Metallurgy news

• Turkey's Steel Pipe Exports Increase 11 Percent Data released by the Turkish Steel Pipe Manufacturers Association (CEBID) shows that exports of Turkish steel pipes increased significantly during September this year. This was reported in http://uchm.ru/. Exports of pipes in September 2014 amounted to 183,160 tons, which is 10.8 percent higher... 17.10.2014  09:27

• Nothing will affect copper mining for KGHM Neither the copper price nor the tax increase will affect the development of a copper mine in Chile, said Herbert Wirth, chief executive of KGHM. A new copper mine for copper giant KGHM has been inaugurated in Chile. During the opening ceremony of the Sierra Gord mine (Sierra Gord), the company... 16.10.2014  10:07

• Exports of scrap from the EU area increased by 5 percent in the first half of 2014 Scrap metal exports from the EU-27 increased in the first six months of this year, according to the latest trade statistics. Exports of scrap from the region amounted to 8.55 million tons in January-June this year. As reported on http://pkpenzvtor.ru/, the growth was 5.1 percent compared to... 16.10.2014  09:33

• Profit growth is expected in the metallurgical industry The situation on the steel market in the spring and summer of this year has improved significantly. The volume of sales has grown and the companies have made good profits. Experts note that this happened due to the fact that the ruble fell in price, supplies to Ukraine decreased, and demand... 16.10.2014  00:03

• ArcelorMittal Kryvyi Rih steel production fell in the first 9 months According to the company, ArcelorMittal Kryvyi Rih, a subsidiary of steel giant ArcelorMittal in Ukraine, announces that its crude steel production was 4,710,000 tons between January and September, down 1 percent year on year. During this period, the production of finished rolled products of the... 15.10.2014  11:42

• Alcoa is developing to improve the American military transport The world's third-largest aluminum producer, Alcoa, announces that it has produced the world's first one-piece aluminum for military vehicles as part of a deal it signed with the US Army last year. The prefabricated structures that have been used in the American army to this day will be replaced... 15.10.2014  10:21

• Metallurgists in China contribute to the fall in steel prices The falling demand for steel creates global problems in the process of forming the value of steel. At the same time, the critical situation in China goes beyond government control, since many of the enterprises independently increase supplies and reduce prices, which contributes to an increase in... 15.10.2014  09:45

• Gazprom expects a tender for the supply of pipes for South Stream in November Russian Gazprom is expected to announce an international tender for 1.4 million tonnes of UO pipes to be used for lines 3 and 4 of the South Stream pipeline in November. Last year, Japan's Nippon Steel & Sumitomo Metal won an international tender for the supply of about 1.4 million tonnes of UO... 14.10.2014  11:10

• Ansteel to acquire 60 percent stake in Guangzhou stainless steel plant China's steel company Ansteel plans to acquire about 60 percent of the stainless steel mill of the private-owned E United Group, based in Guangzhou. At the same time, the E United Group, founded by a Taiwan firm, not only concentrates on commodities and steel, but also does business in real estate... 14.10.2014  10:03

• Gold hits 4-week high amid weak dollar Gold prices during trading in the American session closed at the highest level in the last four weeks. Stronger demand for the metal shelter came amid the recent sell-off in the US stock market. However, the main factor influencing the gold market was the upbeat economic data from China this... 14.10.2014  09:36