Metallurgy news

• Rusal predicts the dynamics of prices for aluminum During the Russian investment summit, Rusal stated that the price of aluminum will be stable next year, namely between $ 1,600 and $ 1,700 per tonne. The forecast is based on China's continued productivity control policy and global aluminum inventories have declined. Aluminum suppliers,... 30.09.2016  18:49

• Scrap metal exports from Ukraine fell in the first eight months of 2016 According to statistics from Ukraine, in January-August 2016, the country exported 233,378 tons of steel scrap, down 76.5% year on year. Exports generated US $ 40.99 million. At the same time, Ukraine did not export scrap metal in July and August, but exports in June amounted to 26,780 tons of... 30.09.2016  15:05

• Zaporzhstal improves the living conditions of workers In accordance with the principles of corporate social responsibility of the Metinvest Group, Zaporzhstal in 2016 will allocate UAH 3.8 million to improve the living conditions of workers. Within the framework of the comprehensive program "Working Life", which has been implemented at the... 30.09.2016  14:49

• OPEC agreed to cut oil production During a meeting in the capital of Algeria, OPEC reached an agreement for the first time in eight years to cut raw materials production. The daily production limit should be limited to 32.5 million barrels, which is 750 thousand. barrels less than in August. This decision is by prior... 29.09.2016  11:05

• Severstal partners with belgians to process coal tar Severstal and the Belgian Rutgers Group will jointly process coal tar. The new plant should be more efficient and less burdensome for the environment than the existing ones. Severstal and the Rutgers Group will establish Rutgers Severstar, which will build a new plant in Cherepovets to process... 29.09.2016  10:20

• Philippines qualifies mines for environmental protection The Philippines is the world's largest supplier of nickel ore. Since July 1, the government has launched an environmental review, which has resulted in the Philippines closing 10 mines, including 8 nickel mines, pushing the global nickel price higher. This was announced by the Philippine... 29.09.2016  10:02

• Thailand introduces anti-dumping tax on stainless pipe imports from four countries Thailand's Ministry of Commerce has announced an anti-dumping tax on imports of stainless steel pipes from China, Korea, Taiwan and Vietnam. Tax rates range from 2.38% to 310.74% and are intended for a period of five years. The tax is effective immediately from September 2016. Thailand... 29.09.2016  09:46

• Ukraine will be able to increase the volume of gas from Slovakia From October 1, the technical capabilities of gas transportation from Slovakia to Ukraine will increase. Eustream reports that an additional 1.131 million m3 of gas will be pumped eastward every day. This means that more than 18 million m3 of gas per day will be sent to Ukraine to the so-called... 28.09.2016  10:53

• Oil prices climb after the announcement of US data Oil prices rose Wednesday morning after sharp losses in the previous session, as data showed an unexpected result for US oil inventories, despite concerns about a lack of agreement among producers to curb the output of raw materials. Crude oil futures fell about 3 percent on Tuesday after Iran... 28.09.2016  10:34

• Steel imports decrease in the EU Europe has become more vigorous in defending its own market, ensuring a decrease in imports from the East. But the market situation has not changed significantly. The European Union actively opposes imports at dumping prices, especially from the eastern border. In accordance with the current... 28.09.2016  10:12