Metallurgy news
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WTO backs EU accusations against excessive Russian dutiesThis is the first WTO decision on Russia since it joined the organization in 2012. Earlier, for months, the EU protested the imposition of excessive Russian customs duties in response to EU sanctions against Russia. The EU accused Russia of imposing duties that are higher than those permitted by…
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Steel smelting in Russia in the first half of the yearMajor steel producers in Russia announced their sales revenue for the first half of 2016. Steel production increased in the first half of 2016, but steel output by Severstal and EVRAZ fell. In the first half of 2016, NLMK's crude steel output in Russia reached 8.22 million tonnes; followed by EVRAZ…
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Tatal Steel and Thyssenkrupp plan a joint venture in EuropeTata Steel discussed with the German steel company ThyssenKrupp AG the possibility of a joint venture in Europe. The Chief Financial Officer of Tata Steel Group said the discussion on strategic consolidation in the European steel industry is part of a plan to look at how assets and businesses work…
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The first city festival of science, technology and modern technologies Interpipe TechFest will be held in Dnipro on September 17-18Interpipe Company initiated the first technical festival in Dnipro. Interpipe TechFest will bring together robots and drones, 3D printers and the Internet of Things, spectacular experiments and technical hobbies on one platform. Everything can be seen and tested on September 17 - 18 at the…
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IEA expects slowdown in oil demand growthWorld oil demand in 2017 is expected to increase by 1.2 million barrels per day, compared with an increase of 1.4 million barrels per day this year, the International Energy Agency (IEA) predicts. According to the agency's experts, the slowdown in the increase in demand will be the result of the…
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Russia to build two new nuclear power plants in IranRussia, together with Iran, will build two new nuclear power plants, according to Shana agency, according to Seyed Hossein Nakawi Hosseini, a representative of the country's parliamentary committee on national defense and foreign policy. The Iranian parliament decided on the need to provide 20,000…
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Deep Space will launch its first commercial mission by 2020Mining company Deep Space Industries (DSI) plans to send a space reconnaissance vehicle to search for resources in celestial bodies by the end of the decade, which will be one of the first commercial missions outside Earth's orbit. Prior to that, Deep Space will launch a pilot mission in…
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Diplomatic crisis with Russia will cost Turkey $ 1 billionThe crisis in relations with Russia will cost Turkey $ 1 billion in export cuts in the first 7 months of this year, Turkey's customs minister said this week, after both countries took huge steps towards normalizing relations. Russian President Vladimir Putin and Turkish President Tayyip Erdogan met…
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World Mirror Aluminum and Copper Recycling ReportThe Bureau of International Recycling (BIR) has published the latest issue of the World Mirror on the non-ferrous scrap market. According to the report, in recent months. However, there are reported shortages of high quality scrap aluminum and copper. Aluminum alloys can be processed without loss…
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Dneprospetsstal: production results in July 2016In July 2016, PJSC "Electrometallurgical Plant" Dneprospetsstal "named after A.N. Kuzmina ”delivered 20,872 tons of steel, which is 1.5% less than last month. During the same period, the Company produced 13,183 tons of rolled metal, which is 1.7% more than in June 2016. The total cost of commercial…
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