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12Jan Steel News

HBIS Serbia Steel Logistics Bid Won By Ukranian Transit Company

500,000 tonnes worth of cargo will be moved this year. He continues by saying that HBIS Serbia does not completely rule out a rise in transportation volumes. In Moskalenko’s words, “securing such a contract provides the UDP fleet with stable operation throughout 2023.” “Since the tender was held among the top Danube shipping companies, the battle was not simple. UDP put a lot of effort into winning and persuaded the partners to agree to favorable conditions. This win demonstrated the complete economic justification for fleet development and modernization. The general director adds, “So this year we are devoting all our...

06Jan Steel News

European Hot Rolled Steel Coil Merchants Watch For The Appearance Of Fresh Import Offers

On January 5, prices for European Hot rolled steel coil remained constant as market participants continued to watch and wait in the absence of many domestic or imported offers. North European Hot rolled steel coil was rated unchanged by Platts for the day at EUR 700/mt ex-works Ruhr. The minimum price level for January trading was usually thought to be Eur700/mt ex-works, while mills are apparently mulling higher prices given the robust restocking activity in December. The buy-side is still worried that increases are not fundamentally underpinned, though. Although it’s acceptable to be bullish, a distributor noted that this price...

03Jan Steel News

China Revised The Import Duty On Coking Coal

From April 1, 2023, the import duty rate on coking coal will be 3%. The Chinese government has decided to review import duties on coking and thermal coal to support domestic producers. SteelOrbis reports about it. Sxcoal writes that, China will maintain a zero import duty on coke in 2023. Its imports to China may increase next year as production in Indonesia and other Southeast countries is expected to increase. As GMK Center reported earlier, steel companies of China in January-November 2022 increased imports of coking coal by 21.5% compared to the same period in 2021 – up to 57.37 million tons. In November, the country...

03Jan Steel News

Turkiye Steel Industry Will End 2022 With A Drop in Production By More Than 13%

The main reasons for the decline in steel production are low demand and high energy costs. “2022 started with high hopes after the 13% increase in steel production in Turkiye in 2021. We had no reason not to expect more than 10% output growth this year. Consumption at the beginning of the year was brisk, the country’s production capacity was adequate, and market conditions were positive until February, when Russia invaded Ukraine. Now the market has changed and it is difficult to guess when the war will end,” he said. In November 2022, Turkiye became the country with one of...

20Aug Company Daily Life

Company Badminton Competition And PPGI

In order to enrich employees’ spare time, enhance their physical fitness and teamwork spirit. Our company organized a badminton match on August 20, 2020 in Tian Badminton Hall. At the organization stage of the event, all departments and offices of the company actively registered. As of August 20, a total of 10 employees participated. , Women’s doubles teams and mixed doubles teams appeared in this doubles competition, making the doubles competition even more exciting. After the game, everyone felt that the ability to hold such an event outside of work not only enriched the work and life of the employees,...

18Jun Company Daily Life

Happy Birthday！

In order to create an atmosphere of mutual love, communication, and promotion of the company’s corporate culture, at noon on June 17th, all the people gathered together to light the birthday candles, sing the birthday hymn, celebrate Rojick Law’s birthday, and send it to us best wishes! At the meeting, Rojick Law expressed deep emotion and expressed his enthusiasm for the company’s work, and hoped that the epidemic could be fast, the prospects were good, and good luck! The company has grown stronger, this move has infected everyone present and actively mobilized everyone’s work enthusiasm. A seemingly small birthday event...

08Jun Company Daily Life

China Export&Credit Insurance Training

Last week, the company organized a CITIC training to avoid business risks and stop losses in a timely manner. In fact, looking back now, whether it is developing customers or avoiding risks, you can use the tool of credit insurance. Export credit insurance is a special policy measure that provides risk protection for enterprises’ legal rights (debt rights) in economic activities such as export trade, foreign investment, and foreign project contracting by underwriting commercial credit risk and national political risk. Simply put, it is to protect your export foreign exchange collection risk. What exactly is the export foreign exchange collection...

29May Company Daily Life

Running Competition

In order to welcome the arrival of Children’s Day on June 1st, strengthen the physical training of employees and improve the physical fitness of employees, Runfei Steel Group held a long-distance relay race around the lake in the early morning of May 29th. The game is scheduled to start at 8:30 in the morning. At the beginning of the game, the athletes rushed out like arrows, they are all sturdy and determined, and the female athletes are all brave and heroic. This game triggered the climax of the atmosphere of the stadium. The competition ended with the hard work of...