Metallurgy news

• Bulgaria hopes to break Russian gas monopoly - Mitov Daniel Mitov, Bulgaria's foreign minister, pointed to the planned intersystem gas pipeline between Bulgaria and Greece as having the potential to break Russian monopoly in the region. Mitov said that the rapid implementation of the construction of the gas interconnection line, the contract for... 30.06.2015  13:07

• Mechel received a certificate for rails for the supply of Russian Railways Mechel, one of the largest mining and metallurgical companies in Russia, has certified rails up to 100 meters long. The received certificate confirms compliance with the requirements of the Technical Regulations of the Customs Union. The document enables the company to supply the Russian Railways... 30.06.2015  12:31

• Japan to stop building polluting coal-fired power plants Japan plans to ban energy companies from building inefficient coal facilities that pollute the environment. Since the Fukushima disaster in Japan, the use of this fuel has been increasing, undermining the program to reduce greenhouse gas emissions. The government has come under fierce criticism... 29.06.2015  13:33

• Saudi Arabia and Russia support each other in the fight for the global oil market In a rapidly changing geopolitical environment, Saudi Arabia and Russia are forging ahead, fostering closer relations in key sectors, including the energy sector. Recently, during a meeting in St. Petersburg, 6 major deals were signed between two of the world's leading crude oil producers. Deals... 29.06.2015  12:27

• Tin Shows Worst Trends In 2015 Tin prices saw their biggest decline in at least a quarter of a century in the first half of 2015, amid abundant supplies and lackluster demand. Tin has dropped 23 percent this year, the worst performing industrial metal on the London Stock Exchange. The largest decline in percentage terms was... 29.06.2015  11:35

• UMMC increases production of refined copper The Ural Mining and Metallurgical Company, the largest copper producer in Russia, will produce about 199 tons of refined copper by the end of the first half of 2015, which is almost 3 percent higher than the output in the same period in 2014. However, zinc production in January-June is expected to... 28.06.2015  15:29

• RUSAL signs an agreement on the operation of infrastructure in Guinea RUSAL, the world leader in the production of aluminum, announces the signing of a multilateral agreement to use the railway infrastructure of the Boke province in Guinea as part of the Dian-Dian project to accelerate the development of a large bauxite deposit. The agreement reached during the... 28.06.2015  13:35

• BIR published a report on non-ferrous metal scrap According to the latest report from the Bureau of International Recycling (BIR), the situation in the global non-ferrous scrap market is complex, including an oversupply in some countries and a shortage in others. Scrap metal exports to India have declined significantly, pending greater clarity... 27.06.2015  12:15

• Steel production in the CIS falls in May Steel production in the CIS decreased significantly during May 2015. Steel output in Ukraine and Uzbekistan fell sharply, while Belarus and Kazakhstan showed strong growth in steel production. According to the latest data released by the World Steel Association, crude steel production in the... 26.06.2015  12:30

• Recycling of Electronics in China Reaches Significant Growth The electronics waste recycling sector has made significant progress in this country, according to a report published by China Business News. The Chinese e-waste recycling industry has achieved success as a result of the e-waste policy introduced by the Chinese administration in 2011. However, the... 26.06.2015  11:52