The European Union is prolonging the antidumping duties on steel pipeline fittings manufactured in Russia, as well as Malaysia and South Korea for 5 years. The decision was taken in the interest of Vallourec Fittings, Erne Fittings and Virgilio Cena and Figli. The duties cover metal products confirming to the custom codes of CN CN…
DetailsThe E.U. has blocked Russia’s first request to create an arbiter panel at the World Trade Organization (WTO) in their dispute on the union’s anti-dumping duty on cold-rolled steel imports, the WTO said on April 11. Russia sent the request in March. The duties, introduced in 2016, amount to 18.7% for products of Magnitogorsk Iron…
DetailsThe volume of direct Arab investments in the mining industry of Kazakhstan amounted to only $48.6 million in January-September 2018, down by 51.1% YoY. The results of two months of 2019 show that the volume of production in the mining industry reached 2.5 trillion tenge, with an annual growth of 12.9% (however, the industrial production…
DetailsIn March scrap deliveries to Ukrainian metal companies improved. In particular, 296 thousand tons of scrap were procured, up by 118% MoM, of which domestic companies received 288 thousand tons, up by 125%. At the same time exports remained on the February level – 8 thousand tons. In Q1, 661 thousand tons were procured, down…
DetailsFrom April 11, the electricity supply to the Yuzhnodonbasskaya No. 1 mine are limited at the request of the “supplier of the last hope” – the state enterprise Ukrinterenergo. The mine debt for electricity in 2018 amounted to 133 million UAH. Yuzhnodonbasskaya No. 1 mine in the town of Ugledar (Donetsk region) was commissioned in…
DetailsTMK-Inox has commissioned new machinery, in particular the line of TIG and laser welding of stainless pipes, a Surface Engineering grinder and etch tanks. In 2019-2020 the company intends to increase the output of polished welded pipes. This year it will put into operation a polishing line. (Ukrainian metal)
DetailsOrel Steel Works is increasing its range of railroad fasteners. So far the portfolio of butt fittings consists of three types: M27, M24 and M22. For the M27 and M24 nuts a new steel grade was chosen. “Very often in order to decrease the prime cost some manufacturers replace quality metal with cheap one, and…
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