Metallurgy news

• China's stainless steel exports fell 18 percent in June The latest data released by the Chinese customs authorities show that the country's stainless steel exports declined during the month of June this year. According to this data, in June 2014, China's export of stainless steel in sheets and coils was 268,143 tons. Exports during June were down 18.2... 24.07.2014  13:33

• Aluminum production is supported by high demand The International Aluminum Institute (IAI) said the global aluminum market showed a slight decline in production. However, the growing demand for aluminum is encouraging, as in June it was close to all historical highs. IAI data showed that primary aluminum production in June 2014 was around... 24.07.2014  12:11

• Asia June Steel Production Down 2.1 Percent MoM According to the latest statistics released by the World Steel Association, steel production in the Asian region, the world's leading steel market, declined 2.1 percent during June 2014 compared to May. China's total crude steel production during June was about 69.294 million tons, down 1.62... 24.07.2014  11:48

• AK Steel to buy Severstal's Dearborn steel plant for $ 700 million AK Steel Corporation has signed a contract to acquire Severstal North America's integrated metallurgical production assets in Dearborn for approximately $ 700 million. The deal also includes a coke production unit and three joint ventures that specialize in the production of flat-rolled... 24.07.2014  11:23

• DaMing's stainless steel shipments up 31.8 percent in 1H 2014 China's DaMing International's announced that its net shipments of stainless steel for the first half of this year were about 555,200 tons, an increase of 31.8 percent year on year. The company's stainless steel processing volume was about 867,200 tons, up 43.7 percent year on year. The company... 23.07.2014  14:10

• BHP Billiton Celebrates Another Record BHP Billiton beat analysts' forecast to achieve annual production for its West Australian operations. BHP's iron ore production rose 20 percent to a record 225 million tonnes during fiscal 2014. The result is well above BHP's estimated production rate of 217 million tonnes. The record production... 23.07.2014  13:28

• Indonesia completes six-month export ban on unprocessed ores Indonesia ended a six-month period during which it was impossible to export unprocessed metal ores from the country. This happened thanks to the introduction of new policies designed to improve the return on shipping resources from Southeast Asia's largest economy, a spokesman for the country's... 23.07.2014  11:36

• World crude steel production declined 2.7 percent month-on-month in June 2014 According to the latest statistics released by the World Steel Association, steel production from the 65 member countries was 137.122 million tonnes in June this year, up 3.1 percent from production in the same month the previous year. The total production of crude steel in the EU-28 countries... 23.07.2014  11:05

• ArcelorMittal continues to race for Italian steel company Ilva Italian Industry Minister Federica Guidi said ArcelorMittal is one of at least four or five companies interested in acquiring troubled Italian steel company Ilva. Federica Guidi said on the sidelines of the conference that "There are several international companies that have a particular interest... 22.07.2014  14:01

• Tissa and Sedgeman plan to set up an iron ore processing plant in the Solomon Mines Tissa and Sedgeman are planning to design and build an iron ore processing plant at the Solomon Mines in Western Australia under a joint project with Fortescue Metals to provide AUS $ 64 million for the project. Logging equipment that was previously used on this site will be sent to Russia for... 22.07.2014  13:02