Metallurgy news

• Results of steel production in Ukraine in November and for 11 months of 2016 In November of this year, Ukraine smelted 1.93 million tons of steel, which is 3.1% more than in November 2015. During the period from January to November 2016, Ukraine produced 22.211 million tons of crude steel. The World Steel Association reports. This result allowed Ukraine to keep the 10th... 21.12.2016  14:01

• World's top producers of crude steel in November The top ten producing countries in the world in terms of total crude steel production during November 2016, in thousands of tonnes, are: 1.China 66290 2.Japan 8618 3. India 8010 4.US 6226 5.Russia 5975 6.South Korea 5770 7.Germany 3335 8.Turkey 2912 9. Brazil 2426 10.Italy 2076 In... 21.12.2016  13:40

• World crude steel production up 5% in November According to the latest statistics released by the World Steel Association, the 66 member countries' crude steel output was 132.402 million tonnes in November 2016, up 5.0% from 126.14 million tonnes in the same month a year earlier. Crude steel production in the Middle East region grew by over... 21.12.2016  13:25

• Australia will buy French submarines Australia and France have agreed to build 12 submarines for the Australian Navy by the French arms company DCNS for a total of A $ 56 billion ($ 41 billion). The Australian authorities chose the military shipyard DCNS as a partner for this project back in April, having rejected competitive... 21.12.2016  13:06

• Turkey's steel production rises in January-November According to the statistics of the Association of Turkish Steel Producers, in November this year, Turkey's crude steel production decreased by 2.1% compared to last month, but increased by 10.4% compared to the same period last year. In particular, the volume of steel output from electric arc... 20.12.2016  11:08

• US dollar index hits new high in 14 years As the United States Federal Reserve raised its interest rate, the dollar has strengthened in recent days. In addition, when Donald John Trump won the presidential election, the US dollar index rose 7 points from 95.89 to 102. This was a new high in the last 14 years. All prices for metals such... 20.12.2016  10:52

• Moody's Poor World Shipping Forecast for 2017 Moody 's Investors Service released a negative outlook for global shipping in 2017, driven mainly by continued oversupply of power transport vessels and a 7-10 percent decline in profits. In particular, an oversupply of transport services will remain in the containerized sea freight market, and... 20.12.2016  10:40

• EU Launches Investigation into Corrosion Resistant Steel Import from China The European Commission announced that an anti-dumping investigation has been launched against the import of corrosion-resistant steel from China on behalf of eight corrosion-resistant steel manufacturers, which account for 53% of the total production of similar products in the EU, following a... 19.12.2016  15:34

• World Bureau of Metals Statistics publishes ten months report The global primary aluminum and lead markets registered a deficit during January-October 2016. On the other hand, the copper market recorded a marginal surplus during this period. This is reported by the World Bureau of Metals Statistics (WBMS) in its report for the first ten months of this... 19.12.2016  15:13

• The Ministry of Finance of the PRC will finance up to 70 percent of the amount of M&A transactions in metallurgy The PRC government considered the current volume of the country's steel industry to be excessive, and a decision was made to cut existing production. The program implements a policy of mergers and acquisitions of companies with the aim of their consolidation. It was also decided to pursue a tougher... 19.12.2016  10:14