Metallurgy news
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DRI production statisticsPreliminary data released by the World Steel Association indicates that global production of direct reduced iron (DRI) in November this year remains more or less stable compared to the previous month. Global DRI production figures are based on figures compiled from 14 countries that accounted for…
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Ukraine does not want to buy Russian gasRussia believes that Ukrainian gas reserves are too small to guarantee the transit of raw materials to the EU in the event of an increase in demand for it. And he wants to sell gas to Ukraine "at a good price," nevertheless, Kiev's reaction to the Russian proposals is negative. Why is this…
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EU introduces duties on rebar from BelarusThe European Union decided to introduce a preliminary anti-dumping duty of 12.5 percent on Belarusian-made reinforcing steel. The obligations are still preliminary and for the next six months the EU will conduct proceedings, and then decide whether to introduce duties for a long period. The…
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Results of steel production in Ukraine in November and for 11 months of 2016In November of this year, Ukraine smelted 1.93 million tons of steel, which is 3.1% more than in November 2015. During the period from January to November 2016, Ukraine produced 22.211 million tons of crude steel. The World Steel Association reports. This result allowed Ukraine to keep the 10th…
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World's top producers of crude steel in NovemberThe top ten producing countries in the world in terms of total crude steel production during November 2016, in thousands of tonnes, are: 1.China 66290 2.Japan 8618 3. India 8010 4.US 6226 5.Russia 5975 6.South Korea 5770 7.Germany 3335 8.Turkey 2912 9. Brazil 2426 10.Italy 2076 In addition, a list…
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World crude steel production up 5% in NovemberAccording to the latest statistics released by the World Steel Association, the 66 member countries' crude steel output was 132.402 million tonnes in November 2016, up 5.0% from 126.14 million tonnes in the same month a year earlier. Crude steel production in the Middle East region grew by over 43%…
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Australia will buy French submarinesAustralia and France have agreed to build 12 submarines for the Australian Navy by the French arms company DCNS for a total of A $ 56 billion ($ 41 billion). The Australian authorities chose the military shipyard DCNS as a partner for this project back in April, having rejected competitive…
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Turkey's steel production rises in January-NovemberAccording to the statistics of the Association of Turkish Steel Producers, in November this year, Turkey's crude steel production decreased by 2.1% compared to last month, but increased by 10.4% compared to the same period last year. In particular, the volume of steel output from electric arc…
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US dollar index hits new high in 14 yearsAs the United States Federal Reserve raised its interest rate, the dollar has strengthened in recent days. In addition, when Donald John Trump won the presidential election, the US dollar index rose 7 points from 95.89 to 102. This was a new high in the last 14 years. All prices for metals such as…
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Moody's Poor World Shipping Forecast for 2017Moody 's Investors Service released a negative outlook for global shipping in 2017, driven mainly by continued oversupply of power transport vessels and a 7-10 percent decline in profits. In particular, an oversupply of transport services will remain in the containerized sea freight market, and the…
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