Metallurgy news
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Scrap metal imports fell in Turkey According to the latest data released by the Turkish Statistical Institute (TUIK), Turkey's total scrap metal imports declined slightly during 2014. During November, according to updated data, it dropped by almost 2.5 percent compared to the previous month. The import of ferrous scrap in the...
05.01.2015 12:21
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Southeast Asian factories have raised prices for stainless steel Major integrated steel mills in Southeast Asia announced price increases for stainless steel products starting in January 2015. Taiwanese stainless steel company Tang Eng Iron Works has also announced its intention to increase its domestic prices for its 300 series stainless flat steel by $ 10...
05.01.2015 11:40
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Secondary copper production increased by 12 percent The latest data released by the International Copper Research Group (ICSG) shows a significant increase in the production of refined copper from scrap during 2014. The output from the processing of scrap copper during the three quarters of 2014 was 3.113 million tonnes, up almost 12 percent...
03.01.2015 13:44
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Engineering plastics are ready to replace metal Polymer materials are gradually replacing traditional materials of construction such as wood and steel in many areas. This is made possible by the unique properties of engineering plastics, such as low weight and high strength, which are much easier to manufacture. Thus, the engineering plastics...
03.01.2015 01:57
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2014 crude steel production results World crude steel production in 2014 from the 65 countries reporting to Worldsteel reached 1.625 billion tonnes, up 2.7 percent year on year from 15.82 billion tonnes in 2013. Estimates for 2014 are preliminary, as they were based on the assumption that the level of steel production in December...
02.01.2015 13:12
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Nickel prices may rise in 2015 The change in the supply of nickel in 2014 led to high volatility in its price, which, according to analysts, will continue in 2015. The main factors for the formation of prices for base metals this year will be expectations of an increase in interest rates by the US Federal Reserve and fears about...
02.01.2015 12:23
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EU fights steel imports from China and Taiwan The European Union has ordered customs officials to register stainless steel imports from China and Taiwan that pose a threat to the domestic market. The investigation is carried out in two phases, in which, as a first step, it is planned to find out whether Chinese and Taiwanese manufacturers...
01.01.2015 18:22
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Aluminum production capacity in China to increase by 7 percent in 2015 China will increase the operability of its aluminum smelting capacity by 7 percent and reach production of 31 million tonnes in 2015, up from 29 million tonnes in 2014, according to the Henan Non-Ferrous Metals Industry Association. The report says that in 2015, the working capacity of aluminum...
01.01.2015 17:32
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Brazil breaks records for the supply of iron ore Iron ore shipments from Brazil rose about 31 percent in the last week to 8.33 million tonnes, according to data released by the Standard Bank. Standard Bank strategist Mellinda Moore said the bank believes Vale is seeking to increase shipments of stockpiled material ahead of the expected rainy...
01.01.2015 16:34
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Top 10 steel producing countries According to the latest statistics released by the World Steel Association, global steel production in 65 countries reporting to the Association stood at 130.525 million tonnes in November 2014. These 65 countries account for approximately 98 per cent of the world's total crude steel...
31.12.2014 12:10
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