Metallurgy news

• Russia invests billions in the defense industry Russia plans to invest $ 15.6 billion in expanding the domestic defense industry to ensure the production of military products using new technologies. This year, the government approved a new version of the program for the development of the defense sector and industry. The program is designed... 13.07.2016  11:04

• Kuwait gives forecast of oil prices in the IV quarter Since the summer of 2014 and at the end of 2015, the oil price has more than tripled, reaching $ 36 from $ 115 per barrel of Brent. In early 2016, it dropped below $ 30. This decline is attributed to high levels of global production and slowing demand, including due to a slowdown in economic growth... 12.07.2016  18:30

• Global Nickel Demand Forecast 2016 - 2017 Global nickel consumption is expected to experience minimal growth in 2016 and 2017 as a result of weak economic growth and a lack of tangible growth in steel production. Nickel demand will rise just 1 percent from 2015 levels to 1.91 million tonnes in 2016, while the forecast for 2017 suggests a... 12.07.2016  12:27

• Rostislav Shurma topped the all-Ukrainian rating “TOP-100. The best top managers of Ukraine " Rostislav Shurma, General Director of PJSC Zaporizhstal, topped the all-Ukrainian rating TOP-100. Best Top Managers of Ukraine ”, which was conducted by the business publication“ Delo ”. The nominees of the rating were assessed according to a unified system designed to reflect the objective marke... 12.07.2016  11:25

• JFE to supply steel for the Trans-Adriatic pipeline The Japanese company JFE has signed a contract for the supply of 78 thousand tons of steel products, including hot-rolled coils, plates and pipes. The company has become one of the major subcontractors of the Trans-Adriatic Pipeline (TAP) project, which will ensure the supply of Azerbaijani gas to... 11.07.2016  12:38

• Australia cuts forecasts for iron ore Australia, the world's largest exporter of iron ore, is forecast to supply 818 million tonnes of steelmaking ingredient this year, but warns that price recovery in 2017 will be slower than previously expected due to oversupply. Australia has signaled that the current iron ore price increases are... 11.07.2016  12:00

• Russian servicemen removed about 1,300 tons of scrap metal from the Arctic Environmental clean-up units under the Russian Defense Ministry have collected about 1,300 tons of scrap metal in the Arctic and prepared them for export to the mainland, according to Deputy Defense Minister General of the Army Mikhail Bulgakov. “We plan to remove 4,561 tons of scrap metal and r... 10.07.2016  12:30

• Mitsubishi opens new recycling center for electronic scrap in the Netherlands Japan's Mitsubishi Materials Corporation (MMC) has decided to set up a new electronics waste recycling center at the Moerdijk port in the Netherlands. The new complex will help expand the collection of e-waste from the European region. Construction of the facility has already begun and is expected... 09.07.2016  12:51

• Alumina deficit will be 4 million tons in 2016 Australia's Department of Industry, Innovation and Science projects a global alumina shortage of 4 Mt in 2016 and 2017. Global consumption in 2016 is expected to grow 3 percent year on year to 116 million tonnes, while production is also expected to rise 3 percent to remain at 112 million... 09.07.2016  12:14

• Ukraine completes construction of a railway bridge in Turkmenistan The financial and industrial group of Ukraine Altcom is at the final stage of the construction of a railway bridge across the Amu Darya River, according to the Neutral Turkmenistan newspaper. The publication calls the bridge the most grandiose engineering structure in the Lebap region of... 08.07.2016  11:19