The Federal Agency on technical regulation and metrology (Rosstandart) has approved the GOST 1628-2019 “Copper rods. Technical conditions” standard. The standard will replace GOST 1628-78. It will become valid from December 1. (Ukrainian metal)
The Federal Antimonopoly Service has allowed a company affiliated with Translom to buy the Sinara Group scrap procuring business. According to the analysts the merged company will not control more than 14% of the scrap market. In particular, Germes was allowed to buy TMK-Chermet. There are no companies with the market share over 35% in…
Cherepovets Iron and Steel Works has finished capital repairs of the converter No. 2 in the converter steel shop. The capital repair of the main technological machinery will increase the strength and resistance of all the converter units and will also improve the quality of steel. The repair was finished several hours ahead of schedule.…
Eurasian Economic Committee has prolonged the antidumping investigation on imports of stainless steel hot-deformed seamless pipes from China. The investigation has been prolonged till December 3. It was started on August 31, 2018 and covers pipes with the outer diameter of up to 650 mm. The investigation was initiated by Volzhsky Pipe Works, Pervouralskiy Pipe…
Russian gold producer Polyus has finished drilling at the Sukhoi Log gold field and plans to finish the project’s feasibility study before 2021, CEO Pavel Grachyov announced. “We finished the drilling program we started in 2017. It was an important and capital-intensive stage. We are now analyzing drilling samples, which would take several months. We…
Zaporizhstal has launched a system of “Mobile traffic lights” to monitor manufacturing processes. The system started working in trial mode in the sheet hot-rolling shop. 2 thousand sensors have been installed to read 130 thousand parameters of machinery operation. Now there is no need to fill in a lot of forms or to use computer…
Fitch Solutions Macro Research has revised downwards its 2019 global steel price forecast as global prices continue to be hammered by poor sentiment amid ongoing US-China trade tensions and increasing downside risks to the global economy. It said “In the long term, Fitch Solutions maintains its view that prices will ease and embark on a…
WASHINGTON (Reuters) – The U.S. Commerce Department said on Wednesday it had made a preliminary determination that China and Mexico had dumped certain fabricated structural steel on the U.S. market.As a result, the department said, it imposed duties of up to 141% on Chinese structural steel and up to 31% on Mexican structural steel. The…
