Metallurgy news

• Good news for Vale does not improve its prospects In 2015, a dam was destroyed at one of Vale's Brazilian mines to contain waste from an iron ore mining process. Another Brazilian dam was destroyed earlier this year. Casualties were lost in both cases, but understandably, the Brazilian government is getting tougher with the company after the... 07.05.2019  11:44

• Difficult EU market forces ArcelorMittal to cut production ArcelorMittal will cut steel production across Europe by about 3 million tonnes per year due to the many challenges facing the continent's steel sector, Callanish is studying to become a steelmaker. This step will primarily affect the supply of flat products. Production will be halted at steel... 07.05.2019  11:41

• Shanghai Steel Futures Fall on Trump's Tariff Threat Chinese steel futures fell on Monday, the first trading day after a four-day national holiday, amid concerns over trading prospects after US President Donald Trump said he would raise US tariffs on Chinese goods worth $ 200 billion. This came as the two countries worked to reach an agreement to... 07.05.2019  11:40

• ArcelorMittal Kryvyi Rih helps veterans On the eve of the 74th anniversary of the Victory over Nazism in World War II, ArcelorMittal Kryvyi Rih will allocate 288 thousand hryvnias to provide social support to veterans of the enterprise - participants in the hostilities, who are members of the Combine Veterans' Council. Currently, 143... 06.05.2019  14:17

• Steel production results in March 2019 Steel production by regions during the month is as follows. EC-28 14994 Other European countries 3317 CIS 8438 North America 10742 South America 3518 Africa 1296 Central Asia 3176 Asia 109054 Oceania 474 Note . The above figures are given in thousands of... 06.05.2019  13:51

• Steel production in Asia increased by 7.4% The Asian region accounted for over 70% of global steel production during the month. The latest steel production statistics released by the World Steel Association point to a notable jump in liquid steel production in Asia during March this year. Production of crude steel in Asia in March this... 06.05.2019  12:55

• General meeting of shareholders of "ArcelorMittal Kryvyi Rih" Last week, on April 25, the annual general meeting of shareholders was held at ArcelorMittal Kryvyi Rih. The meeting heard the report of the executive body of the company for 2018, the report of the Supervisory Board for 2018, the report of the Audit Commission for 2018, the annual report was... 02.05.2019  19:13

• US Steel Tariffs Affect Turkey's Rolled Metal Trade to Malaysia Tariff increases designed to protect the US steel industry are starting to have international repercussions in unexpected places as Malaysia launches an anti-dumping investigation on steel imported from Turkey, a country that has been hit hard by changed US import regulations. What upset the... 02.05.2019  13:06

• ArcelorMittal Kryvyi Rih profit distribution The general meeting of shareholders is the supreme governing body of ArcelorMittal Kryvyi Rih approved the annual report and a decision was made on the distribution of profits. According to the results of the work of ArcelorMittal Kryvyi Rih in 2018: Net income from product sales amounted to... 02.05.2019  13:02

• Steelmakers face a double blow - high costs and low demand South Korean steelmakers are facing a double hit from rising iron ore prices and weak demand from major customers, industry sources said Wednesday. Steelmakers pass high prices for raw materials like iron ore and coking coal onto customers, but find it difficult to demand that their customers... 02.05.2019  12:56