020  12:44

• Turkey's steel production declines in 2019 According to an official report from Turkey, total crude steel production in the first 11 months of 2019 was about 31 million tonnes, down 10.36% year on year. The experts said that the main reason for the decline was weak demand in the domestic and foreign markets. The upward trend of global... 13.01.2020  09:43

• US sanctions on Iran's metallurgy Iran has set a goal to become the seventh largest steel producer in the world by 2025, but in the current situation it is unlikely to succeed. Donald Trump on Friday imposed extended economic sanctions on Iran's steel industry in an attempt to punish the country for a missile strike earlier this... 11.01.2020  11:44

• US Introduces Up To 301% Tariff On Steel Products From China The United States is introducing a new tariff of up to 301.64% on steel products from China. The US Department of Commerce has tentatively approved anti-dumping duties on imports of ironmongery from China, which are intended to compensate imports at a price below cost or current domestic market... 10.01.2020  09:43

• Critical Impact of Trump Tariffs on the US Manufacturing Sector Recently published research shows that Americans paid the full cost of Chinese tariffs, roughly $ 900 per worker. Higher costs have had a significant impact on US exports. In addition, they stress that the tariffs imposed by the Trump administration have affected production workers in the... 09.01.2020  10:49

• The court allowed the opening of a blast furnace at the ArcelorMittal Ilva plant An Italian court ruled that one of three blast furnaces at the ArcelorMittal metallurgical plant in Ilva should not be shut down, despite concerns that this was a safety violation. According to the new decree, blast furnace 2 will continue to operate. We remind you that in June 2015, after an... 09.01.2020  10:24