Metallurgy news

• Australian government raises iron ore price forecasts for 2018 Australian economists raised their forecasts for iron ore and metallurgical coal prices for 2018 and 2019, but are of the opinion that prices will fall further over that time, according to a resource and energy report released on Monday. The report, which is released quarterly by the Australian... 10.04.2018  10:17

• Copper prices decline after important announcement from Donald Trump Copper and other metals are cheaper on the London stock exchange following the announcement by the US of additional obligations towards China. Donald Trump May Increase Customs Duty For Products From China. Copper in three-month shipments at the LME in London is valued at $ 6,754.00 per tonne... 06.04.2018  16:00

• China disputes US tariffs on steel imports at WTO China's Department of Commerce has filed a complaint with the World Trade Organization (WTO) regarding US restrictions on imports of steel products. China's Commerce Department accused Washington Thursday of "commercial protectionism under the guise of national security" and criticized this... 06.04.2018  15:54

• Production results of MMC of Ukraine for March and the first quarter of 2018 In March this year, the metallurgical enterprises of Ukraine released: 1.68 million tonnes of pig iron, up 3% compared to February 2018, 1.71 million tonnes of steel, up 6%, rolled 1.51 million tonnes, up 7%. In the first quarter of 2018, the following was produced: pig iron 5.25 million tons... 05.04.2018  14:30

• Will China's project spur global production of raw materials and metals? China's Belt and Road Initiative (BRI) is one of those rare things that almost everyone seems to have heard of, but equally very few people can claim to understand in detail what it means. Thinking in a big way, the BRI as a kind of Marshall Plan for Asia, Africa and even Europe is a set of... 05.04.2018  13:50

• Ukraine has sharply increased the export of scrap metal Ukraine in the first quarter of 2018 increased the export of ferrous scrap by 3.6 times compared to the same period last year (APPG) to 140,116 tons. In monetary terms, the export of scrap from Ukraine in January-March of this year increased 4.1 times to USD 47.788 million. In the Verkhovna Rada... 04.04.2018  19:45

• China's new countermeasures in response to US tariffs The official said a Chinese industry body that has recommended targeting scrap metal in retaliation for trade against the United States and is already looking into what other measures could be taken. The United States is the largest supplier of scrap metal to China, which is the world's largest... 04.04.2018  13:35

• Coal use will decline sharply in the next 30 years According to the World Bank, the world's dependence on energy sources such as oil and coal, one of the main culprits of pollution, is decreasing. “The model is coal and renewable energy, the model can be gas and renewable energy. I think in 10, 12 years we will see renewable energy sources and n... 04.04.2018  13:26

• Many U.S. industries expect steel prices to rise The US is the largest steel importer in the world, importing 34.6 million tonnes this year, according to a recent report from the US Department of Commerce. Canada was the top exporter at 17%, followed by Brazil and South Korea. About half of the steel products imported into the United States are... 03.04.2018  12:41

• Liquidation of China's steel production falls on private producers Private steel companies in China are playing a large role in reducing production capacity in the industry, according to the sector's chamber of commerce. In 2017, China cut steel production by more than 50 million tonnes, while private steel companies provided 40 million tonnes of cuts - 80... 03.04.2018  12:23