Metallurgy news

• NLMK updated Q2 2014 data Novolipetsk Metallurgical Plant reports that sales in the second quarter of 2014 remained at the high level of the previous quarter at 3.854 million tonnes, while production is expected to increase to 4 million tonnes in the third quarter. In the second quarter, rolled steel sales rose 11.9... 21.07.2014  13:53

• The dynamics of the global metallurgy is influenced by structural changes in China Cyrus Mistry, chairman of the Tata Steel group, says supply and demand are shifting in the global steel industry due to structural changes in China, the world's largest steel producer. At the same time, the steel sector expects a lower level of prices for raw materials. This year, China has... 21.07.2014  12:48

• Severstal OJSC Sells American Plants Russian Severstal has signed separate definitive agreements for the sale of its subsidiaries Severstal Columbus and Severstal Dearborn with Steel Dynamics, Inc and AK Steel Corporation for US $ 2,325 million. Steel Dynamics Inc buys Severstal's Columbus, Michigan mini-mill for $ 1.62 billion in... 21.07.2014  11:33

• Taiwan-based CSC leaves prices unchanged for September 2014 shipments China Steel Corp (CSC), a major Taiwanese manufacturer of carbon flat products, has announced prices for steel plates for September 2014 shipments. The company decided to leave prices for steel sheet unchanged until September due to the lack of stable demand in the existing market. At the same... 21.07.2014  10:00

• Peru will produce 4 million tons of copper by 2019 According to industry analysts, Peru is on the right track and plans to compete with Chile, the world's largest copper producer, with 5.8 million tonnes of copper per year, in the coming years. Peru is currently completing several expansion projects for existing mines and developing new... 20.07.2014  13:46

• Gold price reacts to geopolitical tensions After a Malaysian passenger plane was shot down in eastern Ukraine, gold buying panic raged in the markets. As a result, gold recorded its largest daily gain in the past month. The Israeli offensive in Gaza also provides gold with additional support. But the strengthening of the US dollar... 20.07.2014  13:43

• Recycling e-waste has become an important challenge in the fight against environmental pollution Governments around the world are encouraging the recycling of e-waste. For example, the Indian Ministry of the Environment announced the launch of a new e-waste support system by providing financial assistance to e-waste firms. According to research carried out by various agencies, e-waste has... 20.07.2014  11:56

• TMK and LUKOIL approve cooperation program TMK, one of the world's leading manufacturers of pipes for the oil and gas industry, and LUKOIL signed a cooperation program for 2014-2016. The program provides for the launch of import-substituting and new types of high-precision pipe production that will meet modern needs in the oil and gas... 18.07.2014  14:43

• German consortium signs deal for iron ore project in Pakistan The Pakistani province of Punjab and a consortium of German companies have signed an iron ore exploration project at the Chiniot-Rajwa deposit. The German consortium GEOS represented by Managing Director Jürgen Hartch and the head of mineral development Arshad Mahmud signed the project. On the ... 18.07.2014  12:25

• Evraz steel output increased by 1.1 percent in the second quarter Evraz (Evraz) reports that the pace of steel production has changed slightly compared to the previous year, but this did not prevent the increase in production compared to the previous quarter. The company said the growth was due to improved operations at its plants in South Africa and Russia.... 18.07.2014  11:36