Metallurgy news
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Exports of stainless steel from Japan increased According to the latest figures released by the Japanese Ministry of Finance (MOF), stainless steel exports from the country rose significantly in March this year, compared with exports in the previous month. Exports of stainless steel products to Japan during March 2015 amounted to 111,096...
06.05.2015 10:47
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For Russia, gas condensate plays a key role amid sanctions on production in the Arctic As Siberia's oil fields slowly dry up, Russia is using the by-product to keep oil production up and meet its 10 million barrels per day target. Companies including OAO Gazprom, OAO NOVATEK and OAO Rosneft are also increasing condensate yield at new Siberian gas fields, as this is a common component...
06.05.2015 10:17
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Brazil Increases Flat Products Exports By 19 Percent In April According to data released by Brazil's Ministry of Development and Trade, the country's flat steel products exports flourished during April this year. On the other hand, the export of semi-finished products in April 2015 decreased significantly. Brazil exported 131,300 tons of flat steel during...
05.05.2015 11:00
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Recycling old electronics has become a necessity The latest report from the United Nations University estimates the amount of electronics discarded by consumers in 2014 at 41.8 million tonnes, with only 6.5 million tonnes being reused. Imagine a world in which billions of dollars worth of gold, silver, platinum and other precious metals are...
05.05.2015 10:24
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Chinese steel product exports unlikely to fall in 2015 - CISA Growing demand for low-priced products supplied by Chinese steelmakers to the overseas market is likely to offset the negative impact on exports of tax cut cuts, as noted by China Iron and the Steel Association (CISA). Consequently, the country's steel exports will remain at fairly high levels in...
05.05.2015 09:12
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Russian oil and gas production remains at post-Soviet highs in April Energy Ministry data showed that oil and gas condensate production in Russia is the largest in the world, remaining at a post-Soviet record level of 10.71 billion barrels per day throughout April, boosted by the recent recovery in oil prices. World oil prices jumped 21 percent in April to over $ 66...
04.05.2015 17:47
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The Panama Canal has a final gate The Panama Canal Authority has declared the installation of the sixteenth and final gate on the Pacific side of the canal as a milestone in the expansion program. The installation process began at the southern end of the Canal, which connects directly to the Pacific Ocean. The final gate is one of...
04.05.2015 13:38
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Metal processing leaders create unique pipe processing system Dutch supplier of automated pipe cutting lines, BeWo Cutting Systems BV, has installed a pipe making system with Hebo Maschinenfabrik GmbH, one of the world leaders in metal processing, at a plant in Germany that supplies products to the agricultural sector. The German customer will use the...
04.05.2015 12:37
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EU steel production declined slightly Steel production in the EU-28 fell slightly during March, with an annualized 0.9 percent drop, according to the latest data released by the World Steel Association. Germany recorded the highest steel output in March. The country produced 3.872 million tons during the month, down 4.4 percent from...
03.05.2015 20:02
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Scrap steel imports in India stalled due to strict regulations Scrap metal imports have stalled after revised foreign trade policy guidelines, bringing shipments of steel scrap in containers close to zero. This could significantly reduce steel production in India this year. “Secondary steel producers will face huge challenges. This is a futile government e...
02.05.2015 12:47
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