Metallurgy news

• World steel production fell in March According to the latest statistics released by the Worldsteel Association, steel production in 65 countries was 138,045 thousand tons in March 2015, down 2.7 percent from 141,811 thousand tons in the same month last year. The total steel production by the EU-28 countries in March this year... 23.04.2015  09:54

• European Union dreams of breaking dependence on Russia at the expense of Iranian gas The EU hopes that in the future, gas imports from Iran will help reduce its dependence on Russia as a result of the lifting of sanctions against Tehran. The EU is betting on the so-called southern pipeline corridor to supply gas to southern Europe via Turkey from fields in Azerbaijan and... 22.04.2015  11:43

• Russian nickel will become a mark of the Shanghai Futures Exchange Russian nickel may become one of the brands supplied to the Shanghai Futures Exchange, a spokesman for the exchange said. "Russian nickel is likely to become one of the representatives after the approval of issues on standards," the official said. The Shanghai Futures Exchange now has 6 nickel... 22.04.2015  11:12

• US Steel may cut over 500 workers at Lone Star The News Journal reports that a series of new layoffs are planned in the production of welded pipe (ERW) and specialty pipe products for the energy industry at Lone Star. A US Steel spokesman has alerted 579 other workers that they may be fired from Lone Star as activity slows along with the oil... 22.04.2015  09:53

• Cancellation of South Stream Shows Need for Other Gas Supply Routes - EU Maros Sefcovic, Vice President of the European Commission, said in an interview that Russia did not discuss the decision to cancel South Stream with its partners in the European Union and announced the move to another project at a press conference. “After that, it became clear that Europe needed to ... 21.04.2015  11:33

• Prospects for global metallurgy in the coming years The World Steel Association (Worldsteel) outlined the short-term outlook for the steel industry for 2015-2016, according to which steel consumption in the world will slightly increase, by 0.5 percent in 2015 to 1,544 million tons. In addition, global steel demand expects stronger growth, up 1.4... 21.04.2015  11:09

• EVRAZ operating results for the first quarter of 2015 Throughout the first quarter, steel production remained stable with Russian metallurgical plants operating at full capacity and amounted to 3.9 million tonnes. At the same time, the production of semi-finished products for export increased by 5 percent, and the output of railway products increased... 21.04.2015  10:18

• Worldsteel demands effective water management by local organizations The World Steel Association (Worldsteel) has published a report on water management in the steel industry. The association argues that efficient water management is a top priority for the industry. Worldsteel believes that local regulators play a key role in this and must take into account the... 20.04.2015  11:35

• KSP Steel will supply steel for the construction of the Abu Dhabi Plaza complex in Astana The Kazakhstani plant will begin supplying its steel products for the construction of the Abu Dhabi Plaza shopping and entertainment complex in Astana. As a result of negotiations with the support of the National Agency for Local Development NADLoC, an agreement was concluded between KSP Steel and... 20.04.2015  10:59

• Scrap metal prices jump in Turkey Turkish HMS 1/2 scrap metal import prices have risen sharply after falling sharply over the past two months. According to the data, the average monthly price rose 3.6 percent over the month to $ 256.59 per tonne CFR Iskenderun Port. Turkish imports of HMS 1 and 2 are up $ 13 /t in the first week of... 20.04.2015  09:44