Metallurgy news

• China considers EU duties on Chinese steel unfair China's Ministry of Commerce has expressed concern and regret after the European Union imposed temporary tariffs on imports of two types of Chinese steel entering the EU, calling the investigation methods "unfair." "Reckless trade protectionism and faulty practices that restrict fair market... 12.10.2016  10:38

• Ukrainian Ferrexpo announces production decline in Q3 In January-September of this year, Ferrexpo's iron ore pellet production fell 4 percent year on year to 8.32 million tonnes. Ferrexpo, which specializes in the production and export of Ukrainian iron ore pellets, reportedly announces production of 2.6 million tonnes in the third quarter of this... 11.10.2016  10:43

• Coking coal prices skyrocket The spot price for solid coking coal reached its highest level since May 2013. However, while coal prices are up more than 90 percent, analysts said they are expected to contract this year on a slowdown in China and easing supply problems. September in the international coal market was marked by... 11.10.2016  10:18

• Putin and Erdogan agreed to build the Turkish Stream Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan agreed in Istanbul, on the first day of the World Energy Congress, to build two lines of the Turkish stream. This was announced after the meeting between Putin and Erdogan by the chairman of Gazprom Alexei Miller.... 11.10.2016  10:04

• Increased sales of Tata Steel during the current year Tata Steel said its sales rose 6.56 percent to 4.77 million tonnes in the first six months of the current fiscal year, up from 4.47 million tonnes sold in the same period last year. Sales for the quarter from July to September were 2.62 million tonnes, up 12.4 percent from 2.33 million tonnes in... 10.10.2016  11:36

• EU sets import duties on cheap Chinese steel The European Union has imposed temporary import duties on two types of steel from China to counter unjustifiably low prices. Responsibilities have been a line of defense against Chinese steel imports over the past two years. The European Commission is also investigating the alleged dumping of... 10.10.2016  10:32

• Turkey and Russia want to conclude free trade agreements While the US is preparing new sanctions against Russia and the EU is expected to join, Turkey is in talks with Moscow on a free trade agreement. A free trade agreement between Turkey and Russia could be signed at the end of 2017, Turkish Economy Minister Nihat Zeybekci said. He added that the... 10.10.2016  10:13

• Turkish steel imports from China up 22 percent in Jan-Aug 2016 In the first eight months of 2016, steel imports from China increased to 1.83 million tonnes, up 21.7 percent year on year, according to the Turkish Steel Manufacturers Association (TCUD). Import of billets from China increased significantly, by 86.6 percent, to 981,827 tons. Imports of rolled... 09.10.2016  13:50

• Coking coal prices increased Coking coal prices have increased significantly. What are the reasons for this growth, and how long can they last? Indeed, the value around $ 200 per ton has not been reached for more than five years. The process of rising prices may include logistical and environmental issues in Australia's... 09.10.2016  13:38

• US steel imports declined The total volume of imports of steel and finished steel products in the first nine months of this year amounted to 24,808 thousand tons and 19691 thousand tons, decreasing by 20% and 22%, respectively, compared to the same period in 2015. The share of imports in the US steel market was estimated at... 09.10.2016  13:01