Metallurgy news

• 25% U.S. duties on steel have no impact on Japanese companies' export earnings Japan is among the top 10 steel exporters to the United States, which imposed a 25 percent tariff on steel imports in March, which President Trump said was aimed at limiting supplies from China. "There has been no significant impact from US tariffs due to strong global demand," Nippon Steel's... 21.05.2018  11:25

• World Bank Forecasts Rise in Commodity Prices Oil prices are projected to average $ 65 a barrel in 2018, up from an average of $ 53 a barrel in 2017, based on strong consumer demand and restraint from oil producers, while prices metals will rise 9 percent this year on demand, the World Bank said. Energy prices, including oil, natural gas... 18.05.2018  12:07

• EU offers US energy cooperation in exchange for elimination of tariffs on steel and aluminum European Commission President Jean-Claude Juncker on May 17 proposed that the United States liberalize specific areas of cooperation, including an increase in the energy sector, if Washington permanently excludes the European Union from additional customs duties on steel and aluminum. “Once a... 18.05.2018  11:44

• ArcelorMittal's acquisition of Ilva will benefit Poland According to the management of ArcelorMittal, the takeover of Ilva does not mean the marginalization of Polish factories, but it will have a positive impact on the development of the rolled metal segment in Poland. Some buyers are also hoping to lower the price of the product. The Ilva... 18.05.2018  11:17

• How the Russian aluminum giant escaped US sanctions These were to be the toughest sanctions the United States has ever imposed on a Russian oligarch. Seventeen days later, Washington neutralized them. On April 23, the US Treasury eased restrictions on the aluminum company Rusal by billionaire Oleg Deripaska. Washington's change in course stems... 17.05.2018  12:49

• In Ukraine, coal production increased in April with a general drop since the beginning of the year Coal production in Ukraine during April increased by 5.8% on an annualized basis to 2.865 million tons, according to the Ministry of Energy and Coal Industry. In the first four months of the year, Ukraine produced 11.236 million tons of coal, which is 14% lower than last year. Thermal coal... 17.05.2018  12:33

• NPGU: "ArcelorMittal Kryvyi Rih" suspended work On Wednesday, May 16, from 7 am at PJSC "ArcelorMittal Kryvyi Rih", the workers of the first shift of the railway workshop began to act according to the instructions. This was reported in the Confederation of Free Trade Unions of Ukraine with reference to the chairman of the local primary cell of... 16.05.2018  22:23

• PJSC "ArcelorMittal Kryvyi Rih" reduces waste by applying innovative solutions PJSC "ArcelorMittal Kryvyi Rih" uses blast furnace slag as a ballast layer for the railroad bed instead of traditional crushed stone. This practice is used for the first time in Ukraine and allows the company to reduce waste and reduce the share of purchased crushed stone. For all types of... 16.05.2018  13:41

• Turkey's steel sector results for the first quarter In the first quarter of 2018, Turkey's metallurgical industry production performance reflects robust growth compared to the corresponding prior year. Nevertheless, there was a decrease in the volume of exports of rolled metal products. Consumption of long products of our own production in the... 15.05.2018  10:22

• The specter of overproduction haunts China's steelmakers again Expectations of an uptick in steel production in China, along with signs of weakening demand, are pooled, creating worries for Chinese steel companies. Steel prices in China have weakened this year after two years of gains, and steel rebar traded in Shanghai fell 15% from a peak in December amid... 15.05.2018  10:04