Metallurgy news
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KSP Steel will supply steel for the construction of the Abu Dhabi Plaza complex in AstanaThe Kazakhstani plant will begin supplying its steel products for the construction of the Abu Dhabi Plaza shopping and entertainment complex in Astana. As a result of negotiations with the support of the National Agency for Local Development NADLoC, an agreement was concluded between KSP Steel and…
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Scrap metal prices jump in TurkeyTurkish HMS 1/2 scrap metal import prices have risen sharply after falling sharply over the past two months. According to the data, the average monthly price rose 3.6 percent over the month to $ 256.59 per tonne CFR Iskenderun Port. Turkish imports of HMS 1 and 2 are up $ 13 /t in the first week of…
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Preparations are underway for mining from asteroidsMining company Planetary Resources has launched the first of two space demonstration vehicles designed to reveal the prospects for mining valuable resources on asteroids. This was reported by NPO Electroapparat CJSC . Arkyd 3 Reflight (A3R) will spend three months in orbit, sending data to a team…
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A global e-waste program is needed - UNThe United Nations is discussing "tackling e-waste", which will reach 65.4 million tonnes globally by 2017, a third higher than in 2012. It was understood that only innovative ways of solving the E-waste processing will allow to cope with the additional load. Most recently, Ericsson (Ericsson)…
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LNG is unlikely to replace Russian gas supplies to Europe until 2020: expertsRussia will continue to provide competitive natural gas supplies to Europe until mid-2020, when it should be possible to significantly offset Russian imports from other sources, including LNG supplies, participants at the Flame conference in Amsterdam said. Last year, following an escalation in the…
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Results of production and export of steel for the 1st quarter in UkraineIron ore exports from the country totaled 11.11 million tons in the first quarter of 2015, an increase of 20.6 percent year on year, according to data released by the State Statistics Committee of Ukraine. At the same time, the value of the country's exports, generated by supplies of iron ore in…
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Germany on the brink of an energy crisisAfter years of subsidizing green energy production, Germany may be on the brink of an imminent "energy crisis", according to German Mittelstand News. A government plan to limit greenhouse gas emissions for the country's major pollutants has been leaked to the press. Consumer electricity bills have…
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Russian pig iron exports declined at the beginning of the yearAccording to government statistics, Russia's pig iron exports during the first month of the year decreased compared with the previous month and with exports for the same month a year earlier. In January, Russian exports of pig iron totaled 249,836 tons. Total exports were down 7.9 percent from the…
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Ylva's Main Blast Furnace Closure May Raise HRC Prices in EuropeWith the closure of the Ilva Group's main blast furnace, some market participants expressed the view that this could help support higher prices in Southern Europe and cause them to rise significantly in the near future. The Ilva plant in Taranto is the largest metallurgical plant in Europe…
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The seaport of St. Petersburg increased cargo turnover in the 1st quarter of 2015The port operator reports that the volume of cargo transshipment at the terminals of OJSC "Sea Port of St. Petersburg" in the 1st quarter of 2015 increased by 5 percent to 2 million tons compared to the same period in 2014. The port is part of the stevedoring division of the transport group UCL…
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