Metallurgy news
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EU-28 crude steel production fell in JanuaryEU-28 crude steel output fell 7.6 percent in January on an annualized basis, according to the latest data released by the World Steel Association. The output in the region amounted to 13.428 million tons during the month. Germany recorded the highest level of steel production among EU countries…
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Will steel prices rise in 2016?At the end of last year, global sales of steel products plummeted to their lowest level in more than a decade, as record high Chinese exports triggered an oversaturation of the steel market that lowered the value of transactions around the world. According to experts, the steady decline in steel…
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CIS steel production fell 5 percent in JanuarySteel production in the Commonwealth of Independent States (CIS) declined by more than 5 percent during January this year. Belarus, Russia and Uzbekistan reported declines in production during the month. At the same time, Ukraine, Kazakhstan and Moldova showed growth in steel production over this…
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PJSC "Zaporizhstal": production results in February 2016In February 2016, PJSC Zaporizhstal registered an increase in pig iron production by 5.8%, steel - by 9.8%, rolled products - by 7% compared to the same period in 2015. In February 2016, 295.0 thousand tons of pig iron, 323.3 thousand tons of steel, 283.3 thousand tons of rolled products were…
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Turkish company Vestel closes production of household appliances in RussiaThe well-known Turkish company Vestel for the production of household appliances is closing an enterprise in Russia, as the head of Vestel said. He said that the closure of production is not connected with the deterioration of relations between Turkey and Russia. The head of the company noted that…
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Syria partition planAccording to media reports, the US has developed a partition plan for Syria. Earlier, the CIA published a report that deals with the complete division of Syria. The Turkish newspaper Yeni Shafak reported on the specific plan of the US government on the Syrian section. According to the plan, Syria…
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Europe plans to keep the transit of Russian gas through UkraineThe European Commission views Ukraine as a reliable partner and would like to preserve the transit of Russian gas through the country, said Maros Sefcovic, Vice President of the European Commission for Energy. “Of course, we believe that the transit of gas supplies through Ukraine should be…
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Russian oil exports will continue to grow in 2016Russia is one of the key geopolitical players and often appears on the front pages of global news, including in the world oil trade. After several years of limited growth, exports of oil and petroleum products from the country grew significantly in 2015, despite a sharp drop in oil prices and…
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In Russia, from April 1, excise taxes on gasoline and diesel fuel will be increasedThe Russian President has signed a federal law to increase the tax rates of excise taxes on gasoline and diesel fuel, according to the presidential press service. "The federal law makes an amendment to article 193 of part two of the Tax Code of the Russian Federation, according to which tax rates…
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At the North mine killed 36 peopleAs a result of the accident at the Severnaya mine in Vorkuta, 36 people were killed, Deputy Prime Minister Arkady Dvorkovich said. “There are many dead. There is no hope that the 26 people who were in the mine are alive. It can be considered that 36 people were killed, including the dead mine…
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