Metallurgy news
-
Brazilian steel production fell in AugustAccording to the latest data from the Brazilian Steel Institute (IABr), Brazil produced about 2.52 million tonnes of crude steel in August, down 13.4% from the same period last year. Rolled steel production in August was about 1.84 million tonnes, down 3.3% year-on-year. From January to August…
-
Pakistan closes 5 rolling mills due to air pollutionThe Pakistani Environmental Protection Agency has closed five rolling mills in Lahore due to air pollution problems in those mills. Ali Ijaz, deputy director of the Environmental Protection Department (EPD), said the factories were shut down because they were using low-quality fuel and emitted too…
-
Steelmakers in Turkey hope to replace US tariffs with import quotasTurkish steelmakers tried to positively regain their share of the US steel market. Some steelmakers hoped to discuss the matter with US authorities, although there is currently no reliable information on the market. Some market participants hoped to replace US tariffs with 25% import quotas. They…
-
US-UK Trade Agreement Expected July 2020The main goal of the US was to hope that the UK would lower the import tariff on US steel products, and the goal for the UK was to get permission to enter the US financial services market. According to Donald Trump's G7 announcement in August, a US-UK trade agreement was in progress and both…
-
Steel recycling policy in India fused to strengthen steel sectorThe government is pushing for steel recycling policies as it seeks to increase scrap use, production, reduce India's dependence on imports of raw materials for steel production, and attract investment. “By next month we will probably have a solid policy. We have already prepared one at the Ministry…
-
China's energy plan envisions a giant railway lineNothing demonstrates China's dedication to the dirtiest fossil fuels better than the eschewing massive coal railroad. Nearly a decade later, the Haoji Railway, worth about $ 30 billion, will eventually transport up to 200 million tons from key mining regions in the north to consumers in the south…
-
US steel capacity remains below 80% utilizationUS steel production declined in the week ending September 14 as domestic steel mills continued to operate below 80% of their capacity, according to the latest weekly report from the American Iron and Steel Institute (AISI). Capacity utilization, a key metric in the steel industry, has remained…
-
Russian exports of ferrosilicon have grownAccording to statistics, Russian exports of ferrosilicon (silicon> 55%) in July amounted to about 38,000 tons, which is 40% more than in the previous month. Among destinations, exports to the Netherlands, South Africa and Mexico were down month on month, but exports to South Korea, Japan, India and…
-
Impact of US sanctions on Iran's rolled metal exports to the EUWhile the European Commission has criticized US sanctions against Iran, it has significantly reduced its steel trade with Iran from last November to the current sanctions. In the first half of 2019, the EU only imported 7,856 tons of Iranian steel, down 90% from the same period last year. However…
-
Russia tries to sell rolled metal products in Southeast AsiaRussia has made a number of proposals that should interest Southeast Asia in placing orders for rolled metal, since prices for hot rolled steel in this region may also recover in the near future. In fact, while Russia has been doing its best to get orders in the Asian market since prices in India…
Pages
← previous
next →
