Metallurgy news

• Rio Tinto's new mine should help overtake industry leader BHP Billiton The fall in iron ore prices cannot stop Rio Tinto. The miner is making plans to develop the largest iron ore mine in Western Australia in the Pilbara area. During its operation, the company will be able to produce 70 million tons per year. This means that the new mine, to be named Pocket and... 30.07.2014  12:59

• Steel pipe production in China reaches its highest monthly level Statistics released by the National Bureau of Statistics (NBS) show that the country's seamless steel pipe production hit its highest level during 2014 in the month of June. However, production declined marginally from a record high in the previous year. The cumulative output of seamless steel... 30.07.2014  12:29

• Steel price growth is limited due to the situation in the markets of India, Russia and China The MEPS Steel Market Review shows that the Russian industry remains optimistic about the outlook for production and consumption in the third quarter of 2014. During this period, demand is expected to grow in the construction industry, mechanical engineering and other industries, but it will be... 30.07.2014  11:36

• World prices for the main types of stainless products remain unchanged The world's largest stainless steel producers decided to keep the prices of their products unchanged over the next 2 months. Domestic prices in August for various grades of stainless steel will generally remain the same. One of the main manufacturers of stainless steel products, the Chinese... 30.07.2014  11:05

• Alcoa and Phinergy launch next-generation high-performance aluminum-air batteries The Israeli company Phinergy, which focuses on energy technology, has a long-standing partnership with Alcoa, a leading manufacturer of aluminum products. Together they are developing high-performance aluminum-air batteries for use in electric vehicles (EVS). A breakthrough in the system will... 29.07.2014  12:01

• EU steel pipe production to grow 2.7 percent in 2014 - EUROFER Strong growth in demand from the construction sector, automotive, steel fabrication and oil and gas industries, according to the EUROFER report, could lead to an increase in the production of welded and seamless steel pipes, which is expected to increase by 2.7 percent in 2014 and by 3.6 percent.... 29.07.2014  11:18

• India increased steel production in the first half of 2014 Strong growth in steel production in India drove an increase in steel output during the first six months of 2014. However, the nation still remains the fourth largest steel producer in the world. India produced about 41.28 million tonnes of steel between January and June this year, an increase... 29.07.2014  10:21

• Japan in June increased steel exports to the United States by 19 percent According to the latest statistics released by the Japan Iron and Steel Federation (JISF), the country's most sought-after steel products declined during June 2014. However, US steel exports rose substantially during this period. In general, Japanese exports of metal products in June this year... 29.07.2014  09:52

• Steel production in Europe fell 4.9 percent in June this year Crude steel production across the EU-28 fell 4.92 percent during June from the previous month, according to the latest data provided by the World Steel Association. Highest yield in June was achieved by German production. Germany produced 3.577 million tonnes this month, significantly lower than... 28.07.2014  13:34

• US Metallurgists Raise Prices for Steel Wire and Rebar Major US steelmakers announced higher prices for wire rod and wire rod for August shipments amid rising costs. It is reported that the American company Keystone Steel has decided to raise prices for steel wire rod and rebar by $ 10 per ton. According to media reports in the US, the country's... 28.07.2014  13:07