Metallurgy news

• Trump vows to secure American energy dominance US President Trump, during a speech at the Energy Department headquarters, announced a number of energy sector measures, including efforts by the US nuclear power industry to ensure expansion of US coal exports as well as the construction of new coal facilities overseas. Trump said his... 03.07.2017  12:10

• China's Manufacturing Sector Returns To Growth Mode In June China steel futures climbed to their highest level since March on Monday, confirming strong demand from the world's largest producer amid data suggesting a recovery in manufacturing activity in China. China's manufacturing sector returned to growth mode again in June, at its fastest pace in... 03.07.2017  11:26

• India aims to achieve 300 million tonnes of steel production Following the introduction of policies to expand the Indian steel sector, many steps are planned to reach the 300 million tonne target, Steel Minister Choudhary Birender Singh said. While urging steelmakers to meet the ambitious target, the minister also said he has turned to the Indian coal... 03.07.2017  10:43

• Steel exports from China will drop to 50 million tons in 2018 China's steel exports may fall to 50 million tons next year, while the previous forecast was at 60-80 million tons. Exports will drop to 50-60 million tons in 2018. That being said, China's steel exports fell to 108.5 million tonnes in 2016, with an export volume of 82 million tonnes in the... 02.07.2017  12:42

• Trump Demands G20 Impact on Steel Market US President Donald Trump, under the pretext of the national security significance of the US steel industry, is about to demand from the leaders of the twenty to reduce the activity of overcapacity and other distortions in the global steel market, White House economic adviser Gary Cohn said on... 02.07.2017  12:27

• US to sell $ 1.42 billion worth of arms to Taiwan The State Department has notified Congress of its intention to sell weapons to Taiwan. According to the Chinese ambassador to the United States, this is contrary to the spirit of the Sea-Trump agreement. The administration has formally notified Congress of seven arms sales contracts to maintain... 30.06.2017  10:11

• European aluminum group calls for global forum on overcapacity European Aluminum is committed to creating a global forum for excess capacity with transparent data and monitoring tools. Ahead of next week's G20 summit in Hamburg, the group said the G20 must "address the current overcapacity situation in China, which is causing global imbalances in the... 30.06.2017  09:44

• China to ban coal imports in small ports from 1 July China will not allow coal imports in small ports from July 1, state-owned China Securities Times reported Wednesday. This is likely to delay fuel supplies during the summer and support further price increases. Coking coal futures in China rose nearly 8 percent on Thursday. The newspaper did not... 30.06.2017  09:18

• Russian imports of stainless steel rose in May In May 2017, Russian imports of stainless steel amounted to 30,979 tons, an increase of 5.1% over the previous month. The volume of imports of stainless steel products in May this year increased by 10.7% over the previous month; imports of stainless steel fittings increased 54.8% from the... 29.06.2017  12:44

• Steel consumption is growing in Iran Steel consumption in Iran has been increasing for two consecutive months and reached 3.42 million tons between March 21st and May 21st. The use of steel products increased by 22% compared to the same period last year. At the same time, Iranian crude steel production amounted to 3.53 million... 29.06.2017  12:43