Metallurgy news

• Are industrial metal prices peaking? While European manufacturers were determined to maintain upward price momentum, they stalled in June. So far, according to the MEPS survey, in a number of countries, buyers have resisted attempts to reach higher basis values ​​for late deliveries in the third quarter. The price of aluminum on the... 22.06.2016  16:00

• Russia warns of the threat to Ukrainian nuclear power plants from the use of fuel from the United States Russia has warned of the possibility of accidents at nuclear power plants in Ukraine in connection with the use of fuel by the American company Westinghouse. The Ukrainian side assures that there is no danger. Westinghouse is the American division of the Japanese company Toshiba. Previously,... 22.06.2016  13:45

• World steel production remains at last year's level In May 2016, the world produced 139.154 million tonnes of steel, just 0.1 percent less than last year, according to the World Steel Association. China, which produces about half of the world's steel, increased output by 1.8 percent to 70.504 million tonnes. Among the Asian giants, an increase... 22.06.2016  11:00

• Russian sawnwood exports to China have grown significantly The latest report, issued by the International Wood Markets Group, shows significant growth in Russian sawnwood exports to China during the first four months of this year. Exports grew by more than 50% during this period compared to the corresponding four months in 2015. At the same time, exports... 21.06.2016  12:18

• NATO Secretary General for maintaining sanctions against Russia NATO Secretary General Jens Stoltenberg said the European Union should maintain sanctions against Russia in the wake of the Ukraine crisis. “In my opinion, economic sanctions against Russia should not be lifted until it changes its behavior, I believe that in this case there should be broad a... 21.06.2016  11:26

• Eurofer: Chinese acquisition of a plant in Serbia worsens the situation The European Metallurgy Association Eurofer says the acquisition of the Smederevo plant in Serbia by a Chinese state-owned company poses a threat to the competitiveness of the steel segment in Europe. The Serbian plant Zelezara Smederevo, after a long search for a new investor, was bought by... 21.06.2016  11:13

• India and China may buy shares of Rosneft Russia is considering selling its 19.5 percent stake in Rosneft to India and China. At the same time, the value of the shares will be at least $ 11 billion. Both countries, China and India, have previously shown interest in acquiring a stake in a Russian oil company, but neither side has... 20.06.2016  11:15

• Will Renewable Energy Secure the Future of UK Metals? The Dalzell and Clydebridge factories will reopen. They will produce steel for the production of wind turbine towers. Both factories were under threat of complete closure earlier this year. However, they were bought by Liberty House. At the moment, it has not yet been determined where the new... 20.06.2016  10:51

• PJSC "Zaporizhstal" allocated 2.3 million UAH. for grants to the winners of the competition "We are a city" On June 17, 2016, Zaporizhstal PJSC summed up the results of the competition for social initiatives “We are the city” - 38 winners were identified, each of whom will receive a grant for the development of social projects important for the city in the amount of up to UAH 100 thousand. The total amo... 20.06.2016  10:48

• Ukraine expects production of 2.2 million tons of steel in July Ukrainian steel production in July should remain at a high level of about 2.2 million tons, according to the country's metallurgists. Steel production increased by 14 percent in the first five months of 2016 to 10.6 million tonnes, mainly driven by increased demand from the local market and... 19.06.2016  13:00