Metallurgy news

• Aluminum price in 2015 will be maintained at a high level Bauxite supply problems and new capacity growth will be the main dominant factors affecting the aluminum market in 2015, according to Guotai Junan futures research report. In the Chinese market, "prices for aluminum sheet fell slightly in early 2015, but there is a possibility that prices for... 14.01.2015  11:01

• Ruble Decrease Threatens Indian Steel Producers The decline in the value of the Russian ruble is putting Indian steel companies in a difficult position. Indian steel giants such as Tata Steel Ltd, JSW Steel, as well as Indiahad are planning to increase production, with the support of the central government for faster growth of the country's... 14.01.2015  10:12

• Middle East plans to invest $ 18 billion in construction of new pipelines The Middle East is going to invest about $ 18 billion over the next five years in the creation of new pipelines and related infrastructure. The Gulf Cooperation Council (GCC) is expected to add over 21,000 km to its current pipeline network. Tube Arabia, Metal Middle East and Arabia Essen Welding &... 13.01.2015  11:15

• Tata Steel launches production of a new steel grade Tata Steel, studying customer needs, has now completed development and plans to launch a new line of steel that has been created to improve the production of tractor wheels as well as other large SUVs and vehicles. The company uses the knowledge gained in the development of steel for the critical... 13.01.2015  10:22

• Chinese imports hinder stainless steel production in India Slow capacity utilization and competition from Chinese imports will hamper the country's stainless steel production this year, which operates at 55 percent capacity utilization of its total installed capacity of 5 million tonnes per year. “The stainless steel sector needs government support in t... 12.01.2015  11:11

• Indonesian tin exports will continue to decline On the London Metal Exchange, the price of tin increased by $ 0.16 per kilogram, and reached $ 23.27 in early 2015. Nickel also added $ 0.08 per kg, reaching about $ 17. Industrial demand is expected to increase in the spring for tin and nickel. The rise in prices is associated with a ban in... 12.01.2015  10:24

• ALACERO Announces Unprecedented Growth in Imports of Steel Products from China The Latin American Association of Steel Producers (ALACERO), says China supplied 56 percent more steel products in 2014 than in 2013. In the period from January to November 2014, China supplied 7.4 million tonnes of finished steel to Latin America, and 4.8 million tonnes in the previous... 11.01.2015  13:20

• Romanian Bearing Factory Produces Stainless Steel Jewelry The Romanian factory, which specializes in the production of bearings, diversified its activities and product line by starting the production of stainless steel jewelry. The plant plans to sell new products locally, as well as in other European countries and in Turkey. Rulmenţi Barlad Bearing ... 11.01.2015  12:00

• Iran to build a metallurgical plant in Oman Iran plans to build a large iron smelting plant at Al Dadm in Oman with over $ 4 billion in investments proposed by several investors. Mohammad Reza, Iranian Minister of Industry, said the plant will receive metal from natural raw materials that are mined in the rocky mountains of Oman at high... 10.01.2015  18:27

• Coking coal miners hope for steel market in 2015 The plight of global miners deteriorated sharply along with steel mills in 2014, primarily due to the slowdown in economic growth in China, which significantly reduced the growth in steel consumption. In addition, the steel market for other important coal importers such as India and Japan was also... 10.01.2015  17:17