Metallurgy news

• Worldsteel presented its statistical yearbook 2016 Worldsteel has announced the publication of the Steel Statistical Yearbook 2016. World crude steel production was 1,620.408 million tonnes in 2015, while Asian crude steel production reached 1,112.872 million tonnes during the year. Crude steel production in other regions is as follows: EU-28... 17.11.2016  10:54

• China opposes EU anti-dumping practices The Chinese Ministry of Commerce recognizes the EU's decision on tariffs on seamless pipes as unfair and unjustified. The European Commission announced the introduction of new rules for calculating dumping, which will impose obligations on WTO members. Following the European Union's imposition... 17.11.2016  10:21

• Iran plans to achieve production of 55 million tons of steel by 2025 Iran, in the strategic plan for the development of the metallurgical industry, has determined that by 2025 it should have a design capacity of 55 million tons of steel. The increase in steel production capacity is associated with further industrialization and the presence of a huge market in the... 16.11.2016  10:15

• The White House will support the creation of the Southern Gas Corridor The Southern Gas Corridor is one of the priority energy projects for the EU. It provides for the transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian region to European countries through the territory of Georgia and Turkey, according to the White House. A statement on... 16.11.2016  09:58

• Dneprospetsstal summed up production results in October 2016 In October 2016, PJSC "Electrometallurgical Plant" Dneprospetsstal "named after A.N. Kuzmin ”delivered 22,821 tons of steel, which is 8.2 percent higher than the level of the previous month. During the same period, the enterprise produced 13 626 tons of rolled metal, which is 2.2 percent more than i... 15.11.2016  16:29

• EU Introduces Anti-Dumping Duties on Chinese Steel Pipes The EU has decided to impose anti-dumping duties on seamless pipes made in China of up to more than 80 percent. The EU 28 thus wants to protect itself from the influx of subsidized goods. The products that have been the subject of anti-dumping measures are used in power plants, construction... 15.11.2016  10:20

• Chinese Steel Exports Will Reduce By 15% In October Steel exports from China recorded a sharp decline during October this year amid stringent restrictions and duties imposed by several countries on cheap steel products imported from China. The sharp drop in exports was also driven by increased demand in the domestic market, according to a press... 15.11.2016  10:02

• Russia has reduced the export of ferrous scrap The latest trade data published by the Federal Customs Service of Russia shows that the export of ferrous scrap in the country over the eight months of this year has slightly decreased compared to the corresponding period in 2015. At the same time, the volume of exports during August 2016 fell to... 15.11.2016  09:48

• Copper on the London Stock Exchange boosts growth Copper prices on the London Metal Exchange have skyrocketed again. Copper on the LME for three-month delivery traded at $ 5,736.50 a tonne, after a 3.4 percent increase. And during the previous week, copper on the Shanghai Stock Exchange climbed 19 percent. Markets are not responding to warnings... 14.11.2016  11:13

• Iranian Iron Ore Exports Up 54% Iranian iron ore exports jumped 54% year on year to 8.46 million tonnes during the first half of the Iranian year, to September 21, despite the Iranian government's policy of restricting raw material exports. Iranian imports of iron ore pellets fell sharply by 93% year on year to 65,000 tonnes... 14.11.2016  10:31