Metallurgy news

• Brexit worsened the stainless steel market situation Brexit could negatively affect stainless steel production in Europe, especially in the UK, due to the disruption of ties with producers in Asia. According to analysts, Brexit could lead to an increase in raw material costs for stainless steel producers, which will be influenced by recent moves... 06.07.2016  12:10

• The volume of steel in the car's structure will decrease Steel remains the main material for car manufacturing as it is cheaper than aluminum or composite materials. However, manufacturers must focus on weight in order to reduce the amount of steel and increase the use of aluminum and plastic in vehicle construction. The use of electric motors will... 06.07.2016  11:52

• Steel Price Rise Remains Limited - MEPS The MEPS BRIC in its Emerging Steel Markets Review noted that the average transaction price in US dollars declined for most finished steel products. However, Brazilian steel prices continued to hit in June. Buyers in dire need of the material immediately placed orders at higher factory prices.... 06.07.2016  10:51

• Sweden sells its German coal mines The Swedish government approved the state-owned enterprise plan, wanting to sell its four German coal mines and related assets to Czech investors. In accordance with the plan announced on Saturday, the operations of Vattenfall AB, which is located in the Lausitz region of East Germany, will be... 05.07.2016  13:40

• Another project with an environmental component is being implemented at the plant of the wrong Ilyich Mariupol Metallurgical Plant named after Ilyich (Ilyich Iron and Steel Works named after Ilyich, Zota Nekrasov) Metinvest Group in September this year will overhaul converter # 2, including the improvement of the gas cleaning system. The press service of the enterprise said that the cost of the... 05.07.2016  13:10

• Russia has reduced the export of iron ore Russian trade statistics show that iron ore exports from the country have declined significantly since the beginning of this year compared to the previous year. Exports of iron ore in April this year decreased by 47.7% compared with exports during the same month a year earlier and amounted to... 05.07.2016  12:20

• Trade unions: ArcelorMittal Kryvyi Rih does not accept back employees mobilized in the ATO The management of the Kryvyi Rih Mining and Metallurgical Plant ArcelorMittal Kryvyi Rih (Dnepropetrovsk region) does not seek to reinstate its employees who were called up during the ATO period to undergo urgent military service in the ranks of the Armed Forces of Ukraine (AFU) and were dismissed... 04.07.2016  13:01

• Turkish Foreign Ministry announced its readiness to provide Russia with Incirlik military base Foreign Minister Mevlut Cavusoglu said Turkey could provide Russia with the Incirlik military airbase, TRT reported. As part of the fight against the terrorist organization Islamic State (IS), Turkey provides a military base for use by all countries that are active against IS, the minister... 04.07.2016  12:49

• ThyssenKrupp develops outside Germany Since the beginning of July, ThyssenKrupp Steel Service Center has been operating under the name ThyssenKrupp Materials Processing Europe. The new structure will help expand work with international clients. This segment is primarily targeted at customers in the automotive, electrical,... 04.07.2016  12:29

• PJSC "Zaporizhstal" signed a contract for the supply of a bell-less charging device for blast furnace No. 3 PJSC Zaporizhstal signed a contract with Danieli Corus for the supply of a bell-less charging device as part of a large-scale reconstruction of blast furnace No. 3. The contract value is about UAH 165 million. As previously reported, Zaporizhstal PJSC has begun preparations for a large-scale... 04.07.2016  11:11