Metallurgy news

• New emission standards threaten steel production and jobs - EUROFER The European Steel Association (EUROFER) has severely criticized the European Commission's proposed changes to the emission trading (EU ETS) of the European Union. According to EUROFER, even the most efficient European steel mills will experience excessive additional costs that their global... 16.07.2015  13:22

• Severstal Q2 2015 Results Russian steel company OAO Severstal reported that steel production in the second quarter of this year fell by 4 percent compared to the first quarter due to lower consumption of scrap metal in the steelmaking process and short-term repairs. Crude steel production in the second quarter was 2.85... 16.07.2015  12:14

• Dneprospetsstal production results in June Ukrainian metallurgical company Dneprospetsstal (DSS), a leading producer of long-range stainless steel in Ukraine and the CIS, announced a 9.8 percent decrease in steel production in June 2015 to 21,357 tonnes compared to the previous month of this year. At the same time, the production of rolled... 15.07.2015  12:28

• Peak consumption of copper and aluminum in China is expected in 2022 - 2025 The use of refined copper and aluminum in China is projected to peak in 2022-2025. Copper consumption during this period will amount to 13-15 million tons per year, while aluminum consumption will amount to 27-29 million tons per year, but will then remain at high levels, as reported by the China... 15.07.2015  11:36

• Mexico imposes duties on steel pipes Mexico has imposed temporary import duties on welded carbon steel pipes sourced from the United States, Spain and India. The new measures, announced by the Ministry of Economy in an official statement, indicate that Mexico is stepping up measures to protect the domestic steel industry, which is... 15.07.2015  10:59

• Export of Chinese steel in the first half of the year exceeded 50 million tons According to statistics from the General Administration of Customs of China, the country exported 8.89 million tons of steel in June 2015, an increase of 1.82 million tons, or 25.7 percent year on year, and a decrease of 0.31 million. .tonnes compared to exports in May. In the first half of 2015,... 14.07.2015  17:18

• BIR published June report on the market of ferrous scrap The Bureau of International Recycling (BIR) in its monthly publication assessed the situation in the global scrap metal market during June 2015 and clarified the prospects for the development of the market in the near future. Growing exports of Chinese billets, rebar and other steel products... 14.07.2015  16:16

• MMK named the best Russian producer of flat products The Magnitogorsk Iron and Steel Works (MMK) won first place among the producers of sheet metal in Russia. The industry magazine "Metal Supply and Sales" published the traditional rating of the best manufacturers and suppliers of metallurgical industry products for the first half of 2015. The second... 13.07.2015  14:34

• Reconstruction of the copper concentrator AGMK in Uzbekistan is nearing completion The Almalyk Mining and Metallurgical Combine of Uzbekistan (AGMK) has begun installing technological equipment, three ball mills, as part of a project for the reconstruction of a copper concentrator. The project cost is 117 680 thousand US dollars. Earlier it was reported that AGMK plans to... 13.07.2015  12:20

• May shipments of steel in the United States fell 14.6 percent Experts from the American Iron and Steel Institute have summed up the results of shipments of American steel - a decline, according to statistics, is close to 15%. Steel shipments in the US segment of production fell by 14.6% in May versus the last year's reporting month. The total volume of the... 13.07.2015  10:16