Metallurgy news
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Dneprospetsstal summed up production results in November 2016In November 2016, the largest producer of stainless steel in Ukraine, PJSC "Electrometallurgical Plant" Dneprospetsstal "them. A.N. Kuzmina ”delivered 19,036 tons of steel, which is 16.6 percent less than last month. During the same period, the enterprise produced 12,786 tons of finished rolled…
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Consumption of rolled metal is growing in UkraineIt is expected that in 2016 the Ukrainian market for steel consumption will increase by 26 percent compared to a year earlier and will reach 4,122 thousand tons. Then, as in 2015, the consumption of rolled metal in the country amounted to 3269 thousand tons. According to forecasts, a further…
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Breakthrough in protecting the EU steel marketAfter three years of negotiations, the countries of the European Union agreed to strengthen market protection mechanisms. One of the main problems was the question of eliminating the minimum duty rule, which means that even in the case of the introduction of duties, they have the lowest possible…
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New Nissan hurts Japanese aluminum producersThe electric version of the Nissan Note went on sale in Japan in early November and immediately became the top-selling car this month. The system combines the advantages of an electric drive with an internal combustion engine, being connected to the wheels, serves as an energy generator and cars…
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Vietnam's steel sector could grow 10-12 percent next yearAn expected 6.2 percent GDP growth this year, as well as operations on 10 steel projects in 2017, will support the expansion of Vietnam's metallurgical sector. However, experts warn of existing obstacles in the quality of cheap steel from China, which will continue to flood the domestic market…
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Ukraine discovered 40 billion cubic meters of gas on the Black Sea shelfAt least 40 billion cubic meters of natural gas were discovered by the geological services of Ukraine on the shelf in the southwestern part of the Black Sea on an area of 7000 sq. m, as announced on Tuesday by the State Service of Geology in Kiev. These estimates are based on the results of the…
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Chinese steel production grows fastest in two yearsChina's steel mills increased their monthly output in November, the fastest growing in more than two years. Strong demand from infrastructure has spurred producers to increase production for the ninth straight month, even when coking coal prices are prohibitively high. Steel output in November rose…
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Gazprom received a loan of 800 million euros from banks in Japan and the United StatesRussian Gazprom said it had signed an agreement with Japanese banks Mizuho and Sumitomo Mitsui Banking Corporation (SMBC) and American JP Morgan Chase Bank for a loan of 800 million euros for four years. The company said that the signing of the loan agreement took place on Monday in Moscow. The…
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Will China sue the world?China was to obtain the status of a market economy after 15 years of WTO membership. However, the United States admitted that China did not meet the criteria. The European Union is of the same opinion. China promises a tough response. According to some lawyers, today the country may sue Brussels…
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The golden age for copper is comingCopper on the London Metal Exchange is rising in price in response to forecasts by analysts at Goldman Sachs, who have increased their forecasts for metal prices. Goldman Sachs expects copper to rise above $ 6,200 per tonne in the next 6 months versus an early estimate of $ 4,800 per tonne. In…
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