Metallurgy news

• Russia continues to increase steel exports Russian exports of ferrous metal products increased on an annualized basis in January-August, while the volume of exports of raw materials changed in the other direction. Exports of steel products in August remained at 2.47 million tons, but increased by 14.3% year on year. Steel exports for the... 09.10.2018  11:42

• Nord Stream 2 has almost guaranteed funding According to Alexei Miller, General Director of Gazprom, the Nord Stream 2 gas pipeline has already provided 70% of the financing, which is in line with the schedule. However, the head of the Russian giant did not say how much the construction of the gas pipeline would cost. According to experts,... 08.10.2018  13:03

• The iron ore market directly depends on the environmental policy of China In contrast to the volatility experienced by many commodities, iron ore prices have declined over the past seven months and are hovering in a narrow range. A shift in China's winter pollution reduction strategy could wake up iron ore prices, but it is far from clear how much they could... 08.10.2018  11:51

• SSAB Europe improves efficiency in pipe production Swedish steel company SSAB is investing SEK 300 million (US $ 33 million) to improve pipe production efficiency. The two-year project will focus on centralizing the company's pipe business to ensure long-term competitiveness by increasing sales of high quality products that are more profitable... 08.10.2018  11:03

• Global stainless steel trade linked to quotas The imposition by the United States government of quotas and tariffs based on national security concerns has reduced the flow of imported stainless steel into the country. As alloy surcharges rose, U.S. mills also raised their baseline for 304 cold rolled coil by $ 200 per tonne, or 16 percent,... 04.10.2018  11:58

• Turkey significantly increases steel exports since the beginning of the year Turkish steel exports rose 12.5% ​​year on year to 11.4 million tonnes in the first nine months of the year, the trade association said. The Association of Turkish Steel Exporters (CIB) reported that the country earned $ 11 billion in January-September, up 34 percent from the same period last yea... 04.10.2018  11:44

• Production results of the metallurgical sector of Ukraine In September 2018, metallurgical enterprises of Ukraine smelted 1.66 million tons of pig iron, which is 3.7% lower than in August 2018; steel production reached 1.79 million tons, remaining at the level of August; rolled metal production amounted to 1.57 million tons, an increase of 3% compared to... 04.10.2018  10:42

• Bear killed a mining company worker in Alaska Timberline drilling officer Anthony David Montoya was killed yesterday in a bear attack on Admiralty Island, about 18 miles south of Juneau. Montoya's Hecla Greens Creek Mine produces silver, zinc, lead and gold. The mine is 100% owned and operated by Hecla Mining. The company said the... 03.10.2018  09:10

• Ukraine produced 2.8 million tons of coal in September In September 2018, Ukraine produced almost 2.8 million tons of coal, which is 1.5% less than planned. This is evidenced by the data of the Ministry of Energy and Coal Industry. “In September 2018, 2 781 626 tons of coal were produced at coal mining enterprises of Ukraine of all forms of o... 03.10.2018  08:47

• EU lags behind global growth in steel production The EU-28 countries lagged behind the global growth in steel production during August 2018. While global production recorded 2.6% year-on-year growth, European production rose only 1.4%. However, Germany, Spain and Italy recorded significantly more growth, being the top three steel-producing... 03.10.2018  08:40