Metallurgy news

• 18 oil-producing countries meet in Doha Representatives of 18 oil-producing countries are taking part in a meeting in Doha with the aim of concluding an agreement between them to freeze production levels. Russia, Saudi Arabia, Qatar and Venezuela on February 16 at a meeting in Doha to support world oil prices agreed to maintain... 17.04.2016  12:37

• Improvement in the steel market is possible only in 2017 According to the World Steel Association this year, global steel demand will fall 0.8 percent. A slight increase of 0.4 percent can be achieved next year. The global market will be strongly influenced by a sustained slowdown in the growth of the Chinese economy, which may affect not only the... 17.04.2016  12:26

• German company will supply pipes for the construction of the offshore section of the TAP gas pipeline The contract for the supply of 110 kilometers of 36-inch pipes for the construction of the Trans-Adriatic Pipeline (TAP) along the bottom of the Adriatic Sea from the coast of Albania to the southern coast of Italy was signed with the German company Salzgitter Mannesmann International GmbH. The... 16.04.2016  12:07

• Production results of Dneprospetsstal in March and the first quarter of 2016 The Dneprospetsstal electrometallurgical plant produced 20,152 tons of steel in March 2016, which is 23.1 percent more than in the previous month. During March, the plant produced 11,783 tons of rolled metal, which is 11.0 percent more than in February 2016. The total cost of commercial products... 15.04.2016  10:34

• Steel production of Russian Severstal increased in Q1 PAO Severstal announced its results for the first quarter of 2016, which show an increase in steel production by 6 percent qoq to 2.91 million tonnes. Steel sales fell 6 percent quarter-on-quarter to 2.46 million tonnes due to seasonal factors and the modernization of the CherMK plant, which... 15.04.2016  10:17

• Tests of a new Ebola vaccine to be conducted at the RUSAL medical center in Guinea UC RUSAL, a major global aluminum producer, became one of the organizers of the round table “Russian vaccine against Ebola: first lessons and a look into the future”. RUSAL has been operating in Guinea for over a decade and has become the country's largest foreign employer, and also opened a hos... 15.04.2016  09:43

• US to allocate $ 50 million to Ukraine During the meeting, Deputy Minister of Internal Affairs of Ukraine Serhiy Yarovoy and Assistant Secretary of Defense of the United States Michael Carpenter made a statement that the United States was going to allocate about $ 50 million to support the National Guard and the State Border Service of... 14.04.2016  10:56

• The European Union plans to discuss the possibility of importing gas from Iran to the EU The European Commission, led by Federica Mogherini, will visit Iran on April 16 to discuss “potential interaction and cooperation, which includes energy, economic relations, transport, environment, migration, humanitarian aid, drugs, civil defense, science and cooperation in the field of peaceful n... 14.04.2016  10:34

• Copper prices rise significantly on the back of stronger imports in China Copper prices on the London Metal Exchange are rising strongly in response to the surge in metal imports from China. Copper on the LME is valued at $ 4,850.00 per tonne, after rising 1.8 percent. In March, China's copper imports rose 36 percent to a record 570,000 tons, according to data... 14.04.2016  10:17

• Electricity is more expensive for Polish metallurgists than in Germany and France Energy-intensive companies in Germany and France pay much less for electricity than their counterparts in Poland. This is the conclusion made by Polish experts, comparing the components of the cost of electricity resource-intensive enterprises in Poland, Germany and France. In France,... 13.04.2016  10:35