Metallurgy news

• World stainless steel production up 8.9 percent According to the latest statistics released by the International Stainless Steel Forum (ISSF), global stainless steel production grew 8.9 percent during the nine-month period in 2014, compared to 2013. The total volume was 30.90 million tons for the period, up 8.9 percent compared to the output... 31.12.2014  11:48

• In the US may experience a shortage of fittings amid rising demand in 2015 The Reinforcing Steel Institute (CrSi) predicts that the country's rebar consumption should reach 8.7 million tonnes in 2015, an increase of 8 percent over 2014. In addition, there is a possibility that supply will not be able to keep pace with the growth in demand. According to Bob Risser,... 30.12.2014  13:14

• Japan plans to increase its purchase of aluminum in the 1st quarter of 2015 It is reported that during the first three months of 2015, the price of aluminum on the London Metal Exchange will rise starting in January, but it seems that Japanese buyers are not embarrassed and they want to increase volumes, although this news is classified as confidential and the source... 30.12.2014  12:26

• CIS steel production continues to fall Steel output in the Commonwealth of Independent States (CIS) declined 3.9 percent during November compared to last year, due to a sharp drop in steel production in Ukraine, according to the latest data released by the World Steel Association. Total crude steel production in Belarus increased by... 30.12.2014  11:43

• ArcelorMittal supplies steel for a gas pipeline to Europe For the construction of one of the largest pipelines in the world - the Trans Anatolian Gas Pipeline (TANAP) - ArcelorMittal is supplying 310,000 tonnes of hot rolled coils from its production site in Bremen, Germany, which is one third of the total rolled stock required for the TANAP... 29.12.2014  12:39

• Gold is on the rise in 2015 Gold could make a strong breakout in the second half of 2015, according to a European analyst at Saxo Bank. More recently, in the stock markets, everything has contributed to the fact that the price of gold declines, and by the end of the year sounded on a weak note. However, investors see more... 29.12.2014  11:55

• Steel production in Europe drops slightly According to the latest data released by the World Steel Association, steel production in the EU-28 countries fell 0.8 percent during November when compared to an annualized level. The high yield in November was achieved at the expense of Germany. Germany produced 3.599 million tonnes in the... 29.12.2014  11:12

• Severstal expands shipbuilding supplies SMTs-Kolpino, part of the Izhora Plants in St. Petersburg, part of the Severstal Russian Steel division, announced the start of deliveries of steel billets used in the construction of sea vessels. SMTs-Kolpino is a competitive metalworking center specializing in the production of rolled metal... 27.12.2014  16:10

• Japan worries about reduction of quotas on steel imports to Thailand The Thai government rejected Japan's request for an increase in the quota for duty-free steel imports and, even at the risk of angering Tokyo, cut its quota in half. Japanese steel importers have asked the government to increase the duty-free import quota for three types of stainless steel in... 27.12.2014  12:32

• Primary aluminum market is in short supply During 2014, the global primary aluminum market moved into a deficit zone. According to a report by the World Bureau of Metals Statistics (WBMS), the market reached a deficit of 542 thousand tons during 10 months of 2014 compared to a surplus of 570 thousand tons recorded throughout... 27.12.2014  12:06