Metallurgy news

• Impact of oil on the world economy The fall in oil prices has several consequences. This leads to job losses in the oil industry, and oil-related companies are forced to cut costs - or go out of business. More than three dozen large companies in the world have already filed for bankruptcy. Oil also plays a large role in... 11.01.2016  12:48

• Alcoa announces the closure of its Indiana aluminum plant One of the largest aluminum producers, Alcoa, has decided to permanently shut down operations at its Evansville, Indiana smelter. The Warrick plant, with a smelting capacity of 269,000 tonnes, will be closed by the end of March this year, the company said. However, the rolling mill and power plant... 11.01.2016  12:11

• CTA report on recycling e-waste The Consumer Technology Association (CTA), formerly the Electronics Consumer Association (CEA), is a trade association of 2,200 companies. In a new report released by the Association, the growth of the consumer technology sector is bringing to the forefront initiatives for product recycling and... 11.01.2016  11:50

• China is not the only problem for the global economy At least for now, there are five major factors interacting: a slowdown in the Chinese economy, falling oil prices, terrorism stemming from the turmoil in the Middle East, a strong US dollar, and an increase in domestic interest rates. Yet the slowdown in the Chinese economy is the worst news for... 10.01.2016  18:02

• Russia has increased the export of pig iron Russian exports of pig iron throughout 2015, according to preliminary estimates, amounted to about 5 million tons, which is higher than the 4.35 million tons of pig iron exported in 2014. According to the latest government statistics, published on the basis of updated results, the export of pig... 10.01.2016  16:04

• Rolled steel imports occupy 28% of the US steel market - AISI Based on the latest analysis of the Department of Commerce data on steel imports, the American Iron and Steel Institute (AISI) reported that permits for imports of steel products for December were 2,551 thousand tons, down 5 percent from the 2681 thousand tons of permits registered in December.... 08.01.2016  17:01

• Zaporizhstal increased production of rolled products by 20 percent in December In December 2015, PJSC Zaporizhstal registered an increase in pig iron production by 12.2%, steel - by 9.9%, rolled products - by 19.7% compared to the same period in 2014. In December 2015, 353.5 thousand tons of pig iron, 353.3 thousand tons of steel, 304.3 thousand tons of rolled products... 04.01.2016  09:47

• Russia sues Ukraine in court in England Russia accuses Ukraine of default on debt repayment obligations. Ukraine has not repaid a $ 3 billion loan and outstanding interest of $ 75 million as of December 31, the Russian Finance Ministry said. Thus, Russia is filing a claim in an English court. The Russian government claims that Ukraine is... 02.01.2016  15:52

• Precious Metals Outlook 2016 Some analysts say silver's saving grace in 2016 could be improved global economic growth. As economic conditions improve, industrial demand for silver will rise. And demand for this precious metal could eventually surpass gold in 2016. In the long term, the outlook for industrial use of silver... 02.01.2016  15:23

• Innovations of the Tax Code of Ukraine regarding VAT The Law of Ukraine "On Amendments to the Tax Code of Ukraine and some legislative acts of Ukraine regarding ensuring the balance of budgetary receipts in 2016" dated 24.12.2015 No. 909-VIII, the people's deputies made amendments to Articles 188, 189 of the NKU. That is, new rules have appeared for... 02.01.2016  12:38