Metallurgy news

• Ferrexpo increases export of pellets According to the results of the first quarter of 2019, Ferrexpo has traditionally become the leader in the export of iron ore pellets among the enterprises of the countries of the former Soviet Union. According to the reports of the State Enterprise "Ukrpromvneshexpertiza", in January-March 2019... 14.05.2019  12:28

• Steel production in China is growing steadily despite factory closings Just a few years ago, market reviews from major iron ore producers Rio Tinto and BHP regularly stated that they expected China's steel production to reach 1 billion tonnes by the end of the next decade. It sounded like an incredible amount of steel, especially when China's growth trajectory was... 14.05.2019  12:22

• ArcelorMittal Kryvyi Rih has updated the automation system at wire rod mill No. 6 ArcelorMittal Kryvyi Rih has completed the modernization of the automated control system at the wire rod mill-250 /150-6 in the third rolling shop. At this mill, the company produces rebar and wire rod in coils with a diameter of 5.5 to 32 mm. Initially, the project was estimated at UAH 48 million,... 14.05.2019  09:53

• LME Considers Expansion In China London Metal Exchange LME is in talks with officials in Guangdong, China to open a new warehouse. LME warehouses have almost complete coverage of the major countries and regions using tin, and Asia is currently served by three warehouses located in Taiwan, South Korea and Singapore. It is... 13.05.2019  11:23

• Shanghai steel contracts hinge on U.S.-China trade war Hot rolled metal and China rebar futures were higher on Friday as investors hoped the US and China would move closer to a trade deal. However, futures marked their weakest week in three months. The leading trade talks between the United States and China concluded the first of two days of... 13.05.2019  11:17

• European Valve Exporters Benefit from Algerian Manufacturing Challenges Over the past two weeks, rebar exporters from Southern Europe have benefited from problems at some of the main Algerian rebar factories. At the end of April, the Tosyali Algerie factory was shut down for several days due to a workers' strike. While production is reported to have resumed, a... 11.05.2019  11:38

• Vale SA sales decline after dam break Brazil's Vale SA said its production and sales of iron ore fell in the first quarter from a year earlier, reflecting the aftermath of the deadly collapse of the Brumadinho dam in late January. Iron ore production fell 11 percent to 72.87 million tonnes, while sales of this product fell 22... 10.05.2019  15:49

• Chile lifts anti-dumping duty on Mexican rebar The Chilean National Commission on Price Distortion (CNDP) has decided not to impose duties on imports of Mexican rebar. The authorities made this statement after the anti-dumping investigation was closed on May 5. The CNDP decided not to implement the measures "... after its committee... 10.05.2019  15:39

• Dneprospetsstal: results of April 2019 In April 2019, PrJSC Electrometallurgical Plant DNEPROSPETSSTAL named after I. A.N. Kuzmina ”delivered 20,710 tons of steel, which is 2.2% higher than the level of the previous month. During the same period, the Company produced 12,980 tons of rolled metal, which is 2.8% more than in March 2... 10.05.2019  15:30

• JSC "Ukrzaliznytsia" may receive less funds from the sale of scrap metal JSC "Ukrzaliznytsia" on 27.04.2019 and 05.05.2019 of the current year announced new auctions for the sale of scrap metal through the ProZorro system. Taking into account the level of purchase prices of metallurgical enterprises as of 05/08/2019, as of this date, the average estimated starting... 10.05.2019  10:10