Metallurgy news

• Asian steel companies expect margins to decline - Moody's Moody's recently released research paper on the Asian metals industry stated that revenues for Asian steelmakers are likely to decline due to declining production volumes and weak margins. The agency continues to maintain a negative outlook for the Asian steel industry. However, the Indian steel... 23.08.2016  13:06

• Increased global steel production World crude steel production stood at 133.742 million tonnes in July this year, an increase of 1.4 percent over the previous year. However, for seven months of 2016, Worldsteel recorded a decrease of 1.2 percent to 929.633 million tons. Output The Commonwealth of Independent States (CIS)... 23.08.2016  12:46

• Zaporizhstal conducts active environmental modernization of the sinter plant Zaporizhstal is completing work on the foundation, as a result of which more than 300 tons of metal structures have been assembled. At the moment, the installation of gas cleaning equipment for sinter machine No. 6 is underway. This is the last sintering machine of the plant, which will be equipped... 22.08.2016  11:56

• Turkey demands extradition of businessmen from Germany Turkey has demanded the extradition of 62 entrepreneurs associated with Fethullah Gulen's movement from Germany, the newspaper Haber7 reported. The businessmen, whom Ankara has urged to extradite, are accused of financing the Gulen movement. Earlier, the Istanbul court ordered the arrest of... 22.08.2016  11:42

• Russian exports of ferrosilicon in June Russian customs statistics showed that in June this year, Russian ferrosilicon exports (SI> 55%) amounted to 27,732 tons, an increase of 10.7% compared to the previous month, to 36,640 tons. During the first six months of this year, Russia exported 197.261 tons of ferrosilicon. In June this... 22.08.2016  11:07

• EU reduced imports of iron ore in the first half of 2016 In June this year, the 28 member states of the European Union imported 10.16 million tons of iron ore, down 0.8% year on year. During the first six months of this year, the total was 53.323 million tonnes, down 9.2% year on year. The European block imported over 25 million tonnes of iron ore... 22.08.2016  10:58

• Nickel and zinc have record shortages in the first half of 2016 - WBMS The latest Balance of Metals report published by the World Bureau of Metals Statistics (WBMS) indicates that the nickel market ended in deficit between January and June 2016. In addition, tin and zinc were also deficient during this period. The global nickel market ended in a shortage of 80,800... 21.08.2016  12:49

• India is interested in the development of coal and ore deposits in Russia India has expressed interest in the joint development of coal deposits and the extraction of iron ore in Russia in order to strengthen bilateral trade and economic ties. During the meeting of the India-Russia Working Group on Industrial Cooperation and Modernization, such areas of common... 19.08.2016  11:04

• Germany increases gas imports of Gazprom Germany increased gas imports from Russia by 11.7% to 2 billion cubic meters in the first half of August compared to the same period last year, Gazprom head Alexei Miller told reporters. “August is traditionally the season for pipeline repairs and a decline in gas demand. But our partners in E... 19.08.2016  10:42

• China's battle with overproduction China's goal of cutting steel production by 45 million tonnes in 2016 has been nearly half-met in the first seven months of this year, so there is still a lot of work to do. The slowdown in global economic growth and the decline in infrastructure construction led to a decline in demand for steel.... 18.08.2016  21:53