Metallurgy news
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Brazilian Vale produced a record 349 million tonnes of iron ore in 2016Brazilian miner Vale SA reports that the company produced a record 349 million tonnes of iron ore in 2016. Successful expansion of capacity at S11D's new mine in the Amazon Basin helped to achieve this high performance. The world's largest iron ore producer says production is at the upper end of…
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Trump lifts restrictions on coal productionUS President Donald Trump signed a bill on Thursday to lift restrictions on coal mining previously imposed by President Barack Obama. According to Trump, the cancellation allows mining companies to save more than $ 50 million a year and save thousands of jobs. This is President Obama's second…
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Causes of the emergency in the energy sector of UkraineDue to problems with the supply of coal from eastern Ukraine, the Ukrainian government has declared a state of emergency for the energy sector. The Cabinet of Ministers of Ukraine called on citizens to save energy in everyday life and at work. If this is not enough, then the government will be…
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Russia can return to the construction of the South Stream?A project that seems to be dead can still return. This was announced by Igor Ilingin, Commercial Attaché of the Russian Embassy in Bulgaria. Despite the fact that this was a statement of a relatively low-ranking diplomat, his public statement caused a strong reaction. South Stream next to the…
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European Parliament rejects faster CO2 reductionMEPs rejected further cuts in CO2 permits from 2.2 percent to 2.4 percent per year. Changes to the European Union's Emissions Trading System (ETS) anticipate a 40 percent reduction in greenhouse gas emissions by 2030. The heads of state and government of the EU received general recommendations on…
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Zaporizhstal reduced consumption of natural gas in 2016During 2016, the consumption of natural gas by PJSC Zaporizhstal in production activities decreased to 160 million cubic meters, which is 22 percent less than 204 million cubic meters of gas consumed in 2015. The reduction in consumption amounted to 44 million cubic meters of gas. The reduction in…
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MEPS expects global production below 2014 levelAccording to analysts at MEPS International, steel production at the level of 2014 will be achieved again no earlier than the next decade. They especially focus on reducing the production of blast furnace steel. The main reason for the decline in steel production will be China's policy of reducing…
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Fuel supplies at TPPs of Ukraine have significantly decreasedCoal stocks in warehouses of thermal power plants (TPPs) of Ukraine in January 2017 decreased by 5.5% and as of February 1, 2017 amounted to 1.948 million tons, according to the Ministry of Energy and Coal Industry. In particular, the reserves of long-flame coal amounted to 905.900 tons, while the…
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Exports of ferrous metal increased in the USAThe United States Department of Commerce reported that December 2016 sales rose 8% from November to 1,217,555 tonnes. American ferrous metal was exported to many major world states. Turkey is the leader in buying ferrous metal from the United States. In December last year, Turkey imported 298,596…
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Chinese steel capacity increased by 36.5 million tons in 2016A report based on a Greenpeace study indicates that Chinese steel capacity increased in 2016 despite government efforts to reduce excess steel production in various steel provinces. A study conducted jointly with Custeel, a steel consulting company led by China Iron and the Steel Manufacturers…
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