Metallurgy news
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EU surpasses US in steel scrap supplyThe European Union became the world's leading exporter of scrap steel in the final results of the last year. The EU had to increase the supply of scrap metal by only 0.3 percent to 17 million tons. At the same time, shipments from the United States fell 17.1 percent to 15.3 million tons, displacing…
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Severstal-metiz confirms compliance of steel fiber with EU standardsOJSC Severstal-metiz, which is part of PJSC Severstal, has confirmed the quality of Hendix Shotcrete steel fiber in accordance with the requirements of the European Union, which makes it possible to supply these products to the European market. Certification of Hendix Shotcrete steel fiber has been…
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Steel production continues to grow in the Middle EastThe sharp rise in crude steel production in the UAE helped the Middle East region post a further rise in production in June this year. Crude steel production in the Middle East region rose 5.3 percent during June 2015 compared to the anthological period last year, according to the latest figures…
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Top ten world leaders in steel production in June 2015World crude steel production stood at 135.594 million tonnes in June this year. June 2015 production was down 2.4 percent year on year. Below are the results in thousands of tons: 1.China 68946 2.Japan 8571 3.India 7422 4. United States 6721 5.South Korea 5862 6.Russia 5643 7.Germany 3769 8.Turkey…
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MMK strengthens its position as a supplier of automotive metal productsMagnitogorsk Iron and Steel Works (MMK) in the first six months of 2015 increased the supply of steel products to enterprises in the automotive sector by 20 percent compared to the first half of last year. Auto deliveries totaled 215,000 tonnes. Despite the prolonged decline in the Russian…
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Tin shipments from Myanmar are on the riseSupplies of tin ore and concentrate from Myanmar remained strong throughout the month of June this year. Chinese imports of tin ore and tin concentrate from Myanmar continued to rise throughout June 2015. According to data released by Chinese customs, the total import of tin from Myanmar to China…
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CIS steel production drops 11 percent in JuneCommonwealth of Independent States (CIS) steel production declined by almost 11 percent during June 2015. A sharp decline in production was recorded in Moldova and Ukraine. Crude steel production in the CIS declined 10.7 percent during the month of June on an annualized basis, according to the…
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USA cut steel imports by 10 percent in JuneThe latest statistics released by the American Iron and Steel Institute (AISI) show that the country's steel imports fell 10 percent in June this year. The total volume of steel imports in the first half of the year increased by 3 percent. In June 2015, the United States imported a total of 3.049…
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Norilsk Nickel summed up the results of the safety unit for the first half of the yearAt an expanded meeting of the heads of Norilsk Nickel's security departments, the results of the first half of 2015 were summed up. The meeting was chaired by Vladislav Gasumyanov, Vice President and Head of the Security Block. According to the established tradition, along with representatives of…
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Moody's lowers POSCO's earnings forecastThe international rating agency Moody 's Investors Service reports that the weak financial results of POSCO in the second quarter of 2015 will not affect the Baa2 rating and its stable outlook. “We have lowered our earnings forecast for POSCO given the weaker-than-expected performance of its…
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