Metallurgy news
-
China is considering building a nuclear aircraft carrier"China owns one aircraft carrier (Liaoning), and will soon receive a second, and is also considering the possibility of building a nuclear aircraft carrier," the official newspaper People's Daily quoted a Chinese military expert as saying on Friday. "For the construction of the third aircraft…
-
Merger of Tata Steel and ThyssenKrupp in jeopardyNegotiations between Tata Steel and Germany's ThyssenKrupp to merge their European steel operations have been ongoing for several months, but significant obstacles remain. Germany's largest union, IG Metall, confirmed this week that it foresees "high risk" amid fears that the merger will result in…
-
Beijing warns domestic metallurgists of "attacks" on overproductionChina's steel mills need to prepare for even tougher government overproduction measures this year to make "fundamental" progress in sector reform. “Although the capacity reduction targets were met last year, the problem of overcapacity in China's iron and steel sector has not fundamentally been…
-
Exports of Russian gas are growingIn the period from early January to April 15, 2017, Russian gas exports amounted to 58.5 billion m3, which is 14.7 percent higher than in the same period last year. A number of EU countries saw a significant increase in gas demand compared to last year. Gas sales are expected to increase by Gazprom…
-
Coking coal price jumps to six-year highThe price of coking coal rose again on Thursday by 4.6% to $ 314.00 per tonne due to constant supply disruptions due to a tropical storm in Australia. This is the highest coking coal price since the second quarter of 2011, when price spikes caused floods in Queensland, pushing quarterly contract…
-
Mechel to supply China's Baosteel Resources with about 1 million tonnes of coking coalOne of the leading Russian mining and metals companies says it has extended its cooperation agreement with Baosteel Resources, which is part of Baowu Steel, China's largest steel group. Mechel will supply Baosteel Resources with up to 960,000 tons of coking coal mined in South Yakutia. Coal is…
-
South Korea expands anti-dumping measures against stainless steel importsSouth Korea extends anti-dumping import duties on stainless steel long products for three countries. The South Korean government announced that, based on the results of the study, it decides not to cancel anti-dumping measures against the import of stainless steel bars from Japan, India and Spain…
-
Gazprom signed a contract for the supply of gas to SlovakiaGazprom and the Slovakian gas transmission operator Eustream signed an agreement on gas transportation. The contract amount is 5.3 billion euros. The agreement is a framework agreement and will be valid until autumn 2050. In accordance with its provisions, gas will be transported through the…
-
ArcelorMittal invests in spring steel production in the Czech RepublicArcelorMittal plans to invest about $ 3.17 million in new production at its steel plant in the north-eastern region of the Czech Republic. The funds will be used for the production and reconstruction of spring steel in Ostrava. The redevelopment project will ensure the best performance of spring…
-
USA imposes 22.9% punitive tariffs on steel from German manufacturer SALZGITTERGermany's steel group SALZGITTER has confirmed that the US has imposed a 22.9% punitive import tariff on its heavy plate steel plates. SALZGITTER, the second largest German steelmaker, said it was forced to pay penalty tariffs as a result of anti-dumping procedures imposed by the US Department of…
Pages
← previous
next →
