Metallurgy news

• Results of rolled metal production in Ukraine for 5 months of 2021 In January-May 2021, Ukrainian metallurgical enterprises produced 8.02 million tons of rolled metal (107.98% compared to the same period in 2020), of which about 6.59 million tons, or 82.1%, were exported. The share of semi-finished products in export deliveries for 5 months of 2021 is 46.38%,... 18.06.2021  11:14

• Pricing trends in China and Europe may diverge China's control over its domestic steel industry could provide price stability in the country, while in other regions, namely Europe, prices continue to rise. This opinion was expressed at a virtual conference on Wednesday by Stemcor's Dick Sands and Kallanish European editor Emanuele... 17.06.2021  11:08

• US and EU Outline Trade Framework Following Section 232 Tariff Cancellation According to a joint statement released by the two government agencies, US tariffs on steel and aluminum exports to members of the European Union could be lifted by the end of the year. “We are committed to ensuring that this structure works to ensure a level playing field, overcome l... 17.06.2021  10:39

• A plan to support the South African steel industry The South African government and the steel industry have signed a Steel and Steel Structures Master Plan 1.0 to ensure the industry's short-term survival and long-term growth and sustainability. These measures include the establishment of a R 1.5 billion (US $ 108.8 million) Steel Refining and... 16.06.2021  11:39

• Steel futures in China fell due to lower seasonal demand Construction rebar and hot rolled coil futures in China fell on Tuesday due to weak downstream demand, while raw material prices rose, primarily for coke, following the announcement of production control in Shandong province. The data showed that apparent consumption of the five major steel... 16.06.2021  11:37

• When will Trump's tariffs be canceled? Traders in the US steel market are skeptical about news that the US and EU may soon agree to drop Trump-era tariffs 232. Allegedly, there is a draft agreement, which seems to say that the tariffs will be canceled by December, but the details are few, and the draft itself is not a public... 15.06.2021  11:31

• China's daily steel production rises in June The increase in daily steel production at 318 Chinese steel mills, according to a regular survey by Mysteel, continued from mid-April from June 1 to 10, increasing another 21,900 tons per day, or 0.7% over the previous eleven days, to an average of 3.08 million tons. in a day. , according to the... 15.06.2021  11:26

• Japan appeals to WTO over China's duties on stainless steel The Japanese government has filed a lawsuit with the World Trade Organization (WTO) over China's (AD) anti-dumping duties on stainless steel products in Japan, saying it could violate international agreements. The Japanese government emphasized that Japan's main export products are generally... 15.06.2021  11:21

• POSCO moved to 6th place in global steel production POSCO dropped to sixth place in global crude steel production in 2020, down one notch from 2019. Chinese steelmakers climbed the rankings, sharply increasing crude steel production as they quickly overcame the COVID-19 crisis. POSCO steel production was 40.58 million tonnes in 2020, down 5.9... 10.06.2021  10:45

• ArcelorMittal invests in renewable energy sources Luxembourg-based steel company ArcelorMittal has announced its decision to invest in Heliogen, a US-based renewable energy (RES) technology company. This investment marks the completion of the first investment in the innovation fund XCarb, which began earlier in March this year. The steelmaker... 10.06.2021  10:25