Metallurgy news

• Italian and Russian companies signed contracts worth over 1 billion euros More than € 1 billion in contracts were signed Friday by Russian and Italian companies in the presence of President Vladimir Putin and Prime Minister Renzi. Renzi assured that the energy sector will remain a priority when it comes to areas of cooperation with Russia. Italian signatories to the a... 19.06.2016  12:46

• Norway expands arms program over Russia Due to the "unpredictability of Russia," the Norwegian government has presented a program of armament and modernization of the army, which will lead to the introduction of new combat aircraft and submarines. “This is the most serious effort since the Cold War,” announced Prime Minister Erna Sol... 19.06.2016  12:29

• Bulgaria must pay Russia 550 million euros for the cancellation of the construction of the nuclear power plant project Bulgaria will have to pay almost 550 million euros in damages to Russia due to the canceled contract for the construction of the nuclear power plant. The state-owned company Atomstroyexport was supposed to build a nuclear power plant near the border with Romania. However, Bulgaria did not find... 17.06.2016  11:33

• Kazakhstan increased gold production During the first five months of 2016, Kazakhstan received almost 27.88 tons of gold, including gold in the form of powder, rough and semi-processed gold, which is 19.9 percent more compared to January-March 2015, as evidenced by statistics. Kazakhstan. In addition, over the specified period, the... 17.06.2016  11:19

• 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