Metallurgy news

• Tata Steel to install 80,000 solar panels on the roof of the Ijmuiden steel plant Indian steel company Tata Steel will cover the roof of its plant in the Netherlands with solar panels. 80,000 panels will generate 22 million kilowatt-hours in the town of Ijmuiden. This amount of electricity would be enough to supply 6,000 households, but for metallurgical production this is less... 18.11.2015  11:36

• Metinvest cuts wages for office workers in Ukraine by 20 percent The Dutch mining and metallurgical company Metinvest of the Ukrainian billionaire Rinat Akhmetov has decided to reduce the working hours and salaries of administrative personnel at its Ukrainian enterprises by 20 percent due to the difficult financial situation and uncertainty in the steel... 17.11.2015  20:27

• Iron ore lost 4.5 percent in a day Ore with 62 percent iron in Qingdao port fell 4.5 percent on the day to $ 45.58 per dry tonne. This is the lowest price since May 2009. Iron ore broke the psychological level of $ 50 per tonne at the end of October, when the largest metallurgical companies confirmed their plans to expand... 17.11.2015  15:03

• Finnish Valmet has confirmed the quality of the Ukrainian stainless pipes of the CENTRAVIS company CENTRAVIS, a leading global supplier of high-quality solutions in the seamless stainless steel pipe segment, has announced its inclusion in the list of approved suppliers of Valmet, one of the largest industrial corporations in Finland. This will allow CENTRAVIS to participate in tenders for the... 16.11.2015  17:07

• Russia is ready to restructure Ukraine's debt Russian President Vladimir Putin said that Ukraine may not return three billion US dollars this year, subject to its restructuring. According to him, Russia is ready to restructure the state debt of Ukraine with payment of one billion each in 2016, 2017 and 2018. "We offered better terms for... 16.11.2015  16:38

• Ukraine's economy lost another seven percent of GDP in the third quarter The real gross domestic product (GDP) of Ukraine in the third quarter of 2015 decreased by 7 percent compared to the third quarter of 2014 (then the drop in GDP was 5.3 percent). This is evidenced by operational data, which was released by the State Statistics Service on Monday. Compared to the... 16.11.2015  15:10

• Reuters: Islamists are preparing an attack on Washington A new video of the Islamic State, ISIS, warns of an impending attack on Washington and other countries involved in the bombing of Syria. This was reported by Reuters. In the video, the ISIS fighter promised to "hit the very center of the United States in Washington, just like the center of... 16.11.2015  14:31

• Over the week, Ukrainian cast iron has fallen in price by 15 percent: customers "insist on continuing the banquet" During the week, Ukrainian export quotations of pig iron decreased by an average of 15 percent and reached the range of 155-160 US dollars per ton on FOB terms in the ports of Ukraine. This was reported on Monday at the state enterprise Derzhzovnishinfom. The November sales of the leading... 16.11.2015  12:23

• Americans have found a way to make titanium stronger without compromising ductility November 16, Washington. Doctors from the Metallurgy Department of the National Technical University of North Carolina and specialists from the Department of Materials Science of the Chinese Academy of Sciences have invented an innovative way to increase the strength of titanium without reducing... 16.11.2015  11:14

• Poroshenko: enhanced security measures in Ukraine will last at least 2 weeks According to Ukrainian President Petro Poroshenko, enhanced security measures in connection with the terrorist attacks in Paris will be used for at least two weeks. According to him, the French special services have established a connection between the perpetrators of the terrorist attack with... 15.11.2015  12:59