Metallurgy news

• Pig iron exports from Brazil dropped significantly According to statistics, Brazil's iron exports continued to decline during the month of May this year. In May 2014, Brazil's pig iron exports totaled 83,000 tons. Total exports were down 16.8 percent compared with exports in May last year. In addition, exports fell 67.5 percent from the previous... 18.06.2014  12:50

• Mechel Announces Consolidation Of The Group's Product Supplies Within Mechel-Trans Mechel OAO, one of the leading Russian companies in the mining and metallurgical industry, has presented consolidation reports on the Group's supplies within its subsidiary Mechel. This will allow the company to reduce overall transportation costs, improve supply logistics and create additional... 18.06.2014  12:05

• In the USA, the supply of aluminum products from service centers increased The latest data from the Metallurgical Service Centers Institute (MSCI) show that shipments of aluminum products from the US and Canada increased during May this year from the same month a year earlier. Total shipments of aluminum products from various US service centers in May this year were... 18.06.2014  11:30

• China's steel production reaches a new historic record The latest statistics released by the National Bureau of Statistics (NBS) show that China's steel production reached an all-time high during the month of May 2014. However, the downturn in the real estate sector and the slowdown in economic growth raise concerns about a decrease in the growth in... 18.06.2014  11:11

• BIR released the latest report "World Mirror of Non-Ferrous Metals May 2014" The Bureau of International Recycling (BIR) report highlighted various macro events that took place during the month and affected the non-ferrous metal recycling industry. The crisis in Ukraine is negatively affecting economic growth in the Nordic countries, according to the report.... 17.06.2014  11:29

• Arcelor Mittal opens new steel plant in China Lakshmi Mittal opened his first facility in China through the VAMA joint venture. The new project with an investment volume of about $ 832 million is aimed at supplying the domestic automotive market. VAMA (Valin Arcelor Mittal Automobile Corporation), in which the Chinese steel company Hunan also... 17.06.2014  11:04

• Import of copper semi-finished products increased in the USA According to information from the Council of Copper and Brass Refiners (CBFC), imports of rolled brass to the United States increased during April compared to the previous year. While exports fell during the month. Imports of all types of sheets, strips, plates and foils totaled 14.918 million... 17.06.2014  10:33

• Kazakhstan plans to increase production of complex ores by 12 million tons by 2019 It is expected that the state geological exploration project will provide Kazakhstan with an additional 12 million tons of polymetallic ores over 5 years. A complex ore is one in which the main valuable components are lead and zinc, and the secondary components are copper, gold, silver, cadmium,... 16.06.2014  12:23

• Baosteel cuts export prices for stainless steel coils amid falling nickel prices China's Baoshan Iron & Steel (Baosteel) has announced a price cut for austenitic stainless steel products. The cut in export prices is due to the fall in nickel prices on the London Metal Exchange. The company announced that its prices for austenitic stainless coils will be reduced by $ 200 per... 16.06.2014  11:09

• High strength aluminum honeycomb foam is in demand in the automotive industry Aluminum foam has unique properties compared to dense state, especially in terms of weight. Generally, foam can be divided into two categories: closed cell and open cell, which provide different characteristics. The peculiarity of the structure with closed cells is that they are not connected... 15.06.2014  12:34