Metallurgy news

• US Metallurgists Raise Prices for Steel Wire and Rebar Major US steelmakers announced higher prices for wire rod and wire rod for August shipments amid rising costs. It is reported that the American company Keystone Steel has decided to raise prices for steel wire rod and rebar by $ 10 per ton. According to media reports in the US, the country's... 28.07.2014  13:07

• Chinese imports of ferronickel more than doubled in the first half of 2014 According to the latest statistics released by Chinese customs, the country's ferronickel imports more than doubled over the past six-month period of the year. In the first half of 2014, imports to China totaled 140,114 tons, up 104 percent from 68,656 tonnes in the corresponding half-year last... 28.07.2014  12:22

• Results of steel production in the CIS countries in June and the first half of 2014 Steel production across the Commonwealth of Independent States (CIS) declined 5.36 percent during the month of June, according to the latest data released by the World Steel Association. Total crude steel production in Belarus fell 3.15 percent in June this year to 215,000 tons from 222,000 tons... 28.07.2014  11:25

• Largest Nickel Mine Reopens After 30 Years The Fenix ​​Mine, the largest nickel mine in Central America, begins operations after years of inactivity. Fenix ​​is ​​a world-class ferro-nickel ore development project with proven huge reserves. The largest nickel mine in Guatemala has been closed for 30 years. During his recent visit to the r... 26.07.2014  13:38

• Stainless steel maker Outokumpu cuts losses in Q2 Outokumpu, the Finnish stainless steel maker, continued to improve its financial results during the second quarter and reported lower-than-forecast major losses from cost cutting, but cash flow was negative. At the same time, the company predicts small losses in the third quarter. The company... 26.07.2014  12:34

• US Imports Down 11% In June This Year - AISI According to the American Iron and Steel Institute (AISI), the United States imported a total of 3,586,000 tonnes of steel in June, down 11.1% from May. However, over the past period since the beginning of the year, imports of steel products amounted to 21,082,000 tons, which is 34 percent higher... 26.07.2014  11:38

• Goldman predicts a surplus of copper in the market and a decline in prices to $ 6,200 per ton Goldman Sachs, in its most recent commodities analysis, reports that the global copper market will experience a surplus of around 350,000 to 500,000 tonnes during 2014-2015. In addition, copper prices are likely to drop to a low of $ 6,200 per tonne within twelve months. The copper market is... 25.07.2014  13:13

• North American steel production fell 3.2 percent in June Steel production across North American countries fell 3.2 percent mom in June 2014, according to the latest data released by the World Steel Association. Total crude steel production in Canada in June this year was 1.010 million tons, down 2.88 percent from 1.040 million tons in May 2014. The... 25.07.2014  12:49

• Egyptian steel sector filed anti-dumping lawsuit against importers of wire rod and rebar Steel companies in Egypt have filed an appeal against the import of wire rod and rebar from China, Ukraine and Turkey in order to protect their own industry from products sold at low prices. Egyptian Steel and other steelmakers have asked the government to re-impose anti-dumping duties on... 25.07.2014  12:11

• Production results of the Chelyabinsk Zinc Plant for the first half of 2014 The Chelyabinsk Zinc Plant (CZP) in the first half of this year produced 87,649 tons of commercial grade zinc and zinc alloys, which is 2.5 percent higher compared to the same period last year. CZP, Russia's largest producer of high-quality zinc and alloys, reports that 52.7 percent of the metal... 25.07.2014  11:18