Metallurgy news
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Coal from Ukraine goes to RussiaDonbass started sending coal to Russia. This is an attempt to find funds for the functioning of the rebellious region. The supply of coal to Russia leads to a complete change in the direction of trade. Until now, raw materials from Donbass were sent to Ukraine. However, there has been an escalation…
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Zaporizhstal is ready to actively promote environmental monitoring in the regionAt the meeting of the Zaporizhzhya Regional State Administration, the main issue was discussed - the acquisition and installation of stationary posts for monitoring environmental pollution and the acquisition of a mobile laboratory for environmental monitoring. Igor Chernyak, Director for Labor…
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US miners seek help from TrumpThis week, miners renewed their call for the Trump administration to bolster the industry as coal exports continue to fall. Amid fears over spending cuts in the federal budget, coal companies, energy groups and labor unions sent a letter to President Donald Trump asking him to support the level of…
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JSW Steel Reports Significant Growth in Steel Production for FebruaryJSW Steel, one of the largest steel producers in India, increased its crude steel output by 24.9% in February 2017 compared to February last year. The company's production of flat steel products increased by 23.1% during the month compared to the corresponding period last year. The output of long…
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Iron Ore Price Rises AgainIron ore futures traded 5.5% higher in China, pushing aside the February 21, 2017 high. Experts see 3 reasons why iron ore prices are rising: First, investment in China's fixed assets rose in January and February, while demand for steel remains solid. Private sector investment, which accounts for…
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Chilean miners provide support to copper prices in LondonCopper on the London Metal Exchange received a higher price in response to a long strike in Chile from the Escondida copper mine. Metal on the LME for 3-month delivery traded at $ 5840.50 a tonne, after a 0.4 percent increase. Two months ago in Chile, a strike of 2,500 miners began at the world's…
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Vale mothballs century-old nickel mine in OntarioVale says a combination of factors led to the decision to close the Stobury mine in Sudbury, Ontario, including metal prices, mining inefficiencies, and recent seismic activity that has kept workers from sinking lower to mine. After 100 years of operation, the mine has come to the end of its…
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Chinese steel exports hit three-year low in FebruaryShipments of steel products from China in February this year fell to their lowest level in the last three years. At the same time, exports fell sharply compared to the previous month and the corresponding period last year. The country exported 5.75 million tons of steel in February, down 22.5% from…
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ThyssenKrupp announces net incomeThyssenKrupp Germany reportedly issued a financial report in February of the current fiscal year 2016/2017, which states that it made a profit in the first quarter (October-December 2016). ThyssenKrupp's sales and profits have been improved over the same period last fiscal year. After adjustments…
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Brazilian iron ore exports fell in FebruaryBrazilian iron ore exports totaled 25.73 million tonnes, down 14.1% from the same period last year. In February, exports of Brazilian iron ore reached $ 1.47 billion, an increase of 114.3% over the same period last year. In February, exports of semi-finished products from Brazil totaled 822,605…
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