Metallurgy news
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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 fifth…
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Argentina boosts exploration for mineralsExploration 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…
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Azovstal increased production of rolled products in 8 months by 13 percentThe 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 of…
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India needs cheaper, cleaner coal technologiesIndia's dependence on imported coal in the coming years will be significant in stimulating the country's economic expansion. India must work with other countries to introduce cheaper and cleaner coal technologies, as the country is expected to use the fuel to generate more than half of its capacity…
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Steel production in Ukraine in 2017 increased by 16%Steel production in Ukraine for eight months, including August, rose 16 percent year on year to 13.8 million tonnes. However, the country did not make it to the top ten largest steel producers in the world, although it ranked tenth for many years. Steel production rose 5.5 percent in 2016 to 24.2…
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Construction of the Turkish Stream is progressing rapidlyGazprom has already built more than 220 km of the offshore section of the pipeline, according to the president of the Russian company, Alexei Miller. The length of the offshore section of the pipeline is expected to reach 910 km, and the onshore section in Turkey - 180 km. Gazprom began…
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Iron ore and coal prices to remain strong in 2018Iron ore and coking coal prices, two key ingredients for steel production, should remain high for the remainder of the year, Macquarie Bank said in a recent report. The influential Australian bank has revised its earlier estimates for iron ore and coking coal prices by a wide margin, citing an…
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What is the reason for the strong growth in steel production?The main reason for the increase is related to the rise in steel prices and the fight against inefficient and polluting manufacturing in China. According to the World Steel Association, in July this year, the world produced 143.2 million tons, an increase of 6.3 percent over a year earlier. In…
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China closed more than 700 steel plantsAccording to the CISA, China has closed 727 plants producing low-quality steel from scrap metal in China in recent months. The Chinese government in November last year, decided to exclude these businesses by the end of June. A list of companies producing steel of inferior quality or with a very…
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The Ukrainian government will protect pipe manufacturers from the Eurasian CommissionOn August 29, the Deputy Minister of Economic Development and Trade - Trade Representative of Ukraine Natalia Nikolskaya met with representatives of the pipe industry. The parties discussed the export of Ukrainian products, including the problems of access of pipe products to foreign markets, in…
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