Metallurgy news

• Copper production continues to grow - ICSG The International Copper Research Group (ICSG) released its July newsletter reflecting the state of the global copper market. Global refined production increased by almost 3 percent in the first four months of 2015. Primary production rose 2 percent, while secondary production increased 8.5... 22.07.2015  14:38

• Tightening emission standards should reduce steel production in Hebei province The stricter emission control measures implemented by the Chinese environmental authorities in Tangshan City are likely to reduce steel production in the region. New emission limits could lead to the closure of a large number of furnaces and factories in the city, thus resulting in a significant... 21.07.2015  12:58

• Iraq is the biggest problem in the oil market in - JP Morgan Last week, Iran signed a nuclear deal with several world powers, which, among other things, will allow the country to increase its oil production for export. Analysts began to worry that the additional source was estimated at 400,000 barrels per day. According to Goldman Sachs, this could worsen an... 21.07.2015  12:39

• EVRAZ Highveld stops steel production EVRAZ Highveld Steel confirmed on Monday that it has temporarily halted steel production at its steel mills in Mpumalanga Province, South Africa (SA). The decision was made in order to cut costs in the face of weakening domestic demand for steel products, mainly due to a significant increase in... 21.07.2015  11:56

• BMZ exports reached 90 percent of production In the first half of 2015, the Belarusian Metallurgical Plant exported about 90 percent of the total steel production. Anatoly Volkov, Deputy General Director of OJSC BMZ - the managing company of the BMK holding, said: “Our metallurgical plant is export-oriented. In the first half of 2015, we p... 20.07.2015  15:29

• Ukrainian metallurgists need to restrict the export of ferrous scrap Ukrainian steel producers are asking the Ministry of Economic Development and Trade to implement restrictions on the export of ferrous metal scrap from the country, revising the volume of scrap export for the third half of 2015, due to a significant deficit in the Ukrainian market and the threat of... 20.07.2015  12:30

• EVRAZ Q2 operating results In Q2 2015, EVRAZ steel production reached 3.4 million tonnes, down 14 percent quarter-on-quarter due to the deconsolidation of EVRAZ Highveld Steel and Vanadium (EHSV) and maintenance work at Russian steel mills. Steel production excluding rolls was down 14 percent quarter-on-quarter to 3.15... 20.07.2015  11:27

• South Korea suffers from falling excavator sales in China For ten years, South Korea's Hyundai Heavy and Doosan have dominated the Chinese excavator market - a key product in the construction equipment market - with a total market share of 40 percent. They did this by dramatically undercutting the prices of Japanese and American competitors such as... 19.07.2015  12:10

• Brazil's scrap metal exports rise 32 percent in June The latest statistics released by the Brazilian Ministry of Development, Industry and Foreign Trade (MDIC) show that Brazil's scrap exports rose significantly during June this year. Brazilian exports of ferrous scrap during June 2015 amounted to 40,100 tons. The country's scrap metal exports in... 18.07.2015  13:36

• Increased car sales are driving the aluminum market The global automotive aluminum market will grow by an average of 7.77 percent in revenue from 2014-2019. Aluminum and its alloys have unique properties such as lightness, high tensile strength, high corrosion resistance, which makes it possible to replace steel, which is traditionally used for... 18.07.2015  12:18