Metallurgy news

• Turkish pipe imports decreased in 1H 2014 The latest data provided by the Turkish Statistical Institute (TUIK) shows that the import of seamless steel pipes in the country dropped significantly during the month of June this year. The total volume of imports in the first six-month period also experienced a drop. The country imported... 21.08.2014  12:49

• Increase in import duty on steel from China is required by the Ministry of India The Ministry of Steel Industry has asked the Ministry of Finance to influence the quantitative restrictions on the volume of steel imported into Indian ports. This is due to an attempt by China to massively sell steadily growing volumes of steel to India. The Ministry of Steel is proposing to... 21.08.2014  10:48

• World crude steel production up 1.7 percent in July 2014 According to the latest statistics released by the World Steel Association, steel production from the 65 member countries was 136.819 million tonnes in July this year, up 1.7 percent from production in the same month of the previous year. The total crude steel production of the EU-28 countries... 21.08.2014  09:55

• China's iron ore imports hit a record high during January-June 2014 The latest data released by China Customs show that the country's iron ore imports reached their highest level in the first six months of this year. Imports grew by 19.1 percent compared to imports during the corresponding six-month period in 2013. Between January and June 2014, imports of iron ore... 20.08.2014  18:18

• Russian imports of stainless steel products grew by 2.4 percent in 1H The latest data released by the Special Steels Association shows that the country's stainless steel imports increased marginally during the first half of 2014. According to the published data, Russian imports of stainless steel products amounted to 124,200 tons, which is 2.4 percent higher... 19.08.2014  14:29

• BHP Billiton divested of aluminum and nickel BHP Billiton, one of the world's largest mining giants, has issued a message indicating that its management is going to sell part of the assets. The board of directors at the next meeting this week plans to consider reducing the huge portfolio formed in 2001 as a result of the merger of the British... 19.08.2014  11:06

• TMK GIPI concludes a profitable contract for the supply of pipes The largest pipe manufacturer of the Sultanate, TMK Gulf International Pipe Industry (TMK GIPI) LLC, a division of the global pipe manufacturer TMK, won a contract for the supply of 8 "pipes with WT up to 14.4 mm, API 5L X65 Sour pipes with 3LPE coating for Abu Dhabi Carbon Capture Project is a... 18.08.2014  13:24

• Mining Companies Fight Ebola in West Africa The resource-rich countries that have been hit by the Ebola outbreak, such as Liberia, Guinea, Sierra Leone and Nigeria, are economically heavily dependent on mineral extraction. World renowned firms Rio Tinto and Vale, as well as other international companies, have been forced to act to tackle... 18.08.2014  12:07

• Oversupply of refined copper in China will increase in 2014 According to Chinese industry experts, the surplus of refined copper in the country is expected to expand further in 2014 amid weak demand from the mortgage sector and the construction industry. According to experts, August is traditionally considered a month of weak consumer demand. The... 18.08.2014  11:16

• Russian exports of stainless products fell 66 percent between January and July 2014 The latest data published by the Association of Consumers and Suppliers of Special Steels and Alloys (Spetsstal) shows that stainless steel exports from Russia fell significantly in the first seven months of this year. Russian exports of stainless steel products were reported to be 4,839 tonnes,... 18.08.2014  10:35