Metallurgy news
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Russian oil and gas production remains at post-Soviet highs in AprilEnergy Ministry data showed that oil and gas condensate production in Russia is the largest in the world, remaining at a post-Soviet record level of 10.71 billion barrels per day throughout April, boosted by the recent recovery in oil prices. World oil prices jumped 21 percent in April to over $ 66…
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The Panama Canal has a final gateThe Panama Canal Authority has declared the installation of the sixteenth and final gate on the Pacific side of the canal as a milestone in the expansion program. The installation process began at the southern end of the Canal, which connects directly to the Pacific Ocean. The final gate is one of…
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Metal processing leaders create unique pipe processing systemDutch supplier of automated pipe cutting lines, BeWo Cutting Systems BV, has installed a pipe making system with Hebo Maschinenfabrik GmbH, one of the world leaders in metal processing, at a plant in Germany that supplies products to the agricultural sector. The German customer will use the…
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EU steel production declined slightlySteel production in the EU-28 fell slightly during March, with an annualized 0.9 percent drop, according to the latest data released by the World Steel Association. Germany recorded the highest steel output in March. The country produced 3.872 million tons during the month, down 4.4 percent from…
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Scrap steel imports in India stalled due to strict regulationsScrap metal imports have stalled after revised foreign trade policy guidelines, bringing shipments of steel scrap in containers close to zero. This could significantly reduce steel production in India this year. “Secondary steel producers will face huge challenges. This is a futile government…
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China to invest $ 820 million in aluminum alloy transportation projectJilin Liyuan Precision Manufacturing Co., one of China's largest aluminum product manufacturers, is investing 5 billion yuan ($ 820 million) to build a new aluminum alloy vehicle parts facility in Xinbei, Liaoning, local media reported. ... The project aims to annually produce aluminum alloy for…
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World stainless steel production totaled 41.7 million tonnes in 2014 - ISSFAccording to the latest statistics released by the International Stainless Steel Forum (ISSF), global stainless steel production grew 8.3 percent during 2014 compared to 2013. Total output was 41.70 million tonnes in 2014, up 3.180 million tonnes from 38.506 million tonnes in the previous year. The…
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RUSAL expects reduction of aluminum consumption in Russia in 2015The largest aluminum producer RUSAL expects aluminum consumption in Russia to fall by 5 percent this year. The company produces 7 percent of the world's aluminum, which is used in everything from beverage cans to car bodies. RUSAL successfully restructured its $ 10 billion in debt last year and now…
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Steel production and demand increased in Latin AmericaAccording to data published by the regional steel association ALACERO, steel output increased by 4 percent during the first months of 2015. In addition, steel consumption in the region increased by 8 percent. In March 2015, rolled steel production increased by 3 percent to 4.9 million tonnes. Latin…
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Severstal now has the opportunity to sell rebar in GermanySeverstal Russian Steel, one of the world's largest integrated producers of steel products, iron ore and coal, has successfully passed certification in Germany, receiving a certificate for the supply of rebar in rods with a profile diameter of 10 mm -16 mm in accordance with DIN 488. This…
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