Metallurgy news

• Swedes invest in carbon-free steel production Sweden has decided to invest SEK 6.7 million in a feasibility study for a carbon-free steel project by SSAB, LKAB and Vattenfall. This is the first of three phases of a long-term project planned for the next 20 years. By the end of 2017, a preliminary feasibility study will be developed, and the... 17.06.2016  10:58

• Daimler wants to build a car plant in Russia Daimler may start production in the Moscow region in the near future. The company has long been interested in Russia, and the negotiations are already close to completion. Mercedes' subsidiary Daimler is considering building a car manufacturing plant in Russia. Mercedes was in talks with Russian... 15.06.2016  13:43

• Japan has no plans to abandon coal in the energy sector Coal is set to overtake gas as Japan's largest electricity generator over the next three years as energy companies want to replace aging nuclear capabilities with fossil fuels. Nuclear power, which accounted for about 29 percent of Japan's total electricity production before the Fukushima... 15.06.2016  13:05

• China to produce wheels for high-speed trains Next year, the Chinese company Masteel will start mass production of wheels for high-speed trains. Currently, all wheels for such trains are imported to China. Masteel is currently testing two types of wheels, for driving at speeds up to 250 km /h and up to 350 km /h. Both types have already... 15.06.2016  12:42

• Eiffel Tower closed due to strike French unions are forcing the government to abandon the labor reform previously introduced by the cabinet. The staff of the Eiffel Tower have now joined them. The reform involves expanding the rights of enterprises to dismiss personnel in the event of economic problems. At the same time, the... 14.06.2016  13:36

• Nickel market deficit is growing Nickel demand has grown by 3.4 percent since the beginning of 2016, while production recorded a slight decline of almost 1 percent. A moderate recovery in global stainless steel production will ease pressure on nickel prices. Growth in demand for long and sheet stainless steel products, stainless... 14.06.2016  13:24

• Baosteel cuts prices for major steel products China's largest steelmaker, Baoshan Iron & Steel (Baosteel), has slashed its prices for key steel products for July delivery, the company said in a statement. Hot rolled coil and cold rolled steel prices were cut by 200 yuan ($ 30.37) and 180 yuan per tonne, respectively, according to the... 14.06.2016  13:04

• Dneprospetsstal: production results in May 2016 In May 2016, PJSC "Electrometallurgical Plant" Dneprospetsstal "named after A.N. Kuzmin ”delivered 20,891 tons of steel, which is 13.1% higher than the level of the previous month. During the same period, the Company produced 12 397 tons of rolled metal, which is 1.4% less than in April 2... 13.06.2016  15:42

• Chinese miners are interested in buying a zloty mine in Kazakhstan Three Chinese firms Zhongjin Gold Corp., Shandong Gold Mining Co. and Zijin Mining Group Co. are competing for the Glencore gold mine in Kazakhstan, which the miner put up for sale earlier this year. Glencore wants to receive about $ 2 billion for its mines at the Vasilkovskoye field. The sale will... 13.06.2016  12:11

• Ukraine expects to buy Russian gas at lower prices Kiev expects the price of Russian gas to fall below $ 177 per thousand cubic meters in the third quarter. If this does not happen, then Ukraine will continue to buy gas from the West, like many other goods that can be bought at http://tv- shopp.com.ua/novinki with delivery from China, Turkey, USA... 13.06.2016  11:47