Metallurgy news
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2014 crude steel production resultsWorld crude steel production in 2014 from the 65 countries reporting to Worldsteel reached 1.625 billion tonnes, up 2.7 percent year on year from 15.82 billion tonnes in 2013. Estimates for 2014 are preliminary, as they were based on the assumption that the level of steel production in December…
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Nickel prices may rise in 2015The change in the supply of nickel in 2014 led to high volatility in its price, which, according to analysts, will continue in 2015. The main factors for the formation of prices for base metals this year will be expectations of an increase in interest rates by the US Federal Reserve and fears about…
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EU fights steel imports from China and TaiwanThe European Union has ordered customs officials to register stainless steel imports from China and Taiwan that pose a threat to the domestic market. The investigation is carried out in two phases, in which, as a first step, it is planned to find out whether Chinese and Taiwanese manufacturers of…
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Aluminum production capacity in China to increase by 7 percent in 2015China will increase the operability of its aluminum smelting capacity by 7 percent and reach production of 31 million tonnes in 2015, up from 29 million tonnes in 2014, according to the Henan Non-Ferrous Metals Industry Association. The report says that in 2015, the working capacity of aluminum…
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Brazil breaks records for the supply of iron oreIron ore shipments from Brazil rose about 31 percent in the last week to 8.33 million tonnes, according to data released by the Standard Bank. Standard Bank strategist Mellinda Moore said the bank believes Vale is seeking to increase shipments of stockpiled material ahead of the expected rainy…
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Top 10 steel producing countriesAccording to the latest statistics released by the World Steel Association, global steel production in 65 countries reporting to the Association stood at 130.525 million tonnes in November 2014. These 65 countries account for approximately 98 per cent of the world's total crude steel production…
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World stainless steel production up 8.9 percentAccording to the latest statistics released by the International Stainless Steel Forum (ISSF), global stainless steel production grew 8.9 percent during the nine-month period in 2014, compared to 2013. The total volume was 30.90 million tons for the period, up 8.9 percent compared to the output of…
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In the US may experience a shortage of fittings amid rising demand in 2015The Reinforcing Steel Institute (CrSi) predicts that the country's rebar consumption should reach 8.7 million tonnes in 2015, an increase of 8 percent over 2014. In addition, there is a possibility that supply will not be able to keep pace with the growth in demand. According to Bob Risser…
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Japan plans to increase its purchase of aluminum in the 1st quarter of 2015It is reported that during the first three months of 2015, the price of aluminum on the London Metal Exchange will rise starting in January, but it seems that Japanese buyers are not embarrassed and they want to increase volumes, although this news is classified as confidential and the source…
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CIS steel production continues to fallSteel output in the Commonwealth of Independent States (CIS) declined 3.9 percent during November compared to last year, due to a sharp drop in steel production in Ukraine, according to the latest data released by the World Steel Association. Total crude steel production in Belarus increased by…
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