Metallurgy news
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New steel melting technology eliminates cokeCarbon dioxide emissions from steel production can be reduced by 80%. Tata Steel knows how. The next phase of testing a new pig iron production technology was launched at Tata Steel's factories. This reduces carbon dioxide emissions by one fifth. The first such smelter is planned to be built. The…
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China steel export price hits four-year highAccording to the China Metallurgy Association (CISA), improvements in the quality and structure of steel products resulted in China's export price of USD 798.8 per tonne in October, the highest since February 2014. In the first 10 months of this year, the average export price for steel products was…
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Germany to resume Nord Stream 2 gas pipeline project?The possible return of the Social Democrats to the German government increases the chances of the existence of the Nord Stream 2 gas pipeline project. Until last month, some high-ranking officials from the German Foreign Ministry had expected that priority for Russian President Vladimir Putin, Nord…
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China could create € 90bn emissions trading marketChina was to launch its own version of the carbon trading system by the end of the year, which was supposed to reach 6,000 enterprises in the beginning. It is currently reported that only 1,700 companies will be included in the beginning. The system should be introduced by companies that annually…
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For 9 months of 2017, Metinvest's consolidated revenue increased by 36%Netherlands-based Metinvest B.V., the parent company of the international vertically integrated metals and mining group of companies, today announced preliminary financial results for the nine months ended September 30, 2017. In 9M 2017, Metinvest's consolidated revenue increased by 36%…
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State of the rolled metal market in Ukraine based on the results for 11 months of 2017In the period from January to November 2017, Ukrainian metallurgists produced 16.34 million tons of rolled metal, which is 15% lower than in the same period in 2016. According to ETR-SPECTR LLC, 13.35 million tons of products, or 79.7%, were exported from this volume. Nevertheless, for 11 months of…
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Steel demand in China has fallen sharply compared to NovemberCompared to previous months, China's steel production and low export volumes continue to underline strong fundamental requirements in the world's largest steel market, Commerzbank said. Chinese steel output, which is mainly provided by blast furnaces, increased earlier this year, as recorded by the…
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Tokyo Steel will raise product prices for the second consecutive month in JanuaryTokyo Steel Manufacturing Co Ltd, a leading manufacturer of electric arc furnaces in Japan, said Monday that it will raise product prices in January for the second straight month due to tough market conditions at home and abroad and expectations for higher market prices. Steel product prices…
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The future of coalCoal may have dropped out of sight in China, North America and Europe, but India and other Asian countries will ensure that the dirtiest fossil fuels continue to supply more than a quarter of the world's energy. Rapid economic development in parts of Asia will rely on coal-fired power plants, the…
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Metinvest unveils environmental modernization projects for Ilyich Steel Plant in MariupolOn December 14, independent experts, representatives of the city administration and local public organizations got acquainted with the progress of the ecological modernization of the sinter-blast furnace and converter production at the Ilyich Iron and Steel Works. As part of the reconstruction of…
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