Metallurgy news
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Top ten global steel producers in March 2015According to the latest statistics released by the World Steel Association, steel output in the 65 reporting countries totaled 138.045 million tonnes in March this year. These 65 countries account for approximately 98 percent of the world's total crude steel production. List of ten world leaders in…
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ILZSG predicts nearly 4 percent growth in global zinc demand in 2015The latest press release from the International Lead and Zinc Research Group (ILZSG) highlights current trends in global supply and demand for refined zinc and sets outlook for 2015. Global production of zinc mines will see an increase of 3.7 percent to 13.84 million tonnes in 2015. The drop in…
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US steel imports rose 8.6 percent in MarchAccording to the American Iron and Steel Institute (AISI), the United States imported a total of 3.588 million tonnes of steel in March 2015, including 3.159 million finished steel, up 3.3 and 8.6 percent, respectively. compared to February. Since the beginning of the year, a total of 11.693…
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CIS steel production in March and Q1 2015Steel production in the Commonwealth of Independent States (CIS) declined 9.6 percent during March on an annualized basis, according to data released by the World Steel Association. The total volume of crude steel production in Belarus increased by 3.0 percent in March this year to 232 thousand…
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EU steel market tries to resist imports from China and RussiaCurrently, the EU steel market remains stable, but there is still a threat of imports from Russia and China, which offer steel products at competitive prices. In addition, new supplies from Turkey have appeared. The weak euro is helping to hold back potential importers, and Ilva has returned to the…
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BHP will restrain the growth of iron ore productionThe largest mining company BHP Billiton released its operational report, which includes at least one big surprise for investors: BHP will slow down its iron ore expansion program. In particular, the company announced that it is going to postpone its Inner Harbor project, which will make it…
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China to build a waste-free tire recycling facilityChina's Automobile Parts Holding has signed an agreement with Malaysian SRI Elastomers to build the world's most modern tire recycling plant. The new enterprise will be able to recycle used tires and other rubber waste largely thanks to the modern automation system by the technical process ( ACS TP…
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Posco plans to build a steel plant in IndiaSouth Korea's leading steelmaker Posco and state-owned Indian giant SAIL are in talks to create an integrated steel company. Two projects are being discussed, one of which involves the construction of a steel plant in Jharkhand, the second concerns a metallurgical plant in Odisha that has stalled…
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Asia's steel production fell 1.3 percent in MarchSteel output in Asia fell slightly, by 1.3 percent, during March 2015, compared to the same period in 2014, according to the latest data released by the World Steel Association. China's total crude steel production during March was 69.485 Mt, down 1.2 percent from 70.329 Mt in March 2014. India…
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MMK announces production results for the steel segmentIn the 1st quarter of 2015, the supply of finished products amounted to 2,844 thousand tons, which is 2.4 percent higher on a quarterly basis. This growth was driven by an increase in sales of long products, hot rolled steel, plate and color coated steel. Despite the winter period, which is usually…
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