Metallurgy news

• Stainless steel exports from Japan rose sharply in March Japanese exports of stainless steel products during the month of March 2016 totaled 89,351 tonnes, up 18.1 percent from the previous month when the country's stainless steel exports totaled 75,645 tonnes. The main export destination for Japanese stainless steel was China. Exports to China... 04.05.2016  12:21

• Nord Stream 2 must be fully compliant with EU legislation A project as important as Nord Stream 2 cannot take place in a legal vacuum, the European Commission emphasized on Monday. In turn, the head of the largest center-right faction in the European Parliament, Manfred Weber, believes that Nord Stream 2 should not receive EU support. “If Nord Stream 2 ... 03.05.2016  10:15

• EU introduces import licenses for carbon and stainless steel Over the next four years, licenses will be required to import steel into the European Union. This is one of the mechanisms used to support the steel industry. The slogan of the European Commission - “Steel: preserving jobs and growth in Europe”, requires the introduction of an import license, whi... 03.05.2016  09:44

• Merkel invites Japan to join NATO The German Chancellor in March 2015, during a visit to Tokyo, proposed to Prime Minister Shinzo Abe that Japan join NATO, according to The Japan News. According to the publication, Merkel told Shinzo Abe: “Why not (Japan) join NATO? I can convince British Prime Minister (David) Cameron and F... 02.05.2016  13:23

• Copper is falling in price, and investors are staring at China Copper prices on the New York Metals Exchange are falling as investors assess the prospects for stimulating the Chinese economy and give signals to brokers. Copper prices are driving many trends in the global economy. Copper plays an important role in modern technology. It has served humanity... 02.05.2016  11:50

• Global gold demand fell 24 percent in Q1 2016 Gold demand amounted to 781 tons in the first three months of this year, down 24 percent on an annualized basis. The sharp decline in demand was mainly due to a significant drop in demand from key Asian consumers, including China and India. The sharp rise in gold prices during the first quarter... 30.04.2016  07:50

• Almost a million Ukrainians came to work in Poland in 2015 A new group of migrants has appeared in Poland, who came to the country for the first time after the outbreak of the armed conflict in the eastern part of Ukraine and in connection with the worsening economic situation. Ukrainians are mainly employed in repair and construction work and in the... 29.04.2016  12:37

• ArcelorMittal Kryvyi Rih is the main supplier of steel for the new Chernobyl sarcophagus During the construction of a new sarcophagus at the nuclear power plant in Chernobyl, 200 thousand tons of steel are used. Construction, ongoing for several years, should protect the damaged reactor for the next 100 years. Construction will be completed next year. The dome itself will require... 29.04.2016  12:18

• Refined zinc use will grow by 3.5 percent in 2016 According to forecasts of the MGISC, global demand for refined zinc will grow by 3.5 percent to 14.33 million tons in 2016. At the same time, the world demand for refined zinc will exceed supply by 352 thousand tons during the current year. Growth in infrastructure investment in China will be... 29.04.2016  11:46

• Russia has sharply increased the export of steel scrap The latest statistics released by the Russian trade department show that the export of scrap steel in the country has increased significantly during February this year. Exports of scrap metal during the month were significantly higher than a year earlier. In many regions of Russia, an increase... 28.04.2016  10:53