Metallurgy news

• Hebei surpasses targets to reduce polluting steel and coal production capacity China's largest steel region in Hebei province this year surpassed plans to cut its steel, coal and coke industries as part of efforts to reduce air pollution and overproduction, the government's press office said. Hebei, which is located near Beijing, has cut 25.55 million tons of steel... 05.11.2017  10:46

• CO2 prices to rise by 200 percent in the EU The price of the premium for CO2 emissions may rise in a few months to 10-12 euros per tonne. This is a big increase over current prices. France and Germany are pushing for higher CO2 prices in the EU. Analysts at the Brokerage House BZ WBK note that the price of CO2 emissions has increased... 04.11.2017  15:46

• PJSC "ArcelorMittal Kryvyi Rih" completes the transition to a graded wage system PJSC "ArcelorMittal Kryvyi Rih" is completing the transition to a graded wage system. In April 2017, the Commission and the Working Group began to work on the development and implementation of a multi-level salary system at the enterprise. On May 1, 2017, employees' salaries were increased.... 03.11.2017  17:00

• Spotlight: wave of industrial scandals threatens Made in Japan reputation A number of top Japanese manufacturers have been mired in recent quality scandals, damaging the "Made in Japan" reputation once revered and reflecting a lack of national oversight. Subaru Corp. is the last manufacturer to come under fire. The company said on Monday that it will have to recall... 02.11.2017  11:23

• Coal sales increase in Indonesia Coal miner Harum Energy said Tuesday that January-September sales rose 44% year-on-year to 3.6 million tonnes, while the average selling price rose 28% to $ 63.70 a tonne. The company said that steam coal production in the nine months was 3.2 million tonnes, up 57.5% from the previous... 01.11.2017  11:24

• Latin America: Steel Demand and Production Grows in January-August Latin America data for the first eight months of 2017 showed a 5% increase in consumption, while steel and finished goods production rose 8% and 3%, respectively, over the same period last year. Better global and regional economic conditions affected. However, imports increased by 14%,... 01.11.2017  11:11

• The world is running out of gold mines In recent years, there has been a significant slowdown in the number of discovered large deposits. Legendary goldfields such as South Africa's Witwatersrand Pool, Carlin Trend and Australia's Super Pit are nearing the end of their lifecycle and could well be a thing of the past. Over the medium... 01.11.2017  10:46

• Coal may become a scarce commodity The idea of ​​coal as a scarce commodity seems somewhat ridiculous, given that it remains one of the most abundant minerals on the planet, but in the coming years there may be a shortage of supplies in the maritime markets. The current debate over coal tends to be about how long it will continue ... 31.10.2017  12:29

• Forecast by the World Steel Association The forecasts made by the World Steel Association in its latest October survey reflect a relatively favorable picture for the global steel industry, and this is not just China. The outlook promises growth outside of China at 2.6% this year and rising to 3% in 2018. In contrast, China's numbers... 31.10.2017  12:11

• Barter debt repayment schemes are reviving in Ukraine Dneprovsky Metallurgical Plant (DMK, Kamenskoe), which is part of the Industrial Union of Donbass (ISD) corporation, has begun to settle accounts with the Dutch holding Metinvest B.V. (Metinvest) Ukrainian billionaires Rinat Akhmetov and Vadim Novinsky for the supplied iron ore raw materials with... 30.10.2017  21:27