Metallurgy news

• Vale aims to halve its debt The world's largest iron ore producer and Brazil's largest privately held company, Vale, expects to halve net debt to less than $ 10 billion by 2019 and use the additional cash flow to boost dividends. The Rio de Janeiro-based company, which earlier this week threatened to flood the market with... 10.12.2017  12:11

• Record sales of Russian gas to Turkey recorded For 11 months of this year, Russian gas exports to Turkey increased by more than 20%. compared to the same period last year. This means that in 11 months the import of Turkish gas from Russia in absolute terms increased by 4.4 billion m3. Thus, Ankara is the second largest market for Russian gas... 08.12.2017  13:05

• Copper prices received significant support Copper prices on the London Metal Exchange rose 0.6 percent, following a 0.3 percent decline in the previous month. Copper prices support the recently released Chinese trade data for November. Metal on the LME for 3-month shipments is now $ 6601.00 per tonne. China's exports rose 10.3 percent on... 08.12.2017  12:53

• Vale predicts a slight decrease in the price of iron ore in 2018 Vale predicts a slight decrease in the price of iron ore in 2018 The chief executive of Brazilian mining company Vale said he does not expect iron ore prices next year to be much lower than in 2017. We remind you that the company occupies a leading position in the world in the extraction of iron... 08.12.2017  12:32

• World Coal Association: Coal's role will continue despite all The Bonn climate talks launched a global coal phase-out process. This, along with other rhetoric about events in the energy sector, will fail to lead many observers to believe that the end of coal is in sight. Predictions from the recently published International Energy Agency World Energy... 07.12.2017  10:29

• EU agrees rules to protect against unfair trade For four years, the EU has come to a compromise on provisions allowing 28 to impose high anti-dumping duties on products mainly from China. On Wednesday, EU institutions announced an agreement on this issue. Proposals to strengthen trade defense instruments were presented by the European... 07.12.2017  10:17

• PJSC "ArcelorMittal Kryvyi Rih" is the largest exporter of Ukraine PJSC "ArcelorMittal Kryvyi Rih" topped the top ten rating of the country's exporters. The rating was compiled by the magazine “Top-100. Ratings of the largest ”according to the results of the work of Ukrainian companies in 2016 The best exporters are determined annually among the production and ser... 06.12.2017  13:08

• Sierra Leone sells one of the world's largest diamonds The egg-sized gem known as the "Peace Diamond" was purchased by British jeweler Laurence Graffou. One of the world's largest diamonds ever sold at auction in New York, receiving a lower-than-expected price of $ 6.5 million The 709-carat World of Diamond is one of the largest ever discovered in... 06.12.2017  10:34

• Metinvest strengthens its position in the Italian market Metinvest Group has achieved an increase in the size of ships calling at the Italian port of Porto Nagaro. The first ship with metal products - slabs - from Mariupol arrived at the port at the end of November. Metinvest, together with the Italian company Fratelli Cosulich, has implemented a... 06.12.2017  10:21

• Belarus buys Russian gas 50 percent cheaper than Europe The prices for gas imports from Russia to Belarus are 40-50 percent lower than the sales prices for Russian gas on the German market and other European countries. Poland buys gas from Russia at about $ 280-290 per thousand cubic meters, which is more expensive than for Germany ($ 265-275 per... 06.12.2017  10:13