Metallurgy news
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USA imposes import duties on structural steelThe US Department of Commerce has ruled that duties should be imposed on imports of structural steel from China and Mexico. The US Department of Commerce said yesterday that imports of structural steel made in China received subsidies ranging from 30.3 percent to 177.4 percent, while imports from…
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Hyundai Steel reduces sinter plant pollutionHyundai Steel will reduce air pollutant emissions from its sinter plants by more than 50 percent by 2021 through the operation of a sinter cleaning system. According to the company, the amount of pollutants emitted by sinter plants in Dangjin, South Chuncheon Province has been reduced since the…
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Metinvest continues modernization of the Ilyich Iron and Steel WorksIn the sheet-rolling shop "1700" (LPC "1700") Ilyich Metinvest Group, Metinvest Group continues to modernize its broadband mill as part of a large investment project for the reconstruction of capacities. The final batch of the main mechanical equipment weighing more than 900 tons arrived at the…
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India launches anti-dumping investigation on stainless steel importsIndia Launches Anti-Dumping Investigation Against Imports Of Stainless Steel Flat Products From China, South Korea, EU, Japan, USA and ten other countries. This follows from the filing of the Indian Stainless Steel Development Association (ISSDA), Jindal Stainless Limited, Jindal Stainless (Hisar)…
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Japanese Steel Plate Exports Increase SignificantlyJapan's steel sheet exports rose 27.9% in May this year, according to trade statistics released by the Ministry of Finance (MOF). The export of heavy-plate products amounted to 221 thousand tons. The huge increase in exports from the previous month was mainly driven by significant increases in…
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US tariffs hit domestic companies with old ovensPresident Donald Trump's foreign steel tariffs have accelerated the fall of some American businesses he has pledged to help. This boosted US production at a time when the global economy was cooling, undermining demand. Tariffs drove prices down, leading to a sharp rift between companies like Nucor…
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Liberty Steel acquires ArcelorMittal group of factories in EuropeArcelorMittal has announced that it has completed the sale of several metallurgical assets to the Liberty House Group, representing an investment reduction package agreed with the European Commission during negotiations to acquire the Italian steel mill Ilva. Assets sold: ArcelorMittal Ostrava…
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Posco continues to be wary of steel projects in IndiaPosco officials visited Andhra Pradesh to look into the possibility of creating an integrated steel mill, but this was more of a consequence. “The government wanted Posco to consider investing in a joint venture with RINL (Rashtriya ispat nigam) and we just went to check. We have not decided on the…
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Vietnam is committed to US steel exportsThe finance minister said Vietnam is ready to prove to the United States about steel exports at the center of the new tariff line. The US Department of Commerce last week said it would set tariffs up to 456% on certain steel produced in South Korea or Taiwan, which is then shipped to Vietnam for…
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EC approves US acquisition of Standard Steel Holdings IncPursuant to the EU Merger Regulation, the European Commission approved the acquisition of joint control of Standard Steel Holdings Inc in the United States by Sumitomo Corporation from Japan and Nippon Steel Corporation also from Japan, which currently exclusively control Standard Steel. Standard…
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