Metallurgy news
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PJSC "Zaporizhstal" improves working conditions for employeesPJSC "Zaporizhstal" in the framework of a comprehensive program to improve working conditions for employees of the enterprise installs climate systems in production and household premises. In 2017, the plant will allocate about UAH 4 million for these purposes. Particular attention will be paid to…
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Dneprospetsstal: production results in May 2017In May 2017, PJSC "Electrometallurgical Plant" Dneprospetsstal "named after A.N. Kuzmina ”delivered 22 348 tons of steel, which is 3.0% more than the level of the previous month. During the same period, the Company produced 14,338 tons of rolled metal, which is 1.9% less than in April 2017. The…
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Indian steel production rises 4.5% in April-MayThe Indian steel sector has grown rapidly over the past few years and is now the third largest steel producer worldwide, contributing approximately 2% of the country's GDP. India produced 16.391 million tonnes of crude steel in the first two months since the start of the new fiscal year, up 4.5%…
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Physical volumes of export of pig iron from Ukraine for 5 months decreased by 12.5 percentIn January-May 2017, Ukraine reduced the export of pig iron in physical terms by 12.5 percent compared to the same period last year (APPG) - to 737.389 thousand tons. According to customs statistics released by the State Fiscal Service of Ukraine, during the specified period, the export of pig iron…
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Egypt introduces duties on rebar from Ukraine, China and TurkeyEgypt has imposed temporary tariffs on rebar from Ukraine, China and Turkey to protect local producers suffering from cheap imports, the Commerce Department said. The tariff will be set at 17 percent for Chinese steel, 10-19 percent for Turkey for steel, and 15-27 percent for Ukrainian steel. The…
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Commodity prices fell to 50-year lows against US stocksThe Dow Jones, S&P 500 and Nasdaq indices closed at all-time highs last week, despite indications that US job growth is slowing and that the expansion of the world's largest economy is stuck at around 1%. Unlike stock indices, all commodities are still flat in 2017, although prices for energy…
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The largest steelmaker is experiencing a shortage of reinforcing steel“The elimination of some induction furnaces has indeed led to a shortage of rebar in China,” said Xu Huimin, an analyst at Huatai Futures Co. in Shanghai. There are signs of a potential shortage of nationwide rebar stocks, although analysts say this trend could reverse as other manufacturers…
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Single gas market of Poland and UkraineThe Poland-Ukraine gas pipeline should be created as soon as possible, since a single gas market and a gas hub are a strategic goal of the Polish and Ukrainian states. Thanks to the Polish PGNiG's investments in Ukraine, gas will be able to flow from all directions. The planned merger of the…
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Ilva will join the consortium ArcelorMittal and MarcegagliaItalian Industry Minister Carlo Calenda selected the consortium of ArcelorMit5tal and Marcegaglia as the buyer, which offered 1.8 billion euros for the acquisition of the Italian steel mill ILVA (Ilva) in Taranto. In addition to the purchase price, the consortium announced an investment of € 2.3…
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India is the world's second largest producer of stainless steelIndia overtook Japan to become the world's second largest stainless steel producer. The first is, of course, China. India produced 3.324 million tonnes of stainless steel last year, while Japan produced 3.093 million tonnes, according to the International Steel Stainless Forum. A year earlier, the…
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