Metallurgy news

• In the United States, imports of copper semi-finished products increased while exports decreased According to the Council of Copper and Brass Refiners (CBFC), imports of rolled brass to the United States during the month of May 2014 increased from the previous year. However, exports fell during the month. The United States imported nearly 48 million pounds of rolled brass in May this year,... 12.07.2014  16:23

• Tin shipments in Indonesia remain at maximum Indonesian tin shipments in June 2014 held at a five-month high, while trade at the world's largest exporter fell as the metal must be processed to increase its value before being sent abroad. In June, total exports stood at 12,376.8 metric tons, just below the 12,778.8 tons in May, when it hit... 12.07.2014  16:16

• US steelmakers strive to get rid of Russian products in their market US steelmakers blamed Russia for flooding the domestic steel market for cheap flat products, challenging a trade agreement and reopening old disputes over Russian imports amid heightened tensions between the countries. They believe that Russian manufacturers are undercutting local prices and... 11.07.2014  12:40

• Steel shipments in the United States increased by 2 percent The latest report released by the American Institute of Iron and Steel (AISI), an association of North American steel producers, shows that US steel shipments in May 2014 increased 2 percent from the previous month. In addition, shipments in May of this year were up 4.4 percent from the figures... 11.07.2014  12:37

• China's copper imports fell 8 percent in June Copper imports across the country in the first six months of this year amounted to 2,520 thousand tons, which is 25.9 percent higher compared to exports in the first half of 2013. Until June 2014, there was a steady increase in copper imports in China. According to experts, copper is increasingly... 11.07.2014  12:03

• JSW Steel plans to significantly increase imports of iron ore due to lack of raw materials in the country JSW Steel, the largest steelmaker, imported its first shipment of iron ore from South Africa last week. Amid a shortage of iron ore in India's domestic market, the company decided to import about 6 million tonnes of iron ore from overseas markets in the current fiscal year. The company says... 11.07.2014  11:19

• A lot of gold has been accumulated in the Magadan region since the beginning of the year 250 kg of gold is the result of the miners of the Electrum Plus Sosumanskiy holding. Enterprises working on the extraction of gold ore are constantly increasing the rate of production. The artel workers of the Tenkinsky district, according to the administration of the mining enterprise, have washed... 10.07.2014  19:49

• ThyssenKrupp modernizes converter plant and waste heat boiler in Duisburg ThyssenKrupp Steel Europe considers lifting operations to be the main focus of the refurbishment of Converter # 2 and its associated waste heat boiler in the Duisburg Bruckhausen steel plant. At a height of almost 90 meters, a special crane moves the 50-ton boiler segment. The works have been... 10.07.2014  10:39

• India is going to increase gold imports in 2014 India's gold imports could rise to 200 tons in the second half of 2014 if the government cuts its import duty on gold to 6 percent from a record 10 percent of the budget, said Gems and Jewelry Trade Federation Director of India. Reducing the import duty on gold to 6 percent is reasonable and likely... 10.07.2014  09:58

• European steel scrap market report After the June meeting in Brussels, it seems that the European steel industry has finally entered the process of restructuring. The main issues are environmental issues (reducing CO2 emissions), overcapacity, competition with other materials and profitability. Because raw materials and supplies... 09.07.2014  15:12