Metallurgy news
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China's Steel Exports Set New RecordAccording to the latest data from customs statistics, steel exports from the country reached a new record level in October 2014. Based on the current results, the total volume of steel exports from China for the whole 2014 is likely to exceed 90 million tons. Steel product shipments will remain…
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Tata Steel is working on a solar power project in ScunthorpeTata Steel has decided to build a £ 25 million solar park that will provide green energy for all of Tata Steel's operations in Scunthorpe, UK. The solar power plant is currently under development. Solar project company Kinectic Solar has been allocated 190 acres of land adjacent to Raventhrope Farm…
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China and Russia signed a new gas agreementRussia and China signed a framework agreement that provides for additional supplies of 30 billion cubic meters of gas per year to China via the western Altai route. The latest agreement between Gazprom and the China National Petroleum Corporation (CNPC) was signed after a meeting between Chinese…
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Steel imports continue to grow in the EU - EUROFERThe latest customs data on imports of steel products to the EU 28 from third countries confirm the upward trend that has continued throughout 2014. Imports of finished steel increased 28 percent in Q3 2014 compared to total imports in the previous quarter and 19 percent YoY. This means that imports…
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US Steel Shipments Down 1.3 Percent In September - AISIThe latest report from the Association of North American Steel Manufacturers (AISI) shows that steel shipments were down 1.3 percent in September 2014 from the previous month. However, shipments in September this year were up 6.3 percent from the same month in the previous year. Shipments from US…
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Prospects for the development of machine building in the EUManufacturing in the EU machinery sector fell 0.4 percent YoY. The decrease in activity is a reflection of the general situation of sluggish demand for machinery and equipment, both in the EU and international markets. However, the difference in the productivity of the EU countries during the year…
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NLMK becomes the main supplier of transformer steel for AlstomThe leader of the Russian metallurgy with high added value, NLMK Group has won the status of the preferred supplier of high-grade A transformer steel for the international Alstom Group. The assignment of the highest category (category A) was carried out following the results of a production audit…
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Antamina Mine Workers Set to Strike indefinitelyA mine in one of the best copper mines in Peru is under threat of an indefinite strike as negotiations with management have led to nothing good. The miners' union leader said they had no plans to postpone the strike for further talks with management. Jorge Juarez is currently appointed as General…
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Obama will have to change the strategy of sanctions against Iran and Russia with the arrival of the new CongressOver the past year, there have been historic nuclear talks with Iran, followed by sanctions against Russia for supporting separatists in Ukraine. At the same time, the Obama administration has repeatedly asked the US Congress not to pass sanctions by law in order to be able to control the process…
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BHP Billiton Will Export US Oil Without Government PermissionThe world's largest producer BHP Billiton plans to export ultra-light oil from the United States without obtaining official approval from Washington, despite a ban on overseas sales that lasted nearly four decades. The deal, worth about $ 50 million, involves the sale of minimally processed oil…
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