Metallurgy news
-
Japan's steel exports decreasedAccording to statistics from the Japan Iron and Steel Institute, the country's steel exports totaled 3.35 million tonnes in December 2016, up 3.6% from the previous month, but down 5.6% year on year. The value of steel exports decreased by 4.8% compared to the same period last year. Japan's steel…
-
ArcelorMittal launches an innovative galvanization lineLiege, Belgium. The King of Belgium has officially opened a new € 63 million production line at ArcelorMittal Kessales Belgium. The new galvanizing technology is the culmination of years of research and development carried out by the ArcelorMittal and CRM research teams to achieve a breakthrough in…
-
Negotiations with Ukrainians on the future of the Gdansk ShipyardThe Polish Development Fund announces the development strategy of the Gdansk shipyard: "We are negotiating with the Ukrainians about a common future strategy in relation to the Gdansk shipyard and GSG Towers." In December, the Industrial Development Agency increased its stake in GSG Towers, which…
-
Russia reduced oil production by 100 thousand barrels per day in JanuaryAccording to initial and still unofficial data, in January 2017, oil production in Russia was almost 100 thousand barrels per day lower than a month earlier. Average Russian production, according to two sources, reached 11.11 million barrels per day (or 1,516 million tonnes per day) last month, up…
-
Experts: EU duties on stainless steel from China hinder machine buildersThe EU's introduction of nearly 65 percent anti-dumping duties on stainless steel pipes made in China and Taiwan is well suited for steel mills in Europe, but it may be disadvantageous for further processors, including those in mechanical engineering. The European Commission recently acknowledged…
-
Zaporizhstal production results for JanuaryIn January 2017, PJSC Zaporizhstal produced 287.7 thousand tons of pig iron, 326.2 thousand tons of steel and 270 thousand tons of rolled products. Pig iron production in January of this year fell by 58.0 percent compared to 345.7 thousand tons in January last year. Steel production in January 2017…
-
Coal prices are fallingSpot prices for coal used in power plants have plummeted after a strong surge last fall. This happened when China eased restrictions on domestic coal production. China's energy policy has the potential to set trends in international coal prices as the resource-intensive country significantly…
-
MEPS World Steel Steel Price PredictionMEPS World notes that the average price of flat products and steel pipes has increased by 4 percent since the beginning of 2017 compared to December. In addition, the price is more than 50 percent higher than the figure recorded in January 2016. Therefore, in some cases, it is advisable to use…
-
Deutsche Bank predicts an increase in iron ore prices until the second half of 2017In 2016, commodity prices made an impressive comeback, especially iron ore prices. After several years of recession, they jumped nearly 90%, boosted by a combination of increased steel production in China, falling production and a flurry of speculative trading activity in the Chinese futures…
-
Moon Express ready for first private trip to the moon after new investmentMoon Express, the first US private space exploration firm to receive government approval to go beyond Earth's orbit for a trip to the moon, scheduled for late 2017. Fresh funds will allow Moon Express to solve unexpected problems associated with landing a spacecraft on Earth's only natural…
Pages
← previous
next →
