The Indian Ministry of Finances has imposed the preliminary antidumping duties on flat cold-rolled metal from China, South Korea, Japan and Ukraine. The duty is the difference between $594 and the customs cost of the cold-rolled steel per ton. If the steel is sold at this price or higher, the duty is zero. Complaints to…
DetailsKarelsky Okatysh has assembled new equipment at its fine crushing site – the second advanced crusher. The replacement of the first two crushers is the beginning of the large project of the whole ore crushing network modernization. The goal of the project is to improve the quality of pellets and increase the output volumes. One…
DetailsVolzhsky Pipe Works has confirmed the correspondence of its seamless and welded pipes manufacture to DIN EN 10216-1, DIN EN 10216-2, DIN EN 10216-5, DIN EN 10210-1 and DIN EN 10219-1, as well as the 2014/68/EU PED and EU CPR 305/2011. All the pipe samples and technological processes have passed the audit. Thus VTZ was…
DetailsIn July Russia’s gold bar production decreased by 15.5% YoY but rose by 3.4% MoM, the Federal State Statistics Service said in a statement on Wednesday. Platinum production decreased by 13.2% YoY and rose by 2.4% MoM. Palladium output fell by 5.8% YoY and increased by 1.1% MoM. Gold-bearing ore and concentrate production went down…
DetailsOn August 16, the Customs Service of Taiwan imposed the preliminary antidumping duties on the imports of hot-rolled sheet originating from Ukraine, Brazil, China, India, Indonesia and South Korea. The 8.66-80.5% duty will come into effect on August 22, for 4 months. For Mariupol Ilyich Iron and Steel Works, Metinvest and other Ukrainian manufacturers the…
DetailsIn January-June Turkey imported 9.18 million tons of ferrous metals scrap valued at $1.97 billion, up by 8.4% and down by 20% YoY respectively. According to the Turkish Statistical Institute, imports from US went up by 7.8%, to 1.89 million tons, from Russia – by 16.1%, to 1.43 million tons, and from UK – by…
DetailsTaganrog Iron and Steel Works has produced a trial batch of pipes with external upset ends for TMK Neftegazservis-Buzuluk. The first batch of pipes with 73 mm diameter was made at the SMS Meer press. The need to start producing such pipes was due to the increasing demand from oil industry. (Ukrainian metal)
DetailsMariupol Ilyich Iron and Steel Works goes on expanding its range of rolled sheet at 1700 shop. “We’ve started making 1.2×1000 mm rolled metal of 08PS low-carbon steel. Such products are in demand now. They allow to substitute the expensive cold-rolled coils with cheaper hot-rolled ones”, said the company CEO Yuri Zinchenko. The works has…
DetailsZaporizhstal has invested 630 million UAH in new gas-purifying systems at its sintering machines No. 3-6 and has started construction at the SM6. The foundation works have been completed, over 300 tons of metal structures have been erected, gas-purifying equipment at sintering machine No. 6 is being assembled. This is the last sintering machine at…
DetailsThe Canadian International Trade Tribunal (CITT) has prolonged the antidumping duties on the imports of carbon steel and alloyed hot-rolled sheet originating from Brazil, China and Ukraine for 5 years. CITT has decided that such imports harm Canadian manufacturers of these products. At the same time, the tribunal has canceled the corresponding duties in respect…
DetailsRussia’s copper reserves were over 100 million tons as of 2015 year-end and they are not depleted at all, Minister of Natural Resources Sergey Donskoi said. “Russia is world’s third by copper resources and overcame the level of 100 million tons in 2015, and is sixth by production, supporting near 4-5% of global production”, Donskoi…
DetailsRussian President Vladimir Putin issued a number of assignments after the meeting on rare-earth metals production and consumption held in Velikiy Novgorod on July 29, website of the Kremlin said. In particular, the government is tasked “to consider reduction of the mineral extraction tax (MET) rate in respect of rare and rare-earth metals” by December…
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