Metallurgy news
-
US court defends Trump hike in steel tariffs from TurkeyThe U.S. Court of Appeals for the Federal Circuit ruled on July 13 that former President Donald Trump was entitled to double the tariff on Turkish steel imports from 25% to 50% under section 232, thereby overturning a 2019 U.S. Court of International Trade decision that to such actions. The court…
-
ArcelorMittal Sestao to become a zero CO2 plantArcelorMittal's Spanish plant in Sestao will be the world's first steelmaker with zero CO2 emissions throughout the entire production process. This will be possible through the use of green hydrogen and electricity from renewable energy sources. The project is part of a memorandum of understanding…
-
What will happen after the abolition of the export duty in RussiaRussia is considering longer-term measures to capture the majority of mining companies' profits after the temporary export tax ends at the end of this year. Last month, the government announced tariffs of at least 15% on exports of steel, nickel, aluminum and copper from August 1 - at varying rates…
-
Formosa Ha Tinh Steel Postpones Price Change For SeptemberAs steel prices in China have risen recently, China's Baosteel has announced that it will maintain its hot rolled coil (HRC) price for August. According to the previous chart, Vietnamese Formosa Ha Tinh Steel Corporation (FHS) will announce the price for September yesterday (July 12). However, the…
-
Steel price growth should correct in the second half of the yearAccording to CARE Ratings, global steel prices will decline in the second half of 2021 due to reduced steel supplies and normalized economic conditions. The rating agency's report said the global market saw a 15% increase in steel production in the first half of 2021 compared to the same period…
-
Indian steel production to rise to 150 million tonnes in fiscal year 21-22According to a report by ICRA Limited (ICRA), India's rating agency, India's steel industry continues to grow this year with new factories commissioned. India's steel production was reported to be projected at 150 million tonnes by the end of the current fiscal year ending March 31, 2022. ... The…
-
Hungary considers restrictions on steel exportsAccording to a ministerial declaration signed by Viktor Orban, Prime Minister of Hungary, the Hungarian government may restrict the export of strategically important raw materials and goods, including steel products. Consequently, Hungarian exporters may need government approval to export their…
-
Australian Mining Sexual Harassment CodeAustralia's leading mining authority on Wednesday drafted a code for its members to eradicate sexual harassment after several incidents in Western Australia brought the issue back to attention. The Minerals Council of Australia (MCA) has laid out a framework for its more than 80 member miners and…
-
U.S. steel production skyrocketsAccording to statistics from the American Iron and Steel Institute (AISI), for the week ending July 3, crude steel production in the United States was about 1.84 million short tons, up 0.4% from the same period a week ago, and also an increase of 41.0% over the same period a year earlier. The…
-
Steel production in Turkey has grownTurkey produced approximately 3.2 million tonnes of crude steel in May, up 42.4% from the same month last year, according to the Turkish Iron and Steel Association (TCUD). During this period, Turkey exported about 1.7 million tons and imported 1.5 million tons of steel products, an increase of…
Pages
← previous
next →
