Metallurgy news

• Global copper demand to rise to 36 million tonnes in 2019 Global demand for copper, a metal that is made from refined copper, secondary raw materials and copper waste, is forecast to grow more than 4 percent annually through 2019 to 36.0 million tonnes, worth $ 261 billion. According to the latest research by the Freedonia Group, the use of copper... 07.05.2015  10:06

• Gazprombank discusses purchase of Mechel debt Gazprombank is in talks with Sberbank, Russia's largest creditor, over the acquisition of debt from the mining and metallurgical company Mechel. Sources familiar with the situation report that Mechel, controlled by businessman Igor Zyuzin, acquired most of its debt before the economic downturn... 07.05.2015  09:34

• ArcelorMittal color coated steel now comes with up to 35 years warranty ArcelorMittal offers automatic warranties of up to 35 years for its new Granite® HDX and Granite® Storm painted steel roof and façade products. As of April 1, 2015, the Granite® product range comes with a 35-year anti-corrosion coating warranty, expandable upon request. ArcelorMittal's war... 06.05.2015  11:22

• Exports of stainless steel from Japan increased According to the latest figures released by the Japanese Ministry of Finance (MOF), stainless steel exports from the country rose significantly in March this year, compared with exports in the previous month. Exports of stainless steel products to Japan during March 2015 amounted to 111,096... 06.05.2015  10:47

• For Russia, gas condensate plays a key role amid sanctions on production in the Arctic As Siberia's oil fields slowly dry up, Russia is using the by-product to keep oil production up and meet its 10 million barrels per day target. Companies including OAO Gazprom, OAO NOVATEK and OAO Rosneft are also increasing condensate yield at new Siberian gas fields, as this is a common component... 06.05.2015  10:17

• Brazil Increases Flat Products Exports By 19 Percent In April According to data released by Brazil's Ministry of Development and Trade, the country's flat steel products exports flourished during April this year. On the other hand, the export of semi-finished products in April 2015 decreased significantly. Brazil exported 131,300 tons of flat steel during... 05.05.2015  11:00

• Recycling old electronics has become a necessity The latest report from the United Nations University estimates the amount of electronics discarded by consumers in 2014 at 41.8 million tonnes, with only 6.5 million tonnes being reused. Imagine a world in which billions of dollars worth of gold, silver, platinum and other precious metals are... 05.05.2015  10:24

• Chinese steel product exports unlikely to fall in 2015 - CISA Growing demand for low-priced products supplied by Chinese steelmakers to the overseas market is likely to offset the negative impact on exports of tax cut cuts, as noted by China Iron and the Steel Association (CISA). Consequently, the country's steel exports will remain at fairly high levels in... 05.05.2015  09:12

• Russian oil and gas production remains at post-Soviet highs in April Energy Ministry data showed that oil and gas condensate production in Russia is the largest in the world, remaining at a post-Soviet record level of 10.71 billion barrels per day throughout April, boosted by the recent recovery in oil prices. World oil prices jumped 21 percent in April to over $ 66... 04.05.2015  17:47

• The Panama Canal has a final gate The Panama Canal Authority has declared the installation of the sixteenth and final gate on the Pacific side of the canal as a milestone in the expansion program. The installation process began at the southern end of the Canal, which connects directly to the Pacific Ocean. The final gate is one of... 04.05.2015  13:38