Metallurgy news

• Iron ore and coke in China began to rise in price, recouping a 5-day fall in prices On Thursday, Chinese iron ore futures began to rise as higher steel prices helped restore commodity prices after a five-day drop. Restrictions on steel production in northern cities in China during the winter have reduced demand for iron ore and lowered prices. Yet despite these restrictions,... 18.01.2018  10:30

• PJSC "ArcelorMittal Kryvyi Rih" launches a new complex for the transportation of iron ore In the current year, the volume of iron ore production at the mine. Artem PJSC "ArcelorMittal Kryvyi Rih" is planned to be increased to 1.013 million tons (in 2017 - 757.6 thousand tons). This will allow the enterprise to fully meet its needs in sinter ore. The growth of underground mining... 17.01.2018  13:14

• How does Trump's steel-market ploy differ from George W. Bush's 2002 trade measures? US President Donald Trump is close to deciding to manually regulate steel supplies to the US, which is reminiscent of the protectionist measures of the last Republican President George W. Bush to restrict metal imports. But any feelings of déjà vu will be misleading. as Trump's strategy to p... 17.01.2018  12:43

• PJSC "ArcelorMittal Kryvyi Rih" opens the market of the Netherlands Kryvyi Rih, January 16, 2018 PJSC ArcelorMittal Kryvyi Rih received the Kiwa certificate (Netherlands), confirming the high quality of reinforcing bars. It can now be labeled with the International Building Industry Association KOMO mark. Earlier, the company received the right to sell its... 16.01.2018  15:32

• What was the global demand for gold last year Official gold holdings with the world's central banks recorded an increase of 25%. The main buyers of the period were Russia, Turkey and Kazakhstan. Central banks around the world added 111 tons to their gold holdings in the third quarter alone. At the same time, global demand for gold jewelry... 16.01.2018  10:26

• Oil close to 2014 highs The price of WTI crude oil increases during trading on Tuesday, while Brent is moderately cheaper after a significant rise in the last session, with both marks close to their highest levels since December 2014. Brent oil futures on the London ICE Futures exchange fell 26 cents (0.37%) to $ 70 a... 16.01.2018  10:09

• The Netherlands is the largest importer of iron ore in the EU region According to Eurostat, imports of combined iron ore to the EU in the first ten months of the year amounted to 91.86 million tonnes. Imports of agglomerated ore in January-October 17 increased by 3.4% and amounted to 24.04 million tons. The top three ore importing countries were the Netherlands,... 16.01.2018  09:36

• Copper production should increase in 2018 Copper on the London stock exchange has become more than 1 percent more expensive. The weak US dollar is a strong incentive to buy commodities in this currency. Global copper production, which fell in 2017 for the first time in many years, is likely to be higher in 2018 and 2019, analyst Sanford... 15.01.2018  11:25

• Decrease in steel prices for the world's top producer Steel prices in China are quickly returning to the ground. Reinforcing bar, a reference product used in construction, sank to its lowest level since August after a five-week retreat as demand surged. The material has dropped 18% since peaking at a multi-year high in early December. At the same... 15.01.2018  10:31

• In Iran, the production of steel and iron ore is growing from year to year Companies associated with Iranian state-owned mines and the Imidro metallurgical holding company produced 27.9 million tonnes of iron ore concentrate in the first nine months of the current Iranian fiscal year, March 21 - December 21, up 17% from a year earlier. With the start of several iron... 15.01.2018  08:52