Metallurgy news

• HRC Hot Rolled Coil Sales Slow Down In August In Southern Europe, HRC prices have risen by € 2 /t from the beginning of August to € 410 /t. However, the summer lull appears to have left European steel demand with spot HR coil prices hovering or close to 12-month lows. Hot rolled steel sales volumes slowed in the northern and central states o... 07.08.2014  15:16

• Chinese steel exports to hit new record in 2014 MEPS International experts have revised upwards the previous forecast for the volume of exports of finished steel products in 2014. They concluded that the final figure would be a new record of at least 80 million tonnes. This is the fifth consecutive year that China has seen an increase in global... 07.08.2014  14:38

• Uralvagonzavod has adjusted the operation of a new plasma cutting machine In the press shop of the head enterprise of the UVZ corporation, commissioning of a new domestic machine "Kometa", designed for plasma cutting, has been carried out. The new car was produced in Tver. The press shop is currently working on an expansion and equipment upgrade plan for approximately 2... 07.08.2014  13:25

• Chinese rebar output rose nearly 4 percent in June The latest statistics released by China's National Bureau of Statistics (NBS) indicate that rebar production in the country had a modest surge during the month of June this year, compared to the previous month. According to the NBS, China's rebar production totaled 19.04 million tonnes in June... 07.08.2014  11:55

• OMK LPK announces production results for 1H 2014 The Casting and Rolling Complex, a branch of the Open Joint Stock Company OMK Stal, based in the Nizhny Novgorod Region, increased production of hot-rolled coiled steel in the first half of 2014 by 6 percent compared to the same period last year, producing a total of 530 thousand tons of these... 06.08.2014  17:16

• Russian Consortium signs agreement with Zimbabwe on platinum mining The Russian Consortium has decided to invest about $ 1.6 billion to implement a mining project to develop one of the world's largest platinum deposits. A Memorandum of Understanding is scheduled to be signed with the Zimbabwean government in September to develop a platinum mine. Zimbabwean... 06.08.2014  14:40

• Latin American steel imports from China up 65 percent in the first half of 2014 The latest statistics released by the Latin American Steel Association (ALACERO) indicate that imports of finished steel products from China have grown significantly during the first six months of this year. At the same time, imports reached a record level in May 2014. Imports of finished steel... 06.08.2014  13:29

• Tata Steel expands its services in the UK Ian Beveridge, Tata Steel's Director of Building Structures, said that the establishment of the TEESSIDE service center is the company's main agenda in providing customers with a new level of service. He also added that the company provided an opportunity for customers to purchase products from the... 06.08.2014  11:28

• EVRAZ North America presents the new premium connection EVRlock EVRAZ North America, a subsidiary of the world's largest steel and mining company EVRAZ, announces its new brand of EVRlock connections. The company has been successfully using the QB2 connection since the late 1990s and has now expanded its product line with the EVRlock QB1-HT connection. EVRAZ... 05.08.2014  16:29

• Japan's scrap imports up 68 percent in June 2014 According to the latest statistics released by the country's finance ministry (MOF), scrap imports in Japan jumped sharply during June this year. The recovery in scrap demand in Japan boosted imports by 76.9 percent compared with imports in the same month a year earlier. The import of scrap across... 05.08.2014  14:34