Metallurgy news

• Mexico extends duties on CRC imports from Russia and Kazakhstan The Mexican Ministry of Economy announced an extension of countervailing duties applied to imports of cold rolled steel coils (CRCs) from Russia and Kazakhstan. Countervailing duties on cold rolled steel imported from Russia and Kazakhstan will remain in effect until June 30, 2020. The decision was... 02.07.2015  12:40

• Japan to invest $ 20 billion in solar energy in India India's plans to use solar energy massively have received a large amount of investment from Japan's SoftBank. Softbank Corporation believes that India can become a world leader in this area. This confidence prompted the Japanese to make an ambitious $ 20 billion contribution to India's solar energy... 02.07.2015  11:49

• SHFE approves Norilsk Nickel brands for delivery against futures The Shanghai Futures Exchange has approved the application of the Russian Norilsk Nickel to supply its nickel brands to the exchange, the SHFE announced on its website. Russian Norilsk Nickel has been authorized to supply three brands of nickel since June 29, 2015, including the Norilsk N-1... 01.07.2015  13:47

• China has reduced imports of scrap metal China's scrap metal imports fell in May this year. The import of steel scrap into the country during May 2015 amounted to 220,000 tons, which is 3.1 percent lower compared to the previous month of this year. China imported 226,900 tons of scrap in April 2015. In addition, imports of scrap metal to... 01.07.2015  12:34

• NOVELIS is committed to expanding export markets Brazilian unit NOVELIS plans to expand its presence in export markets in an attempt to offset the slowdown in domestic demand growth. At the same time, the company decided to cut costs significantly over the next three years. This is due to the fact that the Brazilian domestic market remains... 01.07.2015  11:56

• The world production of pig iron has grown Global pig iron production increased 3.4 percent in May 2015 from the previous month. According to the latest statistics released by the World Steel Association, global pig iron production increased 3.4 percent from the previous month and reached 100.532 million tonnes in May this year. World pig... 30.06.2015  13:49

• Bulgaria hopes to break Russian gas monopoly - Mitov Daniel Mitov, Bulgaria's foreign minister, pointed to the planned intersystem gas pipeline between Bulgaria and Greece as having the potential to break Russian monopoly in the region. Mitov said that the rapid implementation of the construction of the gas interconnection line, the contract for... 30.06.2015  13:07

• Mechel received a certificate for rails for the supply of Russian Railways Mechel, one of the largest mining and metallurgical companies in Russia, has certified rails up to 100 meters long. The received certificate confirms compliance with the requirements of the Technical Regulations of the Customs Union. The document enables the company to supply the Russian Railways... 30.06.2015  12:31

• Japan to stop building polluting coal-fired power plants Japan plans to ban energy companies from building inefficient coal facilities that pollute the environment. Since the Fukushima disaster in Japan, the use of this fuel has been increasing, undermining the program to reduce greenhouse gas emissions. The government has come under fierce criticism... 29.06.2015  13:33

• Saudi Arabia and Russia support each other in the fight for the global oil market In a rapidly changing geopolitical environment, Saudi Arabia and Russia are forging ahead, fostering closer relations in key sectors, including the energy sector. Recently, during a meeting in St. Petersburg, 6 major deals were signed between two of the world's leading crude oil producers. Deals... 29.06.2015  12:27