Metallurgy news

• NLMK improves efficiency of blast furnace operations NLMK Group, Russia's largest manufacturer of high value-added steel products, has improved the energy efficiency of blowing equipment used in blast furnace processes in Lipetsk. This upgrade will enable NLMK to reduce its environmental impact and save approximately RUB 210 million per year by... 30.09.2014  10:42

• POSCO has developed a super corrosion-resistant stainless steel The new stainless steel product can be used as special pipes for reactors, through which seawater and hot steam, which is generated during the cooling of a nuclear reactor, pass. This steam will then be used to rotate the turbine to generate electricity. POSCO stated that the stainless steel was... 30.09.2014  09:48

• Steel contracts hit record low in China Signs of weakness in the world's second largest economy emerged when it was reported that the country's industrial profits had dropped 0.6 percent since July. Experts believe that if officials in Beijing do not take the necessary measures on this issue, it could lead to more depressing upcoming... 30.09.2014  09:06

• Steel production in Europe increased slightly in August 2014 The World Steel Association reports that steel production in the EU-28 countries increased slightly during the month of August 2014. The year-on-year growth for the period was 0.4 percent. The largest steel output in August was achieved by Germany. Germany produced 3.133 million tonnes of steel... 29.09.2014  12:26

• Indian government eases export taxes for KIOCL The Kudremukh Iron Ore Company Ltd has been granted special permits by the government to export iron ore pellets directly. The permits apply both to the company itself and to any organizations authorized by it for this purpose, which will allow direct export of iron ore pellets and should revive... 29.09.2014  11:27

• CIS steel production fell sharply in August 2014 According to the latest data released by the World Steel Association, steel production in the Commonwealth of Independent States (CIS) decreased by 6.5 percent during the month of August compared to last year, due to a decrease in output in Ukraine. Total crude steel production in Belarus rose... 29.09.2014  10:28

• Vale Expands Production in China Hope The unsurpassed leader among buyers of iron ore - China will be able to purchase all the surplus of this raw material that has formed on the sales market. Despite a significant slowdown in economic growth, the demand for ferrous metallurgy products in Asia has not changed. Claudio Alves, head of... 28.09.2014  16:11

• Iranian scientists get nanostructured steels Scientists from the Iranian Technological University of Isfahan have successfully completed the development of a method for the production of a nano-composite of steel with a particle size ranging from 50 to 100 nm. Intermediate results have been achieved for steels with low carbon and nitrogen... 28.09.2014  15:19

• The price levels for the supply of billets across the Black Sea began to decline After the first reports about the normalization of supplies from billet mills, the current supply levels of billets fell. Supply levels are reported to have dropped nearly $ 10 per tonne to an upbeat $ 490 per tonne. Some factories are reported to be offering lucrative discounts on October... 26.09.2014  11:55

• Falling steel consumption in China foreshadows trouble for the global steel industry Steel consumption in China fell this year for the first time since at least 2000, due to the country's slowdown in economic growth. Total crude steel consumption in China, the world's largest consumer and producer of alloys, fell 1.9 percent year on year to 61.9 million tonnes in August and 0.3... 26.09.2014  11:20