Metallurgy news

• Rio Tinto is about to lay off hundreds of workers In an attempt to establish its position as a cost-effective exporter of iron ore to China, mining giant Rio Tinto plans to cut several hundred jobs in Western Australia. Information was sent to employees, highlighting the urgency of expediting the cost-cutting measures. In addition, Rio Tinto... 28.02.2015  16:29

• Global aluminum demand to grow 6.5 percent in 2015 - Rusal The largest aluminum producer Rusal believes that the global aluminum industry will grow within a year. He also expects production growth outside of China to remain subdued. In addition, Asian aluminum prices are likely to remain under pressure due to increased exports of semi-finished products... 28.02.2015  16:10

• In Japan, exports and imports of steel decreased in January 2015 Statistics released by the Japanese Ministry of Finance (MOF) indicate that imports and exports of steel products in Japan declined during the month of January this year compared to the previous month. Export of metal products of the country decreased by 10.2 percent in January 2015 to 3414... 27.02.2015  10:23

• CIS steel production falls in January Steel production in the Commonwealth of Independent States (CIS) declined 3.1 percent during January 2015 compared to January last year, according to the latest data released by the World Steel Association. The region's steel output was 8,526,000 tonnes in January this year, up from 8,801,000... 27.02.2015  10:07

• Top ten global steel producers in January 2015 According to the latest statistics released by the World Steel Association, steel output from 65 reporting countries totaled 133.102 million tonnes in January this year. These 65 countries account for approximately 98 per cent of the world's total crude steel production. The ten largest... 27.02.2015  09:50

• Brazilian ferroalloy exports fell in January 2015 Brazilian ferroalloy exports fell 41.8 percent year on year to 21,266 tons in January from 36,555 tons in January 2014, according to data released by the Ministry of Development, Industry and Trade. The volume of exports in monetary terms in January amounted to $ 203.360 million FOB, down 9.3... 26.02.2015  11:03

• Russia is considering a temporary ban on the export of scrap metal According to media reports with reference to the Russian Ministry of Trade and Industry, there is a possibility of introducing a ban on the export of scrap from the country. The ministry is reportedly studying a proposal to impose a temporary ban on the export of scrap metal to stem the spike in... 26.02.2015  10:27

• US steel imports rise 17 percent in January - AISI According to preliminary data, the American Iron and Steel Institute (AISI) reported that the United States imported a total of 4,250,000 tons of steel in January 2015, including 3,429,000 tons of finished steel. This indicates an increase in steel imports by 16.8 percent and finished rolled... 26.02.2015  10:03

• Turkish rebar exports increased slightly at the end of last year The latest figures released by the Turkish Statistical Institute (TUIK) show that the export of rebar products from the country increased slightly at the end of last year, trying to catch up. According to industry sources, Turkey's rebar exports to the United States improved significantly by the... 25.02.2015  09:38

• Scrap metal trade in Ukraine decreased in January 2015 According to the latest trade statistics, exports and imports of steel scrap from Ukraine fell during the month of January this year. In January 2015, the export of steel scrap from the country amounted to 40701 tons. At the same time, exports fell sharply compared to the same month a year... 25.02.2015  09:10