Metallurgy news

• Significant Growth in Scrap and DRI Use Forecasted Scrap metal and DRI (spongy iron) demand is forecast to be on the rise until 2019. On the other hand, the pig iron market is likely to remain dormant during this period. The growth in demand for steel products is likely to lead to a significant increase in global demand for scrap metal and DRI over... 02.06.2015  14:38

• Japan has reduced exports of stainless steel According to the latest data released by the Japanese Ministry of Finance (MOF), stainless steel exports from the country declined in April this year compared to exports in the previous month. Japan's exports of stainless steel products during April 2015 totaled 90,587 tonnes, down 18.5 percent... 02.06.2015  13:38

• Spanish train crosses the Russian plains Russian Railways celebrated the first journey of the new high-speed train Swift with rolling stock manufactured by the Spanish company Talgo and a Russian-made locomotive. On Monday, the Strizh train made its first flight from Moscow to Nizhny Novgorod. This route, 425 km long, "Strizh"... 02.06.2015  12:35

• US Federal Reserve policy could undermine the global economy in the second half of 2015 A stronger dollar will limit the ability of countries such as Ukraine and Greece to fight for economic survival, disrupting existing trade ties, exacerbating debt situations and complicating domestic economic development. Investment capital will be less and less outside the US, which is another... 01.06.2015  16:04

• The world's best steel companies in 2014 The World Steel Association (Worldsteel) has announced the list of the top ten steel companies in the world for 2014. According to World Steel 2015, according to published figures, Arcelor Mittal continues to be in first place this year as well. Among Russian metallurgical companies, NLMK is in the... 01.06.2015  13:25

• ThyssenKrupp calls on EU to take effective anti-dumping action ThyssenKrupp Europe calls for more effective anti-dumping measures by the European Union (EU) to prevent the growing supply of steel imports from other countries, especially from China. According to Andres Goss, director of ThyssenKrupp in Europe, only strict and timely anti-dumping actions can... 01.06.2015  12:09

• Biological microcircuits will reduce waste from electronics Collaboration between scientists at the University of Wisconsin-Madison and researchers at the US Department of Agriculture has led to a new wood-based computer chip that biodegrades harmlessly, thereby reducing the amount of electronic waste (including toxic) that accumulates. after the end of the... 31.05.2015  15:47

• German businessmen demand to invite Putin to the G7 summit Vladimir Putin should attend the G7 summit, as said by the head of the Eastern Committee of the German economy, Eckhard Kordes. In his opinion, the opportunity for a dialogue with Russia to resolve the international crisis and the conflict in Ukraine should not be missed. In addition, the solution... 31.05.2015  13:21

• Egypt to build two solar power plants in Congo The Egyptian government plans to build two US $ 6 million solar power plants in the Democratic Republic of the Congo. The 2 MW project will be implemented as part of Egypt's commitment to assist Congo in the economic development process. Government sources say the construction costs will come from... 31.05.2015  11:14

• Silver consumption rises to record levels Low silver prices have boosted demand for this white metal. Investment and jewelry manufacturing have boosted global demand for silver. This is especially the case in India, where in 2014 the demand for silver jewelry hit a record level. Plus, silver prices plunged nearly 20 percent during... 29.05.2015  13:26