Metallurgy news

• EU steel market prospects improve in 2017 A strong start to the year, a robust steel market and economic growth predict good conditions for EU sales. However, increased protectionism could lead to the proliferation of catastrophic distortions in the global trade flow. EU Steel Market Steel consumption in the EU increased by 3.1%... 11.07.2017  12:15

• EU announces tariffs in response to US action The European Union will retaliate if the US imposes punitive tariffs on steel from the EU, as European Commission President Jean-Claude Juncker said at the G20 summit in Hamburg. “If the US imposes tariffs on European steel imports, Europe is ready to react immediately and adequately,” Juncker to... 10.07.2017  12:06

• G-20 calls for fight against market-distorting subsidies A key passage in the G-20 communiqué calls on world leaders to "urgently" seek the elimination of "market distorting subsidies and other forms of support from governments and related organizations." These demands were much tougher than those adopted at last year's G-20 summit in Hangzhou, ... 10.07.2017  11:44

• Experts predict a rise in prices for rolled metal in July Prices for rolled metal in regional markets in the coming month will increase due to the activation of traders due to the need to replenish warehouses after a long pause in purchases, according to a press release from the state enterprise Ukrpromvneshekspertiza (UPE) on Monday. At the same time,... 10.07.2017  11:26

• Putin: Russia is not afraid of US competition in Europe In Hamburg, Russian President Vladimir Putin expressed confidence that in the liquefied natural gas (LNG) market, Russia does not need to fear US competition. “We are convinced that we have a great price advantage over the US proposal because the US needs to transport LNG on a much longer route t... 09.07.2017  12:00

• Expert opinion: Russian metallurgy has every opportunity to improve its competitiveness It is known that metallurgy is one of the main branches of the Russian export sector. However, over the past 15 years, there have been significant changes in the global metallurgy market, with steel production increasing rapidly in India, Brazil and Turkey. China is the main steel producer in the... 08.07.2017  13:12

• US and Russia agree to ceasefire in Syria US Secretary of State Tillerson confirmed the agreement. The United States and Russia unexpectedly agreed to a ceasefire in southwestern Syria. The ceasefire, which also includes Jordan, is set to go into effect on Sunday, US Secretary of State Rex Tillerson said Friday in Hamburg. In Hamburg,... 08.07.2017  12:51

• Sergey Taruta is ready to act as the guarantor of the solvency of the DMK The problem of shutting down the Dnieper Metallurgical Plant from a local one turns into a global one - today the lack of production at the city-forming enterprise is already fully reflected in most of the spheres of Kamensky's life. If the situation is not changed in the near future, then not... 08.07.2017  10:40

• G20 Discusses Rolled Metal Excessive Amid Tensions Over US Actions European officials said the G-20 leaders will discuss the metal overproduction at a summit in Germany as tensions escalate over US President Donald Trump's plan to use Cold War-era law to restrict steel imports for national security reasons. Trump began investigating the matter in April, and as... 07.07.2017  14:34

• After Merkel-Trump Meeting: More Differences in Trade and Climate Issues German Foreign Minister Sigmar Gabriel said that positions on international trade and climate protection continued to diverge on Thursday following a meeting in Hamburg between Chancellor Angela Merkel and US President Donald Trump. Sigmar Gabriel and the head of American diplomacy, Rex... 07.07.2017  12:31