Every U.S. Metal Producer Is Down for 2018, Despite Tariffs

The largest U.S. aluminum and steel producers — companies that were supposed to benefit from tariffs — have all lost value this year. Shares of every major U.S. steel and aluminum producer are down for the year, while Century Aluminum ...

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VN maintains tariffs on imported steel

Việt Nam’s Ministry of Industry and Trade (MoIT) has decided to maintain safeguard measures for steel billets and steel bars imported from a number of countries and territories including China, the US, Canada, Germany, France, Japan and the Republic of ...

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Nickel Mines scores tax break for Indonesian stainless steel project Resources

Nickel Mines’ Indonesian partner will not have to pay income tax for the first seven years of operation of its stainless steel project. The corporate income tax relief is for the RKEF Project currently under construction in Indonesia’s Morowali Industrial ...

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Advantages of stainless steel water pipeline

Millions of miles of pipelines are used to transmit drinking water around the world. These pipelines must have good corrosion resistance to water itself, soil chemicals and treatment chemicals, so as to ensure adequate service life and provide sanitary drinking ...

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Trump Says Steel Was ‘Dead’ Before His Presidency

President Donald Trump claimed on Wednesday that the U.S. steel industry was “dead” before he took office and that his predecessor Barack Obama had “shut it down.” It wasn’t, and Obama didn’t. The remarks came during an unusual question-and-answer session ...

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EU steel-using sectors grew robustly

Production activity in the EU steel-using sectors grew robustly in the second quarter of 2018 and outpaced first quarter growth by 0.7 percentage points. For the second half of 2018 and the year 2019 a more moderate growth rate is ...

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China’s manufacturing activity slows down in October

According to the National Bureau of Statistics, China’s manufacturing sector slowed in October with the country’s manufacturing purchasing managers’ index came in at 50.2 in October, narrowing from 50.8 in September, weakest pace in over two years, hurt by slowing ...

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Why are the price of 317L stainless steel flanges higher than 316 and 304 stainless steel flanges?

There are hundreds of different types of stainless steel flanges on the market, which may be difficult to find the perfect metal for your application. In many purchasing processes, the cost of metals is the first consideration rather than the ...

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Pakistan will not privatize Pakistan Steel Mill

In its first meeting under the PTI-led government, the Board of Privatisation Commission on Tuesday decided to slash the list of entities on the privatization agenda, including Pakistan International Airlines (PIA) and Pakistan Steel Mills (PSM), set by the previous ...

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Shanghai steel prices fall on weak China growth, trade tensions

China steel prices fell for a third session on Wednesday as the country’s manufacturing sector posted its weakest growth in more than two years, even as a key steelmaking hub was reported to have issued a pollution alert requiring mills ...

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