Metallurgy news

• Iron ore surpasses the psychological level of $ 70 per ton A good start for iron ore in the second half of July and a rise above $ 70 /t is likely to fade at the end of the year as demand from the main buyer, China, slows and global mine reserves remain robust, according to experts from Sucden Financial Ltd. and Bank Julius Baer & Co. “Any significant s... 24.07.2017  09:29

• US steel production fell in June Despite a 1.7% drop in U.S. steel production in June, production rose 1.3% in the first half of 2017 after two years of decline. Higher prices are driving idle plant restarts, and Big River Steel's new plant in Arkansas continues to ramp up... 23.07.2017  11:07

• Worldsteel CEO on the outlook for global metallurgy Global steel production grew 4.5% year on year in the first six months of 2017 to 695 million tonnes. World Steel Association CEO Edwin Basson said the global steel capacity of around 2.4 billion tonnes is "already sufficient to meet supply requirements through 2035." Strong growth in steel... 23.07.2017  10:54

• Black Iron evaluates the Shimanovskoye field The Canadian iron ore exploration and development company Black Iron Inc, which is promoting its project for the production of iron ore concentrate at the Shimanovskoye deposit located in Krivoy Rog in Ukraine, intends to start a new phase after an economic assessment. A preliminary economic... 21.07.2017  13:41

• POSCO Profit Jumps 44% In Q2 At Annual Level South Korea's largest steel company, POSCO, said its operating profit for the April-June period rose 44.3 percent from the same period last year due to increased profits from steel sales. POSCO, the world's fifth-largest steelmaker, said its consolidated operating income rose to 979.1 billion... 21.07.2017  11:43

• World steel production in June increased by 3.2% World steel production for 67 countries reporting to the World Steel Association (Worldsteel) was 141.0 million tonnes in June 2017, up 3.2% from June 2016. World steel production in the first half of 2017 amounted to 836.0 million tonnes, which is 4.5% more compared to the same period in... 21.07.2017  11:18

• Swedish steel production increased in the first half of 2017 According to the latest data published by the Swedish Steel Association Jernkontoret, Swedish steel production in June this year reached 372.4 thousand tons, down 7.5% from the same period last year and 0.6% over the previous year. month. At the same time, in the first half of this year, the... 20.07.2017  12:01

• German steel industry maintains growth trend for 2017 - 2018 According to RWI, one of the economic research institutes in Germany, the situation in the metal industry in Germany has improved over the past few months. In the first half of this year, crude steel production in Germany increased by 1.7% over the same period last year. The German economy is... 20.07.2017  11:55

• MMK's crude steel production is growing MMK, a Russian steel group, reported that it increased sales and production of steel products in the second quarter and first half of 2017. In the second quarter, the company's crude steel production increased by 3.8% to 3.18 million tonnes compared to the same period last year. In the second... 20.07.2017  11:45

• Trump's policy promotes the opening of one of Alcoa's plants in the United States Alcoa has decided to partially reopen Warrick's closed aluminum smelter. After the Trump administration announced plans to cut steel and aluminum imports, especially from China, aluminum prices in the US are on the rise. Alcoa has announced plans to reopen three aluminum production lines at... 19.07.2017  11:21