Metallurgy news
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Global demand for rolled steel continues its broad recoveryThe World Steel Association (worldsteel) published its survey for the past period in 2018. Global steel demand will reach 1,616.1 million tonnes in 2018, up 1.8% from 2017. In 2019, global steel demand is projected to grow by 0.7% to 1.626.7 million tonnes. Steel demand depends on a favorable…
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EU appeals to the WTO for damages from the US for duties on steel and aluminumThe European Union is seeking losses from the United States on import duties on steel and aluminum, despite Washington's claims that the tariffs are not in conflict with World Trade Organization (WTO) rules, according to a WTO complaint released on Monday. Following China's example, the EU has said…
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ThyssenKrupp and Tata Steel approach mergerIn this half of the year, the Supervisory Board of ThyssenKruppa may decide on a possible merger of the steel assets of the concern and the European part of Tata Steel. This would create a European market leader for flat products. The new metallurgical company, formed from the merger of the…
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ArcelorMittal Announces List of Companies for Sale in Case of ILVA PurchaseArcelorMittal has announced a list of factories it will dispose of in order to obtain European Commission approval for the purchase of the Ilva plant. It covers several factories throughout Europe. The EU decision is expected by May 23 this year. ArcelorMittal has stipulated that any provisions…
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How will the EU pay the US for the absence of duties on steel and aluminum?Brussels continues negotiations with Washington on the introduction of additional fees for steel and aluminum in the European Union. EU Trade Commissioner Cecilia Malmstroy has just said that she is still unsure of what the United States wants in exchange for excluding the Community. US President…
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Russia discusses retaliatory sanctions against the United StatesA bill on sanctions against the United States in response to sanctions imposed by Washington was introduced to the State Duma, the lower house of the Russian parliament. The project grants the Russian government the right to take steps towards the United States of a political and economic nature…
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ArcelorMittal Kryvyi Rih raises salaries by 20 percentPJSC "ArcelorMittal Kryvyi Rih", the largest mining and metallurgical enterprise in Ukraine, from May 1, 2018 will increase the salaries of its employees from 5% to 20%. The new wage system developed at the enterprise allows for a differentiated revision of the salaries of employees - depending on…
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Sanctions destroyed the aluminum marketThis rapid rise in the price of aluminum was last seen in 1988. So, in four days of trading, the silver metal rose by as much as 13 percent. All this is due to the sanctions imposed on the Russian billionaire Oleg Deripaska. The market can cut inventories by as much as 10 percent. According to…
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"Zaporozhkoks" modernized the biochemical wastewater treatment system"Zaporozhkoks", within the framework of the program of ecological modernization of production, carried out a major overhaul of aeration tank No. 7, intended for biochemical wastewater treatment. The company's investments amounted to more than 2.8 million hryvnia. Aeration tank No. 7 is a structure…
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Ukraine's Trade Representative wants to start a substantive negotiation process with the US on steelTrade Representative of Ukraine - Deputy Minister of Economic Development and Trade Natalia Mikolskaya told Interfax-Ukraine that she wants to start a substantive negotiation process with the United States of America on the issue of excluding the state from the list of countries subject to duties…
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