Metallurgy news

• Ukrainian crude steel output fell in the first 8 months Steel production in Ukraine was 19.69 million tonnes in the first eight months of 2014, down 11 percent from the same period last year, according to data released by the Ukrainian Producers Association Metallurgprom. During this period, the output of finished steel products in the country also... 08.09.2014  13:32

• Metalloinvest achieves robust performance amid adverse conditions The financial results for the second quarter, published by the Russian group Metalloinvest, show that its revenue was $ 3,533 million, down 7.7 percent year-on-year, its EBITDA (earnings before interest, taxes, depreciation, etc.) depreciation) reached $ 1,087 million, down 11.6 percent in the same... 08.09.2014  13:29

• Nippon Steel and Sumitomo Opens New Plant in Chittagong Japanese corporation Nippon Steel and Sumitomo Metal inaugurated a plant in Bangladesh to capture the burgeoning domestic market. Construction of the Chittagong plant began in December 2013 as a 50/50 joint venture with local McDonald Steel Building Products Limited. The new plant will supply... 08.09.2014  12:37

• In Russia, the volume of exports of metals increased by 7.5 percent According to the Goskomstat of Russia for the first seven months of 2014, the volume of exports of ferrous metals in Russia increased by 7.5 percent to 22.861 million tons. In monetary terms, the total amount of exports amounted to $ 12.1 billion, which is 4 percent more compared to the same period... 07.09.2014  12:03

• China tries to industrialize e-waste recycling For two decades, computers, telephones and other electronics were brought to Guiyu. It is a city on the southeast coast of China where locals use circular saws, hammers and pliers to extract valuable components from electronics in thousands of small workshops. Historically, the disposal here is... 07.09.2014  09:20

• ArcelorMittal introduces a new range of steels for the automotive industry Steel giant ArcelorMittal offers a new range of steels for the automotive industry that will deliver significant weight savings while improving safety. The company's R&D team has developed a range of advanced high-strength cold forming steels that should result in a 20 percent reduction in... 05.09.2014  13:48

• Fortesque breaks all iron ore shipment records Fortesque, the world's fourth largest iron ore producer, has reached a new record level in the processing and production of iron ore. In August 2014, about 15.6 million tons of iron ore were shipped. Fortesque's chief executive said that the secret of the company's success lies in bringing the... 05.09.2014  12:45

• US Steel Imports Down 8 Percent In August 2014 According to the American Institute of Iron and Steel (AISI), steel imports in August this year amounted to 3,554,000 tons, down 8 percent from the previous month, when steel imports totaled 3,856,000 tons. At the same time, imports of finished steel products had a colossal increase in August... 05.09.2014  10:45

• Japan increased stainless steel exports by 10.8 percent Stainless steel exports increased significantly in July 2014, according to the latest figures released by the Japanese Ministry of Finance. Japan's total stainless steel exports this month totaled 104,687 tonnes, up 10.8 percent from the previous month, according to the largest stainless steel... 04.09.2014  11:48

• Refined copper demand fluctuates in China copper sheet, copper sheet The latest data released by the Electricity Council of China shows that investment in the country's energy sector declined slightly in the first six months of 2014. The energy sector in 2013 accounted for almost 50 percent of the demand for copper in China, where it... 04.09.2014  10:58