Metallurgy news
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Challenges in steel trade between China and the EUChina's commerce ministry said Thursday that a European Union anti-dumping investigation into the dumping of hot rolled steel imported from China would seriously disrupt regular steel trade between the two countries. Brussels said earlier Thursday that it had launched an investigation after three…
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India's steel industry grows 4% in AprilAccording to official data, steel production in India in April 2018 increased by 4.4% to 8.59 million tonnes. In the same month a year ago, the country produced 8.22 million tons, the report said. SAIL, Rashtriya Ispat Nigam Ltd (RINL), Tata Steel, Essar Steel, JSW Steel and Jindal Steel and Power…
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Mechel reduced coal sales in the first quarterRussian metallurgical group Mechel reported that sales of coking coal concentrate in the first quarter of 2018 decreased by 19% to 1.61 million tonnes. Coal production fell 2% to 4.97 million tonnes, while steel production fell 6% year-on-year to 1.06 million tonnes.
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India Submits Complaints to WTO on US TariffsIndia has filed a complaint against the United States to challenge U.S. President Donald Trump's tariffs on steel and aluminum. Indian officials said last month that their government would challenge the WTO unless the country's firms were granted a tariff exemption. Trump imposed tariffs in March…
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Brazil delays implementation of countervailing duty on Chinese steelThe Brazilian Trade Secretariat has imposed a countervailing duty of up to US $ 425.22 per tonne on rolled steel from China for five years. In the Brazilian Official Gazette, Camex confirmed the existence of "subsidies for the export of hot rolled flat products from China to Brazil and the damage…
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Steel plant in Ostrava may be bought by Czech billionaire from ArcelorMittalCzech billionaire Tomas Crenek is interested in buying from the ArcelorMittal plant in Ostrava. He is already a co-owner of a metallurgical plant in Trinec. Czech media reported that the first meeting for the purchase of ArcelorMittal Ostrava took place. At the moment, however, there are no…
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The European Union is united on trade with the United StatesThe EU is looking for a permanent exemption from the 25% duty on steel, introduced by the US in March, and 10% on aluminum. The United States exempted the EU "28" of these surcharges, but only until June 1. The question arises as to whether it is realistic to conclude a sectoral trade agreement…
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Azovstal stopped converter # 2 for scheduled repairThe Azovstal metallurgical plant stopped converter # 2 for an eight-hour scheduled preventive maintenance to carry out maintenance work on the gas cleaning equipment. As part of the short-term repairs, the design parameters of the environmental systems will be restored, the air ducts will be…
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Results of metallurgical enterprises of Ukraine for April and 4 months of 2018In April 2018, 1.65 million tons of pig iron were smelted in Ukraine, which is 2% lower than in March 2018; 1.72 million tonnes of steel, up 0.5%, and 1.51 million tonnes of rolled metal products. A slight decrease in the level of pig iron production in April was due to the repair work carried out…
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Coking coal rises amid strong steel pricesPrices for coal supplied by sea are currently underpinned by strong margins for steel prices and limited additional coking coal supply, as well as current logistics restrictions in the US and Australia, Seaport Global reported on Monday. Although coal prices declined in the second quarter, compared…
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