Metallurgy news

• EC investigates import supplies of valves from Belarus The European Commission has opened an anti-dumping case against the import of Belarusian steel bars. This is the second case when anti-dumping proceedings are conducted by the Commission on the initiative of Polish manufacturers. “The procedure is connected with a rapid increase in the import of ... 05.04.2016  10:00

• US plans to strengthen NATO's eastern flank In February 2017, the United States will begin to increase its ground forces in Europe in response to Russia's aggressive policies, according to the US Command in Europe. According to the Pentagon, from the point of view of strengthening the eastern flank of NATO against the background of Russia's... 04.04.2016  10:39

• Russia increased oil production in March Oil production in Russia reached high post-Soviet levels in March, as the success of a proposed freeze on crude oil production by OPEC members and other major producers was in doubt. Russia increased its crude oil and condensate output by 2.1 percent in March from a year earlier to 10.912... 04.04.2016  09:58

• Japan's Sumitomo Metal plans to increase copper output by 6.1 percent Sumitomo Metal Mining Co Ltd, Japan's second largest copper smelter, plans to increase copper output in fiscal 2016, which began Friday, by 6.1 percent from a year earlier, when production was hit by maintenance work. The company expects 445,200 tonnes of electrolytic copper to be produced in... 04.04.2016  09:15

• Steel prices rise for the third month in a row For the third month in a row, March saw a slow rise in prices on the global steel market. This is the result of a gradual improvement in demand in most markets and a decline in steel production. In February, global steel production fell 3.3 percent and China's 4 percent. Chinese production may... 02.04.2016  09:07

• Ukraine has increased the production of pig iron by almost 25 percent The production of iron and steel in Ukraine has been growing for the fourth month in a row, uaprom.info reports, citing data from the Metallurgprom industry association. In the first quarter of this year, Ukrainian metallurgists smelted 6.114 million tons of steel (+ 18.6 percent to the APRG),... 01.04.2016  12:23

• Eurasian Commission introduced anti-dumping duties on steel from Ukraine The EEC has introduced duties for 5 years at a rate of 9-11 percent on the import of Ukrainian-made steel bars. In particular, an individual duty of 10.11 percent of the customs value is set for the Yenakiyevo Metallurgical Plant, for ArcelorMittal Kryvyi Rih - 9.32 percent. For other... 01.04.2016  12:11

• Swiss banks want to make money on Russian privatization UBS and Credit Suisse will advise on the upcoming privatization of Russian state-owned enterprises, apparently without violating sanctions. But first of all, experts make a business assessment, which includes a detailed calculation of all assets of the enterprise, namely structures, buildings,... 31.03.2016  12:04

• Partial privatization of the largest shipyard in Ukraine The State Property Fund of Ukraine (SPFU) sold a stake in the country's largest shipyard - the Black Sea Shipyard (ChSZ). It was sold on the Ukrainian Stock Exchange in Kiev, according to the rules of the Dutch auction (the asking price is gradually decreasing). This scheme was applied due to the... 31.03.2016  11:27

• ThyssenKrupp buys property in Hungary The German company Thyssenkrupp has bought a service center working to fulfill orders from the automotive industry. This will allow the company not only to increase its volume, but also to expand its capabilities - in addition to the ferrous metallurgy plant, it will also process aluminum and... 31.03.2016  10:59