India plans to increase excise duties on steel imports to 20%
India is considering imposing a 20 percent anti-dumping duty on imported steel. This after domestic producers complained that they were affected by a wave of cheap imports – mainly from China and Russia. The proposal was stimulated by a complaint filed in July by three of the largest steel companies in India: Steel Authority of […]
Azerbaijani companies interested in Iran’s steel industry
The Baku Steel company (Azerbaijan) is willing to invest in two steel projects on the territory of Iran. The problem will be discussed during the next visit of the company’s representatives to Iran. These statements were made by the Iranian Minister of Industry, Mines and Trade, Mehdi Karbasian, according to Trend. He mentioned that, in […]
UK steel industry affected by cheap products from China
The slowdown in China’s economy has created an avalanche of cheap steel products, which have entered the UK market. Which could lead to additional factory closures, such as the SSI UK in Redcar. The steel industry in the UK has been collapsing for years: slowing demand and a wave of cheap steel from China have […]
Electric steel
Electric steel is a steel adapted to produce certain magnetic properties. Natural resources are limited and their efficient use is a major priority. This is also true when it comes to the transmission of electricity. When electric motors convert electricity into motion or generators convert motion into electrical energy. For these types of applications, electric […]
The European crisis will affect, but not destroy Tata Steel
The industry’s problems will affect but not destroy the major steel producer Tata Steel. The Indian manufacturer has huge debts. Its European businesses are racking up massive losses amid inflation from cheap imports from China. However, a timely refinancing and support from the parent company means that Tata Steel can avoid the fate of weaker […]
Why is the UK steel industry in crisis?
The British steel industry is in crisis. Tata Steel has become the third company to announce job losses in recent weeks. And it seems that more than one in six of the 30,000 remaining jobs in the steel industry could disappear now. A sector that was eroded by the global recession of 2008 and 2009 […]
EU steel producers are calling for tougher action against imports from China
The EU steel industry is pushing for tough action against Chinese imports. Also, a relaxation of environmental regulations before a meeting in Brussels regarding the future of the steel sector. Ministers from the EU states will meet to discuss the dire situation faced by steel producers. Being underlined by a wave of closures of some […]
Innovative combinations of glass and steel
Modern architecture requires transparency, brightness and elegance, that’s why combinations of glass and steel are used. Steel constructions in combination with glass are the most suitable to satisfy these requirements. New technological developments have developed both the options available, but also reduced the difficulties in designing, detailing and erecting steel and glass buildings. Another advantage […]
Construction of structural steel bridges
Some modern structural steel bridges benefit from the latest advances in automated manufacturing, and construction techniques are able to offer economical solutions for the requirements of safety, fast construction, aesthetics, minimal maintenance and flexibility in future use. For structural use in the construction of bridges, these steel products are cut to the required dimensions and […]
The steel mill ArcelorMittal Galati temporarily stops work in 2016 due to cheap imports from China
The problem with cheap steel imports from China also affects the Romanian steel industry. According to some information from trade union sources – later confirmed by the management of ArcelorMittal. At this moment, tough negotiations are taking place. So that the employees are convinced to accept the reduction of the work schedule in 2016. Obviously, […]
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