Metallurgy news
-
London Mining Increases Production By 21 Percent In Q2London Mining, the largest iron ore miner, announced that its iron ore production in the second quarter of 2014 increased by 21 percent YoY. Recently, the company has modernized its processing plants, which has led to an increase in production. London Mining expects to supply about 4.9 - 5.4…
-
Turkish imports of steel billets up 103 percentThe country's imports of steel slabs and blooms rose 35.73 percent year on year in May 2014, according to the Turkish Statistical Institute. Imports totaled about 428,829 tons, up 103.26 percent over the previous month of this year. Ukraine became the largest exporter over the past period in 2014…
-
Japan foresees a rise in aluminum pricesJapanese metallurgists believe that the demand for aluminum from the US auto makers may increase the price. Japanese Industries reports that the price of aluminum could rise by a third to $ 2,500 per tonne if the number of automakers using the light metal grows. Ford Motor is launching a new…
-
China cancels import steel tax protection policyThe Chinese Ministry of Finance and the State Tax Administration announced their decision to remove the special tax (confidentiality) policy on certain categories of steel product imports into the country. The solution aims to increase domestic steel use and reduce dependence on imported steel. In…
-
Severstal's updated Q2 and H1 2014 production of coal and iron oreSales of iron ore pellets remained broadly flat in the second quarter, declining only 2 percent QoQ. The sales volume amounted to 2,539,568 tons. At the same time, sales of iron ore concentrate increased by 10 percent compared to seasonally weak production and sales in the first quarter. The sales…
-
WTO opposes US duties on Chinese and Indian steel productsWorld Trade Organization officials said the United States violated global trade rules by imposing import duties on Indian and Chinese steel products. The WTO Dispute Settlement Group believes that the United States "acted inconsistently" in violation of the rules set for WTO members 160. The WTO…
-
BNC Resumes Production of Nickel, Main Component of Stainless Steel, and Increases SalesBindura Corporation (BNC) announced that its production has resumed and is generating good profits from the sale of nickel. Restrictions on the export of nickel ores in Indonesia led to an improvement in world prices for nickel, the main component in the production of stainless steel. A spokesman…
-
China's Xichuan Group plans to double aluminum production capacity by 2015Chinese aluminum manufacturer Henan Xichuan Aluminum Group Co Ltd has announced plans to increase the output of aluminum foil and some other products as early as next year. As reported in http://www.dvt.ru/, based in Henan province, Xichuan Group is a leading manufacturer of aluminum sheets and…
-
Hyundai Steel and TNG sign historic agreementHyundai Steel and TNG have signed an important agreement that includes potential investment and strategic partnerships in the production of steel products and the financing of a world-class vanadium project. Hyundai Steel, Ltd, a leading Korean manufacturer based on a global steel company and part…
-
Brazilian Steel Pipe Imports Rise In June Compared To May Amid Annual FallAccording to the latest statistics released by Brazilian customs, the country's imports of welded steel pipes fell sharply during the month of June this year, compared with imports in the same month a year earlier. However, imports were up from the previous month, the data show. According to…
Pages
← previous
next →
