Metallurgy news
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Zaporizhstal is ready to actively promote environmental monitoring in the region At the meeting of the Zaporizhzhya Regional State Administration, the main issue was discussed - the acquisition and installation of stationary posts for monitoring environmental pollution and the acquisition of a mobile laboratory for environmental monitoring. Igor Chernyak, Director for Labor...
17.03.2017 11:47
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US miners seek help from Trump This week, miners renewed their call for the Trump administration to bolster the industry as coal exports continue to fall. Amid fears over spending cuts in the federal budget, coal companies, energy groups and labor unions sent a letter to President Donald Trump asking him to support the level...
16.03.2017 11:16
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JSW Steel Reports Significant Growth in Steel Production for February JSW Steel, one of the largest steel producers in India, increased its crude steel output by 24.9% in February 2017 compared to February last year. The company's production of flat steel products increased by 23.1% during the month compared to the corresponding period last year. The output of...
16.03.2017 10:37
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Iron Ore Price Rises Again Iron ore futures traded 5.5% higher in China, pushing aside the February 21, 2017 high. Experts see 3 reasons why iron ore prices are rising: First, investment in China's fixed assets rose in January and February, while demand for steel remains solid. Private sector investment, which accounts...
16.03.2017 10:26
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Chilean miners provide support to copper prices in London Copper on the London Metal Exchange received a higher price in response to a long strike in Chile from the Escondida copper mine. Metal on the LME for 3-month delivery traded at $ 5840.50 a tonne, after a 0.4 percent increase. Two months ago in Chile, a strike of 2,500 miners began at the...
15.03.2017 12:04
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Vale mothballs century-old nickel mine in Ontario Vale says a combination of factors led to the decision to close the Stobury mine in Sudbury, Ontario, including metal prices, mining inefficiencies, and recent seismic activity that has kept workers from sinking lower to mine. After 100 years of operation, the mine has come to the end of its...
15.03.2017 11:35
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Chinese steel exports hit three-year low in February Shipments of steel products from China in February this year fell to their lowest level in the last three years. At the same time, exports fell sharply compared to the previous month and the corresponding period last year. The country exported 5.75 million tons of steel in February, down 22.5% from...
15.03.2017 10:27
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ThyssenKrupp announces net income ThyssenKrupp Germany reportedly issued a financial report in February of the current fiscal year 2016/2017, which states that it made a profit in the first quarter (October-December 2016). ThyssenKrupp's sales and profits have been improved over the same period last fiscal year. After adjustments,...
14.03.2017 10:42
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Brazilian iron ore exports fell in February Brazilian iron ore exports totaled 25.73 million tonnes, down 14.1% from the same period last year. In February, exports of Brazilian iron ore reached $ 1.47 billion, an increase of 114.3% over the same period last year. In February, exports of semi-finished products from Brazil totaled 822,605...
14.03.2017 10:22
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EU expects further increase in steel prices Anti-dumping duties have significantly changed the delivery map in the region. EU distributors are forced to look for goods mainly from local steel producers due to the elimination of popular import routes. The market situation is self-regulating through further price increases. The main reason...
14.03.2017 10:06
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