Metallurgy news
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Severstal Q2 2015 ResultsRussian steel company OAO Severstal reported that steel production in the second quarter of this year fell by 4 percent compared to the first quarter due to lower consumption of scrap metal in the steelmaking process and short-term repairs. Crude steel production in the second quarter was 2.85…
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Dneprospetsstal production results in JuneUkrainian metallurgical company Dneprospetsstal (DSS), a leading producer of long-range stainless steel in Ukraine and the CIS, announced a 9.8 percent decrease in steel production in June 2015 to 21,357 tonnes compared to the previous month of this year. At the same time, the production of rolled…
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Peak consumption of copper and aluminum in China is expected in 2022 - 2025The use of refined copper and aluminum in China is projected to peak in 2022-2025. Copper consumption during this period will amount to 13-15 million tons per year, while aluminum consumption will amount to 27-29 million tons per year, but will then remain at high levels, as reported by the China…
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Mexico imposes duties on steel pipesMexico has imposed temporary import duties on welded carbon steel pipes sourced from the United States, Spain and India. The new measures, announced by the Ministry of Economy in an official statement, indicate that Mexico is stepping up measures to protect the domestic steel industry, which is…
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Export of Chinese steel in the first half of the year exceeded 50 million tonsAccording to statistics from the General Administration of Customs of China, the country exported 8.89 million tons of steel in June 2015, an increase of 1.82 million tons, or 25.7 percent year on year, and a decrease of 0.31 million. .tonnes compared to exports in May. In the first half of 2015…
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BIR published June report on the market of ferrous scrapThe Bureau of International Recycling (BIR) in its monthly publication assessed the situation in the global scrap metal market during June 2015 and clarified the prospects for the development of the market in the near future. Growing exports of Chinese billets, rebar and other steel products have…
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MMK named the best Russian producer of flat productsThe Magnitogorsk Iron and Steel Works (MMK) won first place among the producers of sheet metal in Russia. The industry magazine "Metal Supply and Sales" published the traditional rating of the best manufacturers and suppliers of metallurgical industry products for the first half of 2015. The second…
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Reconstruction of the copper concentrator AGMK in Uzbekistan is nearing completionThe Almalyk Mining and Metallurgical Combine of Uzbekistan (AGMK) has begun installing technological equipment, three ball mills, as part of a project for the reconstruction of a copper concentrator. The project cost is 117 680 thousand US dollars. Earlier it was reported that AGMK plans to…
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May shipments of steel in the United States fell 14.6 percentExperts from the American Iron and Steel Institute have summed up the results of shipments of American steel - a decline, according to statistics, is close to 15%. Steel shipments in the US segment of production fell by 14.6% in May versus the last year's reporting month. The total volume of the…
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Non-ferrous metals keep traders on their toesNon-ferrous metals are trading negatively on the London Stock Exchange, and the Greek debt crisis has become a bone of contention for global markets. Investors around the world have been hooked on the Athens drama that could ultimately mean Greece's exit from the euro area. Unfortunately Greece…
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