Metallurgy news
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Zaporizhstal continues to connect new gas cleaning equipmentZaporizhstal this week stopped sinter machine No. 6 for 45 days to connect new gas cleaning equipment. As a result, the plant has already installed new gas cleaning equipment on five out of six sintering machines. Zaporizhstal is implementing an ecological program for the modernization of the…
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Copper got an impetus for growthCopper advanced just 1.6 percent in 2016, the least of the six base metals, amid speculation that supply growth will drive surplus. Yet copper finally felt enlightenment. Prices showed their biggest weekly gains in two months. The metal, which has been well behind its competitors this year, is now…
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Gazprom's gas exports to Poland increased by 20 percentRussians have every reason to be satisfied. “We are seeing growing demand for Russian gas in the countries of the potential Nord Stream 2 range,” said Alexey Miller, head of Gazprom. The increase in Gazprom's supplies to Germany in the period from September 1 to September 15 amounted to 27.9…
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Egypt received from France a Mistral built for RussiaFrance sent the second of the Mistral warships originally built for Russia to Egypt on Friday. The government in Cairo bought them when Paris canceled a contract with Moscow following the annexation of Crimea to Russia in 2014. The originally developed warships were named Vladivostok and…
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France increases gas imports from RussiaFrom January 1 to September 13, 2016, Russian gas exports to France increased by 27.3 percent over the same period last year. In total, during this period, France purchased up to 8 billion cubic meters of gas. However, experts doubt that the gas is intended only for the local market. Due to the…
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Strike in Peru halts operations of iron ore producer Shougang HierroWorkers of Peruvian iron ore producer Shougang Hierro went on strike Monday to halt production at both the Marcona mine and the San Nicolas concentrator, the union and the company have confirmed. According to the company, all 953 workers have joined the strike and are protesting to improve working…
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Eurofer on the challenges and achievements of EU metallurgyMetallurgists welcomed the position of the head of the European Association Eurofer on the need to strengthen market protection. Recalling, however, that other aspects of EU policy pose a real threat to the industry. Axel Eggert, CEO of Eurofer, notes that free trade is not the absence of any…
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China promises to cut aluminum productionChina's leaders have pledged to curb aluminum production that is flooding global markets and threatening jobs in the EU and the US, but Chinese producers have ambitious expansion plans. Market glut has reduced Western buyers' spending on aluminum used in lightweight cars and aircraft. Prices have…
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IMF resumes its assistance to UkraineThe International Monetary Fund has resumed financial assistance to Ukraine. The IMF said Wednesday that it has approved a $ 1 billion disbursement from the current $ 17.5 billion bailout program. Renewal of aid, the President of Ukraine welcomed. “The IMF's decision is proof that the world sees…
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Iran may lease pipelines to export gas to EUIran has the ability to lease regional gas pipelines abroad so as not to build new routes for exporting gas to EU countries, said Alireza Kameli, head of the National Iranian Gas Company. Kameli noted that one of the ways to deliver gas to the EU could be the construction of LNG plants in Iran…
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