Metallurgy news
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Export and import of iron ore and coal in Ukraine in January-AprilAccording to data published by the State Service of Ukraine, in the period from January to April of this year, Ukraine exported 14.75 million tons of iron ore, which is 13.9 percent higher, and in monetary terms, totaling 769.210 million US dollars, which is 42.6 percent lower on an annualized…
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US metallurgists oppose Russian steel importsAmerican steelmakers have demanded that the Department of Commerce cancel the trade agreement that spares Russian CTL carbon steel producers from import duties. US steelmakers such as Nucor Corp, SSAB and Arcelor Mittal LLC said the flood of cheap carbon steel has hit local industries hard. They…
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Global copper demand to rise to 36 million tonnes in 2019Global demand for copper, a metal that is made from refined copper, secondary raw materials and copper waste, is forecast to grow more than 4 percent annually through 2019 to 36.0 million tonnes, worth $ 261 billion. According to the latest research by the Freedonia Group, the use of copper wire…
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Gazprombank discusses purchase of Mechel debtGazprombank is in talks with Sberbank, Russia's largest creditor, over the acquisition of debt from the mining and metallurgical company Mechel. Sources familiar with the situation report that Mechel, controlled by businessman Igor Zyuzin, acquired most of its debt before the economic downturn…
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ArcelorMittal color coated steel now comes with up to 35 years warrantyArcelorMittal offers automatic warranties of up to 35 years for its new Granite® HDX and Granite® Storm painted steel roof and façade products. As of April 1, 2015, the Granite® product range comes with a 35-year anti-corrosion coating warranty, expandable upon request. ArcelorMittal's warranties…
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Exports of stainless steel from Japan increasedAccording to the latest figures released by the Japanese Ministry of Finance (MOF), stainless steel exports from the country rose significantly in March this year, compared with exports in the previous month. Exports of stainless steel products to Japan during March 2015 amounted to 111,096 tons…
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For Russia, gas condensate plays a key role amid sanctions on production in the ArcticAs Siberia's oil fields slowly dry up, Russia is using the by-product to keep oil production up and meet its 10 million barrels per day target. Companies including OAO Gazprom, OAO NOVATEK and OAO Rosneft are also increasing condensate yield at new Siberian gas fields, as this is a common component…
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Brazil Increases Flat Products Exports By 19 Percent In AprilAccording to data released by Brazil's Ministry of Development and Trade, the country's flat steel products exports flourished during April this year. On the other hand, the export of semi-finished products in April 2015 decreased significantly. Brazil exported 131,300 tons of flat steel during…
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Recycling old electronics has become a necessityThe latest report from the United Nations University estimates the amount of electronics discarded by consumers in 2014 at 41.8 million tonnes, with only 6.5 million tonnes being reused. Imagine a world in which billions of dollars worth of gold, silver, platinum and other precious metals are…
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Chinese steel product exports unlikely to fall in 2015 - CISAGrowing demand for low-priced products supplied by Chinese steelmakers to the overseas market is likely to offset the negative impact on exports of tax cut cuts, as noted by China Iron and the Steel Association (CISA). Consequently, the country's steel exports will remain at fairly high levels in…
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