Metallurgy news

• Copper wire manufacturers are not hoping for growth in demand in China China is the main consumer of copper and, therefore, a decrease in demand from China will affect the commodity at the global level. The decline in copper demand in China will continue to rise, analysts said, increasing the chances for further declines in the metal's price. Copper production in... 04.12.2014  09:54

• Vale's 2015 investment budget will be $ 10.2 billion Brazilian mining giant Vale approved a 2015 investment of $ 10.2 billion, down 30.9 percent on an annualized basis. Within this amount, $ 6.4 billion is planned to be invested in new projects, and the remaining $ 3.8 billion will go to support existing operations. Vale's 2015 operating budget... 03.12.2014  13:59

• South Stream has become the biggest casualty in the confrontation between Russia and Europe Countries in Europe are shocked and angry at Russia's decision to abandon South Stream, its $ 50 billion gas pipeline across the Black Sea to Europe, as shares in the companies involved in the project plummet and plans for future profits collapse. Bulgaria, Hungary and Serbia have said they have... 03.12.2014  12:51

• Japan fights to increase the quota of steel imports to Thailand The Thai government plans to increase the quota of steel imported from Japan after strong pressure from Japan. The Japanese Chamber of Commerce in Thailand last week asked the Thai government to increase the tax-free quota for Japanese steel by another couple of million tons. Japanese... 03.12.2014  10:36

• Galaxy assumes higher world prices for rare earth metals China's Galaxy Magnets reports that rare earth metal prices are expected to rise based on investor relations information. The company believes that the scarcity of rare earths and the consolidation of the rare earths industry in China will allow it to manage prices in the global market. Galaxy... 02.12.2014  12:01

• New complex of seamless pipes for OMK The largest Russian manufacturer of pipeline fittings OMK Trubodetal has placed an order with the Italian plant DANIELI for the creation of a new integrated complex of seamless pipes 9 5/8 ". The new plant with a design capacity of 500 thousand tons per year will be built on the territory of the... 02.12.2014  10:59

• Clean energy will increase costs for US metallurgists The US Environmental Protection Agency (EPA) is proposing a new "Clean Power Plan" (CPP) for the electricity sector, in which the American Iron and Steel Institute (AISI) said the new plan could raise electricity costs for steelmakers in This, in turn, will hit the competitiveness of the country's... 02.12.2014  10:17

• Tin consumption will increase with the growth of battery production The development of the new battery industry has been gaining momentum in recent years, putting pressure on lead acid battery manufacturers in China and elsewhere in the world. “The market for new energy batteries has great potential and promise,” said Zhou Zhaoxu, deputy director of Chaowei Pow... 01.12.2014  13:11

• China's stainless steel production could grow 8 percent in 2015 During the Shanghai Summit, a senior analyst at Baosteel Stainless Steel Co gave a speech on the analysis and outlook for the stainless steel market. The report was compiled based on the demand for stainless steel products made in China at home and abroad. As a result, China's stainless steel... 01.12.2014  12:02

• Brazil sets anti-dumping duties on seamless pipe imports The Brazilian government is imposing anti-dumping duties on seamless steel pipes imported from Ukraine and China, according to the official publication of the Brazilian Foreign Trade Council, Camex. Thus, the Brazilian government is protecting its only domestic producer, Vallourec & Mannesmann,... 01.12.2014  11:07