Metallurgy news

• Results of production and export of steel for the 1st quarter in Ukraine Iron ore exports from the country totaled 11.11 million tons in the first quarter of 2015, an increase of 20.6 percent year on year, according to data released by the State Statistics Committee of Ukraine. At the same time, the value of the country's exports, generated by supplies of iron ore in... 18.04.2015  11:42

• Germany on the brink of an energy crisis After years of subsidizing green energy production, Germany may be on the brink of an imminent "energy crisis", according to German Mittelstand News. A government plan to limit greenhouse gas emissions for the country's major pollutants has been leaked to the press. Consumer electricity bills... 18.04.2015  09:32

• Russian pig iron exports declined at the beginning of the year According to government statistics, Russia's pig iron exports during the first month of the year decreased compared with the previous month and with exports for the same month a year earlier. In January, Russian exports of pig iron totaled 249,836 tons. Total exports were down 7.9 percent from the... 17.04.2015  16:51

• Ylva's Main Blast Furnace Closure May Raise HRC Prices in Europe With the closure of the Ilva Group's main blast furnace, some market participants expressed the view that this could help support higher prices in Southern Europe and cause them to rise significantly in the near future. The Ilva plant in Taranto is the largest metallurgical plant in Europe,... 17.04.2015  12:09

• The seaport of St. Petersburg increased cargo turnover in the 1st quarter of 2015 The port operator reports that the volume of cargo transshipment at the terminals of OJSC "Sea Port of St. Petersburg" in the 1st quarter of 2015 increased by 5 percent to 2 million tons compared to the same period in 2014. The port is part of the stevedoring division of the transport group UCL... 17.04.2015  10:16

• European steel production is unlikely to reach 2008 level - EUROFER EUROFER's long-term forecasts do not anticipate a further recovery in market share by increasing steel production in BOF and electric arc furnaces to 2008 levels, at least in this decade. EUROFER believes that the European steel industry cannot ensure a return to pre-crisis levels of steel... 16.04.2015  11:48

• Severstal announces 1Q 2015 production results Russian steel giant PJSC Severstal announced 1Q15 operating results. The production assets remained at almost full capacity, while the mini-factories continued to further increase production. During 2015, the group increased steel output by 2 percent to 2.96 million tonnes compared to Q4 2014... 16.04.2015  11:20

• Global copper market deficit widens in 2014 - ICSG Preliminary data released by the International Copper Research Group (ICSG) shows that the global refined copper market ended in deficit in 2014. In addition, the deficit has increased over the previous year. According to ICSG, the market deficit during the past year was 475,000 tons, which is... 16.04.2015  09:44

• MMK and ChTPZ are holding a meeting with the aim of further cooperation The Magnitogorsk Iron and Steel Works together with the Chelyabinsk Pipe Rolling Plant have achieved success in the implementation of a strategic cooperation program that ensures the supply of high-quality pipe products to oil and gas companies. The enterprises entered into an agreement that... 15.04.2015  12:09

• ArcelorMittal supplies steel for the construction of a shopping center in Egypt ArcelorMittal delivered steel products manufactured at the ArcelorMittal plant in Poland in Swietochlowice for the construction of a shopping center in Egypt near Cairo. In addition, a technical design team in Poland provides technical support for the client. The deliveries were made in close... 15.04.2015  10:22