Metallurgy news

• Ducab to build aluminum plant in Abu Dhabi Ducab Aluminum announces plans to establish a major plant in Khalifa, located in the industrial zone of Abu Dhabi, also known as Kizad. Ducab is a supplier of cabling and wiring products in the UAE and has now signed an agreement to acquire a plot of land for the construction of an aluminum plant... 02.06.2014  11:12

• In the United States, a decision was made on wire rod from Brazil, Indonesia, Mexico, Moldova, Trinidad and Ukraine The US International Trade Commission (ITC) has issued its rulings for the coming five-year duties on carbon and certain alloy steel wire rods from Brazil, Indonesia, Mexico, Moldova, Trinidad and Tobago, and Ukraine. Regarding the existing countervailing duty on wire rod from Brazil and the... 01.06.2014  12:57

• Australian miners' mining costs skyrocket Australia has invested heavily in the development of the mining industry, but last year it was decided to cut the industry's costs by a third. The combination of skyrocketing costs and declining raw material prices over the past five years has led to a dramatic turn in the fortunes of 42 of the... 01.06.2014  11:25

• Siemens plans to cut about 11,600 jobs Joe Kaiser, CEO of the German multinational Siemens, said the German engineering super giant is going to phase out at least 11,600 jobs in an effort to become more profitable and catch up with rivals. At a conference webcast in New York this week, Kaeser said about 7,600 positions will be cut... 01.06.2014  10:28

• Egyptian steel firms need anti-dumping duties on cuts in energy subsidies Egypt's Ministry of Commerce has been looking into the possibility of introducing anti-dumping duties on imports of Turkish steel products since late last year, but the tariffs are still in place. Turkey has introduced energy subsidies since 1990 and they protect its steel industry. In Egypt... 31.05.2014  15:58

• POSCO E&C uses Vietnam as a springboard for its Southeast Asia business POSCO E&C, a subsidiary of the largest steel producer in Korea, specializing in the construction of steel plants and urban development facilities, marked two decades of business in Vietnam. The construction firm has built a luxury shopping center in Ho Chi Minh City and the Poslilama Iron and Steel... 31.05.2014  15:35

• Canadian company plans to expand new steel plant near Great Falls The steel plant north of Great Falls, which went into operation at the end of January 2014, is working to develop the ability to tow modules built for oil fields and other projects in the region and Canada. A few days ago, the grand opening of a new production building of the plant, worth 26... 31.05.2014  15:02

• Riot hits China's steel company Executives at a Chinese steel company were hurt in violent riots earlier this month in Vietnam. A company spokesman told central news agency Xinhua from his home phone that a timetable for the resumption of work on the steel project in the Southeast Asian country was not being considered at this... 31.05.2014  13:14

• Tata Steel Thailand Seeks Higher Import Tariffs for Chinese Wire The Bangkok Post reported that Tata Steel (Thailand) is considering opening an international court case if the Commerce Department does not increase anti-dumping tariffs imposed on high-carbon steels from China. Rajiv Mangal, president and chief executive of Tata Steel, said "TSTH may refer the... 30.05.2014  16:17

• Steel billet prices on the rise again Steel billet price levels went up after a short-term correction due to the following reasons: 1. Lack of iron ore and sponge iron from leading producers has led to an increase in prices. 2. Rise in prices for pellets; 3. High prices for pig iron, observed in some countries during the... 30.05.2014  15:57