Metallurgy news
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World zinc production in 2013 amounted to about 600 thousand tonsZinc production in 2013 reached 600 thousand tons, and primary copper production - 187 thousand 738 tons. At the same time, it is expected that this year, zinc production in Australia will decline by 5 percent, which will lead to a global deficit of this metal. The third largest zinc mine in the…
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Tata Steel's fears over possible UK exit from EUThe steel firm, which employs about 1,500 people at Teesside, believes there is a danger of UK isolation if it leaves the European Union. Tata Steel warned in a survey submitted to the government that if the UK leaves the EU, it will feel weakened. In terms of revenue, about 50 percent of Tata…
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22 new blast furnaces launched in China in 2013According to statistics released by the China Iron and Steel Industry Association, a total of 27 blast furnaces went into production in China in 2013, of which 22 furnaces were recently added, and 5 furnaces were overhauled and technologically upgraded. The 22 new blast furnaces have a total volume…
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Japan expects aluminum deficitJapanese metallurgical group Sumitomo Corp predicts that after the fall in the price of aluminum, its production capacity will be sharply reduced. The aluminum industry may face a shortage of winged metal in 2015 for the first time since 2006, the corporation said. The price of aluminum on the…
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ThyssenKrupp CFO Announces Improving European Steel DemandSteel demand in Europe is gaining momentum, especially in the southern and eastern part of the EU, but prices remain low. This statement was made by the financial director of the largest metallurgical company in Germany, ThyssenKrupp. “The expansion in sales looks very good for the European market…
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The European Union does not need Ukraine either now or in the futureSpeaking on Friday at the London School of Economics, European Commission President Jose Manuel Barroso hastened to reassure residents of foggy Albion about rumors about Ukraine's possible EU membership. “We do not exclude such a possibility, but Ukraine is not ready to join the European Union. It…
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After the devaluation of the national currency by 20 percent, Kazakhstan promises to raise wages by 10 percentThe National Bank refused to further support the national currency tenge in the interbank foreign exchange market. As a result, within one day, the national currency of Kazakhstan devalued by 20 percent. President of the Republic of Kazakhstan Nursultan Nazarbayev called on industrial enterprises…
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Goodbye to the revolution. The right sector leaves GrushevskyThe leader of the radical wing of the Ukrainian opposition, Right Sector, Dmitry Yarosh, published a statement saying that the organization is ready to vacate Hrushevsky Street to restore transport links. “Today, at our request, the last hostage was released by a court decision. In this regard, the…
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Ferrous metal rolling became the basis of Ukraine's merchandise exports in 2013 - State Statistics ServiceIn 2013, Ukraine exported ferrous metallurgy products worth $ 16.909 billion, which is 6.7 percent less than in 2012. Including ferrous metals for $ 14.319 billion and products from them - for $ 2.590 billion. This is stated in the data of the State Statistics Service of Ukraine. "The basis of the…
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Mechel Announces Successful Trials of New Coal Shipping TerminalMechel OAO, one of the leading Russian companies in the mining and metallurgical industry, announces the successful tests of a new terminal for loading coal in the Primorsky Territory in the port of Posiet. This will allow the company to significantly increase its exports to the Asia-Pacific…
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