Metallurgy news
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World pig iron production in January amounted to 101.9 million tonnesThe volume of production of blast furnace iron by countries of the world amounted to 101.884 million tons in the first month of the opening of 2019. The above production data was published by the World Steel Association (worldsteel) based on the data collected. of the 38 reporting countries that…
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US steel imports fell 12% in 2018All five of the largest offshore suppliers, with the exception of Vietnam, reported declines in US steel shipments. The American Iron and Steel Institute (AISI) today reported that total steel imports into the country in 2018 decreased by 11.5%. Meanwhile, imports of finished steel also fell 13.1%…
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Ukraine plans to rise in the Doing Business rating by 10 positionsThe Cabinet of Ministers has set a goal for Ukraine to rise by at least 10 points in the Doing Business rating by 2020. This was reported by the press service of the Ministry of Economic Development on its Facebook page. “We have set ourselves a goal - by 2020 to rise by at least 10 points in the…
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Brazil Extends Anti-Dumping Investigation Period Against Heavy Plates From Ukraine And ChinaBrazil has postponed an anti-dumping investigation report on imports of carbon steel plates from China, Ukraine, South Africa and South Korea for up to 2 months from 2 August. This is stated in the document of the local secretariat of foreign trade of the Ministry of Industry of Brazil (Secex…
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Verkhovna Rada deputies demand to cancel the increase in export duty on scrap metalOn Friday, March 1, in the Verkhovna Rada of Ukraine, a draft resolution No. 9474-P1 was registered on the abolition of the adopted law of February 28, 2019 on increasing the export duty on scrap metal to 58 euros per ton. The author is the people's deputy Alexander Opanasenko. In an explanatory…
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World leaders in steel production in January 2019Production data for January show that crude steel output from the 64 reporting countries increased by almost 1% over the previous year. These countries accounted for almost 99% of all global steel production in 2017. World crude steel production in January 1919 was 146.705 million tons, up from…
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ArcelorMittal records a slight drop in steel supplies in 2018ArcelorMital, the world's leading steel and mining company, has announced the publication of its 2018 annual report. The company had operating income of $ 6.5 billion in 2018, slightly higher than operating income of $ 5.4 billion in 2017, largely due to improved working conditions. ArcelorMittal…
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NLMK stops supplying slabs to the USANLMK stopped supplying Russian-made slabs to its US subsidiaries in February after securing supplies from other countries that were exempted from US steel tariffs. So said the chairman of the NLMK Strategy Committee Oleg Bagrin during the presentation of the new five-year strategy of the steel…
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Zaporizhstal production results for February and the beginning of the yearIn February 2019, Zaporizhstal produced 360.9 thousand tons of pig iron, 329.6 thousand tons of steel, 277.0 thousand tons of rolled metal. During the first months - January to February - 2019, 730.8 thousand tons of pig iron, 683.7 thousand tons of steel, 572.8 thousand tons of rolled metal were…
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Turkish scrap imports fallTurkish scrap imports fell 26% year on year in January to 1.24 million tonnes, according to the Turkish Statistical Institute (TUIK). Their average cost was $ 331.1 /t against $ 320.8 /t in January 2018. January tonnage was lower than in all periods, except for one monthly volume of scrap imports -…
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