Metallurgy news

• Iran may lease pipelines to export gas to EU Iran has the ability to lease regional gas pipelines abroad so as not to build new routes for exporting gas to EU countries, said Alireza Kameli, head of the National Iranian Gas Company. Kameli noted that one of the ways to deliver gas to the EU could be the construction of LNG plants in Iran,... 15.09.2016  10:50

• ArcelorMittal supplies steel to a French shipbuilding company The global steel giant ArcelorMittal has announced that it has supplied 35,000 tonnes of steel to the French cruise shipbuilding company STX France. This steel is intended for use in the construction of bridges and the first ship of MSC Cruises. The products are manufactured in ArcelorMittal... 14.09.2016  12:57

• Humanitarian supplies of Russian wheat to Syria will negatively affect the world grain market Russia's proposal to use its wheat stocks to supply Syria as aid could reduce international demand from the Middle East, which is estimated at more than 1 million tonnes this season. This could exacerbate market glut, which has already pushed prices to near 10-year lows, as bumper crops and... 14.09.2016  12:43

• Oil falls after IEA report Oil fell on Tuesday after a series of gloomy forecasts for demand growth and stock availability. The International Energy Agency (IEA) says the sharp slowdown in global oil demand, coupled with global inventories, means the commodity market will be oversaturated for at least the first six months of... 14.09.2016  12:27

• U.S. Completes Investigation On Import Of Chinese Stainless Steel Strip And Sheet The US Department of Commerce said it tentatively concluded that imports of stainless steel sheet and strip imported from China were dumped in the US market at below fair value. The department proposes to establish preliminary anti-dumping duties in the amount of 63.86 percent and 76.64... 14.09.2016  12:09

• PJSC "Zaporizhstal" stopped sintering machine No. 6 to connect new gas cleaning equipment PJSC "Zaporizhstal" stopped sintering machine No. 6 for 45 days to connect new gas cleaning equipment. Thus, out of six sintering machines of the combine, new gas cleaning equipment has already been installed on 5 sintering machines. The plant's investments in the ecological modernization of the... 13.09.2016  16:04

• Poland wants to become one of the main gas suppliers to Ukraine The Poles are interested in the construction of a border gas hub in order to carry out supplies to Ukraine. The possibility of gas transmission can be very beneficial for this country. Ukraine has to import about half of the consumed gas volume (the rest comes from its own... 13.09.2016  14:02

• Tata Steel invests in the Netherlands According to the Dutch press, Tata Steel has invested hundreds of millions in the modernization of the Ijmeiden plants. There, among other things, a new line for the production of sheet metal for the automotive industry is to be built. Tata Steel plans to build factories that produce thinner and... 13.09.2016  13:13

• Increased steel production in China China's steel production in August 2016 rose to about 3 percent, up 2.6 percent from July, the National Bureau of Statistics said. According to experts, this is good news for iron ore and coking coal producers. Chinese metallurgical plants receive 68.57 million tons of steel in August. For eight... 13.09.2016  12:27

• Mexico extends import duties on steel plates from three countries The Mexican Ministry of Economy announced the extension of countervailing duties on imports of steel plate for Russia, Romania and Ukraine for more than five years. This period began on September 22, 2015. According to a previous resolution of the Mexican government, for imported steel from... 12.09.2016  11:15