Metallurgy news
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China tries to industrialize e-waste recyclingFor two decades, computers, telephones and other electronics were brought to Guiyu. It is a city on the southeast coast of China where locals use circular saws, hammers and pliers to extract valuable components from electronics in thousands of small workshops. Historically, the disposal here is not…
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ArcelorMittal introduces a new range of steels for the automotive industrySteel giant ArcelorMittal offers a new range of steels for the automotive industry that will deliver significant weight savings while improving safety. The company's R&D team has developed a range of advanced high-strength cold forming steels that should result in a 20 percent reduction in vehicle…
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Fortesque breaks all iron ore shipment recordsFortesque, the world's fourth largest iron ore producer, has reached a new record level in the processing and production of iron ore. In August 2014, about 15.6 million tons of iron ore were shipped. Fortesque's chief executive said that the secret of the company's success lies in bringing the…
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US Steel Imports Down 8 Percent In August 2014According to the American Institute of Iron and Steel (AISI), steel imports in August this year amounted to 3,554,000 tons, down 8 percent from the previous month, when steel imports totaled 3,856,000 tons. At the same time, imports of finished steel products had a colossal increase in August…
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Japan increased stainless steel exports by 10.8 percentStainless steel exports increased significantly in July 2014, according to the latest figures released by the Japanese Ministry of Finance. Japan's total stainless steel exports this month totaled 104,687 tonnes, up 10.8 percent from the previous month, according to the largest stainless steel…
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Refined copper demand fluctuates in Chinacopper sheet, copper sheet The latest data released by the Electricity Council of China shows that investment in the country's energy sector declined slightly in the first six months of 2014. The energy sector in 2013 accounted for almost 50 percent of the demand for copper in China, where it is…
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Fire breaks out at Nagoya steel plant in JapanNippon Steel & Sumitomo Metal Corporation, formed through a merger in 2012, reported its fifth fire at its Nagoya steel plant in central Japan. The plant produces a wide range of steel products, from high quality steel sheets, ranging from bodies to containers for canned food, as well as various…
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In the wake of Putin's visit to ChelyabinskThe growth in production of the metallurgical industry in the Chelyabinsk region will be at least four percent, and this is only a lower estimate. According to more optimistic forecasts, this figure could reach sixteen percent. All this is happening against the background of a general industrial…
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Norilsk Nickel sells its last Australian asset, Lake JohnstonNorilsk Nickel, one of the largest and most significant joint stock companies in Russia for the production of metals, is about to conclude a deal to sell a subsidiary of Lake Johnston. The facility is located in western Australia and will be taken over by the Australian steel company Poseidon…
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China is fighting to reduce the tax on the sale of steel scrapThe China Scrap Metal Recycling Association (CAMU) has called on the National Development and Reform Commission (NDRC) to reduce the tax rate on the sale of scrap metal. Beijing canceled 70 17 percent VAT rebate for scrap steel recyclers in 2011 The association launched a call at the 7th China…
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