Metallurgy news

• Exporters of hot rolled coils from CIS reduce the price Hot rolled steel suppliers from Russia and Ukraine have succumbed to market pressure, selling their products at levels lower than those offered in the last week of March. They subsequently lowered the quotes accordingly for the new availability, A Russian supplier from the Urals accepted bids at... 02.04.2019  10:14

• Hyundai Steel to spend 530 billion won to reduce emissions Hyundai Steel Co., the second largest South Korean steel mill, said Monday it plans to cut its environmentally harmful emissions by more than 50 percent from current levels. Hyundai Steel said it intends to spend approximately 530 billion won (US $ 468 million) to address fine dust and other... 02.04.2019  10:08

• Philippines Steel Consumption To Reach Record In 2019 Steel consumption in the Philippines is forecast to grow 5-6 percent this year to a record 11.1 million tonnes as the country's economy continues to grow. After rising just 2 percent in 2017 due to high prices, steel consumption in the country jumped about 9 percent last year to a record 10.5... 02.04.2019  10:03

• Metallurgical production indicators in Ukraine for the first quarter of 2019 During March 2019, metallurgical enterprises of Ukraine produced: 1.80 million tons of pig iron, which is 14.3% higher compared to February 2019, 1.96 million tons of steel, which is 16% higher, 1.54 million tons of rolled metal, which 11.4% higher. Production in the first quarter of 2019: 5.18... 02.04.2019  09:54

• Korea criticizes China's anti-dumping investigation on stainless steel South Korea's Industry Ministry said Friday it expressed concern over China's anti-dumping investigation of hot rolled stainless steel sheets, saying locally made products are not negatively affecting Chinese industry. The move follows Beijing's anti-dumping checks on imported hot rolled... 30.03.2019  14:10

• Results of production of MMC of Ukraine in January-February 2019 During two months of 2019, Ukrainian metallurgical enterprises produced 3.08 million tons of rolled metal (99.3% compared to the same period in 2018), of which about 2.71 million tons, or 88.0%, were exported. In the same period in 2018, the share of exports amounted to 84.8% (2.64 million tons... 30.03.2019  14:04

• ArcelorMittal Kryvyi Rih conducts an environmental campaign "Earth Hour" The most massive environmental campaign in the world - "Earth Hour" - is held annually as a sign of respect for nature. This year, Earth Hour will be held on March 30th. From 20.30 to 21:00 local time, millions of people around the world, including employees of ArcelorMittal Kryvyi Rih, will turn... 29.03.2019  16:42

• World leaders in steel production in February 2019 The production of crude steel by the countries of the world, which submitted the report of the World Steel Association (worldsteel), increased significantly in February this year. Monthly production data suggest that the output of the 64 reporting countries to the association is 4.1% higher than... 29.03.2019  11:51

• Results of the 1st quarter on the use of the EU tariff quota in order to protect against steel imports On March 31, 2019, the first, shortest quarter of the final protective measure introduced by the European Commission regarding the import of rolled metal into the customs territory of the European Union ends. Recall that there are 3 periods in total (I - from 02/02/2019 to 06/30/2019; II - from... 29.03.2019  10:40

• Turkish factories have reduced prices for shipments of scrap metal from the United States Turkish factories have finally broken the resistance of US scrap metal traders to lower rates after another flood of orders this week. This week there were seven reported for scrap, three from Europe, two from the Baltic and two from the United States. The most significant of these is the latest... 29.03.2019  10:22