Metallurgy news
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Copper prices received significant supportCopper prices on the London Metal Exchange rose 0.6 percent, following a 0.3 percent decline in the previous month. Copper prices support the recently released Chinese trade data for November. Metal on the LME for 3-month shipments is now $ 6601.00 per tonne. China's exports rose 10.3 percent on a…
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Vale predicts a slight decrease in the price of iron ore in 2018Vale predicts a slight decrease in the price of iron ore in 2018 The chief executive of Brazilian mining company Vale said he does not expect iron ore prices next year to be much lower than in 2017. We remind you that the company occupies a leading position in the world in the extraction of iron…
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World Coal Association: Coal's role will continue despite allThe Bonn climate talks launched a global coal phase-out process. This, along with other rhetoric about events in the energy sector, will fail to lead many observers to believe that the end of coal is in sight. Predictions from the recently published International Energy Agency World Energy Outlook…
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EU agrees rules to protect against unfair tradeFor four years, the EU has come to a compromise on provisions allowing 28 to impose high anti-dumping duties on products mainly from China. On Wednesday, EU institutions announced an agreement on this issue. Proposals to strengthen trade defense instruments were presented by the European Commission…
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PJSC "ArcelorMittal Kryvyi Rih" is the largest exporter of UkrainePJSC "ArcelorMittal Kryvyi Rih" topped the top ten rating of the country's exporters. The rating was compiled by the magazine “Top-100. Ratings of the largest ”according to the results of the work of Ukrainian companies in 2016 The best exporters are determined annually among the production and…
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Sierra Leone sells one of the world's largest diamondsThe egg-sized gem known as the "Peace Diamond" was purchased by British jeweler Laurence Graffou. One of the world's largest diamonds ever sold at auction in New York, receiving a lower-than-expected price of $ 6.5 million The 709-carat World of Diamond is one of the largest ever discovered in West…
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Metinvest strengthens its position in the Italian marketMetinvest Group has achieved an increase in the size of ships calling at the Italian port of Porto Nagaro. The first ship with metal products - slabs - from Mariupol arrived at the port at the end of November. Metinvest, together with the Italian company Fratelli Cosulich, has implemented a project…
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Belarus buys Russian gas 50 percent cheaper than EuropeThe prices for gas imports from Russia to Belarus are 40-50 percent lower than the sales prices for Russian gas on the German market and other European countries. Poland buys gas from Russia at about $ 280-290 per thousand cubic meters, which is more expensive than for Germany ($ 265-275 per…
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Kazakhstan shocks uranium marketOn Monday, the world's largest uranium producer surprised market experts with a larger-than-expected cut in production. State-owned Kazakhstani producer Kazatomprom has announced its intention to cut U 3 O 8 output by 20% or 11,000 tonnes (about £ 28.5 million) over the next three years, starting…
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Ukrainian gas transit increased by 15.9% in 11 monthsDuring 11 months of 2017, Ukraine increased the transit of natural gas through its gas transmission system (GTS) by 15.9%, by more than 11 billion cubic meters. meters in the same period last year. PJSC "Ukrtransgaz" reports on the transit volume of 85 billion 504.8 million cubic meters. meters. At…
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