Metallurgy news

• Chinese steel company plans to expand investment in Sierra Leone Shandong Steel Group plans to expand its investments in Sierra Leone by investing $ 700 million in the construction of processing plants. The chairman of the Chinese steel company said this during a visit to Sierra Leone. He assured the president of that country that the goal of the company in... 08.11.2016  11:59

• US adjusts anti-dumping duties on Korean OCTG imports The US Department of Commerce announced that it has adjusted downward anti-dumping duties on South Korean OCTG imports. On August 2, the International Trade Court (CIT) indicated that the dumping margin was not consistent with the end results. The current anti-dumping duty ranged from 9.89% -... 07.11.2016  12:26

• India Introduces Temporary Anti-Dumping Duties on Chinese Imports of Hot Rolled Steel In order to protect local steel mills by reducing imports of hot rolled steel imported from China, the Indian government announced that it will impose temporary anti-dumping duties on Chinese hot rolled steel from November 3 for six months. Indian steel mills have said Chinese manufacturers are... 07.11.2016  12:08

• Iran drills 8 offshore oil and gas wells in 6 months The National Iranian Drilling Company (NIDC) has drilled about 3,313 meters of offshore oil and gas wells using its own drilling fleet during the first half of the current Iranian fiscal year (started March 20). The company has drilled 8 offshore oil and gas wells within six months, the SHANA... 07.11.2016  12:00

• Research: Nord Stream 2 will make Germany an energy hub According to a joint study by Ewi Energy Research and the European Center for Energy and Resource Security (EUCERS), gas supplies to the EU will soon change dramatically as European gas production declines. The study says the EU has several options for the next 20 years to diversify its gas... 07.11.2016  11:38

• South Korea will provide state support to shipbuilding The South Korean government plans to spend KRW 11 trillion ($ 9.6 billion) by 2020 to help shipyards build 250 ships. This is a reaction to a sharp decline in new orders, down 87 percent, in the first nine months of 2016, the Commerce Department said. The three largest Korean shipyards Hyundai... 06.11.2016  11:49

• Ukraine became the largest exporter of agglomerated iron ore to China From January to September 2016, China's iron ore imports increased by 9%, and amounted to 762.594 million tons in nine months. However, the total value of imports in the country fell by almost 6.3% over the year. Australia was the largest exporter of iron ore to China during this period. Imports... 06.11.2016  11:30

• Hillary Clinton received gifts from Qatar The Clinton Foundation has confirmed a $ 1 million "gift" from Qatar. The donation took place while Hillary Clinton was Foreign Secretary, according to Reuters in the English Service. Corporate gifts have always played a huge role in the world of big business, but there are more interesting ideas... 06.11.2016  11:02

• China buys German scrap recycling company Chinese companies expect significant growth in the country's scrap metal market in the coming years. One of the Chinese companies decided to buy the German company Scholz Holding in order to gain the know-how needed to operate in the scrap metal market. The Chinese Chiho-Tiande Group bought... 05.11.2016  12:18

• In November, the EU will discuss granting China the status of a market economy In the first half of November, the EU will submit a legislative proposal to grant China the status of a country with a market economy. This issue is important, in particular, in the context of the challenge in connection with the application of price dumping by China in the metallurgical... 05.11.2016  11:38