Metallurgy news

• China's iron ore imports hit a record high during January-June 2014 The latest data released by China Customs show that the country's iron ore imports reached their highest level in the first six months of this year. Imports grew by 19.1 percent compared to imports during the corresponding six-month period in 2013. Between January and June 2014, imports of iron ore... 20.08.2014  18:18

• Russian imports of stainless steel products grew by 2.4 percent in 1H The latest data released by the Special Steels Association shows that the country's stainless steel imports increased marginally during the first half of 2014. According to the published data, Russian imports of stainless steel products amounted to 124,200 tons, which is 2.4 percent higher... 19.08.2014  14:29

• BHP Billiton divested of aluminum and nickel BHP Billiton, one of the world's largest mining giants, has issued a message indicating that its management is going to sell part of the assets. The board of directors at the next meeting this week plans to consider reducing the huge portfolio formed in 2001 as a result of the merger of the British... 19.08.2014  11:06

• TMK GIPI concludes a profitable contract for the supply of pipes The largest pipe manufacturer of the Sultanate, TMK Gulf International Pipe Industry (TMK GIPI) LLC, a division of the global pipe manufacturer TMK, won a contract for the supply of 8 "pipes with WT up to 14.4 mm, API 5L X65 Sour pipes with 3LPE coating for Abu Dhabi Carbon Capture Project is a... 18.08.2014  13:24

• Mining Companies Fight Ebola in West Africa The resource-rich countries that have been hit by the Ebola outbreak, such as Liberia, Guinea, Sierra Leone and Nigeria, are economically heavily dependent on mineral extraction. World renowned firms Rio Tinto and Vale, as well as other international companies, have been forced to act to tackle... 18.08.2014  12:07

• Oversupply of refined copper in China will increase in 2014 According to Chinese industry experts, the surplus of refined copper in the country is expected to expand further in 2014 amid weak demand from the mortgage sector and the construction industry. According to experts, August is traditionally considered a month of weak consumer demand. The... 18.08.2014  11:16

• Russian exports of stainless products fell 66 percent between January and July 2014 The latest data published by the Association of Consumers and Suppliers of Special Steels and Alloys (Spetsstal) shows that stainless steel exports from Russia fell significantly in the first seven months of this year. Russian exports of stainless steel products were reported to be 4,839 tonnes,... 18.08.2014  10:35

• Joint Stock Company Mechel received a good response from Russian Railways Open Joint Stock Company Mechel, as the largest company in the mining and metallurgical industry, announced a positive opinion issued by the agency of the Russian Railways (RZD), which has the ability to supply free wagons along the newly built railway track to the developed Elga coal... 17.08.2014  17:21

• Production of vehicles in Ukraine in July collapsed by 89% Association "Ukravtoprom" announced catastrophic performance in the automotive industry in July. This is evidenced by the fact that all enterprises in this industry produced only 555 units of equipment, cars - 343 units, trucks - 153 units, buses - 59 units, which is 89% less than a year ago. Based... 17.08.2014  13:59

• BHP Billiton separates aluminum and nickel assets into a separate entity Investors welcomed the news that mining giant BHP Billiton is setting up a separate company to include its AUD 20 billion in aluminum, bauxite and nickel assets. The world's largest miner issued a statement explaining that asset unbundling is the preferred option for the structural simplifications... 17.08.2014  13:24