Metallurgy news

• EU investigates growth in steel imports from Russia and Brazil The European Commission will investigate an increase in the supply of cheap hot rolled flat products and galvanized steel and alloys from Russia, Brazil and three other countries, following complaints from European competitors. Such measures should not cause significant damage to Russian... 08.07.2016  10:56

• Poland intends to build a kind of fence between Russia and NATO Poland is the only European country to significantly increase its defense budget by 2020, according to a report from auditing firm Deloitte. In addition, it was noted that the world economy is increasingly becoming dependent on the development of the military sector. In addition to combating... 08.07.2016  10:17

• Oil prices rise amid data from the US and Nigeria The American Petroleum Institute (API) announced a reduction in US oil reserves, to which world oil prices reacted during trading. The price of September futures for Brent increased by 0.47 percent and amounted to $ 49.03 per barrel. The cost of August futures for the WTI mark rose by 0.51 percent... 07.07.2016  13:25

• Copper deficit is approaching Copper producers look forward to expanding and developing new projects to meet supply shortages projected by the end of the decade. Only six major projects to build new copper mines or expand existing ones will be completed by 2020. Political controversies, technical obstacles, and lack of water... 07.07.2016  13:05

• Scientists have learned to extract uranium from sea water How much uranium is in the ocean? According to a press release from the US Department of Energy, the oceans contain more than 4 billion tons of uranium, which is “enough to meet the world's energy needs for the next 10,000 years, if only it could be possible to capture the element from seawater and ... 07.07.2016  11:41

• The plant named after the very F. I. Dzerzhinsky failed the plan for the production of pig iron by 70% The underproduction of pig iron by 70 percent of the planned figure led to the work of the further production chain of PJSC Dneprovsky Metallurgical Plant named after F.E. Dzerzhinsky "in June. This was reported by the press service of the plant on Wednesday. The converter shop worked on the... 06.07.2016  12:25

• Brexit worsened the stainless steel market situation Brexit could negatively affect stainless steel production in Europe, especially in the UK, due to the disruption of ties with producers in Asia. According to analysts, Brexit could lead to an increase in raw material costs for stainless steel producers, which will be influenced by recent moves... 06.07.2016  12:10

• The volume of steel in the car's structure will decrease Steel remains the main material for car manufacturing as it is cheaper than aluminum or composite materials. However, manufacturers must focus on weight in order to reduce the amount of steel and increase the use of aluminum and plastic in vehicle construction. The use of electric motors will... 06.07.2016  11:52

• Steel Price Rise Remains Limited - MEPS The MEPS BRIC in its Emerging Steel Markets Review noted that the average transaction price in US dollars declined for most finished steel products. However, Brazilian steel prices continued to hit in June. Buyers in dire need of the material immediately placed orders at higher factory prices.... 06.07.2016  10:51

• Sweden sells its German coal mines The Swedish government approved the state-owned enterprise plan, wanting to sell its four German coal mines and related assets to Czech investors. In accordance with the plan announced on Saturday, the operations of Vattenfall AB, which is located in the Lausitz region of East Germany, will be... 05.07.2016  13:40