Metallurgy news

• Poland's metallurgy faces high electricity prices The steel industry in Poland has theoretically good conditions for progress - the market is growing and consumption is growing too. But, if the situation on the world market allows breathing freely, then the problems are provoked by the EU rules and the indifference of the Polish government. Poland... 08.11.2018  11:59

• US blames China and India for unfair welded pipe trade The US Department of Commerce said China and India subsidized large diameter welded steel pipes supplied to the United States. The department found that the two countries were selling pipes below fair value at rates ranging from 50.55 to 132.63 percent. In August, the US Department of... 08.11.2018  11:18

• Low Automotive Steel Demand Impacts Voestalpine Profits Austrian steelmaker Voestalpine's net profit fell 19 percent in the first half of the year, driven largely by lower demand for steel from automakers, maintenance work on its largest blast furnace and an unplanned closure of its US plant. Net income for the six months to September was € 316.2 m... 08.11.2018  09:12

• Brazil Considers Anti-Dumping Duties on Chinese Seamless Pipes Brazil has launched an official review of anti-dumping duties on imports of seamless steel pipes from China, according to a document from the local foreign trade secretariat of the Brazilian Ministry of Industry. The Brazilian authorities note that there is sufficient evidence of damage to the... 07.11.2018  09:33

• WTO supports Japan on protective duties on India's steel imports The Dispute Panel of the World Trade Organization (WTO) has largely supported Japan's complaint about the guarantee duty imposed by India on steel imports over two and a half years, the ruling said Tuesday. The decision, which can be appealed by both sides, says India has violated WTO rules and... 07.11.2018  09:16

• SSAB invests heavily in Alabama Steel Plant Swedish steel company SSAB plans to invest up to US $ 100 million in steel operations at its Mobile, Alabama plant. The goal is to increase production capacity for value-added high-strength steels, improving operational efficiency and reducing raw material costs. The planned improvement works... 07.11.2018  08:59

• Profits of Chinese steel companies grow 86% in the first three quarters China's steel industry increased profits in January-September, along with improvements in environmental protection and a reduction in leverage, according to industry association data. According to the China Metallurgical Sector Association (CISA), the industry's total profit grew 86% year on... 06.11.2018  11:17

• Global DRI Output Drops Significantly In September Preliminary data released by the World Steel Association suggests that global sponge iron (DRI) production recorded a marginal decline throughout September this year. Compared to the previous month, production decreased by 1.5%. In September this year, DRI production was 6.828 million tonnes, up... 06.11.2018  10:56

• PJSC "ArcelorMittal Kryvyi Rih" renovates filling and distribution points for mining and railway equipment PJSC "ArcelorMittal Kryvyi Rih" has completed the construction of an outfitting center at the railway station "Karyernaya" intended for refueling diesel locomotives, railway cranes for repairing tracks and filling petrol stations. The latter deliver fuel from the point to the quarry for refueling... 05.11.2018  12:13

• Tariffs and Quotas Cannot Stop Growth in Turkey's Rolled Metal Exports For 10 months of 2018, the export of Turkish metal products increased, compared to the same period in 2017, by 15.5% to 16.8 million tons, providing an increase of 35.2% in monetary terms. The expansion of the Turkish metallurgical presence in the Latin American markets was observed, the volume... 05.11.2018  11:57