Iran, Saudi Arabia and Qatar reported significant on-year increases in steel exports in 2018, while United Arab Emirates’ shipments abroad declined, according to newly-published worldsteel data. Read more at Qatar, Saudi…
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Sublance systems for Tangshan Reafon and Hegang Laoting
Danieli Corus has signed two contracts for total four sublance systems to be installed in China. Tangshan Reafon Iron & Steel has contracted Danieli Corus to implement a sublance-based BOF…
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Gerdau and SKF in agreement to improve productivity at brazilian steel mills
Gerdau and SKF have signed a fee-based agreement aimed at increasing productivity and reducing unplanned downtime at Gerdau’s Charqueadas and Araçariguama steel mills in Brazil. Read more at Gerdau and SKF in…
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British Steel’s French site up for sale separately to Jingye deal
The Chinese buyers of British Steel have reportedly been left “furious” as it emerged that the failed steelmaker’s French factory is for sale separately from the rest of the company….
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US makes final AD ruling on Taiwanese carbon & alloy steel threaded rod
It’s reported that on December 4th, 2019, the US Department of Commerce (USDOC) announced an affirmative final ruling on carbon and alloy steel threaded rods imported from Taiwan. Read more…
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Valmet to close foundry and workshop in Hudson Falls, New York
Valmet will proceed with plans for a phased closure of foundry, machine shop and assembly operations at its production center in Hudson Falls, New York, USA. The first phased closure…
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CIS slab prices rise again
Slab prices from CIS suppliers have risen again, and are likely to continue rising unless they plateau, amid a relative shortage of material compared to demand volumes. Read more at CIS…
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Steel industry doing well, stock correction a good chance to buy
ET Intelligence Group: The correction in steel stocks over the past two days is likely an overreaction to a delay in trade deals involving the world’s two biggest economies. Given…
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EEC imposes AD duties on galvanized steel imports from Ukraine & China
The Eurasian Economic Commission (EEC) announced on December 3rd that it will impose anti-dumping duties on galvanized steel coil imports from China and Ukraine. Read more at EEC imposes AD duties…
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Effectiveness of gas purification in the production of pellets at Lebedinsky GOK reaches 99%
Metalloinvest is implementing a large-scale investment project to reconstruct the gas purification systems at Lebedinsky GOK’s pelletising unit. Scrubbers in the aspiration system have been replaced with electric filters –…
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