Metallurgy news

• China will continue to reduce aluminum production in winter 2018-1919 China should continue to cut production in the aluminum sector during the upcoming winter heating season (November 15 - March 15) in line with its goals of saving energy and reducing emissions, the Ministry of Industry and Information Technology said on its website. According to MIIT... 04.08.2018  16:03

• India holds strong position in US steel and aluminum import negotiations India's Commerce Department is considering postponing the implementation of reciprocal US import tariffs and paving the way for a favorable 2 + 2 bilateral dialogue in September and exemption from US tariffs on Indian steel and aluminum. A reliable source told DNA Money that Washington has asked... 04.08.2018  15:55

• ArcelorMittal profit grows 41% in Q2 2018 ArcelorMittal expects the current favorable market conditions to continue in the second half of 2018. ArcelorMittal, the world's largest steel mill, posted strong results for the quarter and half year ending June 30, 2018. Profits rose significantly in the second quarter of 2018, mainly driven by... 03.08.2018  12:40

• Extreme heat in Asia and Europe raises coal prices Australian thermal coal prices hit new six-year highs as a heatwave sweeping through the northern hemisphere triggered a surge in demand for coal-fired power to keep air conditioning running. Coal cargo prices from Australia's Newcastle terminal were set at $ 121.75 per tonne, the highest since... 03.08.2018  11:09

• Interpipe to invest $ 14 million in the development of the production of pipes with premium connections The Ukrainian industrial company Interpipe has launched an investment project to increase the capacity for the production of casing pipes with premium threaded connections. The main equipment for the new line will be supplied by Danobat, a leading manufacturer of metalworking equipment.... 03.08.2018  11:04

• Iron ore production on the rise in Peru Peru increased its iron ore production year on year in the first half of 2018. “Iron production growth in the first half of the year was supported by good results from January to May, which helped contain the -23.6% drop in June. The decline was due to a drop in the productivity of CPS1's mining ... 01.08.2018  13:19

• EU restricts Ukrainian steel exports The mining and metallurgical complex of Ukraine is under severe pressure from protectionist measures from the United States and the EU. Ukraine is a metallurgical exporter of about 85% of all manufactured metal products, and only 15% is supplied to the domestic market. Most countries give... 01.08.2018  13:13

• US Steel Imports Down 16% Between May-June The US imported a total of 2.48 million tonnes of steel in June, according to the American Iron and Steel Institute. This figure includes 1.84 million tonnes of finished steel products, down 15.5% from May's final data. Annual steel imports in the first six months of 2018 decreased to 17.8... 01.08.2018  12:56

• Asia accounts for nearly 71% of global steel production In June of this year, the production of Asian crude steel was 107.378 million tons, which is significantly higher by 6.9% compared with the volume of production in the same period last year. In June 2017, regional production totaled only 100.458 million tonnes. Total production in the first six... 30.07.2018  11:04

• US steel industry benefits from trade war The trade war unleashed by the administration of President Donald Trump worries a large part of the American industry, but only the steel industry has the potential to make record profits. The tariffs imposed by the United States on imported steel boosted the price of rolled steel, which... 30.07.2018  10:40