Metallurgy news
-
China Steel Futures Drop Amid Weak Demand ForecastSteel rebar futures in China eased after a three-day gain in profit, shedding nearly 2 percent on concerns about weak demand amid increased production at smelters. Construction work tends to slow down during periods of hot summer weather, rising again in the fall when temperatures drop before…
-
Coking coal prices fell in the second quarterBenchmark prices for all coal grades in Q2 2017 were significantly lower than in Q1 this year. In the second quarter of 2017, atmospheric events had a significant impact on the coal market, which significantly reduced supplies from Australia. Negotiations between steelmakers and coal producers to…
-
Trump administration postpones steel trade decisionThe final decision on trade policy in the area of steel will have to wait until other priority issues on the agenda are considered, US President Donald Trump said in an interview with the Wall Street Journal. The administration will take time to decide how to block steel imports, Trump told the…
-
Steel production in Asia and Africa increased significantly in JuneProduction statistics released by the Worldsteel indicate significant growth in steel production in Asia, Africa and the Middle East in June 2017. Production in the Middle East grew 9.4% over the previous year. The regions of Africa and Asia recorded year-on-year growth of 5.5% and 4.5%…
-
Copper on COMEX climbs 12% in a weekCopper positions on the US COMEX rose 12% to 74,143 contracts in a week, the highest level since February, according to data from the Commodity Futures Trading Commission. Speculative investor support helped lift copper prices last week on the London Metal Exchange to $ 6,000 a tonne for…
-
DRI World Production Drops In JuneIran continues to be the leading DRI iron producer. Preliminary figures released by the World Steel Association show that global production of direct reduced iron (DRI) in June this year fell by almost 6% from the previous month. Production was 4.849 million tons, up from 5.155 million tons a month…
-
Top 10 steel producing countries in JuneAccording to the latest statistics published by the World Steel Association, in June this year, world steel production in 67 countries that reported the results of the Association amounted to 141.046 million tons. The monthly issue was up 3.2% from the release in the same month a year earlier…
-
ArcelorMittal Kryvyi Rih may sue the organizers of the strikeThe administration of PJSC "ArcelorMittal Kryvyi Rih" considers the strike of workers of the underground ore mining department, scheduled for July 26, 2017, illegal PJSC "ArcelorMittal Kryvyi Rih" respects the right of the company's employees to publicly express their point of view. The management…
-
Ukraine harvested about 13 million tons of grainAs of July 20, Ukrainian agrarians harvested 12.939 million tons of grain and legumes on an area of 3.878 million hectares, which is 40% of the plan. The average yield was 3.34 tons /ha, according to the Ministry of Agrarian Policy and Food of Ukraine. In particular, farmers have procured winter…
-
Iron ore surpasses the psychological level of $ 70 per tonA good start for iron ore in the second half of July and a rise above $ 70 /t is likely to fade at the end of the year as demand from the main buyer, China, slows and global mine reserves remain robust, according to experts from Sucden Financial Ltd. and Bank Julius Baer & Co. “Any significant…
Pages
← previous
next →
