Metallurgy news

• Steel consumption is growing in Iran Steel consumption in Iran has been increasing for two consecutive months and reached 3.42 million tons between March 21st and May 21st. The use of steel products increased by 22% compared to the same period last year. At the same time, Iranian crude steel production amounted to 3.53 million... 29.06.2017  12:43

• Interpipe underwent a hacker attack The Ukrainian industrial company INTERPIPE was subjected to a hacker attack carried out in Ukraine on June 27. A part of non-critical IT services suffered. Production and shipment of products is carried out in a regular mode. No equipment failures were recorded. The data on the company's servers... 29.06.2017  11:55

• Flat steel prices in Europe are going down According to MEPS International, after the decrease in pressure on steel imports from China, the activity of other Asian countries, especially India and Vietnam, as well as Turkey, is increasing. The attractiveness of imports increases as the euro strengthens against the dollar. In Germany and... 28.06.2017  11:13

• Russia may face problems due to lack of gas turbines for ships Next year, Russia may depend on external supplies of components needed to build gas turbines. Losses due to missing items can go into the millions of dollars. During the Soviet era, the production of gas turbines was concentrated on the territory of Ukraine. After the collapse of the USSR,... 28.06.2017  11:00

• Coal on the rise after significant drop in 2016 The world's largest coal consumers - China, the United States and India - boosted their coal production in 2017, sharply retreating from a record global recession last year due to the fight against polluting combustible fuels to reduce air emissions. Mining data show that production in May could... 28.06.2017  10:38

• #stayinukraine “I’m getting lost in Ukraine” - PJSC “ArcelorMittal Kryvyi Rih” announces a flash mob PJSC "ArcelorMittal Kryvyi Rih" announces the #stayinukraine flash mob "I am getting lost in Ukraine" - for those patriots of the country, city, and their company who are not ready to surrender to a foreign land and are full of strength to support Ukraine in a difficult transformational period of... 27.06.2017  13:16

• MMK increases investments in environmental projects In 2017, the Magnitogorsk Iron and Steel Works will invest 3.8 billion rubles in environmental protection. This is the highest level in recent years. The most important objects of environmental investments are the completion of the reconstruction of the sulfur trapping unit No. 2 in the sinter... 27.06.2017  12:00

• Steel prices in China have risen Steel prices in China rose on Monday, recovering some of their losses last week, as investors are betting on tighter supplies due to government cuts, offsetting concerns about slow demand and rising inventories. Recently, the government has focused on the fight against induction furnaces that... 27.06.2017  11:46

• PJSC "Dneprovsky Metallurgical Plant" held a meeting of the management with representatives of trade unions and city authorities On June 26 at 15.00 in the assembly hall of the engineering building, a joint meeting of the administration of Dnipro Metallurgical Plant PJSC and the trade union activists of the enterprise - chairmen of shop committees, trade union activists of structural divisions of both trade unions of DMK,... 26.06.2017  22:54

• Severe weather conditions in China will slow down demand for steel Unfavorable weather conditions and a severe storm in southern China are dampening demand for steel for construction purposes. Since construction work in the region has been suspended, the price of steel products may decline in the short term. Price gap holds for rebar and hot rolled steel... 26.06.2017  12:20