Metallurgy news
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SSAB plans to produce steel without CO2 emissionsSSAB, in partnership with LKAB and Vattenfall, has begun work to address the carbon dioxide problem in steel production. The work will convert carbon dioxide emissions into water vapor emissions. Sweden plans to take the lead in this matter. No other country in Europe has the same capabilities…
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New era of the gas market in UkraineThe situation on the Ukrainian gas market is changing rapidly. Ukraine is practically independent of gas supplies from Russia. However, there is still a lot to be done in order for the gas system to operate fully efficiently. The first signs of this are already visible. Overall, in 2015 Ukraine…
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China imposes trade sanctions against North KoreaChina has imposed trade sanctions against North Korea in an effort to suspend imports of gold and rare earth metals. The export of aviation fuel is also prohibited. Thus, Beijing decided to adapt to the new UN Security Council resolution, which greatly tightened sanctions against North Korea in…
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The price of oil is growingWorld oil prices are actively growing today on the background of data provided by the American Petroleum Institute (API). These data indicate a reduction in US inventories, in addition, the release of data from the US Department of Energy is expected. As of 11:00 am Wednesday, the price of June…
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The current state and trends of the foundry industry in the worldThe foundry production of the world has maintained an upward trend for many years. Even during the economic crisis, global production of castings increased by more than 30 percent, including castings from iron, steel and aluminum alloys. The world's leading manufacturer of castings is consistently…
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Outokumpu has developed a plan to improve profitabilityFull implementation of the plan assumes that the company will be the “best stainless steel producer” by 2020 in terms of efficiency and customer focus. It will take several years to achieve these goals, so the company considers it necessary to introduce urgent measures to reduce costs and increase…
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Uralvagonzavod delivered freight cars to AzerbaijanThe Russian corporation Uralvagonzavod has completed the delivery of 3100 freight cars for various purposes to Azerbaijan Railways. The head of the press service of the CJSC Nadir Azmamedov said: “All the cars were delivered within 11 months. The lot of pastures consists of 400 closed, 400…
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ArcelorMittal supplies steel for a floating wind farm in ScotlandA floating wind farm is under construction off the coast of Scotland. For the production of wind turbines, the steel will be supplied by ArcelorMittal. The wind farm will be built by the Navatia-Windar joint venture owned by Statoil Hywind Scotland. Five floating wind turbines will appear deep in…
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EC investigates import supplies of valves from BelarusThe European Commission has opened an anti-dumping case against the import of Belarusian steel bars. This is the second case when anti-dumping proceedings are conducted by the Commission on the initiative of Polish manufacturers. “The procedure is connected with a rapid increase in the import of…
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US plans to strengthen NATO's eastern flankIn February 2017, the United States will begin to increase its ground forces in Europe in response to Russia's aggressive policies, according to the US Command in Europe. According to the Pentagon, from the point of view of strengthening the eastern flank of NATO against the background of Russia's…
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