Metallurgy news
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Japan and Thailand benefit the most from US steel tariff exemptionsIn Japan and Thailand, more than 500 thousand tons of imports were exempted from tariffs. Steel imports from Japan and Thailand, according to a Financial Times analyst, significantly influenced the Trump administration's 25 percent tariff exemptions. The publication found that as of 20 August, more…
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Canada offers 25% tariffs on steel importsThe new security measures will cover seven types of imported metal products. The Canadian government has announced its decision to impose a 25% tariff and quotas on steel imports from selected countries, including China and Turkey, in an attempt to limit the flow of steel imports. Specific…
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Severstal announces an increase in steel productionRussian steelmaker Severstal, one of the country's largest steel producers, said Thursday that crude steel production rose 2% quarter-on-quarter to 3.06 million tonnes. Steel sales were 2.71 million tonnes, down 5% from the previous quarter. This was due to short-term repair work on the rolling…
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US unfairly accused POSCO of subsidizing hot rolled steel sheetsThe US imposed a high tariff on Dong-A Steel Co's Korean steel pipes, accusing it of subsidizing POSCO steel sheets used to make pipes. The United States re-imposed a high tariff on Korean steel products, mistakenly, according to POSCO, after finding problems in hot rolled steel sheets. But, last…
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Zaporizhstal shared its experience in the environmental modernization of the plantAn innovative testing ground for the implementation of Building Information Modeling (BIM) was held in Kiev, which brought together participants from all over Ukraine. Alexey Lebedev, Director for Capital Construction and Investments, spoke about the achievements of the Zaporizhstal plant in…
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US Steel Mills Shipments Rise SignificantlyCumulative US steel shipments during the initial eight-month period of 2018 increased 4.6% year-on-year to 63.657 million tonnes. Steel shipments by American factories have increased significantly during August this year, according to the latest statistics released by the American Iron and Steel…
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China still produces more than half of the world's steelThere is no doubt about which country is the largest steel producer in the entire world. And this diagram graphically depicts the situation of global steel production. According to the World Steel Association, China accounted for 51% of all global steel production between 2018 and August. For…
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European steel market counts on protection from imports from Canada and EgyptEuropean market participants expect Canada and Egypt to be the next countries to take protective measures on steel imports. This will have implications for trade with the EU, and some expect similar measures that have already been introduced by the EU and Turkey. Canada may also launch anti-dumping…
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Dneprospetsstal 86 yearsToday the Dneprospetsstal trademark is widely known in the world market and enjoys a well-deserved reputation among consumers and specialists. All these years the plant has been and remains the leader in the metallurgy of special steels and alloys in Ukraine. On October 10, the plant turns 86 years…
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India became the largest importer of coking coalIndia's coking coal imports rose 26% year-on-year in the first half of 2018 to 28 million tonnes, while steel production rose 8.8%. Australia's share of India's coking coal imports fell from 90% in 2017 to 75%. The Indians turned to the US and Canada as alternative suppliers, with imports more than…
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