Metallurgy news

• Fortesque breaks all iron ore shipment records Fortesque, the world's fourth largest iron ore producer, has reached a new record level in the processing and production of iron ore. In August 2014, about 15.6 million tons of iron ore were shipped. Fortesque's chief executive said that the secret of the company's success lies in bringing the... 05.09.2014  12:45

• US Steel Imports Down 8 Percent In August 2014 According to the American Institute of Iron and Steel (AISI), steel imports in August this year amounted to 3,554,000 tons, down 8 percent from the previous month, when steel imports totaled 3,856,000 tons. At the same time, imports of finished steel products had a colossal increase in August... 05.09.2014  10:45

• Japan increased stainless steel exports by 10.8 percent Stainless steel exports increased significantly in July 2014, according to the latest figures released by the Japanese Ministry of Finance. Japan's total stainless steel exports this month totaled 104,687 tonnes, up 10.8 percent from the previous month, according to the largest stainless steel... 04.09.2014  11:48

• Refined copper demand fluctuates in China copper sheet, copper sheet The latest data released by the Electricity Council of China shows that investment in the country's energy sector declined slightly in the first six months of 2014. The energy sector in 2013 accounted for almost 50 percent of the demand for copper in China, where it... 04.09.2014  10:58

• Fire breaks out at Nagoya steel plant in Japan Nippon Steel & Sumitomo Metal Corporation, formed through a merger in 2012, reported its fifth fire at its Nagoya steel plant in central Japan. The plant produces a wide range of steel products, from high quality steel sheets, ranging from bodies to containers for canned food, as well as various... 04.09.2014  10:33

• In the wake of Putin's visit to Chelyabinsk The growth in production of the metallurgical industry in the Chelyabinsk region will be at least four percent, and this is only a lower estimate. According to more optimistic forecasts, this figure could reach sixteen percent. All this is happening against the background of a general industrial... 04.09.2014  09:27

• Norilsk Nickel sells its last Australian asset, Lake Johnston Norilsk Nickel, one of the largest and most significant joint stock companies in Russia for the production of metals, is about to conclude a deal to sell a subsidiary of Lake Johnston. The facility is located in western Australia and will be taken over by the Australian steel company Poseidon... 03.09.2014  13:16

• China is fighting to reduce the tax on the sale of steel scrap The China Scrap Metal Recycling Association (CAMU) has called on the National Development and Reform Commission (NDRC) to reduce the tax rate on the sale of scrap metal. Beijing canceled 70 17 percent VAT rebate for scrap steel recyclers in 2011 The association launched a call at the 7th China... 03.09.2014  11:24

• South Korean steel exports up 22 percent in July 2014 According to the latest statistics released by the South Korean Ministry of Commerce, the country's steel exports increased significantly during the month of July this year. The export value reached $ 3198 million during July. The growth was 22.4 percent compared to the value of exports in the same... 03.09.2014  10:40

• European factories prepare to take advantage of growing deficit from Ukraine Mainly producers of HRP hot rolled flat products, want to take advantage of the Ukrainian crisis, which threatens the subsequent lack of HRP supplies, and insist on a significant increase in production. At the same time, it was Europe that strengthened the motivation of Ukrainian metallurgical... 02.09.2014  12:27