Metallurgy news
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Philippines Steel Consumption To Reach Record In 2019Steel consumption in the Philippines is forecast to grow 5-6 percent this year to a record 11.1 million tonnes as the country's economy continues to grow. After rising just 2 percent in 2017 due to high prices, steel consumption in the country jumped about 9 percent last year to a record 10.5…
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Metallurgical production indicators in Ukraine for the first quarter of 2019During March 2019, metallurgical enterprises of Ukraine produced: 1.80 million tons of pig iron, which is 14.3% higher compared to February 2019, 1.96 million tons of steel, which is 16% higher, 1.54 million tons of rolled metal, which 11.4% higher. Production in the first quarter of 2019: 5.18…
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Korea criticizes China's anti-dumping investigation on stainless steelSouth Korea's Industry Ministry said Friday it expressed concern over China's anti-dumping investigation of hot rolled stainless steel sheets, saying locally made products are not negatively affecting Chinese industry. The move follows Beijing's anti-dumping checks on imported hot rolled stainless…
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Results of production of MMC of Ukraine in January-February 2019During two months of 2019, Ukrainian metallurgical enterprises produced 3.08 million tons of rolled metal (99.3% compared to the same period in 2018), of which about 2.71 million tons, or 88.0%, were exported. In the same period in 2018, the share of exports amounted to 84.8% (2.64 million tons…
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ArcelorMittal Kryvyi Rih conducts an environmental campaign "Earth Hour"The most massive environmental campaign in the world - "Earth Hour" - is held annually as a sign of respect for nature. This year, Earth Hour will be held on March 30th. From 20.30 to 21:00 local time, millions of people around the world, including employees of ArcelorMittal Kryvyi Rih, will turn…
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World leaders in steel production in February 2019The production of crude steel by the countries of the world, which submitted the report of the World Steel Association (worldsteel), increased significantly in February this year. Monthly production data suggest that the output of the 64 reporting countries to the association is 4.1% higher than…
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Results of the 1st quarter on the use of the EU tariff quota in order to protect against steel importsOn March 31, 2019, the first, shortest quarter of the final protective measure introduced by the European Commission regarding the import of rolled metal into the customs territory of the European Union ends. Recall that there are 3 periods in total (I - from 02/02/2019 to 06/30/2019; II - from…
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Turkish factories have reduced prices for shipments of scrap metal from the United StatesTurkish factories have finally broken the resistance of US scrap metal traders to lower rates after another flood of orders this week. This week there were seven reported for scrap, three from Europe, two from the Baltic and two from the United States. The most significant of these is the latest US…
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US Steel Manufacturers Association Challenges Trump Tariff ConstitutionalityThe American Steel Industry Association said it would challenge a recent federal court ruling upholding the constitutionality of President Donald Trump's actions to impose tariffs on steel and aluminum imports from U.S. trading partners. The American Institute for International Steel (AIIS) said on…
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US sheet metal buyers see price pointsDespite the fact that steel sheet prices in the US are gradually strengthening, market sources say there is still a supply of inexpensive hot rolled products. Some of the producers raised prices for hot rolled steel on Monday to $ 730-750 per tonne, while cold rolled steel rose to $ 840-860 per…
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