Metallurgy news

• Malaysia introduces preliminary tariffs for rebar from Singapore and Turkey The Ministry of International Trade and Industry said Malaysia has imposed temporary anti-dumping duties on reinforced concrete rebars from Singapore and Turkey. Following a preliminary investigation that began in late April, Malaysia will impose an interim measure “in the form of temporary a... 26.09.2019  12:50

• Metalloinvest announces early redemption of its 2020 Eurobonds The world's leading iron ore and HBI producer and supplier, as well as one of the regional high-quality steel producers, Metalloinvest, have announced their intention to redeem their 2020 Eurobonds ahead of schedule. In order to optimize its loan portfolio, the Company decided to repurchase its... 25.09.2019  12:27

• Brazilian steel production fell in August According to the latest data from the Brazilian Steel Institute (IABr), Brazil produced about 2.52 million tonnes of crude steel in August, down 13.4% from the same period last year. Rolled steel production in August was about 1.84 million tonnes, down 3.3% year-on-year. From January to August,... 25.09.2019  12:22

• Pakistan closes 5 rolling mills due to air pollution The Pakistani Environmental Protection Agency has closed five rolling mills in Lahore due to air pollution problems in those mills. Ali Ijaz, deputy director of the Environmental Protection Department (EPD), said the factories were shut down because they were using low-quality fuel and emitted... 25.09.2019  12:16

• Steelmakers in Turkey hope to replace US tariffs with import quotas Turkish steelmakers tried to positively regain their share of the US steel market. Some steelmakers hoped to discuss the matter with US authorities, although there is currently no reliable information on the market. Some market participants hoped to replace US tariffs with 25% import quotas.... 24.09.2019  10:46

• US-UK Trade Agreement Expected July 2020 The main goal of the US was to hope that the UK would lower the import tariff on US steel products, and the goal for the UK was to get permission to enter the US financial services market. According to Donald Trump's G7 announcement in August, a US-UK trade agreement was in progress and both... 24.09.2019  10:42

• Steel recycling policy in India fused to strengthen steel sector The government is pushing for steel recycling policies as it seeks to increase scrap use, production, reduce India's dependence on imports of raw materials for steel production, and attract investment. “By next month we will probably have a solid policy. We have already prepared one at the M... 24.09.2019  10:28

• China's energy plan envisions a giant railway line Nothing demonstrates China's dedication to the dirtiest fossil fuels better than the eschewing massive coal railroad. Nearly a decade later, the Haoji Railway, worth about $ 30 billion, will eventually transport up to 200 million tons from key mining regions in the north to consumers in the... 23.09.2019  11:35

• US steel capacity remains below 80% utilization US steel production declined in the week ending September 14 as domestic steel mills continued to operate below 80% of their capacity, according to the latest weekly report from the American Iron and Steel Institute (AISI). Capacity utilization, a key metric in the steel industry, has remained... 23.09.2019  11:27

• Russian exports of ferrosilicon have grown According to statistics, Russian exports of ferrosilicon (silicon> 55%) in July amounted to about 38,000 tons, which is 40% more than in the previous month. Among destinations, exports to the Netherlands, South Africa and Mexico were down month on month, but exports to South Korea, Japan, India... 23.09.2019  10:49