Metallurgy news

• Sberbank hits record profit amid sanctions Sberbank of Russia has not been affected by the sanctions. Despite the fact that the US and the EU had blocked access to the international financial market. The bank made a record profit. In the second quarter, the largest Russian bank's net profit was the equivalent of almost two billion euros,... 27.08.2016  11:07

• Ukraine is considering the supply of oil from Iran Ukraine and Iran are currently exploring the possibility of supplying Iranian oil to meet the needs of Ukrainian refineries, as well as refineries located in Central and Eastern Europe, according to the Ministry of Energy and Coal Industry of Ukraine. However, the details related to the routes... 26.08.2016  11:59

• June DRI Global Production Results Preliminary data released by the World Steel Association indicates that global production of direct reduced iron (DRI) in July this year rose by almost 5.4% from the previous month. World DRI production during July 2016 was 4.559 million tonnes, up from 4.326 million tonnes in June this year.... 26.08.2016  10:50

• Americans started exporting gas to China The first US LNG tanker arrives at the Jantian port in southern China. Thus, the Americans are giving up the glove of the local market supplier of raw materials. Interestingly, the US LNG tanker was originally supposed to sail for South America, but changed course after the Chinese recipient... 25.08.2016  12:43

• Turkmenistan is an important partner for Ukraine An article published by the Neutral Turkmenistan newspaper cites the words of Valentin Shevalev, Ambassador Extraordinary and Plenipotentiary of Ukraine to Ashgabat, according to which Turkmenistan is one of the most important trading partners in the Central Asian region. The article specifies... 25.08.2016  12:27

• Ranking of world steel producers in July 2016 According to the latest statistics released by the World Steel Association, the global crude steel output of the 66 countries reporting to the Association totaled 133.742 million tonnes in July this year. The monthly release is down slightly from the release recorded during the same month last... 25.08.2016  12:07

• China removes anti-dumping duties on steel exports from Japan and the EU China's Ministry of Commerce said it was lifting anti-dumping duties on seamless stainless steel pipes imported from Japan and the European Union. Anti-dumping duties on imports of stainless seamless pipes from Japan and the EU have been imposed since November 9, 2012, the ministry said on its... 24.08.2016  12:58

• World Steel: June output of pig iron decreased by 2% Statistics released by the World Steel Association show that global production of blast furnace iron fell 2% in June this year. Production was 97.536 million tonnes for the month, up from 99.472 million tonnes in the previous month. The semi-annual output amounted to 572.161 million tons. It... 24.08.2016  12:40

• What is the economic reality in Ukraine and Russia? In fact, the economic situation in both countries is dramatic. Ukraine is slipping into a serious economic crisis than ever before. By 2008, it had grown to a modest GDP of $ 4,000 per capita; in 2009, the financial crisis caused a collapse to $ 2,600. By 2013, Ukraine reached its highest level of... 24.08.2016  12:08

• Ukraine: we live without Russian gas The Ukrainian authorities announced that they do not plan to buy gas from Russia this year either. "We are negotiating with 10 major gas suppliers in Europe, - said the head of Naftogaz Andriy Kobolev, - this allows us to protect Ukraine in the coming heating season." Since November, Ukraine has... 23.08.2016  14:24