Metallurgy news
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Interpipe results for 2016The Ukrainian industrial company Interpipe has summed up production results for the past year. Sales of finished goods decreased by 5% year-on-year to 572 thousand tonnes in 2016. At the same time, sales of pipes decreased by 10%, while sales of wheels increased by 22%. Export shipments accounted…
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Trump signs two orders for pipeline projectsPresident of the United States Donald Trump has signed two executive orders to promote the construction of the Dakota and Keystone XL pipelines. However, conservationists in the United States believe that the Dakota program will pollute the environment, and local tribes fear water supply problems…
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Outokumpu Finland announces growth in stainless steel sales in 2016Outokumpu, a global leader in stainless steel products, sold 2.44 million tonnes of stainless steel products in 2016, increasing sales by 2.6% year-on-year. Out of this volume, cold-rolled steel was 1.73 million tons, hot-rolled strip was 425,000 tons, sheet steel was 100,000 tons, long products…
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Posco plans to close blast furnace at Pohang plantPosco is reportedly planning to close its No. 1 blast furnace at Pohang. The furnace is expected to be completed by December this year. Since June 1973, Blast Furnace No. 1 has been producing up to 1.3 million tons of molten iron per year. The removal of blast furnace # 1 is part of government…
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Personal experience of cooperation with the Metal Energo North-West plantI would like to express my sincere gratitude to all employees of the Metal Energo North-West Plant for high-quality and efficient service. The fact is that for me, a beginner entrepreneur, it was important to find partners who would supply high-quality metal structures. I made a lot of effort to…
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Good prospects for stainless steel in 2017According to MEPS International analysts, 2016 was a record year for stainless steel production, but production will continue to grow again in 2017. Full year 2016 stainless steel production is projected to hit a record 45.5 million tonnes, up 9.5 percent year on year. The latest revised figures…
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Import of metal products from Russia to the EU is growingSteel demand in the EU is expected to continue to recover in 2017 and 2018. The key challenge for the European Steel Association (EUROFER) is the continued growth of imports. If earlier European steel producers were worried about imports from China, then after the introduction of high duties on…
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Steel demand in China will increase in 2017Steel demand in China is forecast to grow in 2017 due to massive infrastructure projects underway in the country. According to the statistics of the professional organization, the consumption of steel in China will be between 320 million tons and 480 million tons. For infrastructure, the main…
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WSA: Global steel production returns to growthAccording to the World Steel Association (WSA), in 2016 compared to 2015, production decreased in Japan, the USA, Russia, South Korea, Germany and Brazil. Among the top 10 countries, production increased only in China, Ukraine and Turkey. Steel production in China increased by 1.2%. China produced…
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Heavy rain in Peru could affect copper productionAt the Cerro Verde mine in southern Peru, copper mining may be temporarily halted as the region has been hit by heavy rainfall, according to Freeport-McMoRan. Cerro Verde produced 498,951 tonnes of copper in 2016, more than double its 2015 production. Freeport owns 53.56% of the shares in Cerro…
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