Growing nickel production in China and Indonesia likely to underpressure prices

31 January 2019 Latest Steel Market News Growing nickel production in China and Indonesia likely to underpressure prices (Asia-Pacific): Nickle prices are expected to remain subdued due to the upcoming supply of low-grade nickel pig iron in China and Indonesia. Commodity Inside understands that there are some planned smelter expansions in some of these key

Section 232 helps US crude steel production

29th January 2019 Latest Steel Market News Section 232 helps US crude steel production (North America): The US crude steel production up by 6.2% year-on-year in 2018, which was also well above the global growth rate of 4.6%. Restraints on steel imports have been prompting capacity restarts and expansions since section 232 imposed.   Tata

Canada to impose tariffs on Vietnamese welded steel pipes

23 January 2019 Latest Steel Market News CoolSys acquires Arjae HVAC and Mechanical Services  (North America): California-based refrigeration and HVAC services company, CoolSys has acquired Arjae HVAC and Mechanical Services. Both companies specialise in HVAC installation, installation and services. Arjae also fabricates stainless steel besides other metals.   The European Union imposes 25% definitive safeguard duty on stainless steel imports (Europe): The

Metso to supply large scale pellet plant to Tata Steel in India

18 January 2019 Latest Steel Market News Indian steel production and consumption jumped (Asia Pacific): Steel production in India increased by 4.5% to 97 million tonnes from April to December 2018 while consumption grew by 8.4% to 71 million tonnes in the same period, according to the Indian Steel Ministry. Metso to supply large scale pellet plant to Tata Steel in India (Asia Pacific): Metso