Metallurgy news

• Uralvagonzavod delivered freight cars to Azerbaijan The Russian corporation Uralvagonzavod has completed the delivery of 3100 freight cars for various purposes to Azerbaijan Railways. The head of the press service of the CJSC Nadir Azmamedov said: “All the cars were delivered within 11 months. The lot of pastures consists of 400 closed, 400 f... 05.04.2016  11:19

• ArcelorMittal supplies steel for a floating wind farm in Scotland A floating wind farm is under construction off the coast of Scotland. For the production of wind turbines, the steel will be supplied by ArcelorMittal. The wind farm will be built by the Navatia-Windar joint venture owned by Statoil Hywind Scotland. Five floating wind turbines will appear deep... 05.04.2016  10:56

• EC investigates import supplies of valves from Belarus The European Commission has opened an anti-dumping case against the import of Belarusian steel bars. This is the second case when anti-dumping proceedings are conducted by the Commission on the initiative of Polish manufacturers. “The procedure is connected with a rapid increase in the import of ... 05.04.2016  10:00

• US plans to strengthen NATO's eastern flank In February 2017, the United States will begin to increase its ground forces in Europe in response to Russia's aggressive policies, according to the US Command in Europe. According to the Pentagon, from the point of view of strengthening the eastern flank of NATO against the background of Russia's... 04.04.2016  10:39

• Russia increased oil production in March Oil production in Russia reached high post-Soviet levels in March, as the success of a proposed freeze on crude oil production by OPEC members and other major producers was in doubt. Russia increased its crude oil and condensate output by 2.1 percent in March from a year earlier to 10.912... 04.04.2016  09:58

• Japan's Sumitomo Metal plans to increase copper output by 6.1 percent Sumitomo Metal Mining Co Ltd, Japan's second largest copper smelter, plans to increase copper output in fiscal 2016, which began Friday, by 6.1 percent from a year earlier, when production was hit by maintenance work. The company expects 445,200 tonnes of electrolytic copper to be produced in... 04.04.2016  09:15

• Steel prices rise for the third month in a row For the third month in a row, March saw a slow rise in prices on the global steel market. This is the result of a gradual improvement in demand in most markets and a decline in steel production. In February, global steel production fell 3.3 percent and China's 4 percent. Chinese production may... 02.04.2016  09:07

• Ukraine has increased the production of pig iron by almost 25 percent The production of iron and steel in Ukraine has been growing for the fourth month in a row, uaprom.info reports, citing data from the Metallurgprom industry association. In the first quarter of this year, Ukrainian metallurgists smelted 6.114 million tons of steel (+ 18.6 percent to the APRG),... 01.04.2016  12:23

• Eurasian Commission introduced anti-dumping duties on steel from Ukraine The EEC has introduced duties for 5 years at a rate of 9-11 percent on the import of Ukrainian-made steel bars. In particular, an individual duty of 10.11 percent of the customs value is set for the Yenakiyevo Metallurgical Plant, for ArcelorMittal Kryvyi Rih - 9.32 percent. For other... 01.04.2016  12:11

• Swiss banks want to make money on Russian privatization UBS and Credit Suisse will advise on the upcoming privatization of Russian state-owned enterprises, apparently without violating sanctions. But first of all, experts make a business assessment, which includes a detailed calculation of all assets of the enterprise, namely structures, buildings,... 31.03.2016  12:04