Metallurgy news

• Iran drills 8 offshore oil and gas wells in 6 months The National Iranian Drilling Company (NIDC) has drilled about 3,313 meters of offshore oil and gas wells using its own drilling fleet during the first half of the current Iranian fiscal year (started March 20). The company has drilled 8 offshore oil and gas wells within six months, the SHANA... 07.11.2016  12:00

• Research: Nord Stream 2 will make Germany an energy hub According to a joint study by Ewi Energy Research and the European Center for Energy and Resource Security (EUCERS), gas supplies to the EU will soon change dramatically as European gas production declines. The study says the EU has several options for the next 20 years to diversify its gas... 07.11.2016  11:38

• South Korea will provide state support to shipbuilding The South Korean government plans to spend KRW 11 trillion ($ 9.6 billion) by 2020 to help shipyards build 250 ships. This is a reaction to a sharp decline in new orders, down 87 percent, in the first nine months of 2016, the Commerce Department said. The three largest Korean shipyards Hyundai... 06.11.2016  11:49

• Ukraine became the largest exporter of agglomerated iron ore to China From January to September 2016, China's iron ore imports increased by 9%, and amounted to 762.594 million tons in nine months. However, the total value of imports in the country fell by almost 6.3% over the year. Australia was the largest exporter of iron ore to China during this period. Imports... 06.11.2016  11:30

• Hillary Clinton received gifts from Qatar The Clinton Foundation has confirmed a $ 1 million "gift" from Qatar. The donation took place while Hillary Clinton was Foreign Secretary, according to Reuters in the English Service. Corporate gifts have always played a huge role in the world of big business, but there are more interesting ideas... 06.11.2016  11:02

• China buys German scrap recycling company Chinese companies expect significant growth in the country's scrap metal market in the coming years. One of the Chinese companies decided to buy the German company Scholz Holding in order to gain the know-how needed to operate in the scrap metal market. The Chinese Chiho-Tiande Group bought... 05.11.2016  12:18

• In November, the EU will discuss granting China the status of a market economy In the first half of November, the EU will submit a legislative proposal to grant China the status of a country with a market economy. This issue is important, in particular, in the context of the challenge in connection with the application of price dumping by China in the metallurgical... 05.11.2016  11:38

• Ukraine does not plan to produce shale gas Kiev announced that it will use hydraulic fracturing technology, but this is not for shale gas production, but to improve the efficiency of traditional fields. For Ukraine, the increase in gas production is a matter of national security. Ukrainians want to reduce their dependence on imported... 04.11.2016  13:15

• Reinforcing bars on the Shanghai Stock Exchange hit a six-month high amid strong demand Steel rebar futures on the Shanghai Stock Exchange have stabilized near their highest level since April this year, supported by robust consumer demand in China, which also keeps iron ore spot prices at six-month highs. Steel production at factories that are members of the China Metallurgical... 04.11.2016  11:07

• European manufacturers demand protection from Chinese exports Representatives of the metals industry, trade unions and the European Parliament sent a letter to Jean-Claude Juncker, President of the European Commission, on the need for legislative negotiations with China. In the letter, they expressed their satisfaction with the decision of the European... 04.11.2016  10:49