Metallurgy news

• Asia's steel production rose 1.7 percent in July this year According to the latest data released by the World Steel Association, steel production across Asia rose 1.7 percent on an annualized basis in July. China's total crude steel production in July reached 68.324 million tons, up 1.5 percent from July 2013, when production was 67.297 million tons.... 22.08.2014  11:06

• Automotive use of aluminum sheet will grow fivefold by 2020 - Novelis Novelis Inc, the largest aluminum company headquartered in Atlanta, foresees rapid growth in demand for aluminum sheet from auto makers. New CO2 emission regulations in Europe could increase the use of aluminum sheet in automobile production by almost five times to 1.8 million tonnes by 2020. That... 22.08.2014  10:58

• The crisis in relations between Russia and Ukraine affects the global steel market After the uproar over the suspension of shipments from the Black Sea due to the confrontation between Russia and Ukraine, most enterprises have recently preferred to declare force majeure. The sensational news caused a spike in market prices and a rapid redistribution. However, market fluidity and... 22.08.2014  10:24

• Turkish pipe imports decreased in 1H 2014 The latest data provided by the Turkish Statistical Institute (TUIK) shows that the import of seamless steel pipes in the country dropped significantly during the month of June this year. The total volume of imports in the first six-month period also experienced a drop. The country imported... 21.08.2014  12:49

• Increase in import duty on steel from China is required by the Ministry of India The Ministry of Steel Industry has asked the Ministry of Finance to influence the quantitative restrictions on the volume of steel imported into Indian ports. This is due to an attempt by China to massively sell steadily growing volumes of steel to India. The Ministry of Steel is proposing to... 21.08.2014  10:48

• World crude steel production up 1.7 percent in July 2014 According to the latest statistics released by the World Steel Association, steel production from the 65 member countries was 136.819 million tonnes in July this year, up 1.7 percent from production in the same month of the previous year. The total crude steel production of the EU-28 countries... 21.08.2014  09:55

• China's iron ore imports hit a record high during January-June 2014 The latest data released by China Customs show that the country's iron ore imports reached their highest level in the first six months of this year. Imports grew by 19.1 percent compared to imports during the corresponding six-month period in 2013. Between January and June 2014, imports of iron ore... 20.08.2014  18:18

• Russian imports of stainless steel products grew by 2.4 percent in 1H The latest data released by the Special Steels Association shows that the country's stainless steel imports increased marginally during the first half of 2014. According to the published data, Russian imports of stainless steel products amounted to 124,200 tons, which is 2.4 percent higher... 19.08.2014  14:29

• BHP Billiton divested of aluminum and nickel BHP Billiton, one of the world's largest mining giants, has issued a message indicating that its management is going to sell part of the assets. The board of directors at the next meeting this week plans to consider reducing the huge portfolio formed in 2001 as a result of the merger of the British... 19.08.2014  11:06

• TMK GIPI concludes a profitable contract for the supply of pipes The largest pipe manufacturer of the Sultanate, TMK Gulf International Pipe Industry (TMK GIPI) LLC, a division of the global pipe manufacturer TMK, won a contract for the supply of 8 "pipes with WT up to 14.4 mm, API 5L X65 Sour pipes with 3LPE coating for Abu Dhabi Carbon Capture Project is a... 18.08.2014  13:24