Metallurgy news

• Chinese merger will create a rival to global leader ArcelorMittal China's largest steel companies, Baosteel and Wuhan Steel, are negotiating restructuring that analysts say could herald a merger. This will create the nation's largest company to compete with ArcelorMittal SA, the world's leading steel producer. Both companies had a combined market value of $... 28.06.2016  12:47

• Improving relations between Russia and Turkey will help solve many problems Over the past two weeks, Turkish President Erdogan has sent two letters to his Russian counterpart Putin, indicating Ankara's intention to normalize relations with Russia. After Turkey shot down a Russian plane, the country's authorities said they did not intend to spoil relations with Russia,... 28.06.2016  12:12

• Copper Price Rises Strongly in London Copper prices on the London Metal Exchange rose 1.4 percent. Profits for other industrial metals also increased. This is a reaction to the comments of the Japanese authorities, who said they will try to stabilize the situation in the markets, which has changed significantly since the referendum in... 28.06.2016  11:33

• Baosteel and Wuhan Steel Announce Restructuring Plan Two of China's largest steel producers, Baosteel Group and Wuhan Iron Steel Group, are planning joint restructuring. Baosteel Group is the second largest steel producer in China and Wuhan Iron Steel Group is the fourth largest in the country. The companies did not specify what the... 27.06.2016  13:10

• Russia plans to export up to 500,000 tons of grain to China in 2016 Russia could export up to 500,000 tons of grain to China in 2016, Agriculture Minister Alexander Tkachev said. “China has opened up the grain market for us. We entered and will now resolve issues by volume. About half a million tons of grain can be exported this year, mainly wheat and barley ”... 27.06.2016  12:28

• German companies build factories in Russia Direct investments of German companies are reaching new highs, as companies do not want to lose an important Russian market due to sanctions and are building factories directly in Russia. During the construction of facilities on the sites of Moscow, presumably, concrete M-400 large concrete... 27.06.2016  12:12

• Gas prices will fall as a result of the British referendum The decision to leave the UK from the European Union will have a great impact on the global gas market, according to experts from Hermes Energy Group (HEG), who expect a dynamic decline in prices for all raw materials, including blue fuel. In the past few weeks, the anticipation of the British... 26.06.2016  11:50

• Putin in Beijing: Strengthens Strategic Partnership Russian President Vladimir Putin on Saturday during his visit to Beijing stressed the importance of Russian-Chinese economic relations and stressed that Russia and China have "practically identical opinions" about the situation in the international arena. Putin, accompanied by many ministers and... 26.06.2016  11:31

• Belarus and China agreed to implement joint scientific and technical projects China and Belarus are planning to implement about 30 scientific, technical and innovation projects in priority areas of development in the next two years, which are of mutual interest for both countries. The names of the projects were approved in Minsk during the work of the Belarusian-Chinese... 25.06.2016  12:38

• Kazakhstan offers to carry goods from Ukraine through Azerbaijan The Ministry for Investment and Development of Kazakhstan proposes to carry out international transportation from Ukraine to Kazakhstan bypassing Russia, starting from July 1, as the ministry said in a statement. The Ministry of Kazakhstan recommends two routes for transportation: one of the... 25.06.2016  12:16