Metallurgy news
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Hebei Steelmaking Pollution Control Report Hebei Steelmaking Pollution Control Report The area that surrounds the capital, Beijing, belongs to Hebei Province and contributes about a quarter of the country's total steel production. Hebei province has been one of the main target areas for the government in the war against environmental...
09.01.2015 14:31
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Japan Increases Exports of Hot Rolled Steel According to statistics released by Japan's Ministry of Finance (MoF), the country's hot rolled coil (HRC) exports rose sharply during the month of November last year. Ministry of Finance data show that HRC exports in the country totaled 920,537 tonnes during the month, up 11.7 percent from...
09.01.2015 13:30
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China Introduces New Copper Export Tax Credit The Chinese Ministry of Finance has issued a statement that the government has decided to introduce a fresh tax credit on the export of certain copper products. In addition, an increase in the refund of export duties on some other products is envisaged. The government is doing this, most likely, to...
09.01.2015 13:00
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The new railway line will restore communication between the steel plants of Mariupol and the seaport A new section of the railway, bypassing the bridge over the Kalchik River, which was destroyed in a terrorist attack, connected steel plants in the city of Mariupol with a commercial seaport located on the coast of the Azov Sea, according to Metinvest Group, which includes metallurgical...
08.01.2015 12:53
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US Steel fires more than half of its workers US Steel announced plans to cut 756 workers and employees at the company's two steel production facilities, reflecting lower fuel prices that have impacted energy customers. The company has issued appropriate warnings about the decision to lay off 614 employees at its manufacturing plant in...
08.01.2015 11:53
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Japanese Stainless Steel Exports Down 6 Percent According to the latest data released by Japan's Ministry of Finance (MoF), stainless steel exports from the country fell sharply during the month of November last year. Japan's total stainless steel exports for the month were 91,646 tonnes, down 5.7 percent from the previous month when stainless...
07.01.2015 17:55
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Iron ore miners suffer from export growth Iron ore exports from Port Hedland increased by about 30 percent in the second half of 2014, driven mainly by supplies from mines in the Pilbara region. This led to a decline in the global value of the product in the past year. The port's main exporters, BHP Billiton and Fortescue Metal Group,...
07.01.2015 13:21
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Aerospace Nickel Demand Rises The commercial aerospace sector will continue to be the largest consumer of nickel-based superalloys for at least another two decades, according to a statement from consulting firm RNCOS. The nickel industry around the world is experiencing tremendous growth in nickel demand. In the global...
06.01.2015 12:54
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China may reduce steel exports due to cancellation of tax breaks The country has ended the refund of export duty on steel, which contains trace amounts of boron, starting January 1, according to the Chinese Ministry of Finance. As a result, export sales of steel will decline by about 20-30 percent by the end of the first quarter compared to the previous three...
06.01.2015 12:25
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Constellium acquires aluminum sheet facility Constellium completed the $ 1.4 billion acquisition of the Colbert County manufacturing complex, part of the international holding company Wise Metals. For the first time, the company announced the deal in October last year, and it was clarified that in accordance with the mutual agreement, $ 445...
06.01.2015 11:44
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