Metallurgy news
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Kobe Steel establishes Kobelco Europe's European headquarters in GermanyKobe Steel Ltd announced the creation of Kobelco Europe GmbH earlier this month as the European headquarters of the Kobe Steel Group. KEU grew out of the existing Kobelco Machinery Europe GmbH in Munich, Germany. KME was founded in 2012 as a base for Kobe Steel's engineering business in Europe…
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American steel supplies fell 1%US steel mills shipped 8.142 million tonnes net during May this year. That was down marginally 0.9% from shipments in the same month in 2018, according to the American Iron and Steel Institute (AISI). It should be noted that in the same month a year ago, the mills shipped 8.210 million tons…
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Russia calls the US to the WTO to resolve the dispute over antidumping measures on steelRussia has initiated a dispute in the World Trade Organization against the US dumping duty on carbon steel. The WTO stated that “The Russian Federation has asked the WTO to consult with the United States on the continued application of US anti-dumping duties on imports of carbon steel from Russia…
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Iran takes action to increase steel productionA consortium of the Iranian Organization for the Development and Reconstruction of Mines and Mines (Imidro) and five companies signed a memorandum of understanding to create a steel production group with a capacity of 10 million tonnes per year. The move represents a clear step forward towards the…
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KIOCL will increase sales of iron ore pellets to EuropeIndian state-controlled iron ore pellet producer KIOCL has signed initial agreements with international trading companies Glencore and Steel Mont to sell pellets to the European market, including the UK. KIOCL is looking to increase its overseas sales in the former China markets with an initial…
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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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