Metallurgy news

• Coal use in Poland raises concern in EU Poland's dependence on coal as its main source of fuel has resulted in high levels of air pollution that are considered to be among the worst in Europe. In addition, there has been a decrease in the life expectancy of the average resident due to health problems associated with excessive use of... 10.06.2015  13:28

• Ukraine needs new gas contract with Russia to avoid supply disruptions to EU Ukraine will have to negotiate a new gas supply deal with Russia at a time when the risks of an escalation of the conflict between the two countries have re-emerged. The gas deal with Russia's Gazprom expires at the end of the month, and Ukraine needs fuel to replenish its reserves ahead of... 10.06.2015  12:43

• CZP increased its net profit by 441 percent in the 1st quarter The leading zinc producer in Russia, Chelyabinsk Zinc Plant (CZP), announced a 121 percent increase in revenues to RUB 6.913 billion in the first quarter of 2015 and a 289 percent increase in gross profit to RUB 2.541 billion compared to the same quarter last year. of the year. CZP's profit... 10.06.2015  11:59

• India's steel imports rise 58 percent in May Steel imports to India rose to nearly 1 million tonnes, creating a difficult situation for domestic steel producers facing price pressures from cheap imports from countries such as China and South Korea. On the other hand, the good news for the industry is that steel consumption rose 6.8 percent... 09.06.2015  14:00

• China increased exports of finished rolled products in January-May 2015 According to the latest data released by China Customs, exports of finished rolled products increased in the first five months of 2015. However, imports of finished steel into the country registered a decline during the above period, although China is seeking to raise infrastructure spending and... 09.06.2015  12:57

• Tata workers to strike first strike in UK steel industry in 30 years Tata Steel workers have decided to go on strike this month over a perennial controversy over pensions. This is the first strike by UK steelworkers in 30 years. At its plants located in Llanelli and Port Talbot, Tata Steel announced its intention to close British Steel's pension scheme next March.... 08.06.2015  20:02

• India introduces anti-dumping duties on stainless steel imports The Treasury Department imposed anti-dumping duties of $ 180 to $ 316 a tonne on some industrial stainless steels imported from China, Malaysia and South Korea in an attempt to stem surging imports and protect domestic industries. The decision was made after the Ministry of Commerce announced... 08.06.2015  11:29

• Scrap metal recycling and environmental protection - report “Reducing carbon emissions is a prerequisite for protecting the climate, and recycling does just that,” celebrated at World Environment Day 2015 in Genoa, Italy. The conference participants raised the question: "Why are scrap metal recycling operators not rewarded for their activities in the con... 08.06.2015  11:08

• Vale Will Increase Yield of High Iron Ore Brazilian mining giant Vale SA said last week that it will expand its iron ore capacity to 450 million tonnes from its current 340 million tonnes over two years to gain more market share, realizing that this could also lead to to reshuffle and shake up the industry. President Murillo Ferreira... 07.06.2015  14:51

• Kazakhstan seeks to obtain Chinese loans for the implementation of copper and aluminum projects Albert Rau, Deputy Minister for Investment and Development of Kazakhstan, said the government is seeking about $ 3 billion in loans from China to build two new plants to increase copper and aluminum production in the Central Asian country. “We did our best to prove to them that it is more p... 07.06.2015  14:34