Metallurgy news
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Steel price growth is limited due to the situation in the markets of India, Russia and ChinaThe MEPS Steel Market Review shows that the Russian industry remains optimistic about the outlook for production and consumption in the third quarter of 2014. During this period, demand is expected to grow in the construction industry, mechanical engineering and other industries, but it will be…
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World prices for the main types of stainless products remain unchangedThe world's largest stainless steel producers decided to keep the prices of their products unchanged over the next 2 months. Domestic prices in August for various grades of stainless steel will generally remain the same. One of the main manufacturers of stainless steel products, the Chinese company…
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Alcoa and Phinergy launch next-generation high-performance aluminum-air batteriesThe Israeli company Phinergy, which focuses on energy technology, has a long-standing partnership with Alcoa, a leading manufacturer of aluminum products. Together they are developing high-performance aluminum-air batteries for use in electric vehicles (EVS). A breakthrough in the system will…
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EU steel pipe production to grow 2.7 percent in 2014 - EUROFERStrong growth in demand from the construction sector, automotive, steel fabrication and oil and gas industries, according to the EUROFER report, could lead to an increase in the production of welded and seamless steel pipes, which is expected to increase by 2.7 percent in 2014 and by 3.6 percent…
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India increased steel production in the first half of 2014Strong growth in steel production in India drove an increase in steel output during the first six months of 2014. However, the nation still remains the fourth largest steel producer in the world. India produced about 41.28 million tonnes of steel between January and June this year, an increase of…
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Japan in June increased steel exports to the United States by 19 percentAccording to the latest statistics released by the Japan Iron and Steel Federation (JISF), the country's most sought-after steel products declined during June 2014. However, US steel exports rose substantially during this period. In general, Japanese exports of metal products in June this year…
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Steel production in Europe fell 4.9 percent in June this yearCrude steel production across the EU-28 fell 4.92 percent during June from the previous month, according to the latest data provided by the World Steel Association. Highest yield in June was achieved by German production. Germany produced 3.577 million tonnes this month, significantly lower than…
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US Metallurgists Raise Prices for Steel Wire and RebarMajor US steelmakers announced higher prices for wire rod and wire rod for August shipments amid rising costs. It is reported that the American company Keystone Steel has decided to raise prices for steel wire rod and rebar by $ 10 per ton. According to media reports in the US, the country's major…
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Chinese imports of ferronickel more than doubled in the first half of 2014According to the latest statistics released by Chinese customs, the country's ferronickel imports more than doubled over the past six-month period of the year. In the first half of 2014, imports to China totaled 140,114 tons, up 104 percent from 68,656 tonnes in the corresponding half-year last…
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Results of steel production in the CIS countries in June and the first half of 2014Steel production across the Commonwealth of Independent States (CIS) declined 5.36 percent during the month of June, according to the latest data released by the World Steel Association. Total crude steel production in Belarus fell 3.15 percent in June this year to 215,000 tons from 222,000 tons in…
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