Metallurgy news

• South Korea's HRC imports rise sharply in September - KOSA According to the latest figures published on the website of the Korea Iron and Steel Association (KOSA), imports of hot rolled coils (HRC) into the country rose sharply during the month of September 2014. South Korea imported 492,000 tonnes of hot rolled coils in September. September 2014... 24.10.2014  12:59

• Outokumpu cuts European surcharges on stainless steel The largest stainless steel producer on the European continent, Outokumpu, based in Finland, has set a new correction factor for alloy type 304 (4301). For flat products, the decrease is approximately $ 163 per tonne from the previous price, or € 129 from October. As a result of the ban on the e... 24.10.2014  12:43

• Metinvest prepares for significant losses as a result of the conflict in the East of Ukraine The largest private mining and metallurgical group of Ukraine Metinvest in the second half of 2014 will lose several hundred million dollars in income due to the military conflict in the industrial center of the country. After months of fighting between government forces and separatists in... 23.10.2014  12:19

• JNARDDC launches production of super conductors from aluminum and building materials from red mud On the basis of the complex studies of the Jawaharlal Nehru Design Center and the Center for the Development of Metal Technology in Hyderabad, a new technology for producing an aluminum alloy has been developed, which is capable of increasing the power transmission power of high-voltage tension... 23.10.2014  11:43

• Steel production in Asia rises in September Steel production in Asia rose 0.9 percent during September on an annualized basis, according to data released by the World Steel Association. China's total crude steel production during September was 67.540 million tonnes, unchanged from September 2013 production. India produced 6.846 million... 23.10.2014  10:57

• Pipe suppliers identified for the construction of the Turkish-Azerbaijani gas pipeline China's second largest steel producer, Baosteel, has won a contract to supply pipes for the planned construction of the Trans-Anatolian Gas Pipeline System (TANAP). The project will direct the rich gas resources of Azerbaijan to energy-hungry European countries. Baosteel will provide 370 kilometers... 22.10.2014  11:44

• Updated data for TMK In the first nine months of 2014, TMK's Russian division delivered 2.144 million tonnes of pipe products, which is 4.3 percent lower on an annualized basis. However, in Q3 2014 shipments were 9 percent higher QoQ to 762,000 tonnes. In January-September 2014, seamless pipe shipments totaled 1.329... 22.10.2014  11:11

• Global steel production declines slightly According to the latest statistics released by the World Steel Association, steel production in September of the 65 member countries was 134.421 million tons, down 0.1 percent from production in the same month of the previous year. The total production of crude steel in the EU-28 countries in... 22.10.2014  10:47

• Global nickel production and consumption will grow in 2015 - INSG Participants in the meeting held last week as part of the International Nickel Research Group (INSG) meeting in Lisbon, Portugal, predict a significant rise in global nickel production and use in 2015. According to INSG, the improvement in the economic situation around the world has led to an... 21.10.2014  11:54

• India Delays POSCO Plant Construction Permit The Indian government has again postponed its decision to grant a license to South Korean POSCO to mine iron ore, requesting further clarification from government officials in Odisha, where the South Korean company has been postponing a $ 12 billion steel plant for years. The project has been under... 21.10.2014  11:06