Metallurgy news

• Kazakhstan plans to increase production of complex ores by 12 million tons by 2019 It is expected that the state geological exploration project will provide Kazakhstan with an additional 12 million tons of polymetallic ores over 5 years. A complex ore is one in which the main valuable components are lead and zinc, and the secondary components are copper, gold, silver, cadmium,... 16.06.2014  12:23

• Baosteel cuts export prices for stainless steel coils amid falling nickel prices China's Baoshan Iron & Steel (Baosteel) has announced a price cut for austenitic stainless steel products. The cut in export prices is due to the fall in nickel prices on the London Metal Exchange. The company announced that its prices for austenitic stainless coils will be reduced by $ 200 per... 16.06.2014  11:09

• High strength aluminum honeycomb foam is in demand in the automotive industry Aluminum foam has unique properties compared to dense state, especially in terms of weight. Generally, foam can be divided into two categories: closed cell and open cell, which provide different characteristics. The peculiarity of the structure with closed cells is that they are not connected... 15.06.2014  12:34

• High electricity prices could hurt the Slovak steel industry - experts Steel production has been and will remain one of the pillars of the Slovak industry, without which it is impossible to ensure a stable economy and employment, according to the country's Ministry of Economy. The steel industry employs over 23 thousand people, accounting for 10 percent of the total... 15.06.2014  12:06

• Under the influence of the military actions in Iraq, the prices of gold and oil rose sharply Gold prices on the London Stock Exchange jumped to new highs of $ 1,277 an ounce, gaining about 2.2 percent over the week, the best result since March, while Asian stock markets closed even higher after Iraqi insurgents captured cities near Baghdad. Silver strengthened at around $ 19.54 an ounce... 14.06.2014  12:20

• EU metallurgists reset some of the closed blast furnaces EU metallurgists have reopened nearly half of the blast furnaces that were shut down amid the financial crisis and held back the sector's recovery, weighed down by overcapacity and high energy prices. This year alone, ArcelorMittal, the largest steel producer in the world, is restarting blast... 13.06.2014  12:16

• The metallurgical industry suffers from a shortage of skilled workers Skilled labor shortages can be a serious problem for the steel industry in many countries around the world. For example, in India, more than 28,500 workers will be required to increase the annual capacity of the steel industry to 300 million tons within 10 years. The local steel industry estimates... 13.06.2014  11:57

• Brazilian flat steel imports hit record high Brazilian imports of flat rolled steel increased significantly during the month of May this year. According to the latest figures released by the Brazilian customs authorities, the country's imports of sheet steel rose by almost 143 percent over the previous year. Imports of cold rolled coils... 13.06.2014  11:04

• American exports of scrap steel increased in April Exports of scrap metal from the United States rose significantly during April this year, according to the latest government data released. According to these data, the export of scrap of the country during the month amounted to 1.34 million tons. Exports of scrap increased by 36.7 percent compared... 12.06.2014  11:50

• BlueOak opens high-tech e-waste recycling facility Discarded computer parts and other electronic devices contain tons of precious metals such as gold and silver. BlueOak, Arkansas, announced that it is about to open a first-of-its-kind e-waste recycling plant in Osceola. The company's business will focus on the extraction of precious metals from... 12.06.2014  11:22