Metallurgy news
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Japanese steelmakers continue to cut CO2 emissionsJapan's steelmakers want to help the country achieve its goal of reducing CO2 emissions while reducing its contribution to global warming. And they took measures to dispose of waste gases and heat. The metal industry in Japan has set a goal to reduce CO2 emissions by 30 percent by 2050. Japanese…
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Bonita starts production of stainless steel microwave ovenwareIndian company Bonita, a leading manufacturer of stylish and innovative home appliances and food storage and preparation, has developed a revolutionary product - stainless microwave bowls. Bonita bowls will not only satisfy those concerned about the health risks of using plastic in the microwave…
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Scrap metal imports in the EU fell by 17 percentScrap metal imports to the EU-28 countries fell sharply during the first quarter of this year, according to the latest EU statistics. According to trade data, imports of ferrous scrap into the EU-28 region during this period amounted to 648,429 tons. Scrap metal imports decreased by 17.1 percent…
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TMK opens a new workshop at TMK-ARTROMTMK's subsidiary ARTROM in Romania has commissioned a precision tube workshop focused on the production of hydraulic cylinders for the automotive industry. The opening ceremony took place in the city of Slatina, which was attended by the Romanian State Secretary for Economic Affairs Popa Maricel…
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MMK announces profit in Q1 2015The largest steel producer in Russia, Magnitogorsk Iron and Steel Works (MMK), reported a net profit of $ 196 million for the 1st quarter of 2015, based on financial results presented in accordance with IFRS. In a statement, the company noted that a year earlier, the first quarter ended with a net…
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Severstal-SMC-Vsevolozhsk opened a service centerA joint venture between the Russian PJSC Severstal and Japan's largest financial and industrial group Mitsui, ZAO Severstal-SMC-Vsevolozhsk, has presented a new service center. The joint venture was established in 2010 with the aim of further processing Severstal's automotive steel sheet along the…
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China's steel production continues to fallSteel production in China fell 1.7 percent to 69.95 million tons in May from a year earlier, and output in January-May was 340.17 million tons, down 1.6 percent from the same period last year. At the same time, exports from the country continue to grow. Government data showed that this is due to…
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Russia provided 10 percent of the world's energy resources in 2014 - BPOil company British Petroleum (BP) said in its Statistical Review of World Energy that Russia provided 10 percent of the world's energy resources in 2014. According to BP, Russia is behind the United States in terms of fossil fuel production. Russia accounted for 12.7 percent of world oil…
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Export of iron ore from Ukraine increased by 14 percentThe latest statistics published by the State Statistics Committee of Ukraine show that iron ore exports from Ukraine increased significantly during the first five months of 2015 at an annualized rate. This was reported by the Belbud-Plast company, which offers windows in Kiev and other cities of…
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Coal use in Poland raises concern in EUPoland's dependence on coal as its main source of fuel has resulted in high levels of air pollution that are considered to be among the worst in Europe. In addition, there has been a decrease in the life expectancy of the average resident due to health problems associated with excessive use of…
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