Metallurgy news

• Ukraine faces declining steel export earnings in 2014 According to data published by the Ukrainian Association of Steel Producers Metallurgprom, Ukraine at the end of 2014 is witnessing a drop in foreign exchange earnings from the export of ferrous metallurgy products, including iron ore, cast iron, rolled steel and pipes. Revenue is expected to... 26.12.2014  12:02

• NLMK Group opens a sales office in Brazil NLMK Group, a leading Russian steel producer and one of the most efficient metallurgical companies in the world, announced the opening of its sales office in São Paulo and a logistics department in São Francisco do Sul (Brazil). These offices will strengthen the position of NLMK Group in the p... 26.12.2014  11:20

• Global stainless steel production grew by 8.9 percent in the first 9 months of 2014 The International Stainless Steel Forum (ISSF) has released stainless steel production figures for the first nine months of 2014. The data show that global stainless steel production increased 8.9 percent year on year to 30.9 million tonnes. Moreover, production increased in all regions with the... 26.12.2014  10:54

• In China, imports of Russian oil in November set a new record China's oil imports from its major suppliers rose significantly in November from a year earlier. Russian shipments climbed to a record high, while shipments from top exporter Saudi Arabia fell 5.9 percent to 3,990,000 tons, according to data from China's General Administration of Customs. In... 25.12.2014  11:18

• Japan predicts falling steel production for first time in 3 years - METI Steel output in Japan is expected to decline 0.7 percent to 110.7 million tonnes in the current fiscal year, which ends in March 2015. The Ministry of Economy, Trade and Industry (METI) said the decline was observed for the first time in 3 years, as demand slowed down with the increase in sales... 25.12.2014  10:39

• Asia's steel production records modest growth According to the latest data released by the World Steel Association, steel production in Asia rose 0.6 percent during the month of November on an annualized basis. In addition, all countries in the region showed an increase in steel output over 11 months at an annual level. China's total crude... 25.12.2014  10:05

• Hackers Damage German Steel Plant Recently, hackers have caused serious damage to a German steel plant and also shut down one of the blast furnaces at a steel plant. According to an annual report by the German Federal Information Security Administration, after an employee at a steel mill received an email, hackers swept over the... 24.12.2014  12:11

• Electricity shortage in Ukraine disrupts production at Ferrexpo The iron ore group Ferrexpo, headquartered in Switzerland, controlled by Konstantin Zhevago, owns assets in Ukraine. Moreover, the main asset of this Group is the Poltava Mining and Processing Plant, which specializes in the production of iron ore pellets, supplying its products mainly to... 24.12.2014  11:21

• Russia files a complaint with the WTO about the violation of the US 15-year trade agreement Russia has filed a complaint with the World Trade Organization against the United States government, which is trying to abandon a 15-year agreement between the two countries, which creates special conditions for Russian producers of flat steel products with a high import quota, and the decision... 24.12.2014  10:10

• Copper demand is driven by Chinese energy Refined copper consumption in China at the end of 2014 was more order-driven in the energy sector than it was at the beginning of the year, when tight bank lending conditions led to abandonment of small end users. In past years, more than half of the demand for copper products in China came from... 23.12.2014  15:32