Metallurgy news

• Ukraine consumes least amount of gas in history In 2016, according to officials, the consumption of "blue fuel" in Ukraine will be about 32 billion cubic meters of gas and will be the lowest in history. Last year, Ukraine consumed about 34 billion cubic meters of gas. However, after a few years, gas demand has dropped significantly, officials... 28.03.2016  12:16

• The Pentagon has lost a satellite in Earth orbit The command of the US space forces has reported the loss of a satellite that has worked for about two years in Earth orbit, according to Spacenews. Communication with the Flight 19 satellite was lost on 11 February. “Central Command at Colorado Springs Air Force Base has stopped all attempts to r... 27.03.2016  14:36

• Will Steel Prices Rebound? The World Steel Association says that global crude steel production in February was down 3.3 percent from a year ago. The largest producer, China, cut output by 4 percent. The European Union, like Russia, showed a sharp decline, but the output of some countries is off scale. Indian steelmakers... 26.03.2016  13:08

• Scotland stops producing electricity from coal The Longannet power plant, located north of the capital Edinburgh, has shut down the last of its four power units. It was the largest power plant in Europe when it started operating in 1970 and was capable of producing 2,400 megawatts of electricity for the national grid and powering over two... 26.03.2016  12:49

• Jindal Steel opens rebar plant in Oman Jindal Steel and Power Limited (JSPL) commissioned a 1.4 Mtpa rebar plant in Sohar, Oman. The plant is the largest in the Gulf and Africa region, and along with existing facilities, made JSPL the largest integrated steel company in Oman. The new capacities of the rebar plant will significantly... 26.03.2016  11:46

• Russia may return troops to Syria Russia does not rule out the resumption of operations in Syria "on a scale commensurate with the degree of threat" if the Islamic State and other terrorist organizations intensify hostilities and terrorist attacks against civilians, according to Valentina Matvienko, chairman of the Federation... 25.03.2016  12:22

• Iran plans to acquire refineries in various countries Iran is going to buy shares of existing or under construction oil refineries in a number of countries around the world. The National Iranian Refinery Company (NIORDC) is in talks to acquire shares in a refinery in Spain. At the same time, a specific industrial facility is not specified, and,... 25.03.2016  11:15

• Gold price falls even amid terrorist attacks in Brussels Gold prices fell to a four-week low and the dollar's strength slowed, despite a suitable buying zone following Tuesday's attacks in Brussels. Precious metals fell more than 2% in morning trading in London and 2.4% to $ 1,218.60 an ounce on the New York Mercantile Exchange. Gold is under... 25.03.2016  10:57

• Steel production drops again Global steel production in February was 120.412 million tonnes, reflecting a 3.3 percent decline on an annualized basis. Given the two months of the year, the decline was even greater and amounted to 5.2 percent. In the EU, the decline was more significant than the world average, reaching 6.3... 24.03.2016  10:22

• Turkey must fulfill 35 conditions to cancel visa regime with the EU The Association Agreement between Turkey and the EU was signed back in 1963. Ankara applied for EU membership in 1987, but accession negotiations did not begin until 2005. Full EU membership has continued to be a priority for Ankara for decades. Before the EU demanded that Turkey fulfill 72... 24.03.2016  09:21