Metallurgy news

• India's steel industry is playing a critical role in transforming the country The Indian Ministry of Steel has released a draft National Steel Policy (NSP). The project is open for proposals from interested parties until January 23rd 2017. According to NSP, India was the only major economy in the world where steel demand continues to grow positively at 5.3%. Rapid growth... 16.01.2017  09:58

• Automotive industry boosts production of HSS The automotive industry is driving up demand for HSS. In 2021, the steel market is expected to exceed $ 21 billion. In 2015, the HSS market was $ 14.27 billion and is expected to reach $ 21.17 billion in 2021. The report indicates that the outlook for the HSS market between 2016 and 2021 is... 15.01.2017  13:52

• Moody's to pay millions in fine to the US authorities Rating agency Moody 's has been held responsible for the financial crisis. Standard & Poor's and Fitch are also considered guilty, but to a lesser extent. Their higher credit ratings were wrong, as it turned out later. Therefore, Moody's will now have to pay $ 864 million in fines. As you know,... 14.01.2017  13:38

• Significant growth in copper imports to China Copper on the London Metal Exchange rose 0.3 percent as China imports most of the metal. Copper for delivery within three months is sold at LME 5,860.00 US dollars per tonne. In 2016, China imported 4.95 million tons of copper, 2.9 percent more than in 2015. In December, the Chinese imported... 14.01.2017  13:06

• Skoda launches first aluminum stamping line The PXL II line was created at the Mlada Boleslav plant in a specially built building with an area of ​​11.6 thousand square meters. Investments amounted to 86.4 million euros. The opening of the line enables the company to use large components made of aluminum for the production of vehicles. From M... 14.01.2017  12:53

• China will reject substandard steel production China is going to gradually reduce the production of low-quality steel. The country hopes to rein in emerging manufacturing capacity, scrutinize new projects, push for more mergers, and tighten controls over the iron and steel sector as a whole. China launched a nationwide program to crush... 13.01.2017  10:26

• The largest redeployment of the US Army in Europe begins US President Barack Obama ordered the transfer of the armored brigade to Poland. At the same time, a battalion of US NATO forces will be deployed on the border with Kaliningrad in northeastern Poland. Last week, the unloading of equipment from an armored brigade of a US military battle group... 13.01.2017  09:58

• US accuses China of subsidizing aluminum production The US turned to the World Trade Organization (WTO) as Beijing artificially increases its global market share using cheap government loans and energy subsidies. The complaint says the actions of China's aluminum industry violate WTO rules, causing "serious harm" to other members of the... 13.01.2017  09:08

• Major iron ore importers and exporters presented the latest statistics Countries around the world released iron ore trade data for last November. Data released by Ukraine indicates that the country's iron ore exports totaled $ 186.2 million in November last year. China was the main importer of Ukrainian iron ore. The volume of imports from China reached $ 54.73... 12.01.2017  11:28

• Tata Steel announces significant growth in steel production India's largest producer, Tata Steel, announces that the company produced 3.15 million tonnes of steel in the third quarter of the 2016/17 fiscal year ended December 31, increasing its output by 24% over the same period in the 2015/16 fiscal year. In addition, pig iron production reached 3.4... 12.01.2017  10:56