Could Trump tariffs damage US steelWed, 14 Mar 2018 04:17:37 GMT
For aluminium, it's 42%. That still leaves a lot of metal potentially affected by the tariffs. For steel, the biggest supplier not yet exempted is Brazil, followed by South Korea and Russia. The UK comes in 17th, with several other European countries in ...
Russia: Raspadskaya puts new long face into operationTue, 13 Mar 2018 10:55:42 GMT
The Uskovskaya mine of Raspadskaya Coal Company has put into operation a new long face. Its reserves total 1.7 million tons of coking coal. The monthly output is planned at the level of 250-270 thousand tons. (Ukrainian metal)
Trumps higher steel duty potential bane to BBBMon, 12 Mar 2018 09:00:00 GMT
It imports steel and aluminum from over 110 countries and territories, of which the top sources are Canada, Brazil, South Korea, Mexico, Russia, Turkey, Japan, Taiwan, Germany and India. It also imports from China, Thailand, South Africa and the United ...
Struggling US steel mills fear hammer blow to jobsWed, 07 Mar 2018 16:44:00 GMT
Most imports to the US come in the form of finished steel, but about 20 per cent are semi-finished slabs from Brazil, Russia, Mexico and Japan that are converted into the products then sold to carmakers, construction companies and other customers.
Russia: Severstal ships metal structures to polymer strip worksWed, 07 Mar 2018 11:05:41 GMT
Severstal Steel Decisions has designed the works to produce polymer strips for food packaging. The one-storey building will have the size of 60x66x11 meters. The metal structures weighing 230 tons were manufactured at the Orel site. The shipping was carried out according to the schedule. (Ukrainian metal)
NLMK Board of Directors votes to hold Annual General Shareholders' ...Wed, 07 Mar 2018 00:00:00 GMT
At a meeting held on the 5th of March, directors of NLMK Group (LSE:NLMK), an international steel company with assets in Russia, the USA and the EU, resolved to convene the Annual General Shareholders Meeting on 8 June 2018.
Broker Forecast - Jefferies International issues a broker note ...Fri, 02 Mar 2018 00:00:00 GMT
Jefferies International today upgrades its investment rating on Evraz Plc (LON:EVR) to hold (from underperform) and r...
Americas new steel and aluminum protectionismWed, 28 Feb 2018 18:05:00 GMT
The top 10 source countries for steel imports represent 78 percent of the total steel import volume. Canada accounts for the largest share (16%) followed by Brazil, South Korea, Mexico and Russia. Although China has a key role in the proposed tariffs and ...
Essar steel holds key to Arcelors India entryWed, 28 Feb 2018 02:41:00 GMT
The asset offers an entry point for India-born Mittal into a market where he has been absent even as he built a global steel empire from Kazakhstan to Brazil. We think we are in a good position to bring the asset to full potential in operative terms ...
Australia faces nervous wait over US steel tariffsSun, 25 Feb 2018 08:31:00 GMT
It proposes harsher steel tariffs of 53 per cent on imports from a list of 12 countries including China, Brazil, India, South Africa and Vietnam. aluminium would face a 23.6 per cent tariff for products from China, Russia, Venezuela and Vietnam.
Turkey threatens retaliation as U.S. mulls steel taxThu, 22 Feb 2018 02:30:00 GMT
ANKARA: Turkey is considering retaliatory measures against the United States should Washington impose taxes on its steel exports ... China, Russia and Brazil. Turkey already feels singled out by possible U.S. measures against its financial system ...
Fresh bids for Essar Steel likely if Arcelor, Numetal disqualifiedWed, 21 Feb 2018 00:00:00 GMT
Bids by ArcelorMittal and a consortium led by Russia's VTB Group for acquiring debt-laden Essar Steel are said to have been recommended for rejection.
U.S. Commerce Dept. Recommends Tariffs, Quotas on Steel ImportsMon, 19 Feb 2018 09:50:00 GMT
The report also recommends that a 53% tariff be placed on all steel imports from Brazil, China, Costa Rica, Egypt, India, Malaysia, Republic of Korea, Russia, South Africa, Thailand, Turkey and Vietnam. it suggests the U.S. put a quota by product on steel ...
German Economy Minister Criticizes US Proposals to Increase Tariffs ...Mon, 19 Feb 2018 08:31:00 GMT
Last week, US Commerce Secretary Wilbur Ross recommended to impose a 53-percent tariff on all steel imports from 12 countries (Brazil, China, Costa Rica, Egypt, India, Malaysia, Republic of Korea, Russia, South Africa, Thailand, Turkey and Vietnam ...
Steel Stocks Take Flight as DOC Proposes Tariffs on ImportsMon, 19 Feb 2018 06:13:00 GMT
The other proposed alternatives are at least 53% tariff on all steel imports from Brazil, China, Costa Rica, Egypt, India, Malaysia, Republic of Korea, Russia, South Africa, Thailand, Turkey and Vietnam with a quota by product on steel imports from all ...
Trump tariffs on steel would hit ChinaSun, 18 Feb 2018 13:18:00 GMT
But the list of countries that would be affected doesn't end with China. Limiting or taxing steel imports could also hit Canada, Brazil, South Korea, and Russia -- and the implications could ripple throughout the entire trading system. Related Content ...
U.S. Commerce Department proposes hefty import curbs on steel ...Sat, 17 Feb 2018 12:54:00 GMT
SPECIFIC COUNTRY OPTIONS Alternatively, Commerce recommended a tariff of at least 53 percent on all steel imports from 12 countries Brazil, China, Costa Rica, Egypt, India, Malaysia, Russia, South Korea, South Africa, Thailand, Turkey and Vietnam.
Armenia: investments in metal deposits at $235 million in 2017Tue, 13 Feb 2018 18:37:45 GMT
In 2017 companies developing metallic deposits invested $235 million in the operation. In the next 3 years some 3 billion drams more will be invested in the field. Metallic output last year increased by 30% YoY, mostly because of the growth of world ore prices. (Ukrainian metal)
RUSAL to complete a feasibility study for an industrial-scale ...Tue, 13 Feb 2018 00:00:00 GMT
RUSAL intends to complete the development of a feasibility study in 2018 for the construction of a scandium oxide production unit at one of its Russian operations. Such a development adds to the Company completing another series of pilot-scale tests in 2017 to recover scandium oxide from red mud on its new unit constructed at the Urals Aluminium Smelter (UAZ). The technology encompasses processing red mud from alumina refineries and making scandium oxide as a by-product. This advancement boas...
ArcelorMittal and Ruia-backed Numetal bid for Essar SteelMon, 12 Feb 2018 00:00:00 GMT
The race for buying the bankrupt Essar Steel boiled down to just two - billionaire Lakshmi Mittal who built his steel empire by buying up bankrupt companies across the globe, and Numetal, a joint venture between Russia's VTB Bank and a member of the Ruia clan - Rewant Ruia, said two people familiar with the matter. Mittal expressed optimism about the Indian steel industry and said it has submitted a detailed plan that would address many of Essar's operational issues that had dragged the firm ...
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