Metallurgy news

• Steelmakers in India hope to increase demand for metal Steel consumption in India rose only 1.3% to 33.74 million tons (MT) from April to August. The current capacity of the industry is about 115 million tons. India's first three steel leaders Tata Steel Ltd, SAIL and JSW Steel Ltd are adding new capacity in stages. Analyst at brokerage Emkay Globa... 08.10.2016  13:55

• Russia may become the top exporter of wheat Russian grain exports in 2016-2017 should grow by another 40 million tons, according to the Ministry of Agriculture of the Russian Federation. European harvest forecasts suggest that Russia is likely to become the world's top wheat exporter for the first time in 2017. The Ministry of Agriculture of... 07.10.2016  12:55

• Ukraine imported $ 1 billion worth of coal in nine months Ukraine in the period from January to September 2016 imported coal and anthracite (foreign activity code 2701) in the amount of $ 1.039 billion, in particular, in September for $ 133.663 million. The total volume of coal supplied to the country in the first nine months of this year amounted to... 07.10.2016  12:46

• Asia stainless steel market According to MEPS data, demand for hot rolled stainless steel products is stable in Japan and will remain so in the near term. Business in Taiwan is relatively calm. The factories cut their prices slightly in an attempt to boost sales. In China, shipments fell slightly as production was... 07.10.2016  12:30

• MMK ensures the production of new rolled metal products for shipbuilding The Magnitogorsk Metallurgical Plant is constantly working on the development of a new brand assortment, mastering a new technology for the production of rolled metal from new steel grades for the manufacture of structural parts for nuclear icebreakers and ice-class ships. Plate mill 5000... 06.10.2016  10:04

• Replacing steel in the automotive industry will not reduce the environmental burden - Eurofer According to Eurofer, the fuel economy benefits of cars made from lightweight materials will not compensate for the environmental damage caused by the production of the materials used, even after driving at least 200,000 km. In its final presentation, Eurofer says that the lighter the material, the... 06.10.2016  09:41

• Austrians rely on Gazprom According to the senior manager of the Austrian oil company OMV, Manfred Leitner, due to the decrease in gas production in the EU countries, the balance in the market can be ensured by importing raw materials from Russia. According to Leitner, the reduction in gas production in the EU will be up... 05.10.2016  11:09

• Reduced Nickel Supply Increases Stainless Steel Price - MEPS Stainless steel coil sales rose in September in the United States and Europe. This was largely due to the rise in nickel prices on the London Metal Exchange during the reporting period. European stainless steel makers were also aiming for benchmark price increases in September and, in most... 05.10.2016  10:52

• Indonesia to give miners extra time to build smelters Indonesia could give mining companies another three to five years to complete smelting projects before the export of minerals is banned, the mining minister said Tuesday, amid government discussions on amendments to the sector's rules. Miners who have not yet built metallurgical plants will be... 05.10.2016  10:12

• Production results of the plant Zaporozhlal for September 2016 In September 2016, Zaporizhstal produced 337.1 thousand tons of pig iron, 346.4 thousand tons of steel and 291.2 thousand tons of rolled products. Pig iron production decreased 2.1%, steel production decreased 2.4%, and rolled steel production decreased 1.6% compared to September 2015. From... 04.10.2016  11:17