Metallurgy news

• China will accelerate the closure of steel plants? In the first half of 2016, China closed 13 million tonnes of production capacity in the metallurgical industry. This represents only 30 percent of the planned cut for this year. However, the Deputy Minister of Industry and Information Technology said that, as planned, the acceleration should take... 27.07.2016  11:04

• The world's best steel producers during the first half of 2016 According to the latest statistics published by the World Steel Association, the global crude steel output of the 66 countries reporting to the Association totaled 135.720 million tonnes in June this year. The monthly output has remained more or less stable compared to the output during the same... 26.07.2016  10:38

• MEPS: the steel market is waiting for a correction MEPS International expects a price correction in Europe in the fall, which should contribute to an increase in the number and attractiveness of offers of steel products imported from outside the European Union. Manufacturers are hoping, however, that the recently introduced anti-dumping measures... 26.07.2016  10:26

• Turkey's troubles could cut off Europe from oil regions The current rift between the EU and Turkey will also have implications for energy policy. The EU will gradually be isolated from the oil-rich regions. Turkey wants to act as a liaison between EU markets and the energy-rich regions of Central Asia, the Caucasus and the Middle East. If Turkey were... 25.07.2016  10:45

• Import of Russian coal to Poland is growing again Recently, Polish heating plants have chosen to supply coal from Russia because it is cheaper than local raw materials. Official figures provided last week show that between January and May 2016, 3.1 million tons of foreign-origin coal were imported to Poland, while a year ago in the same period,... 25.07.2016  10:08

• German consortium will build high-speed railways in Russia The consortium German Initiative, which forms Siemens, Deutsche Bank, Deutsche Bahn and several other companies, as reported by the Council of Russian Railways (RZD), has expressed a desire to join the project for the design of high-speed railways Moscow-Kazan. It is important to note that the... 24.07.2016  13:36

• Steel production decreased in the American continent in the first half of 2016 According to the latest figures released by the World Steel Association, South American crude steel yields dropped significantly during June from the previous year. Total monthly output fell 13.7% to 3.302 million tonnes. Steel production in the North also declined during the month. Argentina's... 24.07.2016  12:11

• Iran condemned the terrorist attack in Munich Iran has expressed outrage over the fact that an 18-year-old native of Iran committed a terrorist attack on the eve in Munich. The Iranian Foreign Ministry spokesman condemned the killing of innocent people and called on the international community to take joint measures to combat terrorism. On... 23.07.2016  12:55

• Zinc production dropped significantly The latest statistics published by the International Lead and Zinc Study Group (IGISC) indicate that the global refined zinc market is experiencing a deficit of 64,000 tonnes in the first five months of this year. Total zinc reserves during this period decreased by 24,000 tons. Global demand for... 23.07.2016  12:43

• BMZ improved performance in the second quarter of 2016 During the second quarter of 2016, BMZ significantly increased production compared to the previous quarter. The overall growth was 129.1 percent. At the same time, the production of rolled products increased by 124.3 percent, pipes by 145.7 percent, metalware by 121.6 percent. The volume of... 23.07.2016  12:20