Metallurgy news

• Iron ore imports to China rise 8 percent in February In February 2016, China's imports of iron ore rose 8.3 percent to 73.61 million tons from a year earlier, according to customs data. During this period, major miners increased shipments of iron ore to gain a larger market share for the world's largest consumer of this raw material. Imports also... 10.03.2016  11:22

• Ukraine plans to participate in the modernization of Iran's energy Iran and Ukraine have reached an agreement on the participation of Ukrainian companies in the modernization of the Iranian energy infrastructure, according to the Ministry of Energy and Coal Industry of Ukraine. The report says that Ukraine and Iran have agreed to start work on projects under... 09.03.2016  10:27

• Rebar prices continue to rise supported by scrap and billet prices Turkish companies offer rebar at a price with a further increase amid increased demand. The offer price is in the range of $ 360-370 per tonne EXW. Recent increases in scrap and billet prices have also contributed to higher prices in the domestic rebar market. Accordingly, export prices for... 09.03.2016  10:27

• ArcelorMittal Announces Sale of Several US Steel Smelting Facilities ArcelorMittal has decided to sell three of its US steel plants. The company noted that it is in talks to sell some long products. The company intends to sell LaPlace, Steelton and Vinton properties. In addition, the company also decided to permanently close the Luxembourg Schifflange plant. The... 09.03.2016  09:24

• Gold prices rose 20 percent in 2016 Gold trades just below $ 1,270 an ounce on Monday in London, expanding last week's gains and pushing the yellow metal 20 percent above its level since early 2016, while in the Eurozone, stock markets await the next negative interest rate decision by the European Central Bank. at the end of this... 08.03.2016  15:11

• Oil price is rising World oil prices continued to rise on Monday amid reports of a reduction in the number of rigs in the US, which positively affects the overcrowded energy market. As of Monday, the price of May futures for Brent crude oil increased by 0.76 percent to $ 39.48 per barrel, while the cost of April... 07.03.2016  12:00

• Central banks turned their backs on the dollar Since the financial crisis in 2008, the world's major central banks are increasingly buying physical gold and storing it in their vaults. This represents the longest global gold buying cycle since the Vietnam War began in 1965. At the same time, world gold reserves of central banks were in decline... 07.03.2016  11:49

• Armistice is observed in Syria On the territory of Syria, in general, the ceasefire regime is observed, but there are occasional shelling, according to the official spokesman for the Russian Ministry of Defense, Major General Igor Konashenkov. “In general, the cessation of hostilities is observed in the territory of the S... 07.03.2016  11:08

• In 2016, wheat production in Ukraine may decrease by 28 percent In the current season, wheat is likely to maintain its leading position in the Ukrainian grain market in terms of production and export volumes. According to APK-Inform analysts, the export potential of wheat in 2015/16 is 14.1 million tons. Active export of wheat strengthened Ukraine's position in... 06.03.2016  12:50

• Turkey's terms on the refugee deal Turkey has formulated its conditions for concluding a deal with the EU: Ankara wants, as soon as possible, a visa-free regime to the Schengen zone for Turks; receiving three billion euros; Turkey also wants EU support for territorial expansion in Syrian territory. Expansion: Turkish President... 06.03.2016  12:18