Metallurgy news
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Steel smelting in India to double by 2031 Smelters in India are focused on more metal and fast growth over the next decade. According to the Steel Association in India, steel output will more than double to meet the needs of the growing economy and rapid urbanization of the country. Production is set to grow 10 to 12 percent annually,...
19.04.2017 22:28
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Metal cocktail Audi A8 The body of the next generation Audi Space Frame (ASF) A8 is a multi-piece structure using aluminum, steel, magnesium and carbon fiber. This combination of materials also requires different joining methods. The A8 uses 14 of them, from welding to bonding to sheet metal. Hot rolled steel parts...
19.04.2017 12:20
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China is considering building a nuclear aircraft carrier "China owns one aircraft carrier (Liaoning), and will soon receive a second, and is also considering the possibility of building a nuclear aircraft carrier," the official newspaper People's Daily quoted a Chinese military expert as saying on Friday. "For the construction of the third aircraft...
18.04.2017 10:39
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Merger of Tata Steel and ThyssenKrupp in jeopardy Negotiations between Tata Steel and Germany's ThyssenKrupp to merge their European steel operations have been ongoing for several months, but significant obstacles remain. Germany's largest union, IG Metall, confirmed this week that it foresees "high risk" amid fears that the merger will result...
18.04.2017 10:22
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Beijing warns domestic metallurgists of "attacks" on overproduction China's steel mills need to prepare for even tougher government overproduction measures this year to make "fundamental" progress in sector reform. “Although the capacity reduction targets were met last year, the problem of overcapacity in China's iron and steel sector has not fundamentally been i...
18.04.2017 10:02
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Exports of Russian gas are growing In the period from early January to April 15, 2017, Russian gas exports amounted to 58.5 billion m3, which is 14.7 percent higher than in the same period last year. A number of EU countries saw a significant increase in gas demand compared to last year. Gas sales are expected to increase by...
18.04.2017 09:33
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Coking coal price jumps to six-year high The price of coking coal rose again on Thursday by 4.6% to $ 314.00 per tonne due to constant supply disruptions due to a tropical storm in Australia. This is the highest coking coal price since the second quarter of 2011, when price spikes caused floods in Queensland, pushing quarterly contract...
14.04.2017 11:48
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Mechel to supply China's Baosteel Resources with about 1 million tonnes of coking coal One of the leading Russian mining and metals companies says it has extended its cooperation agreement with Baosteel Resources, which is part of Baowu Steel, China's largest steel group. Mechel will supply Baosteel Resources with up to 960,000 tons of coking coal mined in South Yakutia. Coal is...
14.04.2017 11:07
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South Korea expands anti-dumping measures against stainless steel imports South Korea extends anti-dumping import duties on stainless steel long products for three countries. The South Korean government announced that, based on the results of the study, it decides not to cancel anti-dumping measures against the import of stainless steel bars from Japan, India and...
14.04.2017 10:52
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Gazprom signed a contract for the supply of gas to Slovakia Gazprom and the Slovakian gas transmission operator Eustream signed an agreement on gas transportation. The contract amount is 5.3 billion euros. The agreement is a framework agreement and will be valid until autumn 2050. In accordance with its provisions, gas will be transported through the...
14.04.2017 10:17
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