Metallurgy news

• New US Tariffs Will Hit China's Tech Sector US President Donald Trump tweeted Thursday a plan to impose 10 percent tariffs on an additional $ 300 billion of imports from China starting September 1, affecting products such as laptops, tablets and smartphones. Analysts said Friday that an additional 10 percent tariff imposed on US $ 300... 05.08.2019  10:27

• Azovstal in 7 months reduced the production of rolled products by 8.3% The metallurgical plant Azovstal (Mariupol, Donetsk region), a member of the Metinvest group, in January-July 2019 reduced the production of general rolled products, according to operational data, by 8.3% compared to the same period in 2018 - to 2.183 million tons. As the representative of the... 02.08.2019  15:11

• Steel production in the EU-28 in the first half of 2019 fell by 3% European crude steel production faced a slight decline in June this year. According to the World Steel Association (worldsteel), for the month, domestic production amounted to 13.790 million tons. This is slightly lower, at 3.0%, when compared with the 14.219 million tonnes output achieved by the... 02.08.2019  14:18

• Severstal starts supplying pipes to Gazprom for the Kovykta-Chayandinsky section of the Power of Siberia gas pipeline Izhora Pipe Plant Severstal has begun supplying large-diameter pipes for the construction of the Kovykta-Chayanda section of the Power of Siberia gas pipeline to Gazprom. Based on the results of the tender won at the end of 2018, the company will supply the key client with about 100 thousand tons... 02.08.2019  12:29

• ArcelorMittal Italia comments on the Taranto court ruling ArcelorMittal Italia announced that it has taken note of the decision of the Taranto court directed to ILVA to refuse to operate the blast furnace. The statement said that "ArcelorMittal, the manager of the metallurgical plant, is not a party to the proceedings, but is in any event investigating... 02.08.2019  12:07

• Baosteel Zhanjiang Implements Digital Technology to Automate Hot Rolling Mill At the end of March 2019, Baosteel Zhanjiang, a subsidiary of China's Baoshan Iron and Steel Co Ltd, contracted Primetals Technologies to supply digitizing packages, automation technology and electrical equipment for its new 1,780 mm wide hot rolling mill to be built in Zhanjiang. Guangdong... 01.08.2019  11:02

• US lowered 39% tariff on Korean oil pipes The United States has more than doubled tariffs for Korean oil pipelines. US trade pressure on Korea is on the rise as US President Donald Trump seeks to strip it of its status as a developing country in the World Trade Organization (WTO). The US Department of Commerce decided to impose a 38.87... 01.08.2019  10:35

• ArcelorMittal Kryvyi Rih opened a new warehouse for metal products in Dnipro ArcelorMittal Kryvyi Rih has opened a new warehouse for metal products in the central region of Ukraine - in the Dnieper. It is located on the left bank at 1Zh Kursantskaya, where there is a convenient transport interchange and a railway line. From this site the enterprise plans to ship 5 thousand... 31.07.2019  14:41

• South Korea insists on US sanctions The World Trade Organization meeting revealed that South Korea plans to push for trade sanctions against the United States in a dispute over steel pipe tariffs. South Korea put the request for sanctions on the WTO agenda on August 9, but the United States is likely to challenge the request,... 31.07.2019  11:54

• Production of rolled metal products is growing in Iran Iranian finished steel production rose 16% year-over-year in three months to June 21, or the first quarter of the Iranian year, to 5.27 million tonnes, according to the Iranian Steel Producers Association (ISPA). Hot-rolled steel production increased 9% to 2.29 million tonnes, while rebar... 31.07.2019  11:42