Metallurgy news

• India raises steel production in October Steel production in October 2017 rose 5.5 percent to 8.65 million tonnes, up from 8.19 million tonnes in the same month last year, according to official data. India is the third largest steel producer in the world after China and Japan. Now the country is striving to grab second... 09.11.2017  10:35

• Dneprospetsstal in October smelted 12 percent more steel than in September In October 2017, PrJSC Electrometallurgical Plant Dneprospetsstal named after A.N. Kuzmina ”smelted 22,833 tons of steel, which is 12 percent more than last month. During the same period, the enterprise produced 14,493 tons of finished rolled products, which is 4.4 percent more than in September 2... 08.11.2017  15:22

• Poland: Nord Stream 2 pipeline project will be a good test for the EU Deputy Finance Minister Matusz Morawiecki said at the Warsaw Security Forum on Wednesday: "We believe that the Nord Stream 2 gas pipeline will be geopolitical and could lead to aggravation of conflicts in the EU." Morawiecki stressed that "we want peace, but at the same time we want politics and... 08.11.2017  11:58

• Copper prices reacted to lower imports in China Copper prices fell on the London Metal Exchange following data indicating that imports of red metal to China have become weaker. Copper on the LME in 3-month shipments now costs $ 6,825.50 a tonne, up from $ 6,833.50 previously, dealers said. China imported 330 thousand tons of unprocessed... 08.11.2017  11:42

• EU achieves impressive results in climate improvement Between 1990 and 2016, the EU cut greenhouse gas emissions by 23 percent, while at the same time its economy expanded by 53 percent, according to a report released by the European Commission in conjunction with the Bonn Climate Conference. The EU is one of the largest economies with the lowest... 08.11.2017  09:51

• Dalian iron ore hits 2-week high Iron ore futures in China climbed to their strongest level in nearly two weeks on Monday, tracking higher steel prices. Expectations that demand for steel raw materials will pick up after China's steel production is curtailed in the winter have also bolstered prices. Hebei Province has cut 25.55... 07.11.2017  11:47

• Copper gains value again Copper prices on the London Metal Exchange rose 0.2 percent. Metal on the LME for 3-month shipments is worth $ 6,981.50 per tonne. As early as Monday, LME copper gained $ 75, or 1.1 percent. - up to 6,970.00 US dollars per ton. Copper rallied strongly last week when it was reported that... 07.11.2017  11:33

• Coal production decreased in Poland Coal production in Poland in September fell 9% year-on-year to 5.63 million tonnes, while sales fell 36% to 5.4 million tonnes. However, output was up 5.6% month-over-month and sales were up 0.2% month-over-month. Production from Polish mines in September was the highest since March, when... 07.11.2017  11:16

• Russia flooded the market with grains Russian grain flows around the world in a flow the world has not seen since the tsarist empire a century ago, but the country's export expansion seems to have hit the wall due to a lack of infrastructure. While Russia has increased its grain export capacity ninefold over the past 15 years, even... 06.11.2017  10:46

• Coal shortage hurts India's aluminum production The aluminum workshops of Vedanta and Hindalco are at risk of becoming unviable due to coal shortages. Coal supplies to power plants owned by two aluminum producers are low. Coal from the auctions is not delivered. With capacity contributing 40-45 percent to the cost of smelting aluminum, the... 06.11.2017  10:31