Metallurgy news

• Steel shipments in the United States increased by 2 percent The latest report released by the American Institute of Iron and Steel (AISI), an association of North American steel producers, shows that US steel shipments in May 2014 increased 2 percent from the previous month. In addition, shipments in May of this year were up 4.4 percent from the figures... 11.07.2014  12:37

• China's copper imports fell 8 percent in June Copper imports across the country in the first six months of this year amounted to 2,520 thousand tons, which is 25.9 percent higher compared to exports in the first half of 2013. Until June 2014, there was a steady increase in copper imports in China. According to experts, copper is increasingly... 11.07.2014  12:03

• JSW Steel plans to significantly increase imports of iron ore due to lack of raw materials in the country JSW Steel, the largest steelmaker, imported its first shipment of iron ore from South Africa last week. Amid a shortage of iron ore in India's domestic market, the company decided to import about 6 million tonnes of iron ore from overseas markets in the current fiscal year. The company says... 11.07.2014  11:19

• A lot of gold has been accumulated in the Magadan region since the beginning of the year 250 kg of gold is the result of the miners of the Electrum Plus Sosumanskiy holding. Enterprises working on the extraction of gold ore are constantly increasing the rate of production. The artel workers of the Tenkinsky district, according to the administration of the mining enterprise, have washed... 10.07.2014  19:49

• ThyssenKrupp modernizes converter plant and waste heat boiler in Duisburg ThyssenKrupp Steel Europe considers lifting operations to be the main focus of the refurbishment of Converter # 2 and its associated waste heat boiler in the Duisburg Bruckhausen steel plant. At a height of almost 90 meters, a special crane moves the 50-ton boiler segment. The works have been... 10.07.2014  10:39

• India is going to increase gold imports in 2014 India's gold imports could rise to 200 tons in the second half of 2014 if the government cuts its import duty on gold to 6 percent from a record 10 percent of the budget, said Gems and Jewelry Trade Federation Director of India. Reducing the import duty on gold to 6 percent is reasonable and likely... 10.07.2014  09:58

• European steel scrap market report After the June meeting in Brussels, it seems that the European steel industry has finally entered the process of restructuring. The main issues are environmental issues (reducing CO2 emissions), overcapacity, competition with other materials and profitability. Because raw materials and supplies... 09.07.2014  15:12

• Latin American imports of finished steel from China hit record high - ALACERO The latest statistics released by the Latin American Steel Association (ALACERO) indicate that imports of finished steel from China rose substantially during the month of May 2014. Imports between January and May this year jumped significantly higher than the previous year. Imports of finished... 09.07.2014  14:19

• Indonesia and Freeport Sign Copper Export Memorandum of Understanding Negotiations on the settlement of tax disputes on copper exports between Indonesia and the US miner Freeport-McMoRan Copper & Gold ended with the conclusion of mutually beneficial agreements. After the agreement was signed, the company's share price increased to a new 52-week high. Freeport... 09.07.2014  13:49

• Brazilian Iron Ore Exports In June Increase 13.2 Percent On Year According to the latest data released by the Brazilian Ministry of Development, Industry and Foreign Trade, the country's iron ore exports in June 2014 increased significantly year on year. The country exported 29.55 million tons of iron ore during the month. However, this is 3.7 percent lower... 08.07.2014  12:16