Metallurgy news

• Honda creates an electric motor without the use of rare earth metals Honda has partnered with Daido Steel to build the first hybrid engine that does not require the use of heavy rare earth metals. These metals are mainly exported from China, and in 2010 the country imposed a temporary ban on their export to Japan due to a territorial dispute. Ten years ago, Honda... 19.07.2016  12:26

• Ukraine plans to export electricity to Moldova and Belarus Ukraine intends to resume electricity supplies to Belarus and Moldova at the end of September 2016, according to a statement by Igor Nasalik, Minister of Energy and Coal Industry of Ukraine. Export supplies of electricity from Ukraine to Belarus stopped at the end of 2014. On the air on the... 19.07.2016  12:08

• Fighting broke out on the borders of Russia Armed clashes between Islamists and security forces took place in Kazakhstan. In Armenia, armed men occupied a police station and killed the major. The Kremlin is alarmed and fearful of destabilization in Russia's border regions. Since both countries, Kazakhstan and Armenia, are considered close... 19.07.2016  11:25

• E-waste recycling challenges The UN Environment Program predicts that between 2007 and 2020, the amount of e-waste in India will grow by as much as 500%, and in South Africa and China from 200% to 400%. E-waste is the unofficial name for electronic products. approaching the end of their "useful life". E-waste is computers,... 18.07.2016  12:19

• Beijing is back in the spotlight on European steel markets At the Steel Markets Europe conference, held less than a week after the United Kingdom voted to leave the European Union, this historic decision pale in comparison to concerns over China's continued influence in European steel markets. “China is a bull in a china shop, when it moves, it can do a ... 18.07.2016  11:45

• Copper price forecast If an increase in copper in warehouses is an indicator, then copper prices may be under pressure. Copper on the London Metal Exchange (LME) is currently up 18% over the past week, the highest level since February, according to a report from the Financial Times. Prices have recently hit a... 17.07.2016  12:31

• China's coal production drops 17% in June China produced 277.54 million tons of coal in June, down 16.6 percent from a year earlier, according to data released by the National Bureau of Statistics on Friday. During the first six months, China produced a total of 1,627.64 million tons of coal, down 9.7 percent year on year. The fall was... 16.07.2016  11:51

• Alcoa boosts profits in the automotive industry In the second quarter, Alcoa's consolidated revenue, which consists of the Alcoa and Arconic segments, was $ 5.3 billion, down 10 percent from last year. This decline is the result of lower prices for aluminum and alumina, which have not been offset by recent 4% growth. The rental segment, as a... 16.07.2016  10:53

• Ukraine plans to sell An-178 aircraft to Azerbaijan During the visit of the President of Ukraine to Azerbaijan, Petro Poroshenko, speaking in Baku with statements for the press together with the President of Azerbaijan Ilham Aliyev, said that one of the most promising projects for Ukraine is the sale of An-178 aircraft to Azerbaijan, and that the... 15.07.2016  11:44

• USDA revises its grain export forecast for Ukraine for 2016/17 The United States Department of Agriculture (USDA) predicts that Ukraine will receive a harvest of 61.225 million tonnes of grain in the current agricultural year (July 2016 to June 2017), up 2.4 percent from the previous forecast. The country should export 33.63 million tons of grain, up 3 percent... 15.07.2016  11:04