Metallurgy news

• Special gas price for Belarus The Ministry of Energy of Belarus announced that it had reached an agreement on gas prices with Russia. The parties agreed that Minsk will pay for raw materials as much as gas consumers in the Yamalo-Nenets Autonomous Okrug. In practice, this means that Belarus will have one of the lowest gas... 26.02.2017  12:02

• China's steel production rises in January China's crude steel production was 67.2 million tonnes in January 2017, unchanged from December 2016, up 7.4% from the same period in 2016, according to the World Steel Association. Daily steel production remained at 2.168 million tonnes, unchanged from December 2016. For eight consecutive... 26.02.2017  11:53

• Historic moment in the American gas market For the first time in nearly 60 years, the United States has become a net exporter of natural gas. So far, the country has imported more raw materials than it has exported. The situation changed in the current month. The United States exported 210 million cubic meters of gas a day (at the end of... 25.02.2017  11:36

• US Steel expects drastic measures from Trump to restrict steel imports On February 23, 2017, a meeting of American company executives with the incumbent president of the United States at the White House was held on the creation of jobs in the manufacturing industry. After its completion, the CEO of US Steel CEO Mario Longhi told reporters about the ability to... 25.02.2017  09:41

• ArcelorMittal's new acquisitions in Brazil ArcelorMittal Brasil and Votorantim have signed an agreement under which the Brazilian part of the Votorantim pipeline business will become a subsidiary of AMB. As a result, a company with a capacity of more than 5 million tons of steel and rolling mills will be created. Votorantim will receive... 24.02.2017  13:04

• Turkish steel production rises in January Turkey's steel production increased 12.8% in January compared to the same period in 2016 and 3.3% compared to the previous month, according to the Metallurgical Association of Manufacturers (TCUD). The steelmaking capacity of electric furnaces increased by 13.9% compared to the same period in... 24.02.2017  12:57

• Global scrap consumption increased 3.3% in 2016 In 2016, the apparent consumption of scrap metal in the world amounted to about 556 million tons, an increase of 3.3 percent compared to 2015. For two consecutive years, scrap metal consumption has grown steadily, reaching over 500 million tonnes recorded in 2011. The Russian scrap metal market... 24.02.2017  12:51

• ThyssenKrupp divested of assets in South America ThyssenKrupp will receive 1.5 billion euros for its Brazilian CSA plant. The buyer was Ternium, which needs a source of slabs. Thus, ThyssenKrupp Steel eliminates the American segment. Both sides are currently awaiting government approval. Completion of the transaction is possible before the end of... 24.02.2017  12:43

• Steel production in India increased by 12% in January In January 2017, steel production in India increased by 12% to 8.4 million tonnes compared to the same period in 2016, when the country's steel output was 7.5 million tonnes. This is well above the 7% growth in total global steel production, which stood at 136.5 million tonnes in January... 23.02.2017  12:22

• Metallurgists of Zaporizhstal opposed the blockade of railway communication with Donbass The labor collective of "Zaporizhstal" appealed to the mayor Vladimir Buryak and the city council deputies with an appeal to use all methods and means admissible by the law of Ukraine to resolve the problem of blocking railway communication with Donbass as soon as possible. This was reported on the... 23.02.2017  12:11