Metallurgy news
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Turkish steel imports from China up 22 percent in Jan-Aug 2016In the first eight months of 2016, steel imports from China increased to 1.83 million tonnes, up 21.7 percent year on year, according to the Turkish Steel Manufacturers Association (TCUD). Import of billets from China increased significantly, by 86.6 percent, to 981,827 tons. Imports of rolled…
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Coking coal prices increasedCoking coal prices have increased significantly. What are the reasons for this growth, and how long can they last? Indeed, the value around $ 200 per ton has not been reached for more than five years. The process of rising prices may include logistical and environmental issues in Australia's mining…
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US steel imports declinedThe total volume of imports of steel and finished steel products in the first nine months of this year amounted to 24,808 thousand tons and 19691 thousand tons, decreasing by 20% and 22%, respectively, compared to the same period in 2015. The share of imports in the US steel market was estimated at…
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Steelmakers in India hope to increase demand for metalSteel consumption in India rose only 1.3% to 33.74 million tons (MT) from April to August. The current capacity of the industry is about 115 million tons. India's first three steel leaders Tata Steel Ltd, SAIL and JSW Steel Ltd are adding new capacity in stages. Analyst at brokerage Emkay Globa…
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Russia may become the top exporter of wheatRussian grain exports in 2016-2017 should grow by another 40 million tons, according to the Ministry of Agriculture of the Russian Federation. European harvest forecasts suggest that Russia is likely to become the world's top wheat exporter for the first time in 2017. The Ministry of Agriculture of…
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Ukraine imported $ 1 billion worth of coal in nine monthsUkraine in the period from January to September 2016 imported coal and anthracite (foreign activity code 2701) in the amount of $ 1.039 billion, in particular, in September for $ 133.663 million. The total volume of coal supplied to the country in the first nine months of this year amounted to…
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Asia stainless steel marketAccording to MEPS data, demand for hot rolled stainless steel products is stable in Japan and will remain so in the near term. Business in Taiwan is relatively calm. The factories cut their prices slightly in an attempt to boost sales. In China, shipments fell slightly as production was suspended…
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MMK ensures the production of new rolled metal products for shipbuildingThe Magnitogorsk Metallurgical Plant is constantly working on the development of a new brand assortment, mastering a new technology for the production of rolled metal from new steel grades for the manufacture of structural parts for nuclear icebreakers and ice-class ships. Plate mill 5000 produces…
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Replacing steel in the automotive industry will not reduce the environmental burden - EuroferAccording to Eurofer, the fuel economy benefits of cars made from lightweight materials will not compensate for the environmental damage caused by the production of the materials used, even after driving at least 200,000 km. In its final presentation, Eurofer says that the lighter the material, the…
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Austrians rely on GazpromAccording to the senior manager of the Austrian oil company OMV, Manfred Leitner, due to the decrease in gas production in the EU countries, the balance in the market can be ensured by importing raw materials from Russia. According to Leitner, the reduction in gas production in the EU will be up to…
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