Metallurgy news

• Preparations are underway for mining from asteroids Mining company Planetary Resources has launched the first of two space demonstration vehicles designed to reveal the prospects for mining valuable resources on asteroids. This was reported by NPO Electroapparat CJSC . Arkyd 3 Reflight (A3R) will spend three months in orbit, sending data to a... 19.04.2015  13:11

• A global e-waste program is needed - UN The United Nations is discussing "tackling e-waste", which will reach 65.4 million tonnes globally by 2017, a third higher than in 2012. It was understood that only innovative ways of solving the E-waste processing will allow to cope with the additional load. Most recently, Ericsson (Ericsson)... 19.04.2015  11:58

• LNG is unlikely to replace Russian gas supplies to Europe until 2020: experts Russia will continue to provide competitive natural gas supplies to Europe until mid-2020, when it should be possible to significantly offset Russian imports from other sources, including LNG supplies, participants at the Flame conference in Amsterdam said. Last year, following an escalation in... 18.04.2015  16:31

• Results of production and export of steel for the 1st quarter in Ukraine Iron ore exports from the country totaled 11.11 million tons in the first quarter of 2015, an increase of 20.6 percent year on year, according to data released by the State Statistics Committee of Ukraine. At the same time, the value of the country's exports, generated by supplies of iron ore in... 18.04.2015  11:42

• Germany on the brink of an energy crisis After years of subsidizing green energy production, Germany may be on the brink of an imminent "energy crisis", according to German Mittelstand News. A government plan to limit greenhouse gas emissions for the country's major pollutants has been leaked to the press. Consumer electricity bills... 18.04.2015  09:32

• Russian pig iron exports declined at the beginning of the year According to government statistics, Russia's pig iron exports during the first month of the year decreased compared with the previous month and with exports for the same month a year earlier. In January, Russian exports of pig iron totaled 249,836 tons. Total exports were down 7.9 percent from the... 17.04.2015  16:51

• Ylva's Main Blast Furnace Closure May Raise HRC Prices in Europe With the closure of the Ilva Group's main blast furnace, some market participants expressed the view that this could help support higher prices in Southern Europe and cause them to rise significantly in the near future. The Ilva plant in Taranto is the largest metallurgical plant in Europe,... 17.04.2015  12:09

• The seaport of St. Petersburg increased cargo turnover in the 1st quarter of 2015 The port operator reports that the volume of cargo transshipment at the terminals of OJSC "Sea Port of St. Petersburg" in the 1st quarter of 2015 increased by 5 percent to 2 million tons compared to the same period in 2014. The port is part of the stevedoring division of the transport group UCL... 17.04.2015  10:16

• European steel production is unlikely to reach 2008 level - EUROFER EUROFER's long-term forecasts do not anticipate a further recovery in market share by increasing steel production in BOF and electric arc furnaces to 2008 levels, at least in this decade. EUROFER believes that the European steel industry cannot ensure a return to pre-crisis levels of steel... 16.04.2015  11:48

• Severstal announces 1Q 2015 production results Russian steel giant PJSC Severstal announced 1Q15 operating results. The production assets remained at almost full capacity, while the mini-factories continued to further increase production. During 2015, the group increased steel output by 2 percent to 2.96 million tonnes compared to Q4 2014... 16.04.2015  11:20