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Eurasian Economic Commission Imposed Five-year Anti-dumping Duties on Chinese Welded Stainless Steel Pipes

Another Anti-dumping Duties on Stainless Steel Welded Pipes From China On 12th February of 2021, Eurasian Economic Commission(EEC) revealed its latest publication, announcing that the commission will impose five-year anti-dumping duties on Chinese stainless steel welded pipes, including 14.62% rates for Foshan Vinmay Stainless Steel Co., Ltd, and 17.28% rates for Guangdong Sumwin New Material

Eurasian Economic Commission Imposed Five-year Anti-dumping Duties on Chinese Welded Stainless Steel Pipes2021-02-22T07:25:45+00:00

Tullow Oil Expects Production To Fall By 16% In 2021

According to a report from Petroleum News London, Tullow Oil, a British independent oil company focused on Africa, warned in London on January 27 that due to lack of drilling activities last year and the planned closure of the Jubilee oil field in Ghana, Tullow Oil's oil production this year will A drop of 16%.

Tullow Oil Expects Production To Fall By 16% In 20212021-02-06T07:22:13+00:00

MCC Group Successfully Put Blast Furnace Upgrade Project of Vedanta Limited into Operation

On 2nd February, India's Vedanta Limited successfully produced the first batch of molten iron, which marks that the blast furnace upgrade project was put into operation. This project was contracted with MCC Group. On 19th May of 2020, both Vedanta Limited and MCC signed the EPC contract. By the end of October, MCC Group successively

MCC Group Successfully Put Blast Furnace Upgrade Project of Vedanta Limited into Operation2021-02-05T08:44:24+00:00

India Abolishs Anti-dumping Duties on Certain Steel Products from China and Other Countries

Relevant Indian authorities said on Monday that temporarily India abolish the anti-dumping tariffs imposed on some steel products from China mainly, as the soaring domestic product prices in India have hit small and medium-sized manufacturing companies that create a large number of jobs. The Indian government announced in its annual budget that, as part of

India Abolishs Anti-dumping Duties on Certain Steel Products from China and Other Countries2021-02-02T07:12:45+00:00

India Balasore Alloys Announced to Stop Manufacturing Chromium Products Indefinitely

Under the pandemic, India chromium products manufacturer Balasore Alloys stopped its production due to the debt of an energy company. After Covid-19 broke out, the price and demands for chromium products fell harshly, and it led to the disruption of supply chain, which made this company indefinitely stop its production. It is said that Balasore

India Balasore Alloys Announced to Stop Manufacturing Chromium Products Indefinitely2021-02-01T06:14:23+00:00

South Korea Appeals to WTO Against Anti-dumping Duties of Japanese Stainless Steel

According to Kyodo News on Tuesday, South Korea has appealed to World Trade Organization (WTO) over the imposition of anti-dumping duties on Japanese stainless steel, and it leads to uncertainty of the previous ruling, which made the disputes between Japan and South Korea become more complicated. In November last year, WTO made a final verdict

South Korea Appeals to WTO Against Anti-dumping Duties of Japanese Stainless Steel2021-01-28T09:16:12+00:00

Sherritt International Failed the 2020-Year Plan Due to Supply Interruption from Cuba

Sherritt International, a manufacturer of nickel and cobalt, has disclosed the 4th quarter and whole year (by the end of 31st Dec, 2020) production volumes. In its announcement, it shows that a joint venture in the city of Moa, Cuba, produced 31,506 tons of 100-base nickel in 2020, which is slightly less than the target

Sherritt International Failed the 2020-Year Plan Due to Supply Interruption from Cuba2021-01-27T08:27:01+00:00

South32: Nickel Production of Cerro Matoso in 4th Quarter of 2020 Fell 39% than Previous Same Quarter

According to the recent report released by South32, due to refurbishment of one furnace, nickel production of Cerro Matoso mine in 4th quarter reaches 6100 tons, falling 39% compared with same period last year. And its sale volume reaches 6100 tons, falling 41% compared with same period last year. In the second half year of

South32: Nickel Production of Cerro Matoso in 4th Quarter of 2020 Fell 39% than Previous Same Quarter2021-01-22T07:33:27+00:00

Short-term Fluctuation may Come to Stainless Steel Coil Market in China

After January of this year, the price of hot and cold rolled coil fell slightly, trading of stainless steel coil market remain depressed, shipment is not smooth, and traders feel cautious towards the future market. On 14th January, Mr.Li Zhongshuang, general manager of Shanghai Ruikun Metal Materials Co., Ltd, was interviewed by China Metallurgical News.

Short-term Fluctuation may Come to Stainless Steel Coil Market in China2021-01-21T02:44:37+00:00

Four Smelteries Put into Use in Indonesia in 2021

According to the reports, Indonesian Ministry of Energy & Mineral Resources (ESDM) and Ditjen Minerba have announce that there will be four smelteries putting into use before 2021. Thus, at the end of this year, there will be 23 smelteries in operation totally. The statistics from Ditjen Minerba shows: by the 17th January of 2021,

Four Smelteries Put into Use in Indonesia in 20212021-01-18T08:46:44+00:00