Metallurgy news
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Tough times await the global long products market - IREPASAccording to the International Association of Manufacturers and Exporters of Valves (IREPAS), in the second half of 2015, the global bar market will face a more difficult situation than in the first half of the year. The deteriorating political and financial situation in some countries of the world…
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Recycled aluminum Olympic torchIn a special ceremony held in the capital of Brasilia, the Rio 2016 Olympic torch was presented by Brazilian President Dilma Rousseff. The Olympic torch was specially created by Shel & Hayashi for the Olympic Games to be held next year in Rio de Janeiro. Guests from many countries will arrive in…
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Strong demand for rare earth metals expected in ChinaA recent research report by Shenyin Wanguo Securities, a stock holding company, predicts that Chinese demand for rare earths is likely to see strong growth, reaching 150,000 tons by 2020. The development of wind power and new vehicle industries will boost demand for rare earth metals, alloys of…
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RUSAL is modernizing powder metallurgy facilitiesAs part of the investment programs launched by RUSAL in 2015, 160 million rubles were allocated to modernize the powder production at the Volgograd Aluminum Plant (VgAZ). One of the areas of modernization at VgAZ is to expand the range of manufactured aluminum powders and pastes, which are used for…
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Azerbaijan starts exporting steelThe Azerbaijani steel producer, Azerbaijan Steel Production Complex (ASPC), reports that the country is starting to export steel, transforming from importing steel products to exporting them. According to the management of ASPC, this process will contribute to improving the efficiency of the…
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POSCO reaches 800 million tonnes of steel outputSouth Korean steel company POSCO said it has crossed over 800 million tonnes of steel products in nearly 43 years since production began in 1972. POSCO has contributed to the industrialization of Korea over the past 43 years and continues to support the country's overall economic growth. By…
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Reducing the price of sponge ironThe fall in the price of iron ore, coal and steel led to a decline in the price of sponge iron. Continuing weak demand from the steel industry in June pushed the price of sponge iron down 6 percent, bordering on production costs. Experts believe that the price of raw materials used to make steel…
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ArcelorMittal named the best manufacturer of automotive steelArcelorMittal has been named the best supplier of premium steels for the automotive industry by global automaker PSA Peugeot Citroën. The award was received by the company for introducing the ArcelorMittal Fortiform range of high-strength cold forming steels, which has enabled automakers to achieve…
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Malta shipyard to become a marine hubAn investment of around 55 million euros is intended to transform the former Malta shipyard into a service center for the oil and gas industry. This will benefit from a growing business in the Mediterranean region. The government was keen to meet the requests for a 175,000 square meter facility in…
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Global aluminum production continues to grow - IAIGlobal aluminum production has continued its upward trend since the end of last year, according to statistics from the International Aluminum Institute (IAI). Even considering that production declined slightly in April, output started to rise strongly from May. China and the Cooperation Council for…
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