Metallurgy news
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Japan's steel exports fell more than 19% in JanuaryPreliminary trade statistics released by Japan's Ministry of Finance (MOF) suggest a significant decline in steel exports from the country during the initial month of 2019. The export of steel in the country in January 1919 amounted to 2.46 million tons, which is significantly lower by 19.2% if…
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India extends deadline to introduce retaliatory tariffs on 29 American goodsThe Indian government has extended the deadline for imposing retaliatory customs duties on 29 US goods, including almonds, walnuts and legumes, to April 1. As there are discussions between India and the US over a proposed trade package, the Commerce Department has asked its finance counterpart to…
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Dam collapse in Brazil forces new rules for minersIn January, a dam collapsed at the Valais mine in Corrego do Feijo, killing about 300 people. The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 major companies, said on Tuesday that it will create an independent expert group responsible for…
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Lily bulbs wholesaleTrue gardeners know how to care for flower beds. If you decide to replenish the flower garden with new plants, pay attention to lilies. These flowers will take a special place in the flower garden, will delight with their beauty and tenderness. You can buy lily bulbs in bulk in the online store of…
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World crude steel production in JanuaryWorld crude steel production in 64 countries that reported to the World Steel Association (worldsteel) in January 2019 amounted to 146.7 million tonnes, up 1.0% on January 2018. Steel production in China in January 2019 amounted to 75.0 million tonnes, an increase of 4.3% compared to January 2018…
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Impact of duties on the export of scrap metal in UkraineThe result of two years from October 2016 to September 2018 of the introduction of duties on the export of scrap metal in Ukraine was an increase in revenues to the state budget, that is, the direct economic effect from the export of raw materials amounted to almost UAH 1 billion. Certain positive…
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Steel prices could rise againSteel prices in India may rise for the third time in a month, which is a rare case of volatility in the iron ore market. Since India has become the second largest steel producer in the world, the situation with the upcoming increase in prices for rolled metal products will be projected at the…
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UK Steel Welcomes Tariffs During Brexit TransitionThe UK Steel trade association has welcomed the UK government's approval that 15% anti-dumping steel tariffs will be rescheduled for Brexit. However, the association has called for an agreement to prepare to deal with trade cases. UK Steel CEO Gareth Stays says: “We warmly welcome the government's…
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USA tariffs on steel and aluminum in Canada may be canceledThe tariff cancellation comes amid rumors that Canada may refuse to ratify a new trade deal if tariffs are in effect. The US is likely to remove the steel and aluminum tariffs imposed on Canada. According to David McNaughton, Canada's ambassador to the US, tariffs are likely to be lifted in the…
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South Korea to impose anti-dumping duties on stainless steel from Italy and TaiwanThe Korea Trade Commission has proposed to introduce anti-dumping duties on stainless steel products from Italy and Taiwan for a period of five years. Citing imports to the detriment of domestic industry, the commission will ask the Ministry of Strategy and Finance to impose duties of 9.47% -18.56%…
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