Metallurgy news
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US steel imports rise 17 percent in January - AISIAccording to preliminary data, the American Iron and Steel Institute (AISI) reported that the United States imported a total of 4,250,000 tons of steel in January 2015, including 3,429,000 tons of finished steel. This indicates an increase in steel imports by 16.8 percent and finished rolled…
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Turkish rebar exports increased slightly at the end of last yearThe latest figures released by the Turkish Statistical Institute (TUIK) show that the export of rebar products from the country increased slightly at the end of last year, trying to catch up. According to industry sources, Turkey's rebar exports to the United States improved significantly by the…
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Scrap metal trade in Ukraine decreased in January 2015According to the latest trade statistics, exports and imports of steel scrap from Ukraine fell during the month of January this year. In January 2015, the export of steel scrap from the country amounted to 40701 tons. At the same time, exports fell sharply compared to the same month a year earlier…
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Germany hits record poverty since reunificationMore than 12 million Germans are classified as poor, according to a study by the German Welfare Association, a record high since the creation of the Federal Republic in 1990. Technically speaking, this means that the gap between the rich and the poor in the country has widened significantly…
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Iran hopes to help Russia develop miningIran has said it wants Russian assistance and technical support to explore underground mineral resources. "Russia has high capabilities in geological exploration and mine exploration," said Iranian Minister of Industry, Mines and Trade Mohammad-Reza Nematzadeh. "This could be a new area for…
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World production of primary aluminum during January 2015Data released by the International Aluminum Institute (IAI) shows that the daily global primary aluminum production remains the same throughout January this year. Yield averaged 67,800 tonnes per day for the month, remaining unchanged from the previous month. However, in January 2015, the volume of…
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ArcelorMittal wants to boost investment in KrakowThe world's largest steel producer ArcelorMittal is developing an ambitious modernization plan in Poland. The company, headquartered in Luxembourg, has already invested about PLN 5 billion in the country's metallurgy. Polish Prime Minister Kopacz is currently implementing the government's plan to…
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World crude steel production fell 2.9 percent in January 2015World Steel's latest data show that global crude steel production fell 2.9 percent in January 2015 compared to the same period last year. The total steel production in January 2015 was 133 million tonnes. This result is based on data from 65 countries reporting to the World Steel Association. The…
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Steel production decreased in North America in January 2015According to the latest data released by the World Steel Association, North American steel yields declined 1.3 percent during January 2015 year-on-year. Steel production was 10 million tonnes, and in the same month in 2014 it reached 10.136 million tonnes. However, in January 2015, steel production…
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Turkish scrap steel import market is in limboWhile the trend in iron ore prices is maintained at rather low levels, uncertainty remains in the market for steel scrap of American origin, as well as from the CIS countries. The Turkish scrap steel import market has been calm lately, with several deals with suppliers from the CIS countries. It…
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