Industry news 03/29/2018 META Group of Companies summed up the results of 2017 03/28/2018 FAS will bring down prices for FGK services 03/26/2018 NUST MISIS: a unique furnace for processing industrial waste created 03/19/2018 The government is preparing to ban the export of ferrous scrap 03/12/2018 European Steel Association: US duties are a disaster Industry events 03/27/2018 - 03/30/2018 Mashex Siberia 2018 05/22/2018 - 05/23/2018 Metals and mining industry in Russia and the CIS 2018 05/29/2018 - 06/01/2018 "Metallurgy. Russia'2018 "," Litmash. Russia'2018 " 09/18/2018 - 09/21/2018 Recycling 2018 09/10/2018 - 09/14/2018 Non-ferrous metals and minerals 2018 09/11/2018 - 09/14/2018 Mechanical engineering. Metallurgy. Metalworking - 2018 Analytical information 02.03.2018 CHEMK diversifies production amid the global electrode crisis 02/14/2018 Cuts in China's steelmaking capacity lead to export problems All rights to the materials posted on this site belong to LLC "TransLom"Terms of use Site development

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Industry news 03/12/2018 European Steel Association: US duties are a disaster World marketEconomy On March 12, the European Steel Association EUROFER issued a statement strongly condemning the US imposition of import duties on steel and aluminum. According to EUROFER President Geert van Polvoord, who was elected to this position in December 2017, the introduction of such barriers will lead to a redistribution of global trade flows and redirection of up to 13 million tons of steel to the European market. For the EU, which imported 40 million tons of steel in 2017, this volume is significant. Van Polvoord added that a possible influx of imports could be a "disaster" for the European steel industry, which began recovery growth in 2017. The USA is one of the main export destinations for steelmakers from the EU countries. In 2017, 5 million tons of steel products were exported to the United States from Europe, while the main exporting country, Germany, supplied just over 1.3 million tons to the United States. For German steel producers, the US market is the third largest outside the EU. Recall that on March 8, US President Donald Trump signed a decree on the introduction of import duties on steel and aluminum. According to the text of the document, imported steel will be taxed at 25%, aluminum - 10%. The innovations will take effect on March 23. The duties will temporarily not apply to Canada and Mexico, with which the United States continues to negotiate the fate of the North American Free Trade Agreement (NAFTA). All rights to the materials posted on this site belong to LLC "TransLom"Terms of use Site development