Metallurgy news

• Romanian Bearing Factory Produces Stainless Steel Jewelry The Romanian factory, which specializes in the production of bearings, diversified its activities and product line by starting the production of stainless steel jewelry. The plant plans to sell new products locally, as well as in other European countries and in Turkey. Rulmenţi Barlad Bearing ... 11.01.2015  12:00

• Iran to build a metallurgical plant in Oman Iran plans to build a large iron smelting plant at Al Dadm in Oman with over $ 4 billion in investments proposed by several investors. Mohammad Reza, Iranian Minister of Industry, said the plant will receive metal from natural raw materials that are mined in the rocky mountains of Oman at high... 10.01.2015  18:27

• Coking coal miners hope for steel market in 2015 The plight of global miners deteriorated sharply along with steel mills in 2014, primarily due to the slowdown in economic growth in China, which significantly reduced the growth in steel consumption. In addition, the steel market for other important coal importers such as India and Japan was also... 10.01.2015  17:17

• Hebei Steelmaking Pollution Control Report Hebei Steelmaking Pollution Control Report The area that surrounds the capital, Beijing, belongs to Hebei Province and contributes about a quarter of the country's total steel production. Hebei province has been one of the main target areas for the government in the war against environmental... 09.01.2015  14:31

• Japan Increases Exports of Hot Rolled Steel According to statistics released by Japan's Ministry of Finance (MoF), the country's hot rolled coil (HRC) exports rose sharply during the month of November last year. Ministry of Finance data show that HRC exports in the country totaled 920,537 tonnes during the month, up 11.7 percent from... 09.01.2015  13:30

• China Introduces New Copper Export Tax Credit The Chinese Ministry of Finance has issued a statement that the government has decided to introduce a fresh tax credit on the export of certain copper products. In addition, an increase in the refund of export duties on some other products is envisaged. The government is doing this, most likely, to... 09.01.2015  13:00

• The new railway line will restore communication between the steel plants of Mariupol and the seaport A new section of the railway, bypassing the bridge over the Kalchik River, which was destroyed in a terrorist attack, connected steel plants in the city of Mariupol with a commercial seaport located on the coast of the Azov Sea, according to Metinvest Group, which includes metallurgical... 08.01.2015  12:53

• US Steel fires more than half of its workers US Steel announced plans to cut 756 workers and employees at the company's two steel production facilities, reflecting lower fuel prices that have impacted energy customers. The company has issued appropriate warnings about the decision to lay off 614 employees at its manufacturing plant in... 08.01.2015  11:53

• Japanese Stainless Steel Exports Down 6 Percent According to the latest data released by Japan's Ministry of Finance (MoF), stainless steel exports from the country fell sharply during the month of November last year. Japan's total stainless steel exports for the month were 91,646 tonnes, down 5.7 percent from the previous month when stainless... 07.01.2015  17:55

• Iron ore miners suffer from export growth Iron ore exports from Port Hedland increased by about 30 percent in the second half of 2014, driven mainly by supplies from mines in the Pilbara region. This led to a decline in the global value of the product in the past year. The port's main exporters, BHP Billiton and Fortescue Metal Group,... 07.01.2015  13:21