Metallurgy news
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American steel exports have grown since the beginning of the yearUS steel exports in the first eight months of 2018 increased by 25.39%, delivering US $ 492.53 million compared to US $ 392.8 million in the corresponding period in 2017. Mexico was the top trading partner in August this year, according to US data. Exports to this country increased significantly…
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Updated results of MMC of Ukraine for 9 months of 2018General indicators of mining and smelting production in September and for 9 months of 2018. According to the updated data, in September 2018 the following were produced: 1.67 million tons of pig iron, 1.79 million tons, 1.56 million tons of rolled metal. For 9 months of 2018, mining and…
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Prices for rolled metal in the coming months will be firmUgur Dalbeler, CEO of Turkish metallurgical company Colakoglu Metalurji, said that "prices will be solid in the coming months" and he is optimistic about the outlook for 2019, even when tariffs and trade barriers are in place around the world. Dahlbeler said this while speaking with S&P Global…
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Vale Iron Ore Mining Increases Significantly In Q3Brazilian miner Vale said Monday that third-quarter iron ore production reached a record 104.9 million tonnes, up 10.3% year-on-year. This is reflected in a new report on iron ore and pellets sales of 98.2 million tonnes in the third quarter, up 4.7 million tonnes from the previous quarter in 2017…
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ArcelorMittal Kryvyi Rih carries out ecological reconstructionPJSC "ArcelorMittal Kryvyi Rih" this year will continue to implement the project to modernize the sinter shop No. 2. The total cost of the investment project is more than $ 150 million. Now, out of six sintering machines in the workshop, two have been modernized: 5 and 6 - investments in them…
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Liberty Group Announces Acquisition of European Steel Mills from ArcelorMittalThe UK-based Liberty House Group, a member of the GFG Alliance, has received conditional consent to acquire four integrated steel facilities from ArcelorMittal. The properties are part of the properties that ArcelorMittal has agreed to sell as part of the EU approval for the acquisition of Ilva…
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Japan and Thailand benefit the most from US steel tariff exemptionsIn Japan and Thailand, more than 500 thousand tons of imports were exempted from tariffs. Steel imports from Japan and Thailand, according to a Financial Times analyst, significantly influenced the Trump administration's 25 percent tariff exemptions. The publication found that as of 20 August, more…
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Canada offers 25% tariffs on steel importsThe new security measures will cover seven types of imported metal products. The Canadian government has announced its decision to impose a 25% tariff and quotas on steel imports from selected countries, including China and Turkey, in an attempt to limit the flow of steel imports. Specific…
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Severstal announces an increase in steel productionRussian steelmaker Severstal, one of the country's largest steel producers, said Thursday that crude steel production rose 2% quarter-on-quarter to 3.06 million tonnes. Steel sales were 2.71 million tonnes, down 5% from the previous quarter. This was due to short-term repair work on the rolling…
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US unfairly accused POSCO of subsidizing hot rolled steel sheetsThe US imposed a high tariff on Dong-A Steel Co's Korean steel pipes, accusing it of subsidizing POSCO steel sheets used to make pipes. The United States re-imposed a high tariff on Korean steel products, mistakenly, according to POSCO, after finding problems in hot rolled steel sheets. But, last…
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