Metallurgy news

• German consortium will build high-speed railways in Russia The consortium German Initiative, which forms Siemens, Deutsche Bank, Deutsche Bahn and several other companies, as reported by the Council of Russian Railways (RZD), has expressed a desire to join the project for the design of high-speed railways Moscow-Kazan. It is important to note that the... 24.07.2016  13:36

• Steel production decreased in the American continent in the first half of 2016 According to the latest figures released by the World Steel Association, South American crude steel yields dropped significantly during June from the previous year. Total monthly output fell 13.7% to 3.302 million tonnes. Steel production in the North also declined during the month. Argentina's... 24.07.2016  12:11

• Iran condemned the terrorist attack in Munich Iran has expressed outrage over the fact that an 18-year-old native of Iran committed a terrorist attack on the eve in Munich. The Iranian Foreign Ministry spokesman condemned the killing of innocent people and called on the international community to take joint measures to combat terrorism. On... 23.07.2016  12:55

• Zinc production dropped significantly The latest statistics published by the International Lead and Zinc Study Group (IGISC) indicate that the global refined zinc market is experiencing a deficit of 64,000 tonnes in the first five months of this year. Total zinc reserves during this period decreased by 24,000 tons. Global demand for... 23.07.2016  12:43

• BMZ improved performance in the second quarter of 2016 During the second quarter of 2016, BMZ significantly increased production compared to the previous quarter. The overall growth was 129.1 percent. At the same time, the production of rolled products increased by 124.3 percent, pipes by 145.7 percent, metalware by 121.6 percent. The volume of... 23.07.2016  12:20

• Posco increased its profits by 87% in the second quarter South Korea's largest steelmaker Posco is making good second-quarter profits, thanks to a rebound in its overseas steel business and an increase in sales of premium steel products. The company said its net profit for the April-June period rose 87.8 percent to 220.5 billion won ($ 193.9 million)... 22.07.2016  12:44

• US plans to maintain anti-dumping duty on pipe fittings The US government has decided that it will support existing anti-dumping duties on pipeline valve orders from China, Brazil, Japan and Thailand. The US International Trade Commission (ITC) in its final ruling said that the elimination of the current anti-dumping and countervailing duties on... 22.07.2016  12:19

• Vale may set new annual record for iron ore production Vale SA, the world's largest iron ore miner, said its second-quarter output exceeded analysts' expectations, keeping the likelihood of a new annual production record high. Iron ore output was 86.8 million tonnes, the Rio de Janeiro-based company said in a statement. Vale was expected to produce... 22.07.2016  11:47

• Heavy snowfall in Chile forces Anglo American to cut annual copper output Anglo American shares plunged when it lowered its annual copper output forecast due to heavy snowfall at the Los Bronces mine in Chile, and also saw a decline in production of almost all of its mining products. Anglo American said the annual copper output will be in the range of 570,000 to... 21.07.2016  12:12

• UK is ready to launch nuclear strikes The British Parliament this week approved the resumption of the country's strategic nuclear submarine fleet. After an hour-long debate, 472 parliamentary delegates voted for the costly £ 31bn (€ 37bn) program, while 117 deputies voted against it. New Prime Minister Theresa May named Russia and No... 21.07.2016  11:49