Metallurgy news

• There are not enough metals for green energy In the past year, significant progress has been made in the consumption of renewable energy. However, green energy is still a small but rapidly growing segment. To ensure a full transition to green energy, the use of certain metals will need to increase more than 10 times from what is currently... 13.01.2018  11:21

• USA to recalculate anti-dumping duty on Hyundai metallurgical products A U.S. court ordered the U.S. Department of Commerce to recalculate the anti-dumping margin for Hyundai Steel Co. products, a partial victory for South Korea's second-largest steelmaker. US Court of International Trade Judge Jane Restany said Wednesday (local time) that the Commerce Department's... 12.01.2018  13:27

• Chinese steel futures ramp up profits Chinese steel futures rose for a third straight day after Beijing stepped up measures to curb steel production to curb overcapacity and help stem pollution, but overstretched demand worries. The most active rebar contract on the Shanghai Futures Exchange rose 0.1 percent to 3838 yuan ($ 589.81)... 12.01.2018  12:59

• Forecasts show further increase in copper prices Copper is still getting more expensive on the London stock exchange. Metal on the LME in 3-month delivery was valued after the opening session at $ 4.50 higher compared to January 10 - after $ 7,155.50 per tonne. This was in reaction to forecasts by Citigroup analysts that there are risks of... 12.01.2018  09:46

• Polish sheet steel strengthens export positions in Europe Thanks to investments and the blocking of steel imports from the East, Polish metallurgical plants are increasing their foreign sales. Exports of sheet metal have increased by almost half. At the end of 2017, the export of steel sheets from Poland increased by 43.2 percent. The reasons for the... 11.01.2018  10:31

• IG Metall will continue strike in Germany Jörg Hofmann, head of the German trade union IG Metall, announced the continuation of preventive action in the metallurgical and electrical industries until the next round of tariff negotiations. In North Rhine-Westphalia, more than 20,000 employees were invited to strike on Wednesday, an IG ... 11.01.2018  10:23

• Vietnamese Metallurgists Demand Strong Response to US Tariffs The Vietnamese Steel Association (VSA) is urging the government to take strong action against the anti-dumping duties imposed by the United States on certain products, including considering WTO litigation if necessary. The association has asked the Ministry of Industry and Trade (MIT) to take... 10.01.2018  13:54

• Azovstal cuts production of sheet steel due to EU The Mariupol metallurgical plant Azovstal, according to UGMK.info, plans to produce about 71 thousand tons of heavy plate in January 2017, which is 14 percent less than the result of the previous month. It is explained that the reduction in the production of sheet metal products is associated... 10.01.2018  13:12

• Gas from Russia will go to the USA Russian LNG will also ship to Boston in January in January. The deal follows a surge in gas prices on the east coast of the United States. Gas from Russia is transported by tanker Gaselys, owned by the French corporation Engie. The liquefied gas will be transported from the UK terminal on Zern... 09.01.2018  12:53

• Copper is on the side of growth again Copper prices on the London Metal Exchange are rising slightly. Metal on the LME in 3-month deliveries rose 0.3 percent to $ 7,333.00 per tonne. Changes in quotes may occur in the coming weeks, but close to current levels, until some stronger factors emerge that will push the market up or down,... 08.01.2018  10:12