Metallurgy news

• China has reduced imports of scrap metal China's scrap metal imports fell in May this year. The import of steel scrap into the country during May 2015 amounted to 220,000 tons, which is 3.1 percent lower compared to the previous month of this year. China imported 226,900 tons of scrap in April 2015. In addition, imports of scrap metal to... 01.07.2015  12:34

• NOVELIS is committed to expanding export markets Brazilian unit NOVELIS plans to expand its presence in export markets in an attempt to offset the slowdown in domestic demand growth. At the same time, the company decided to cut costs significantly over the next three years. This is due to the fact that the Brazilian domestic market remains... 01.07.2015  11:56

• The world production of pig iron has grown Global pig iron production increased 3.4 percent in May 2015 from the previous month. According to the latest statistics released by the World Steel Association, global pig iron production increased 3.4 percent from the previous month and reached 100.532 million tonnes in May this year. World pig... 30.06.2015  13:49

• Bulgaria hopes to break Russian gas monopoly - Mitov Daniel Mitov, Bulgaria's foreign minister, pointed to the planned intersystem gas pipeline between Bulgaria and Greece as having the potential to break Russian monopoly in the region. Mitov said that the rapid implementation of the construction of the gas interconnection line, the contract for... 30.06.2015  13:07

• Mechel received a certificate for rails for the supply of Russian Railways Mechel, one of the largest mining and metallurgical companies in Russia, has certified rails up to 100 meters long. The received certificate confirms compliance with the requirements of the Technical Regulations of the Customs Union. The document enables the company to supply the Russian Railways... 30.06.2015  12:31

• Japan to stop building polluting coal-fired power plants Japan plans to ban energy companies from building inefficient coal facilities that pollute the environment. Since the Fukushima disaster in Japan, the use of this fuel has been increasing, undermining the program to reduce greenhouse gas emissions. The government has come under fierce criticism... 29.06.2015  13:33

• Saudi Arabia and Russia support each other in the fight for the global oil market In a rapidly changing geopolitical environment, Saudi Arabia and Russia are forging ahead, fostering closer relations in key sectors, including the energy sector. Recently, during a meeting in St. Petersburg, 6 major deals were signed between two of the world's leading crude oil producers. Deals... 29.06.2015  12:27

• Tin Shows Worst Trends In 2015 Tin prices saw their biggest decline in at least a quarter of a century in the first half of 2015, amid abundant supplies and lackluster demand. Tin has dropped 23 percent this year, the worst performing industrial metal on the London Stock Exchange. The largest decline in percentage terms was... 29.06.2015  11:35

• UMMC increases production of refined copper The Ural Mining and Metallurgical Company, the largest copper producer in Russia, will produce about 199 tons of refined copper by the end of the first half of 2015, which is almost 3 percent higher than the output in the same period in 2014. However, zinc production in January-June is expected to... 28.06.2015  15:29

• RUSAL signs an agreement on the operation of infrastructure in Guinea RUSAL, the world leader in the production of aluminum, announces the signing of a multilateral agreement to use the railway infrastructure of the Boke province in Guinea as part of the Dian-Dian project to accelerate the development of a large bauxite deposit. The agreement reached during the... 28.06.2015  13:35