Metallurgy news

• EU members agree to cut natural gas consumption by 15% The European Commission on July 20 proposed to propose to members of the Union to reduce natural gas consumption by 15% from August 1, 2022 to March 31, 2023, in order to cope with the shortage of natural gas and reduce dependence on Russia in the energy sector. . However, this proposal was opposed... 28.07.2022  09:10

• Ruslom opposes the extension of export duties until the end of 2022 Russian scrap metal association Ruslom says it resists extending scrap export quotas and export tariffs until the end of 2022 of the year . sharply reduced, which will lead to huge losses for exporters. Currently, the domestic scrap metal market in Russia has a surplus of at least 19 million... 28.07.2022  09:09

• Export of wire rod from China increased in June According to the report, the General Administration of Customs of the People's Republic of China said that China's wire rod exports stood at about 445,000 tons in June, up 113% year on year and up 36% from the previous month. Among them, South Korea was still the main importer of wire rod from... 27.07.2022  10:12

• Pilbara Ports registers record exports The Pilbara Ports Authority (PPA) has once again broken its annual throughput record, registering a throughput of 733.1 million tonnes in fiscal year 2021-22. This is 1% more than in the previous financial year and shows a solid performance despite the challenges caused by the Covid-19 pandemic.... 27.07.2022  09:56

• Steel production in India up 6% to 10mt in June - worldsteel India's crude steel production rose over 6% year on year to 10 million tonnes in June 2022, according to the World Steel Association. According to the World Steel Association (worldsteel), India is the only country that recorded a positive increase in steel production in June. In the same... 27.07.2022  09:54

• ArcelorMittal partners with Spanish company Gestamp ArcelorMittal has announced a successful collaboration with Gestamp, a leading Tier 1 vehicle supplier in Spain, on the use of low carbon steel for use in automotive components during the testing phase. Their ultimate goal is to make these automotive components suitable for vehicle production in... 26.07.2022  09:43

• UK government imposes new sanctions against Russia According to the UK Department of International Trade, the UK has revised its sanctions rules against Russia. The amendments prohibit the import of oil and products of its processing, coal and products of its processing, as well as gold from Russia. The UK will also prohibit the provision of... 26.07.2022  09:41

• Steel trade in China to decline in coming months China's semi-finished steel exports fell 3.1% month-on-month to 278,000 tons in June, falling for the first time in three months, the country's customs data on July 21 showed. While June volume was still well above the 1,618 tons exported a year earlier, sluggish overseas demand led to a sharp... 22.07.2022  13:33

• EU approves Germany's plans to develop energy-intensive industries The EU competition authority has approved a German project worth around 5 billion euros to develop energy-intensive industries, as the European economy has been hit hard by the Russian-Ukrainian war. The current geopolitical crisis and soaring energy prices continued to affect the development of... 22.07.2022  13:01

• Japan crude steel production down in June Japan's crude steel production stood at 7.45 million tons in June this year, down 7.6% from the previous month and 8.1% from the same month last year, according to the Japan Iron and Steel Federation (JISF). of the year. Pig iron production for the reporting period amounted to 5.25 million tons,... 22.07.2022  13:00