Metallurgy news
-
CMC announces construction of rebar and wire plant in VirginiaThe Commercial Metals Company (CMC) has announced a plan to expand and relocate its operations to build a steel rebar plant in Fredericksburg, King George, Virginia. The $ 12 million project is partnered with the Virginia Regional Economic Development Alliance to purchase land to build a rebar…
-
Scrap metal imports to Turkey fell slightlyThe latest data released by the Turkish Statistical Institute (TUIK) reports that imports of scrap metal into the country fell 1.6 percent in the ten months of this year, compared to imports between January and October last year. Scrap metal imports by Turkey in January-October this year amounted…
-
Russia May Become Strategic Buyer of Pakistani Steel WorksThere is information that Russian companies are showing interest in buying a 26 percent state stake in Pakistan Steel Mills (PSM). It is noteworthy that it was the USSR that implemented this metallurgical megaproject in 1970, while Russia is currently showing interest in PSM. A Pakistani steel mill…
-
Copper wire manufacturers are not hoping for growth in demand in ChinaChina is the main consumer of copper and, therefore, a decrease in demand from China will affect the commodity at the global level. The decline in copper demand in China will continue to rise, analysts said, increasing the chances for further declines in the metal's price. Copper production in…
-
Vale's 2015 investment budget will be $ 10.2 billionBrazilian mining giant Vale approved a 2015 investment of $ 10.2 billion, down 30.9 percent on an annualized basis. Within this amount, $ 6.4 billion is planned to be invested in new projects, and the remaining $ 3.8 billion will go to support existing operations. Vale's 2015 operating budget will…
-
South Stream has become the biggest casualty in the confrontation between Russia and EuropeCountries in Europe are shocked and angry at Russia's decision to abandon South Stream, its $ 50 billion gas pipeline across the Black Sea to Europe, as shares in the companies involved in the project plummet and plans for future profits collapse. Bulgaria, Hungary and Serbia have said they have…
-
Japan fights to increase the quota of steel imports to ThailandThe Thai government plans to increase the quota of steel imported from Japan after strong pressure from Japan. The Japanese Chamber of Commerce in Thailand last week asked the Thai government to increase the tax-free quota for Japanese steel by another couple of million tons. Japanese steelmakers…
-
Galaxy assumes higher world prices for rare earth metalsChina's Galaxy Magnets reports that rare earth metal prices are expected to rise based on investor relations information. The company believes that the scarcity of rare earths and the consolidation of the rare earths industry in China will allow it to manage prices in the global market. Galaxy…
-
New complex of seamless pipes for OMKThe largest Russian manufacturer of pipeline fittings OMK Trubodetal has placed an order with the Italian plant DANIELI for the creation of a new integrated complex of seamless pipes 9 5/8 ". The new plant with a design capacity of 500 thousand tons per year will be built on the territory of the…
-
Clean energy will increase costs for US metallurgistsThe US Environmental Protection Agency (EPA) is proposing a new "Clean Power Plan" (CPP) for the electricity sector, in which the American Iron and Steel Institute (AISI) said the new plan could raise electricity costs for steelmakers in This, in turn, will hit the competitiveness of the country's…
Pages
← previous
next →
