Metallurgy news

• The British will help in the construction of Nord Stream 2 The British company DeepOcean 1 UK Limited, which belongs to the tycoon in the underwater construction market - the Dutch DeepOcean Group, announced that it received a contract for a site in Nord Stream 2. It is not yet known how much the contract to excavate the bottom of the Baltic Sea basin is... 23.01.2018  10:55

• Copper supply situation may worsen The metal on the LME is worth $ 7,777.00 per tonne in three-month shipments, after a 0.1 percent increase. “The restrictions imposed in China - due to environmental concerns - cause temporary production pauses for copper in village mills and disputes in copper mines in Chile and Peru, as well as ... 23.01.2018  10:47

• Rio Tinto bets on Mongolia Mining giant Rio Tinto is setting up a new office in Mongolia, independent of its massive Oyu Tolgoi copper and gold mine, which will focus on exploration. The opening of a new unit based in the capital Ulaanbaatar bears testimony to the credibility of Rio in a country that was recently in a... 23.01.2018  10:36

• Brief US coal resurgence comes before Trump No industry gets as much love from President Donald Trump as the coal industry. Throughout his campaign and his presidency, Trump has pledged that he will revitalize the coal industry by stopping what he called President Barack Obama's brutal and cerebral "war on coal". First of all, growing... 22.01.2018  09:35

• Prospects for Russian metallurgy in 2018 Russian steelmakers boosted production in 2017 amid rising prices and demand following a two-year slump in the sector, although some analysts warn that the danger of a decline in the sector may be lurking around the corner. A stronger Russian ruble, underpinned by a stronger oil price, could... 22.01.2018  09:17

• Iron ore markers fall amid falling consumption of rolled metal Iron ore futures in China were higher on Friday, but they saw their first weekly decline nearly threefold as slower demand halted the rise in prices for heavy plate, rebar and other rolled metal products after rising nearly 50 percent last year. ... Winter in China usually slows down activity in... 21.01.2018  13:00

• Russia takes the wheat crown Russia's emergence as the world's leading exporter of wheat is reminiscent of the former Soviet dominance in production - albeit in vastly different conditions. Improvements in grain quality and efficiency are two important differences between the current and the Cold War era. The countries of... 21.01.2018  12:54

• Severstal keeps steel production at the level of the previous year Russia's Severstal, one of the country's largest steelmakers, said crude steel production in 2017 was 11.65 million tonnes, unchanged year over year. Steel production in the last three months of 2017 increased by 2 percent compared to the previous quarter to 3 million tonnes, the company... 21.01.2018  12:46

• Dneprospetsstal increased steel production in 2017 by 9.1 percent For twelve months of 2017, PrJSC Electrometallurgical Plant Dneprospetsstal named after A.N. Kuzmin ”smelted 258,568 tons of steel, which is 9.1 percent more than in the same period last year (APPG) and produced 169,226 tons of finished rolled products (11.8 percent more than in the APPG). For t... 20.01.2018  08:12

• Iron ore and coke in China began to rise in price, recouping a 5-day fall in prices On Thursday, Chinese iron ore futures began to rise as higher steel prices helped restore commodity prices after a five-day drop. Restrictions on steel production in northern cities in China during the winter have reduced demand for iron ore and lowered prices. Yet despite these restrictions,... 18.01.2018  10:30