Metallurgy news
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Composites - a new player in the rebar marketThe first use of composite rebar was back in the 60s of the twentieth century. It is much lighter and more durable than steel rods, but also much more expensive, nevertheless, it is increasingly finding its place. The list of advantages of composite rebar is quite long. Let's start with the fact…
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Russian bank issues bonds in yuanSberbank of Russia will issue corporate bonds in yuan. Earlier, the bank announced further placements of Eurobonds. These steps will circumvent the sanctions. Landesbank Baden-Württemberg is ready to help Sberbank in placing Eurobonds. In February 2014, Sberbank issued subordinated Eurobonds with a…
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Ukrainian Ambassador to Nigeria pledges $ 1 billion investment to local authoritiesUkrainian Ambassador to Nigeria Valeriy Alexandruk announced Ukraine's readiness to invest one billion US dollars in the completion of the Ajaokuta metallurgical plant. This was reported by the Nigerian media with reference to the Bureau of State Enterprises. Built at the end of the last century…
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EU and US support Southern Gas Corridor projectThe EU-US Energy Council continues to provide strong support for the opening of the Southern Gas Corridor, including the construction of the Trans-Adriatic Gas Pipeline (TAP). A statement following the US-EU Energy Council in Washington on Wednesday highlighted the importance of the Greece-Bulgaria…
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China opposes EU steel import licensesTrade protectionism will not help solve the problem of overproduction, but only hinder trade, the Chinese Ministry of Commerce said in response to the European Union's four-year import licensing system for steel. The ministry notes that China has always opposed trade protectionism and maintained…
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German taxpayers have to finance TV broadcasting in UkraineForbes magazine claims that the Ukrainian television channel Gromadske TV is supported by Western governments and companies. Gromadske TV, according to Forbes, is "a symbol of the information war between Moscow and the Western world." The program specializes in propaganda against Russia. It is not…
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Belarus negotiates to export electricity to PolandBelarus continues to negotiate on the export of electricity to Poland, as First Deputy Energy Minister Leonid Shenets told reporters before the start of the Belarus Industrial Forum. Leonid Shenets said: “As for the supply of electricity, these are contractual obligations, the work of business…
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New NATO head: Russia is the biggest threat to the United StatesNATO's new commander, US General Curtis Scaparotti, said he sees Russia as the biggest threat to the US. He said he sees the flights of Russian fighters in April near a US warship in the Baltic Sea as a clear signal from Moscow. In addition, NATO Secretary General Jens Stoltenberg recently said in…
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Stainless steel exports from Japan rose sharply in MarchJapanese exports of stainless steel products during the month of March 2016 totaled 89,351 tonnes, up 18.1 percent from the previous month when the country's stainless steel exports totaled 75,645 tonnes. The main export destination for Japanese stainless steel was China. Exports to China reached…
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Nord Stream 2 must be fully compliant with EU legislationA project as important as Nord Stream 2 cannot take place in a legal vacuum, the European Commission emphasized on Monday. In turn, the head of the largest center-right faction in the European Parliament, Manfred Weber, believes that Nord Stream 2 should not receive EU support. “If Nord Stream 2…
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