Metallurgy news
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Brazilian flat steel imports hit record highBrazilian imports of flat rolled steel increased significantly during the month of May this year. According to the latest figures released by the Brazilian customs authorities, the country's imports of sheet steel rose by almost 143 percent over the previous year. Imports of cold rolled coils (CRC)…
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American exports of scrap steel increased in AprilExports of scrap metal from the United States rose significantly during April this year, according to the latest government data released. According to these data, the export of scrap of the country during the month amounted to 1.34 million tons. Exports of scrap increased by 36.7 percent compared…
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BlueOak opens high-tech e-waste recycling facilityDiscarded computer parts and other electronic devices contain tons of precious metals such as gold and silver. BlueOak, Arkansas, announced that it is about to open a first-of-its-kind e-waste recycling plant in Osceola. The company's business will focus on the extraction of precious metals from…
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Latin American imports of finished steel from China increased by 78 percentThe latest statistics released by the Latin American Steel Association (ALACERO) indicate that imports of finished steel products from China increased significantly during the month of April this year. Imports between January and April have jumped significantly this year over the previous year…
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Japan's imports of stainless CRC rose 33 percent in AprilAccording to the latest statistics released by the Japanese Ministry of Finance (MoF), imports of stainless cold rolled coils (CRC) of the country increased significantly in April 2014 compared to the previous year. Japan imported 10,214 tons of CRC stainless in April this year. Compared to the…
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Aggressive Chinese steel prices set the tone for the worldChina's lazy domestic steel market and the push for production by Chinese enterprises, which totaled 68 million tonnes in May, are setting the stage for increased exports. In January-April 2014, export shipments were already up 29 percent yoy to 25.87 million tons, according to the National…
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Russian pig iron exports have grown despite a decrease in supplies to the United States in AprilAccording to government statistics, the export of pig iron from Russia increased significantly in April 2014. Despite the fact that exports to the United States fell within a month. The export of Russian pig iron ingots amounted to 140 thousand tons in April this year. This is 31.8 percent higher…
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TMK to Build Coated Pipe Manufacturing Center in KentuckyTMK IPSCO, the American subsidiary of Russian TMK and one of the leading steel pipe producers, has announced that it will build a plant in northern Kentucky. The new plant will primarily serve the country's oil and natural gas distribution sector. The company reportedly plans to invest about $ 19.8…
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Exports of Russian steel scrap jumped 18 percentThe latest Russian trade statistics show that scrap exports in the country increased sharply over the month of April this year. According to these data, in April Russia exported 434 thousand tons of scrap. Moreover, exports during the month were 20.3 percent higher compared to the previous month…
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UAE Emirates Steel secured $ 1.3 billion loanAbu Dhabi Emirates Steel announced that it secured $ 1.3 billion in new lines of credit from nineteen local and international banks without government guarantees. The funds will be used to refinance existing debt and invest in the creation of new steel assets. Hussein Al Novays, chairman of…
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