Metallurgy news

• Iron ore and coal prices to remain strong in 2018 Iron ore and coking coal prices, two key ingredients for steel production, should remain high for the remainder of the year, Macquarie Bank said in a recent report. The influential Australian bank has revised its earlier estimates for iron ore and coking coal prices by a wide margin, citing an... 04.09.2017  09:59

• What is the reason for the strong growth in steel production? The main reason for the increase is related to the rise in steel prices and the fight against inefficient and polluting manufacturing in China. According to the World Steel Association, in July this year, the world produced 143.2 million tons, an increase of 6.3 percent over a year earlier. In... 03.09.2017  13:56

• China closed more than 700 steel plants According to the CISA, China has closed 727 plants producing low-quality steel from scrap metal in China in recent months. The Chinese government in November last year, decided to exclude these businesses by the end of June. A list of companies producing steel of inferior quality or with a very... 01.09.2017  10:52

• The Ukrainian government will protect pipe manufacturers from the Eurasian Commission On August 29, the Deputy Minister of Economic Development and Trade - Trade Representative of Ukraine Natalia Nikolskaya met with representatives of the pipe industry. The parties discussed the export of Ukrainian products, including the problems of access of pipe products to foreign markets, in... 31.08.2017  12:45

• LEGO Death Star to be built in Dnipro On September 16 and 17, the iconic Star Wars objects - the Death Star, the imperial attack aircraft, the R2D2 droid and the X-WING fighter - will be recreated in Dnipro. LEGO bricks will become the material for "construction". It is planned to recreate two opposing camps from the epic movie -... 31.08.2017  12:13

• The steel-smelting unit of the open-hearth shop of Krivorozhstal was switched to direct-flow mode of operation Top managers of ArcelorMittal Kryvyi Rih PJSC informed the city community about the implementation of environmental protection measures in steel production. In particular, the heads of the Kryvyi Rih Metallurgical Combine spoke about the planned shutdown of the two-bath steel-making unit of... 31.08.2017  12:12

• Rio Tinto opens 16th mine in Pilbar Rio Tinto, the world's second largest iron ore producer, officially opened its 16th mine in the Pilbara region of Western Australia on Wednesday. The Silvergrass mine is expected to come on stream within the last quarter and is slated to develop $ 338 million to produce 10 million tonnes of... 31.08.2017  11:42

• Top DRI manufacturers in the world Data released by the World Steel Association shows that world production of direct reduced iron (DRI) in July this year increased by almost 5% over the previous month. Production was 5.114 million tons, up from 4.887 million tons in the month before. Iran continues to be the leading DRI producer... 31.08.2017  10:37

• Gerhard Schroeder to become chairman of the board of directors of Rosneft? Former German Chancellor Gerhard Schroeder, who is a candidate for the position of Rosneft, may even head the board (board of directors) of an oil company. The newspaper "Kommersant" refers to the draft directive of the Government of the Russian Federation on this issue. In the explanatory note,... 30.08.2017  12:35

• Copper in London reaches its highest rate since October 2014 Copper on the London Metal Exchange ended Tuesday's session with the highest price in almost three years, and on Wednesday the metal did not experience further appreciation. Copper on the LME hit $ 6,797.50 a tonne after the opening session on three-month contracts, and the metal is now up 0.4... 30.08.2017  12:23