Metallurgy news
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U.S. Senators Propose Tariff Bill Based on Section 232The recently introduced bill (S. 3013) will give legislators the final say on the introduction of tariffs under Article 232. The Trump administration imposed a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports, arguing that the levy was necessary for national security…
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Trump and Kim - historic meeting in SingaporeDonald Trump, summing up the results of negotiations with the leader of North Korea Kim Jong-un, told reporters: "The meeting was 'very good', we have 'perfect relationship' ... I think it is better than anyone could have expected." During the private conversation, the leaders were accompanied only…
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Indonesia applies anti-dumping duties on coated steel productsThe Indonesian Anti-Dumping Committee (KADI) announced the application of anti-dumping measures on the import of coated sheet metal from Vietnam and China. KADI determined that imports of steel sheets from Vietnam dropped into the country at low prices ranged from 12.01% to 28.49% of the Indonesian…
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Steel demand in Europe to grow in 2018 alongside imports - EuroferSteel demand in Europe will grow in 2018 along with imports According to Eurofer President Gert Van Poelvoorde, steel demand in Europe will grow slightly this year, similar to the year-over-year growth in 2017. Speaking at a briefing on Thursday ahead of the 2018 European Organization Day in…
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Growing imports of steel products raises concerns in the EUThe increase in imports mainly concerns rails, profiles, wire rods, rebar and, to a lesser extent, pipes. Imported products include, among others, products from Russia, Ukraine, Belarus, Moldova and Turkey. For example, in the first quarter of this year, more than 360,000 tons of steel arrived in…
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Australian coal prices hit 6-year highAustralian thermal coal prices climbed to their highest level since 2012 as hot weather in North Asia spurs buying ahead of the peak summer demand season. The latest coal prices for export from Australia's Newcastle terminal finally closed at $ 115.25 per tonne, the highest since February 2012…
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US-EU standoff over steel and aluminum tariffs intensifies after G7Europe will conduct countermeasures against US steel and aluminum tariffs, German Chancellor Angela Merkel said Sunday, expressing regret over President Donald Trump's harsh decision to withdraw from the G7 communique. Trump left the G-7 summit in Canada before its conclusion, abandoning a joint…
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Europeans and Canadians disappointed with President Trump's behaviorCanadian Prime Minister Trudeau said trade and climate change could be a source of disagreement among the G7 leaders at the Charlevoix summit, but issues related to global security or economic growth will be a platform for reaching agreement. Trudeau was interviewed by Global News on Wednesday…
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Blast furnaces of Ukraine met at Zaporizhstal within the framework of a scientific and technical conferenceOn the basis of the Zaporizhstal Combine, from June 7 to 8, 2018, an annual scientific and technical conference of blast furnaces "Experience of reconstruction of BF # 3 at Zaporizhstal Combine" is held. More than 100 scientists, managers, experts in blast-furnace production from all over Ukraine…
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Clash between EU and US is inevitable in a trade warThe European Union may impose preliminary measures to protect its steel industry from steel and aluminum imports, initially considering as early as July, although a full investigation will take nine months, said EU Trade Commissioner Cecilia Malmstrom. Trump has justified the metals tariffs, citing…
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