Metallurgy news
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Steel boom in China suspended China's steel production dropped from a record high in at least six months as the tackle of environmental pollution, as outlined in President Xi Jinping's policy this week, took its toll on metallurgy. Production fell to 71.83 million tons in September from 74.59 million tons the month before,...
20.10.2017 09:35
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JSW Steel India plans European expansion India's JSW Steel Ltd is evaluating opportunities to expand its influence in Europe, including through Italian production Aferpi, JSW Chairman and Managing Director Jindal said. “This is one of the projects we are considering,” Jindal said on the sidelines of the World Steel Association's annual ...
19.10.2017 11:29
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Key findings of the Worldsteel General Assembly The World Steel Association (worldsteel) is holding its General Assembly in Brussels, an annual event attended by the leaders of the largest steel companies around the world. Member countries represent approximately 85% of global steel production, including more than 160 steel producers with nine...
19.10.2017 11:16
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2 million tons of pig iron per year for Tula steel The Russian metallurgical and mining group Industrial Metallurgical Holding is promoting the expansion of new coking coal and iron ore deposits and expanding pig iron production, assuring the market that it will continue to supply a commercial product. Tula Steel will consume pig iron as steel...
19.10.2017 10:50
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Seven people die after coal mine collapse in Turkey Seven miners have died and one remains under the rubble after part of a coal mine in Turkey's southeastern Sirnak province, bordering Iraq and Syria, collapsed on Tuesday. Eight miners were initially under the rubble, but rescue teams were able to bring seven of them to the surface. However,...
18.10.2017 11:42
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Rio Tinto Declares Force Majeure Following Fatal Accident In USA Rio Tinto, the second largest mining company, announced force majeure last Friday over the supply of refined copper from its Kennecott division in the United States following the death of a worker earlier last week. Rio Tinto Kennecott accounts for nearly 20% of total U.S. copper production and...
18.10.2017 11:23
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Iron ore price rises again The price of iron ore has taken another leap upward despite a new report from the World Steel Association that predicts a slowdown in global demand in 2018. The estimated price of ore from 62% Fe increased by 4% to $ 62.40 per ton for North China. Iron ore averaged $ 72 per ton this year, up...
18.10.2017 11:06
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After a year of growth in coal production in the United States, a decline is noted Despite all the talk of a return of coal under President Donald Trump, actual growth in U.S. production began months before the November elections and continued to rise until recently, but recent weeks have not been as good. Last year, China embarked on a production-cut approach of its own,...
17.10.2017 09:49
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Russian NLMK increased steel output by 8% in the third quarter Russia's largest steelmaker NLMK said on Monday that its output in the third quarter rose 8% year-on-year to 4.4 million tonnes. The steelmaker, controlled by Russian billionaire Vladimir Lisin, also said its sales in the third quarter rose 1% on an annualized basis and in the third quarter to...
17.10.2017 09:35
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German court: Opal is available to Gazprom A court in Düsseldorf confirmed its July decision to lift the ban on the auction for the additional capacity of the Opal gas pipeline. According to the operator, this court decision is final. This means that gas from Nord Stream will be able to flow to the south of Europe more than before. The ...
16.10.2017 14:52
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