Metallurgy news

• China could create € 90bn emissions trading market China was to launch its own version of the carbon trading system by the end of the year, which was supposed to reach 6,000 enterprises in the beginning. It is currently reported that only 1,700 companies will be included in the beginning. The system should be introduced by companies that... 20.12.2017  09:36

• For 9 months of 2017, Metinvest's consolidated revenue increased by 36% Netherlands-based Metinvest B.V., the parent company of the international vertically integrated metals and mining group of companies, today announced preliminary financial results for the nine months ended September 30, 2017. In 9M 2017, Metinvest's consolidated revenue increased by 36%... 19.12.2017  17:53

• State of the rolled metal market in Ukraine based on the results for 11 months of 2017 In the period from January to November 2017, Ukrainian metallurgists produced 16.34 million tons of rolled metal, which is 15% lower than in the same period in 2016. According to ETR-SPECTR LLC, 13.35 million tons of products, or 79.7%, were exported from this volume. Nevertheless, for 11 months of... 19.12.2017  16:38

• Steel demand in China has fallen sharply compared to November Compared to previous months, China's steel production and low export volumes continue to underline strong fundamental requirements in the world's largest steel market, Commerzbank said. Chinese steel output, which is mainly provided by blast furnaces, increased earlier this year, as recorded by... 19.12.2017  10:21

• Tokyo Steel will raise product prices for the second consecutive month in January Tokyo Steel Manufacturing Co Ltd, a leading manufacturer of electric arc furnaces in Japan, said Monday that it will raise product prices in January for the second straight month due to tough market conditions at home and abroad and expectations for higher market prices. Steel product prices,... 19.12.2017  10:09

• The future of coal Coal may have dropped out of sight in China, North America and Europe, but India and other Asian countries will ensure that the dirtiest fossil fuels continue to supply more than a quarter of the world's energy. Rapid economic development in parts of Asia will rely on coal-fired power plants,... 19.12.2017  10:05

• Metinvest unveils environmental modernization projects for Ilyich Steel Plant in Mariupol On December 14, independent experts, representatives of the city administration and local public organizations got acquainted with the progress of the ecological modernization of the sinter-blast furnace and converter production at the Ilyich Iron and Steel Works. As part of the reconstruction... 18.12.2017  14:35

• High quality ductile iron production is on the rise Ductile iron is a casting material with a very wide range of uses. This is due to a very large change in mechanical properties depending on the number and size of particles, as well as on the type of matrix. In recent years, the production of high quality cast iron has been growing all over the... 18.12.2017  11:25

• By 2020 ArcelorMittal will invest $ 1.5 billion in the former Kryvorizhstal The Ukrainian subdivision of the largest metallurgical company in the world PJSC "ArcelorMittal Kryvyi Rih" (Dnipropetrovsk region) intends to invest 1.5 billion US dollars in the renewal of production by 2020. To implement investment programs, it is planned to expand the base of suppliers and... 18.12.2017  11:21

• British officials expect to double the profitability of the steel sector The UK steel industry could increase its revenues by £ 3.8 billion a year by 2030, according to a government report that outlines opportunities to strengthen the sector and boost domestic steel demand. The report, which is part of the Islands' Industrial Strategy, states that in 2015 national ... 16.12.2017  10:43