Metallurgy news

• Scrap metal consumption is growing According to the Bureau of International Recycling (BIR), global scrap consumption in 2016 was about 560 million tonnes, up 0.9% from the previous year. At the same time, myrrh steel production increased by 0.9% to 1.63 billion tonnes in 2016, and the use of scrap metal increased to 34.36%... 29.05.2017  09:56

• Trump calls for more defense spending US President Donald Trump and German Chancellor Angela Merkel spoke during the opening ceremony for the alliance's new headquarters. Trump stressed that "over the past eight years, the US has spent more on defense than all other NATO countries combined." “If all NATO countries last year, a... 27.05.2017  10:21

• Copper expects a deficit by the end of the year The Chilean Copper Commission (Cochilco) forecast, based on the opinion of 14 experts, suggests that the international average copper price will be at $ 2.50 ~ 2.75 /lb in 2017. Among 14 experts, 11 experts predicted that the copper market will be in deficit this year at an average of 151,000... 26.05.2017  11:44

• Top 10 global steel producers According to the latest statistics released by the World Steel Association, the global crude steel output of the 67 countries reporting to the Association totaled 142.080 million tonnes in April this year. April production continued to climb 5.0% from output in the same month a year earlier. These... 26.05.2017  11:35

• Do foreign steelmakers threaten US national security? President Donald Trump, in his April speech, painted a grim picture of the U.S. steel industry. For decades, he said, American steel companies were under siege by foreign competitors, “taking advantage of loose trade laws,” flooding the United States with cheap steel, leading to layoffs of wor... 26.05.2017  11:17

• India is rapidly catching up with Japan in steel production India has ranked third in the global steel production order since 2015, surpassing the United States. During the first four months of this year, the difference in production between Japan and India narrowed to just 1.8 million tonnes. Over the same period last year, the gap was 3.64 tons, and in... 26.05.2017  10:41

• Oil prices are rising World oil prices rise on May 25 after OPEC and non-OPEC countries are close to agreeing to extend the deal. Brent crude oil futures for July rose 0.82 percent to $ 54.40 a barrel. At the same time, the price of July futures on West Texas Intermediate (WTI) rose 0.76 percent to $ 51.75 per... 25.05.2017  09:58

• New steels for construction and automobiles Modern technologies require new materials - lightweight and durable, with unique characteristics. And the steel industry has a lot to offer. They are mainly developed for the automotive industry in order to reduce CO2 emissions. Innovation in materials isn't just about composites, nano... 25.05.2017  09:36

• Japan worries about anti-dumping measures that violate WTO rules The Japanese Ministry of Economy, in its annual report on unfair trade practices, cites eight cases of anti-dumping measures by China, the United States, South Korea, India and Turkey against Japanese steel products that may be incompatible with World Trade Organization rules. In the case of... 25.05.2017  09:08

• Features of the growth of stainless steel production The latest report released by the International Stainless Steel Federation (ISSF) claims that stainless steel production recorded an average annual growth rate of 5.8% between 1950 and 2015, significantly higher than that of other metals. At the same time, there is a significant jump in the... 24.05.2017  12:55