Metallurgy news
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Trump cuts tariffs on steel and aluminum for a select fewPresident Donald Trump has signed a decree allowing producers of steel and aluminum from some countries to exceed the amounts specified in his March order and not pay high tariffs. Under this regulation, countries such as South Korea, Brazil or Argentina will be able to ship more steel and aluminum…
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Putin and Trump may meet a few more times this yearThe Kremlin said on Friday that it does not rule out that Russian President Vladimir Putin will once again talk with US President Donald Trump this year: in France on the anniversary of the end of World War I and at summits in Singapore and Argentina. Kremlin spokesman Dmitry Peskov told the…
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Mexico Demands Removal Of US TariffsMexico's steel industry has asked the United States to lift import duties on Mexican steel pending the completion of the revision of the North American Free Trade Agreement (NAFTA). The gist of the announcement is that the tariffs that the United States has supported against Mexico and other…
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Liberty House will ramp up production in NewportInternational metals group Liberty House will nearly double its hot rolled coil (HRC) production at its Newport rolling mill in South Wales. Production of HRC, used in construction, automotive and pipe manufacturing at the plant, is expected to double to 370,000 tonnes per year. Liberty's…
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Hebei sets target to reduce steel production capacityNorth China's Hebei province will cut its steel production capacity to 200 million tonnes by 2020 in an effort to combat air pollution. Total steelmaking capacity in Hebei, neighboring Beijing and for several of the country's 10 most polluted cities, was cut to 239 million tonnes by the end of…
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Iran to open several mining and metallurgical projects in March 2019The Iranian mining sector expects new projects to be completed by the end of March 2019 with an investment value of $ 5.5 billion. According to what Iran's Ministry of Industry announced in March 2018, Iranian private companies have opened three projects in the mining and quarrying industry…
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PJSC "ArcelorMittal Kryvyi Rih" will provide city schools with over 1000 computersThe PJSC ArcelorMittal Kryvyi Rih Charitable Foundation donated 220 computers to 13 schools and the Center for Social and Psychological Rehabilitation of Children in the Saksagan District. School principals received certificates for computer equipment this morning at the administration of the…
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Vale's iron ore production will only grow if prices riseThe chief executive officer of Brazil's Vale SA, the world's largest iron ore producer, said in an interview published on Sunday that the company would only ramp up annual production to 450 million tons if prices rise. Vale CEO Fabio Schwarzman told Estado de S. Paulo newspaper that the company…
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World steel production in JulyWorld steel production for 64 countries representing the World Steel Association (worldsteel) was 154.6 million tonnes in July 2018, up 5.8% from July 2017. Steel output in China in July 2018 amounted to 81.2 million tons, which is 7.2% more compared to July 2017. India produced 9 million tonnes…
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Scrap metal remains competitiveThe global outlook for ferrous scrap prices has been overshadowed by trade tensions over Turkey, the world's largest importer of scrap metal. However, when policies, tariffs and currency valuation are set aside and the current pricing environment for raw steel is considered, scrap is a relatively…
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