Metallurgy news
-
In Dammam, the first in Saudi Arabia will be built a plant for the production of EDP ingotsRayanco, the leading supplier of scrap metal in Saudi Arabia, announced plans for the construction of the first plant in the country for the production of steel ingots with an electric -armed stove (EDF). Новый объект будет стратегически расположен в 3-й промышленной зоне Даммама, что станет важной…
-
The United States supports the CVD order for wire rod from ChinaThe U.S. Department of Commerce (DOC) has announced the final results of the review of countervailing duty orders (CVD) for carbon and alloy steel wire rods from China.DOC has determined that the cancellation of countervailing duty orders (CVD) for these products from China is likely to result in…
-
DRI global trade will remain stable in 2025, despite tariffs and sanctionsAmerican company Midrex Technologies, a subsidiary of the Japanese steel company Kobe Steel, published its global statistics on production and iron trade trade (DRI), showing that the world production of DRI has grown to 140.8 million tons in 2024, which is 3.8 percent more than 135.7 million. tons…
-
NBS: Reinforcement prices in China decreased by 0.2 percent in mid -AugustIn mid-August (August 1-10) of this year, the average price in China HRB 400e 20 mm decreased by RMB 6.4/MT ($ 0.9/MT) or 0.2 percent to RMB 3261.0/MT ($ 459/MT), compared with the price in early August (August 1-10), as announced by the National Statistics Bureau of Statistics China. At a given…
-
South Korea creates new anti-dumping team to combat unfair trade practicesSouth Korea's Ministry of Economy and Finance has announced that it will set up a special anti-dumping group in its Tax Policy Directorate to combat unfair trade practices. This move is due to the fact that anti-dumping investigations imposed on foreign imports have steadily increased over the past…
-
Indian-Chinese trade relations are not balancedChinese exports to India exceed Chinese imports from this country by 6-7 times, and this trend is only increasing over time: in 2019-2023, Chinese shipments increased by 76%, while Indian shipments decreased by 7%.The growth of Chinese metal exports to India is a huge 42% per year!
-
BHP: Chinese steel plateau, India becomes a key growth driverAustralian mining giant BHP released its economic and raw materials forecast for August 2025, which emphasizes the stability of demand for bulk raw materials, despite uncertainty in world trade. Political shifts, tariffs and industrial interventions determined the year, influencing trade flows and…
-
Zaporizhstal has invested $3 million in the modernization of heat wells in the hot rolling workshopThe Ukrainian Metallurgical Plant Zaporizhstal, part of the Metinvest Group, is promoting an annual capital investment program with a large-scale modernization project for its hot rolling workshop. The company is carrying out major repairs of three groups of heating wells (four wells per group) in…
-
Daily production of raw steel at CISA plants increased by 2.0% in early August, the reserves also grewThe Chinese Association of ferrous metallurgy (CISA) reported that in mid -August (August 11-20) this year, the average daily production volume of raw steel large and average steel enterprises in China - all members of CISA - amounted to 2.115 million tons, which is 2.0 percent more compared to the…
-
BC Jindal Group invests $1.7 billion in construction of new steel millIndia's BC Jindal Group is investing approximately $1.71 billion in a new steel processing plant in the eastern state of Odisha, the company said in a statement released on Tuesday, August 26.The investment will be carried out through its subsidiary Jindal India Steel Tech Limited in three phases…
Pages
← previous
next →
