Metallurgy news

• China began to carry out winter steel production cuts a month earlier In China's largest steel city, Tangshan, factories were ordered to cut production a month earlier than expected to meet tough air quality targets in 2017, according to a notice issued by the municipal government. The central government announced in August that 28 cities in and around Hebei will... 13.10.2017  09:13

• Anti-dumping import duties on cold rolled stainless steel The Malaysian government has imposed temporary anti-dumping duties on cold rolled stainless steel imports from China, South Korea, Taiwan and Thailand, establishing sufficient evidence to continue their investigation. The duties, which range from 7.27% to 111.61%, and will be valid for no more... 13.10.2017  08:52

• Fed policy boosts commodities Federal Reserve Chairman Janet Yellen noted that she will continue to raise interest rates and begin to cut the balance sheet. Under normal circumstances, this policy should lower commodity prices. But this is not happening. In recent history, the balance sheets of the major four central banks -... 12.10.2017  10:25

• Ukraine harvested grain from 78 percent of the area Ukrainian farmers have harvested 43.7 million tonnes of grain with an average yield of 3.86 tonnes per hectare this year, the agriculture ministry said on Tuesday. Farmers, as of October 10, dropped 78 percent of the grain from the 14.6 million hectares planted with grain. The ministry said... 12.10.2017  10:16

• India aims to oust Japan as the world's second largest steel producer Steel demand in India is gaining momentum amid extensive infrastructure construction. Minister of Industry Secretary Aruna Sharma said: "We expect domestic consumption to increase over ten years, starting in 2020." Currently, the annual capacity of all steelmaking plants in India is 126... 12.10.2017  08:47

• The construction industry needs to increase the range of rolled metal products During the last International Metallurgical Forum "Science and Innovations" the Executive Director of the USCC Vyacheslav Kolesnik spoke about the needs of the Ukrainian construction market in a wide range of rolled metal products. Speaking to the forum participants, Vyacheslav Kolesnik said... 11.10.2017  12:41

• The power of the global coal energy will increase by 43% Chinese companies will build 700 coal plants in China and beyond. The surprising numbers run counter to the year-over-year trend in China, where dangerously high levels of pollution are forcing the closure of hundreds of coal mines and curtailing steel production. In January, Beijing announced... 11.10.2017  11:10

• Iron ore dangerously close to $ 60 per ton Iron ore prices continued their downward trend on Tuesday amid continuing fears that the looming environmental contraction in China's steel production will reduce demand for steel raw materials. Ore with 62% iron in Qingdao port fell 2.6% to $ 61.01 per tonne. The best-selling iron ore on the... 11.10.2017  10:39

• Coal prices continue to rise in European ports International coal prices have continued to rise in recent weeks. The most dynamic growth was observed in European ports, according to the latest analysis by the Industrial Development Agency, which monitors the situation on the coal market. Currently, the price of coal on the world market is... 10.10.2017  10:23

• Ukrainian miners blocked crossing the border with Poland Coal miners in the Volyn region in northwestern Ukraine have blocked the road to the Yagodin-Dorogusk border crossing with Poland, according to the Ukrainian border guard. They are demanding payment of back wages. The blockade participants are workers of the mine in Novovolynsk, who have not... 10.10.2017  09:52