Metallurgy news
-
A revolution in the Russian gas market?The world's largest natural gas producer, Gazprom, has presented proposals for actions that would enable the company to increase domestic revenue and meet growing export demand. One of the proposed solutions is to increase gas prices for the population, as well as reduce prices for raw materials…
-
Coal price will rise amid disrupted exports from AustraliaAfter the damage caused to the world's largest coal exporter by Tropical Cyclone Debbie, the price of raw materials rose at the fastest pace in four years. Coking coal, a vital ingredient in steel production along with iron ore, rose 0.6 percent to $ 176.80 a tonne on Tuesday, after jumping 15…
-
Chinese steel exports fellSteel exports from China have generally been on the decline since June last year, according to Custeel. The main factor is the impact of good steel prices on the Chinese domestic market, although the anti-dumping duties imposed by the European Union, the United States and Canada have also had some…
-
Aluminum rises in price to 28-month highThe metal, widely used in vehicle manufacturing and packaging, rose last week on supply concerns to $ 1,981, its highest since December 2014. Expectations of supply disruptions have led to a tightening of the market, but price increases are likely to be short-lived as producers restart capacity and…
-
Cyclone Debbie to suspend coal exports for five weeksIn Australia, rail lines for transporting coal in Queensland are expected to close for five weeks after Tropical Cyclone Debbie. Market participants said that it would be logical for buyers to start looking for alternative supply options from the US and Russia. The other three rail systems -…
-
Copper maintains price levelsCopper on the London Metal Exchange holds the latest price levels reached, supported by China PMI data. Metal on the LME for delivery in 3 months is measured at $ 5838.00 per tonne. The PMI index, indicating the situation in the Chinese industrial sector, was 51.8 points in March, compared with…
-
German Firm Helps Increase Steel Smelting in IranSMS Group, a private firm that builds steel, aluminum and copper smelters, has signed a $ 400 million contract to build facilities that would add 3.5 million tonnes a year to expand production in Mobarek, Iran, with potential growth to 5 million tons. At the same time, Tehran's ambitions alarmed…
-
Ferroalloy production is growing in ChinaAccording to statistics from China, in January-February this year, the country produced 5.157 million tons of ferroalloys, increasing output by 2.8% over the same period last year. Although the supply of ferroalloys and demand have faced some difficult factors this year, such as environmental…
-
Dnipro Steel Works is looking for opportunities to resume workThe shutdown of the main units of the plant was caused by the cessation of coke supplies and a shortage of working capital. At the moment, each structural subdivision has certain tasks, and in general, efforts are aimed at resuming the work of the plant as quickly as possible and starting to…
-
Coal price forecastAfter a sharp rise in coal prices in the second half of 2016, amid China's restrictions on the use of coal, the price of steam and coking coal has dropped sharply this year. But they hold above $ 80 and $ 150 per tonne, respectively, and the market is still trading well above the last multi-year…
Pages
← previous
next →
