Metallurgy news
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Rusal boosts alumina sales The world's leading aluminum producer, Rusal, has announced results for the third quarter and first 9 months. The total production of alumina for the reporting quarter amounted to 1,865 tons, while in the same period last year it amounted to 1.87 million tons. In the first 9 months of this year,...
18.11.2016 10:25
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Steel demand will increase in Russia in 2017 Steel demand in Russia is projected to resume growth in 2017. Apparent steel consumption is expected to increase by 2 percent year on year to 39.1 million tonnes, based on a modest increase in gross domestic product (GDP) next year. Steel demand in Russia has been declining for three consecutive...
18.11.2016 10:13
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US Ferrous Scrap Exports Down 5% In September Data from the US Department of Commerce for September this year show a significant decrease in the export of ferrous scrap compared to the previous month. At the same time, exports also fell by almost 5% compared to the same month a year earlier. However, cumulative exports for the first nine...
18.11.2016 10:01
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Coking coal price hits five-year high The price of coking coal and steam coal reportedly increased to $ 300 /ton, for the first time since 2011, when floods in Queensland severely curtailed Australian output. In the report, the price increase is explained by the decision of the Chinese government to restrict coal production, at...
17.11.2016 11:33
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Worldsteel presented its statistical yearbook 2016 Worldsteel has announced the publication of the Steel Statistical Yearbook 2016. World crude steel production was 1,620.408 million tonnes in 2015, while Asian crude steel production reached 1,112.872 million tonnes during the year. Crude steel production in other regions is as follows: EU-28...
17.11.2016 10:54
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China opposes EU anti-dumping practices The Chinese Ministry of Commerce recognizes the EU's decision on tariffs on seamless pipes as unfair and unjustified. The European Commission announced the introduction of new rules for calculating dumping, which will impose obligations on WTO members. Following the European Union's imposition...
17.11.2016 10:21
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Iran plans to achieve production of 55 million tons of steel by 2025 Iran, in the strategic plan for the development of the metallurgical industry, has determined that by 2025 it should have a design capacity of 55 million tons of steel. The increase in steel production capacity is associated with further industrialization and the presence of a huge market in the...
16.11.2016 10:15
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The White House will support the creation of the Southern Gas Corridor The Southern Gas Corridor is one of the priority energy projects for the EU. It provides for the transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian region to European countries through the territory of Georgia and Turkey, according to the White House. A statement on...
16.11.2016 09:58
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Dneprospetsstal summed up production results in October 2016 In October 2016, PJSC "Electrometallurgical Plant" Dneprospetsstal "named after A.N. Kuzmin ”delivered 22,821 tons of steel, which is 8.2 percent higher than the level of the previous month. During the same period, the enterprise produced 13 626 tons of rolled metal, which is 2.2 percent more than i...
15.11.2016 16:29
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EU Introduces Anti-Dumping Duties on Chinese Steel Pipes The EU has decided to impose anti-dumping duties on seamless pipes made in China of up to more than 80 percent. The EU 28 thus wants to protect itself from the influx of subsidized goods. The products that have been the subject of anti-dumping measures are used in power plants, construction...
15.11.2016 10:20
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