Metallurgy news

• EU steel pipe production to grow 2.7 percent in 2014 - EUROFER Strong growth in demand from the construction sector, automotive, steel fabrication and oil and gas industries, according to the EUROFER report, could lead to an increase in the production of welded and seamless steel pipes, which is expected to increase by 2.7 percent in 2014 and by 3.6 percent.... 29.07.2014  11:18

• India increased steel production in the first half of 2014 Strong growth in steel production in India drove an increase in steel output during the first six months of 2014. However, the nation still remains the fourth largest steel producer in the world. India produced about 41.28 million tonnes of steel between January and June this year, an increase... 29.07.2014  10:21

• Japan in June increased steel exports to the United States by 19 percent According to the latest statistics released by the Japan Iron and Steel Federation (JISF), the country's most sought-after steel products declined during June 2014. However, US steel exports rose substantially during this period. In general, Japanese exports of metal products in June this year... 29.07.2014  09:52

• Steel production in Europe fell 4.9 percent in June this year Crude steel production across the EU-28 fell 4.92 percent during June from the previous month, according to the latest data provided by the World Steel Association. Highest yield in June was achieved by German production. Germany produced 3.577 million tonnes this month, significantly lower than... 28.07.2014  13:34

• US Metallurgists Raise Prices for Steel Wire and Rebar Major US steelmakers announced higher prices for wire rod and wire rod for August shipments amid rising costs. It is reported that the American company Keystone Steel has decided to raise prices for steel wire rod and rebar by $ 10 per ton. According to media reports in the US, the country's... 28.07.2014  13:07

• Chinese imports of ferronickel more than doubled in the first half of 2014 According to the latest statistics released by Chinese customs, the country's ferronickel imports more than doubled over the past six-month period of the year. In the first half of 2014, imports to China totaled 140,114 tons, up 104 percent from 68,656 tonnes in the corresponding half-year last... 28.07.2014  12:22

• Results of steel production in the CIS countries in June and the first half of 2014 Steel production across the Commonwealth of Independent States (CIS) declined 5.36 percent during the month of June, according to the latest data released by the World Steel Association. Total crude steel production in Belarus fell 3.15 percent in June this year to 215,000 tons from 222,000 tons... 28.07.2014  11:25

• Largest Nickel Mine Reopens After 30 Years The Fenix ​​Mine, the largest nickel mine in Central America, begins operations after years of inactivity. Fenix ​​is ​​a world-class ferro-nickel ore development project with proven huge reserves. The largest nickel mine in Guatemala has been closed for 30 years. During his recent visit to the r... 26.07.2014  13:38

• Stainless steel maker Outokumpu cuts losses in Q2 Outokumpu, the Finnish stainless steel maker, continued to improve its financial results during the second quarter and reported lower-than-forecast major losses from cost cutting, but cash flow was negative. At the same time, the company predicts small losses in the third quarter. The company... 26.07.2014  12:34

• US Imports Down 11% In June This Year - AISI According to the American Iron and Steel Institute (AISI), the United States imported a total of 3,586,000 tonnes of steel in June, down 11.1% from May. However, over the past period since the beginning of the year, imports of steel products amounted to 21,082,000 tons, which is 34 percent higher... 26.07.2014  11:38