Metallurgy news
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WTO postponed dispute over steel and aluminum tariffsThis year, WTO members, including the European Union, China and the United States, have faced controversy over new responsibilities justified on national security grounds. Each participant can block the initial call to the dispute procedure once - a fairly standard WTO maneuver - as a result of the…
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Steel production in India increased by 2 percent in SeptemberSteel production in India rose 2.1% to reach 8.520 million tonnes in September 2018, the World Steel Association (worldsteel) said in a report, while the country produced 8,345 tonnes of steel in the same month last year. According to the report, production in India in January-September 2018 was…
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German industrialists visited PJSC "ArcelorMittal Kryvyi Rih"PJSC "ArcelorMittal Kryvyi Rih", the largest mining and metallurgical enterprise in Ukraine, was visited by a delegation of the Federal Republic of Germany. The visit took place on October 26 as part of a business trip to Ukraine of representatives of German industrial companies, which are united…
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JSW Steel renews production to meet steel demandAs Indian consumers begin to select higher quality and more versatile steel for their needs, SJJ Jind Steel JSW Steel Ltd is optimizing production to meet new market demands. In addition to adding volume, the company focuses on creating value-added products related to segments and sectors that are…
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Top steel producing countries in September 2018Global steel production totaled 151.711 million tonnes in September 2018, up from 145.280 million tonnes in the same month a year earlier. The growth in steel production was primarily driven by China, whose production volume compared to the previous year was 7.5%. Chinese production accounted for…
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POSCO leads the world in the thickest boardPOSCO produces 700mm slabs with the "PosMC Machine" developed by the Korean giant in June this year. Slabs are semi-finished rectangular products used as material for hot rolled steel sheets or heavy sheets. It is believed that the thicker the slab, the more difficult it is to manufacture. The…
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Spain will close the majority of coal mines by the end of 2018Spain intends to close most of its coal mines by the end of this year after the government and unions reached an agreement that in the next ten years will provide investment in the mining regions in the amount of 250 million euros. The new administration of Pedro Sanchez quickly moved on…
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US steel imports may fall by more than 9% in 2018Estimates provided by the American Iron and Steel Institute (AISI) indicate that in 2018, compared with the previous year, the total steel in the country will fall by 8.5% - 9.4%. Imports of finished steel from Turkey are likely to will decline the most, falling nearly 41% over the previous year…
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Results of Ukrainian production and consumption of rolled metal products for 9 months of 2018During 9 months of 2018, metallurgical enterprises of Ukraine produced 13.83 million tons of rolled metal, which is 3% higher compared to the corresponding period of 2017. Of this volume, about 11.22 million tons were exported, which is 81.1%. For the same period last year, the share of exports…
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Teck Resources: Adjusted Profit Falls On Low Raw Material PricesCanada's largest diversified miner, Teck Resources Ltd, said Thursday that its third-quarter adjusted profit fell 23% due to falling prices for its main products. Teck, the world's second largest exporter of steel coal, reported adjusted earnings fell to CAD 466 million (about $ 357.6 million) or $…
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