Metallurgy news

• China imposes trade sanctions against North Korea China has imposed trade sanctions against North Korea in an effort to suspend imports of gold and rare earth metals. The export of aviation fuel is also prohibited. Thus, Beijing decided to adapt to the new UN Security Council resolution, which greatly tightened sanctions against North Korea in... 07.04.2016  09:16

• The price of oil is growing World oil prices are actively growing today on the background of data provided by the American Petroleum Institute (API). These data indicate a reduction in US inventories, in addition, the release of data from the US Department of Energy is expected. As of 11:00 am Wednesday, the price of June... 06.04.2016  11:13

• The current state and trends of the foundry industry in the world The foundry production of the world has maintained an upward trend for many years. Even during the economic crisis, global production of castings increased by more than 30 percent, including castings from iron, steel and aluminum alloys. The world's leading manufacturer of castings is... 06.04.2016  10:52

• Outokumpu has developed a plan to improve profitability Full implementation of the plan assumes that the company will be the “best stainless steel producer” by 2020 in terms of efficiency and customer focus. It will take several years to achieve these goals, so the company considers it necessary to introduce urgent measures to reduce costs and increase c... 06.04.2016  10:05

• Uralvagonzavod delivered freight cars to Azerbaijan The Russian corporation Uralvagonzavod has completed the delivery of 3100 freight cars for various purposes to Azerbaijan Railways. The head of the press service of the CJSC Nadir Azmamedov said: “All the cars were delivered within 11 months. The lot of pastures consists of 400 closed, 400 f... 05.04.2016  11:19

• ArcelorMittal supplies steel for a floating wind farm in Scotland A floating wind farm is under construction off the coast of Scotland. For the production of wind turbines, the steel will be supplied by ArcelorMittal. The wind farm will be built by the Navatia-Windar joint venture owned by Statoil Hywind Scotland. Five floating wind turbines will appear deep... 05.04.2016  10:56

• EC investigates import supplies of valves from Belarus The European Commission has opened an anti-dumping case against the import of Belarusian steel bars. This is the second case when anti-dumping proceedings are conducted by the Commission on the initiative of Polish manufacturers. “The procedure is connected with a rapid increase in the import of ... 05.04.2016  10:00

• US plans to strengthen NATO's eastern flank In February 2017, the United States will begin to increase its ground forces in Europe in response to Russia's aggressive policies, according to the US Command in Europe. According to the Pentagon, from the point of view of strengthening the eastern flank of NATO against the background of Russia's... 04.04.2016  10:39

• Russia increased oil production in March Oil production in Russia reached high post-Soviet levels in March, as the success of a proposed freeze on crude oil production by OPEC members and other major producers was in doubt. Russia increased its crude oil and condensate output by 2.1 percent in March from a year earlier to 10.912... 04.04.2016  09:58

• Japan's Sumitomo Metal plans to increase copper output by 6.1 percent Sumitomo Metal Mining Co Ltd, Japan's second largest copper smelter, plans to increase copper output in fiscal 2016, which began Friday, by 6.1 percent from a year earlier, when production was hit by maintenance work. The company expects 445,200 tonnes of electrolytic copper to be produced in... 04.04.2016  09:15