Metallurgy news
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CTA report on recycling e-wasteThe Consumer Technology Association (CTA), formerly the Electronics Consumer Association (CEA), is a trade association of 2,200 companies. In a new report released by the Association, the growth of the consumer technology sector is bringing to the forefront initiatives for product recycling and…
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China is not the only problem for the global economyAt least for now, there are five major factors interacting: a slowdown in the Chinese economy, falling oil prices, terrorism stemming from the turmoil in the Middle East, a strong US dollar, and an increase in domestic interest rates. Yet the slowdown in the Chinese economy is the worst news for…
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Russia has increased the export of pig ironRussian exports of pig iron throughout 2015, according to preliminary estimates, amounted to about 5 million tons, which is higher than the 4.35 million tons of pig iron exported in 2014. According to the latest government statistics, published on the basis of updated results, the export of pig…
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Rolled steel imports occupy 28% of the US steel market - AISIBased on the latest analysis of the Department of Commerce data on steel imports, the American Iron and Steel Institute (AISI) reported that permits for imports of steel products for December were 2,551 thousand tons, down 5 percent from the 2681 thousand tons of permits registered in December…
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Zaporizhstal increased production of rolled products by 20 percent in DecemberIn December 2015, PJSC Zaporizhstal registered an increase in pig iron production by 12.2%, steel - by 9.9%, rolled products - by 19.7% compared to the same period in 2014. In December 2015, 353.5 thousand tons of pig iron, 353.3 thousand tons of steel, 304.3 thousand tons of rolled products were…
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Russia sues Ukraine in court in EnglandRussia accuses Ukraine of default on debt repayment obligations. Ukraine has not repaid a $ 3 billion loan and outstanding interest of $ 75 million as of December 31, the Russian Finance Ministry said. Thus, Russia is filing a claim in an English court. The Russian government claims that Ukraine is…
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Precious Metals Outlook 2016Some analysts say silver's saving grace in 2016 could be improved global economic growth. As economic conditions improve, industrial demand for silver will rise. And demand for this precious metal could eventually surpass gold in 2016. In the long term, the outlook for industrial use of silver is…
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Innovations of the Tax Code of Ukraine regarding VATThe Law of Ukraine "On Amendments to the Tax Code of Ukraine and some legislative acts of Ukraine regarding ensuring the balance of budgetary receipts in 2016" dated 24.12.2015 No. 909-VIII, the people's deputies made amendments to Articles 188, 189 of the NKU. That is, new rules have appeared for…
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Ukrainian currency lost 44 percentUkraine is on the road to hyperinflation: in 2015 alone, the value of the hryvnia fell by 44 percent. In the previous year, losses amounted to 24.9 percent, according to the head of the Central Bank Valeria Gontareva. The country's foreign exchange reserves remain more or less stable at $ 13.3…
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Copper market reduces surplusThe global copper market recorded a surplus of 266 thousand tons in January-October this year, according to the latest report on metal residues published by the World Bureau of Metals Statistics (WBMS). It should be noted that the world copper market recorded a surplus of 298 thousand tons at the…
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