Metallurgy news

• China's coal production drops 17% in June China produced 277.54 million tons of coal in June, down 16.6 percent from a year earlier, according to data released by the National Bureau of Statistics on Friday. During the first six months, China produced a total of 1,627.64 million tons of coal, down 9.7 percent year on year. The fall was... 16.07.2016  11:51

• Alcoa boosts profits in the automotive industry In the second quarter, Alcoa's consolidated revenue, which consists of the Alcoa and Arconic segments, was $ 5.3 billion, down 10 percent from last year. This decline is the result of lower prices for aluminum and alumina, which have not been offset by recent 4% growth. The rental segment, as a... 16.07.2016  10:53

• Ukraine plans to sell An-178 aircraft to Azerbaijan During the visit of the President of Ukraine to Azerbaijan, Petro Poroshenko, speaking in Baku with statements for the press together with the President of Azerbaijan Ilham Aliyev, said that one of the most promising projects for Ukraine is the sale of An-178 aircraft to Azerbaijan, and that the... 15.07.2016  11:44

• USDA revises its grain export forecast for Ukraine for 2016/17 The United States Department of Agriculture (USDA) predicts that Ukraine will receive a harvest of 61.225 million tonnes of grain in the current agricultural year (July 2016 to June 2017), up 2.4 percent from the previous forecast. The country should export 33.63 million tons of grain, up 3 percent... 15.07.2016  11:04

• China confirms plan to cut steel and coal production China will use every means to cut steel and coal capacity this year, despite domestic producers' reluctance to cut output amid rising prices. “As government leaders emphasize, we must fulfill the plan to reduce excess steel and coal capacity this year,” said Zhao Chenxing, a spokesman for the Nat... 15.07.2016  10:51

• Kerry met with Putin and Lavrov US Secretary of State John Kerry arrived in the Kremlin to meet with Russian President Vladimir Putin and Russian Foreign Minister Sergei Lavrov. This is Kerry's second visit to Russia since the beginning of the year and the fourth since May last year. During the talks, they discussed the... 14.07.2016  22:28

• EU must confront China's market economy status - Eurofer In connection with the Beijing summit of the European Union - China, the Eurofer association made an appeal not to grant the status of a market economy to China. The Association of Metallurgists of Europe once again warns against premature granting of the status of a market economy to China.... 14.07.2016  12:32

• A conference of refractories and metallurgists - enterprises of the Metinvest Group was held at PJSC "Zaporozhgneupor" Within the framework of the conference, new technologies were presented, developed by PJSC "Zaporozhogneupor" and aimed at improving the quality of products The conference was attended by about 50 representatives of Metinvest Group enterprises: PJSC Azovstal, MMKI, Yenakievsky Iron and Steel... 14.07.2016  09:51

• Dneprospetsstal increases steel production volumes In June 2016, PJSC "Electrometallurgical Plant" Dneprospetsstal "named after A.N. Kuzmin ”delivered 21,181 tons of steel, which is 1.4% higher than the level of the previous month. During the same period, the Company produced 12,967 tons of rolled metal, which is 4.6% more than in May 2016. The t... 13.07.2016  11:46

• Ukraine imposed retaliatory sanctions on Russian goods The Ukrainian authorities have approved measures restricting the freedom of transportation of transit goods from Russia. The decision, announced by the Prime Minister of Ukraine Volodymyr Groisman, also provides for the extension of counter-sanctions against goods produced in the territory of the... 13.07.2016  11:39