Metallurgy news
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Chinese Steel Exports Will Reduce By 15% In October Steel exports from China recorded a sharp decline during October this year amid stringent restrictions and duties imposed by several countries on cheap steel products imported from China. The sharp drop in exports was also driven by increased demand in the domestic market, according to a press...
15.11.2016 10:02
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Russia has reduced the export of ferrous scrap The latest trade data published by the Federal Customs Service of Russia shows that the export of ferrous scrap in the country over the eight months of this year has slightly decreased compared to the corresponding period in 2015. At the same time, the volume of exports during August 2016 fell to...
15.11.2016 09:48
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Copper on the London Stock Exchange boosts growth Copper prices on the London Metal Exchange have skyrocketed again. Copper on the LME for three-month delivery traded at $ 5,736.50 a tonne, after a 3.4 percent increase. And during the previous week, copper on the Shanghai Stock Exchange climbed 19 percent. Markets are not responding to warnings...
14.11.2016 11:13
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Iranian Iron Ore Exports Up 54% Iranian iron ore exports jumped 54% year on year to 8.46 million tonnes during the first half of the Iranian year, to September 21, despite the Iranian government's policy of restricting raw material exports. Iranian imports of iron ore pellets fell sharply by 93% year on year to 65,000 tonnes...
14.11.2016 10:31
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China worries about EU protectionism on steel imports China expresses grave concern about the European Union's protectionist measures against Chinese steel products, the Ministry of Commerce said on its website. The ministry issued a statement in response to the latest EU decision to adopt temporary anti-dumping measures against imports of Chinese...
14.11.2016 09:42
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EU close to imposing higher anti-dumping duties On Friday, a meeting of EU trade ministers took place. They noted the need to defend their interests, especially in the case of dumping. βToday we have taken a step towards reaching an agreement by the end of this year,β the ministers said after the meeting. Proposals to strengthen defense tra...
13.11.2016 12:48
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Climate policy could be Trump government's first casualty Donald Trump's victory in the presidential election raises concerns that after taking office, he will undo the achievements of President Barack Obama in the fight against global warming. The president-elect does not believe in the climate change policy, or at least he considers it a "scam."...
13.11.2016 12:31
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UK develops coal phase-out plan The UK has been pondering the best course of action to close coal-fired power plants by 2025 and pose no threat to safe, reliable and affordable energy supplies. The orderly transition consultation will begin on Wednesday. Wholesale market conditions in the UK have led to numerous closures of...
12.11.2016 11:42
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China announced an early reduction in steel capacity for 2016 China reached its goal of reducing steel production capacity by 45 million tons in 2016 ahead of schedule, having achieved the required result already at the end of October. China also hopes to meet its target of reducing 250 million tonnes of coal capacity by the end of the year, Li Pumin,...
12.11.2016 11:22
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What are the chances of missile defense and NATO? Donald Trump's victory in the US presidential election raises a lot of doubts about security policy. During the election campaign, various radical statements were made about the presence of American troops in Eastern Europe. At the moment, no one knows for sure what the fate of the missile shield...
12.11.2016 10:59
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