Metallurgy news

• Primary aluminum production in the US remains low Despite slow price increases, primary aluminum production in the United States has fallen by more than 50% since January 2015. The United States consistently produced about 140,000 tons of aluminum each month until mid-2015, when production slowed significantly. Since April 2016, primary aluminum... 13.09.2017  10:40

• Copper in London goes down close to $ 6700 per ton Copper prices on the London Metal Exchange are falling, remaining slightly above $ 6700 per tonne. Metal on the LME for 3-month delivery trades at $ 6,707.00 per tonne, after falling 0.6 percent. Most industrial metals have lost their value. Changes in the Chinese leadership could be a turning... 12.09.2017  12:23

• Poland sells weapons to Ukraine Optoelectronic equipment, armored vehicles are just some examples of military equipment that the Polish Arms Group (PGZ) can offer Ukraine. What can Ukrainian companies offer Poland in cooperation? During the XXV International Exhibition of the Defense Industry, PGZ signed a cooperation... 12.09.2017  12:07

• Taiwan records 30% growth in steel production in the first half of the year The value of Taiwan's steel products in the first half increased by about 30 percent over the same period in 2016 as prices were higher. The ministry said the steel industry's 2017 output is expected to hit $ 1 trillion ($ 33.33 billion) for the first time in three years, feeling a surge in... 11.09.2017  10:30

• Ukraine may lose the wheat market in Egypt This spring, Egypt, the world's largest wheat buyer, introduced new requirements for imported wheat, increasing the protein content to 12.5% ​​from 11.5% for wheat purchased from Ukraine and Russia. Ukraine could lose Egypt's second-largest wheat export market due to new wheat import req... 11.09.2017  10:06

• Hurricane Irma: Storm hits Florida West Coast Hurricane Irma sweeps along the west coast of Florida and now descends into the city of Tampa. Irma has now landed on Marco Island from the west coast of Florida with winds of up to 120 mph (192 km /h), but has since been downgraded from category three to two. More than 3.4 million homes in the... 11.09.2017  09:23

• European aluminum billets rose in dollar terms Aluminum billet prices rise in Europe on stronger euro and strong year-over-year demand “Recently, the strong exchange rate of the euro against the US dollar is one of the reasons why some of the billets are being sold at a premium of $ 400 per tonne,” explained one of the traders. In add... 09.09.2017  09:48

• Iranian Steel Exports Grow 12% During the first five months of the current Iranian year (March 21 - August 22), major Iranian steel producers exported 2.64 million tonnes of semi-finished and finished steel products, registering an increase of 12% over the corresponding period last year. The volume of exports during the... 09.09.2017  09:20

• Argentina boosts exploration for minerals Exploration work in Argentina in 2017 will grow by 2%. Despite the lackluster global exploration prospects, 32 new companies have entered the South American country. Many of these newcomers are Australian companies, including Oceana Gold, but Canada remains the leading foreign investor in... 08.09.2017  09:52

• Azovstal increased production of rolled products in 8 months by 13 percent The metallurgical plant Azovstal (Mariupol, Donetsk region), a member of the Metinvest group, in January-August 2017, increased the production of general rolled products, according to operational data, by 13.1% compared to the same period in 2016 - up to 2.461 million tons. As the representative... 07.09.2017  19:06