Metallurgy news

• China may import record volumes of copper According to SMM experts, this year China can import record volumes of this metal. Experts from the research company SMM Information & Technology Co. Shanghai estimates that imports of copper ore and its concentrate to China will increase by 15 percent in 2018 to a record 20 million... 20.08.2018  12:54

• Nord Stream 2 at the center of discussions at the meeting between Merkel and Putin During a meeting in Meseberg in Brandenburg, German Chancellor Angela Merkel and Russian President Vladimir Putin also discussed the construction of the Nord Stream 2 gas pipeline. At this meeting, such large joint projects as Nord Stream 2 were discussed, ”Kremlin spokesman Dmitry Peskov said o... 20.08.2018  12:44

• Vietnamese steel sector caught in US-China trade war The vice chairman of the Vietnam Steel Association said the country was suspected of transiting Chinese steel for export abroad. To counter this, the US Department of Commerce imposed a 199.76% anti-dumping tax and a special consumption tax of 260.44% on Vietnamese cold rolled coils allegedly... 20.08.2018  11:03

• The results of the Chinese production of metals in July In China, zinc production in July fell 3.5% year on year to 439,000 tons, the National Bureau of Statistics said on Thursday, the lowest monthly total since August 2013. At the same time, the volume of copper production in July rose by 11.8% year on year to 732 thousand tons. China's alumina... 17.08.2018  12:29

• The interweaving of the US scrap metal markets and Turkey's rolled metal markets Given that one country is the world's largest exporter of scrap metal and another is the world's largest importer of scrap metal, the United States and Turkey seem inextricably linked. Market dynamics and perhaps even the forced intervention of American scrap metal dealers and Turkish steel... 17.08.2018  12:13

• ArcelorMittal Poland builds new electrostatic precipitators ArcelorMittal Poland's Donbrowa Gornicza office is undertaking further projects that will reduce the plant's environmental impact. We are talking about the construction of three electrostatic precipitators, including one for the transshipment point of coke and iron ore. Investments in the amount of... 17.08.2018  11:20

• ArcelorMittal Announces Resumption of Expansion Project in Brazil ArcelorMittal is set to resume a $ 330 million expansion project at its Vega plant in the Brazilian state of Santa Catarina. Expansion plans were put on hold in 2011 following the country's recession. The plant mainly produces specialized grades of steel for automotive, construction and household... 16.08.2018  11:27

• Steel imports in Europe do not decline despite anti-dumping measures The chronic and cumbersome anti-dumping procedure in the European Union is still not very effective. True, over the past ten months, the pressure of steel from China and Russia has decreased, but the data indicate growing imports of rolled metal products from India and Turkey. This is further... 15.08.2018  13:37

• US hot rolled steel prices plunge to lowest level since June 1 Hot rolled steel prices in the United States fell to their lowest level since June 1, as mill prices decline and buyers hold on to limited orders. The daily US hot rolled coil price fell $ 7.25 to $ 894. Decrease in HRC to its lowest level since June and 2.9% from July highs. Suggestions may... 15.08.2018  12:01

• Vladimir Putin will come to Germany for talks with Angela Merkel Russian President Vladimir Putin will arrive in Germany on August 18 for talks with Chancellor Angela Merkel on the war in Syria, the situation in eastern Ukraine and the Nord Stream 2 gas pipeline, said German government spokesman Steffen Seiber. Putin's previous meeting with Merkel took place... 14.08.2018  11:11