Metallurgy news

• World steel production in January 2018 grew 0.8% higher World steel production from 64 countries representing the World Steel Association (Worldsteel) was 139.4 million tonnes in January 2018, up 0.8% from January 2017. Steel production in China in January 2018 amounted to 67.0 million tons, which is 0.9% less than in January 2017. In January 2018,... 01.03.2018  10:19

• Iron ore peaks at 10 months Iron ore surged to a 10-month high amid the possibility that restrictions on the supply of rolled steel from China could extend beyond winter, fueling demand for higher quality material and could lead to high quality ore reaching $ 100 per tonne ... The spot price for 62 percent ore rose 1.1... 28.02.2018  10:39

• Germany warns US of opposing steel tariffs European Union trade ministers decided at a meeting on Tuesday that they would respond with countermeasures if the United States brought in import tariffs on rolled steel and aluminum, German Deputy Economy Minister Matthias Mahnig said. He said the tariff introduction, which was adopted by US... 28.02.2018  10:24

• Steel production in January grows most strongly in Turkey Turkey's steel production rose 7.6 percent to 3.17 million tonnes in January, compared to the same month in 2017, according to the World Steel Association. The report showed that Turkey's production in January 2017 amounted to 2.95 million tons. In January, the 64-country association's total... 28.02.2018  10:09

• Construction began on the Afghan section of the TAPI gas pipeline Turkmenistan is opening the way for its gas. The construction of a section of the TAPI gas pipeline through Afghanistan has begun, which will transport gas from Turkmenistan to this country and further to Pakistan and India. The TAPI gas pipeline with a length of 1,840 km should be ready in... 27.02.2018  13:26

• China's largest steel city will continue to restrict production until November The Chinese steel city of Tangshan has proposed new production restrictions once the current restrictions end in March to improve air quality. It will also provide solid steel prices. Tangshan is the world's largest steel city, producing more rolled steel than the United States in one year.... 27.02.2018  12:04

• Coal reserves at power plants in Ukraine decreased by 2.6% in a month Coal reserves at thermal power plants over the past month fell 2.6% to 1.47 million tons, according to a statement from the Ministry of Energy and Coal Industry. Anthracite reserves at power plants decreased by 8.9% to 601,100 tons, while steam coal reserves increased by 1.4% to 866.7 thousand... 27.02.2018  11:45

• Coal continues to be the leading energy generator 41% of the world's electricity is currently powered by coal, and consumption is expected to remain the same over the next 30 years, and with rising prices and strong demand for coal in southern Africa, coal will not be ignored in the ever-growing competitive energy market ... There is strong... 26.02.2018  09:31

• Trump approves toughest steel and aluminum tariffs President Donald Trump told trustees that he wants to impose the harshest tariffs on rolled steel and aluminum imports recommended by the Commerce Department. Trump said he wants to secure a tariff of 24 percent on steel imports, the heaviest of the three options presented to him in a report in... 26.02.2018  09:24

• Increase in the price of rolled metal and steel-making raw materials in China On the Shanghai exchange, rebar futures rebounded from a five-week low on Friday as investors in Chinese commodity markets await a pickup triggered by the resumption of activity following the Lunar New Year celebrations. Rebar recoveries pushed iron ore and coke prices in the steel industry to... 24.02.2018  14:23