Metallurgy news
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Global platinum market faces deeper deficits in 2018The WPIC predicts a 1% drop in global platinum supply throughout 2017. Reduced production in South Africa, Zimbabwe, Russia and North America will result in a 2% decline in total production. Global platinum demand is expected to decline sharply by 6% in 2017 to 7,845 Koz. The report predicts a…
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NUST MISIS creates a unique furnace for industrial waste recyclingMore than 95% of the world's pig iron is still produced in blast furnaces. Modern blast furnaces are powerful plants that produce tons of pig iron every day, but they require high quality finished raw materials such as sinters, steel pellets and iron. Hundreds of millions of tons of waste in the…
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Steel prices expected to rise in ChinaChinese market participants expect steel prices to rise over the next month, due to a reduction in production in the main production segments. At the same time, the CSSI forecast, which measures the volume of new orders at the domestic and export levels, remained virtually unchanged, down 1.68…
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Release of Ukrainian iron ore concentrate in OctoberUkrainian iron ore concentrate production increased in October for a month and a year, but lower domestic consumption reduced the output of agglomerates and iron ore pellets. Last month, Ukraine produced 5.15 million tonnes of iron ore concentrate, increasing output by 8% compared to September and…
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Copper is still valuableCopper prices are rising again on the London Metal Exchange. Metal on the LME in 3-month deliveries will cost US $ 6,833.00 per tonne, after an increase of US $ 5. In 2017, copper may record the highest growth since 2010. The metal on the LME has already gained more than 20 percent since the…
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Steel prices rise in ChinaIron ore futures in China were up more than 1 percent as steel prices recovered from a three-day slide. But China's plentiful supplies of steelmaking raw materials, which are at their highest level since August, have kept the iron ore price surging. The most traded iron ore contract for January…
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Japanese steel output fell in October even amid rising demandSteel production in Japan fell 1 percent in October YTD to 8.97 million tonnes, reflecting technical disruptions at some plants, even as demand from the auto and construction sectors remained strong. In a seasonally independent environment, steel output as the world's second-largest producer after…
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Metinvest paid off $ 46.6 million in Eurobonds and $ 10.1 million in principalMetinvest, a mining and metallurgical group, paid out $ 56.7 million on new Eurobonds maturing until December 31, 2021, the group said on the website of the Irish Stock Exchange. According to the message, this amount consists of $ 26 million 445,135 thousand of interest income for the period from…
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Coal wins the fight against climate changeCoal has emerged as the surprise winner of two weeks of international climate talks in Germany, when leaders of the host country and neighboring Poland have joined Donald Trump in support of the dirtiest fossil fuels. While more than 20 countries, led by Britain and Canada, have pledged to stop…
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Ukrmetallurgprom becomes an affiliated member of the World Steel AssociationAt the General Meeting of the World Steel Association, which took place on October 10, 2016 in Dubai (UAE), the Ukrmetallurgprom Association of Enterprises was elected an affiliate member of this organization. As a reminder, the World Steel Association was founded as the International Iron and…
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