Metallurgy news

• Eurofer happy with European Parliament vote on carbon dioxide emissions The European Parliament has rejected a reduction in the number of carbon dioxide quotas available on the market. Axel Eggert, CEO of Eurofer, said before the European Parliament vote on the rate of CO2 emissions reductions: “More than ever, we need a good business environment today and the EU ETS m... 17.02.2017  12:05

• Brazilian Vale produced a record 349 million tonnes of iron ore in 2016 Brazilian miner Vale SA reports that the company produced a record 349 million tonnes of iron ore in 2016. Successful expansion of capacity at S11D's new mine in the Amazon Basin helped to achieve this high performance. The world's largest iron ore producer says production is at the upper end of... 17.02.2017  11:34

• Trump lifts restrictions on coal production US President Donald Trump signed a bill on Thursday to lift restrictions on coal mining previously imposed by President Barack Obama. According to Trump, the cancellation allows mining companies to save more than $ 50 million a year and save thousands of jobs. This is President Obama's second... 17.02.2017  11:26

• Causes of the emergency in the energy sector of Ukraine Due to problems with the supply of coal from eastern Ukraine, the Ukrainian government has declared a state of emergency for the energy sector. The Cabinet of Ministers of Ukraine called on citizens to save energy in everyday life and at work. If this is not enough, then the government will be... 16.02.2017  11:01

• Russia can return to the construction of the South Stream? A project that seems to be dead can still return. This was announced by Igor Ilingin, Commercial Attaché of the Russian Embassy in Bulgaria. Despite the fact that this was a statement of a relatively low-ranking diplomat, his public statement caused a strong reaction. South Stream next to the ... 16.02.2017  09:51

• European Parliament rejects faster CO2 reduction MEPs rejected further cuts in CO2 permits from 2.2 percent to 2.4 percent per year. Changes to the European Union's Emissions Trading System (ETS) anticipate a 40 percent reduction in greenhouse gas emissions by 2030. The heads of state and government of the EU received general recommendations... 16.02.2017  09:32

• Zaporizhstal reduced consumption of natural gas in 2016 During 2016, the consumption of natural gas by PJSC Zaporizhstal in production activities decreased to 160 million cubic meters, which is 22 percent less than 204 million cubic meters of gas consumed in 2015. The reduction in consumption amounted to 44 million cubic meters of gas. The reduction... 15.02.2017  11:17

• MEPS expects global production below 2014 level According to analysts at MEPS International, steel production at the level of 2014 will be achieved again no earlier than the next decade. They especially focus on reducing the production of blast furnace steel. The main reason for the decline in steel production will be China's policy of... 15.02.2017  10:55

• Fuel supplies at TPPs of Ukraine have significantly decreased Coal stocks in warehouses of thermal power plants (TPPs) of Ukraine in January 2017 decreased by 5.5% and as of February 1, 2017 amounted to 1.948 million tons, according to the Ministry of Energy and Coal Industry. In particular, the reserves of long-flame coal amounted to 905.900 tons, while... 15.02.2017  10:05

• Exports of ferrous metal increased in the USA The United States Department of Commerce reported that December 2016 sales rose 8% from November to 1,217,555 tonnes. American ferrous metal was exported to many major world states. Turkey is the leader in buying ferrous metal from the United States. In December last year, Turkey imported... 15.02.2017  09:31