Metallurgy news

• PJSC "ArcelorMittal Kryvyi Rih" reduces waste by applying innovative solutions PJSC "ArcelorMittal Kryvyi Rih" uses blast furnace slag as a ballast layer for the railroad bed instead of traditional crushed stone. This practice is used for the first time in Ukraine and allows the company to reduce waste and reduce the share of purchased crushed stone. For all types of... 16.05.2018  13:41

• Turkey's steel sector results for the first quarter In the first quarter of 2018, Turkey's metallurgical industry production performance reflects robust growth compared to the corresponding prior year. Nevertheless, there was a decrease in the volume of exports of rolled metal products. Consumption of long products of our own production in the... 15.05.2018  10:22

• The specter of overproduction haunts China's steelmakers again Expectations of an uptick in steel production in China, along with signs of weakening demand, are pooled, creating worries for Chinese steel companies. Steel prices in China have weakened this year after two years of gains, and steel rebar traded in Shanghai fell 15% from a peak in December amid... 15.05.2018  10:04

• North Korean coal traders hope for sanctions relief Some North Korean traders are offering cheap coal to Chinese buyers who are stockpiling raw materials in ports in the isolated country, hoping that recent diplomatic moves will ease sanctions banning North Korean coal purchases, three Chinese traders said. Official data show that China has not... 15.05.2018  10:02

• Metallurgists in China hoping for higher demand Steel prices in China rose on Friday amid growing optimism about demand as metal inventories continued to fall, property purchases picked up and coke anticipated a cut in production in Jiangsu province. “The demand for Chinese steel continues to exceed expectations. Investments in real estate a... 14.05.2018  12:14

• Donald Trump closes NASA's climate program The White House has decided to close NASA's program to monitor carbon dioxide emissions into the atmosphere. NASA's Carbon Monitoring System (CMS) research program focused on finding and monitoring sources of carbon dioxide emissions into the atmosphere that are causing global warming. It cost $ 10... 14.05.2018  11:59

• What is the EU ready to sacrifice for the sake of climate protection? Energy-intensive industries find themselves in a difficult environment in the European Union. The growing costs of climate policy, directly or indirectly, due to rising energy costs, significantly impair their competitiveness. Will the production of steel and rolled metal products survive or will... 10.05.2018  13:45

• Global steel industry poised for robust growth in 2018 Available data indicate a gradual downward trend in world prices for iron ore, coking coal and scrap metal from current levels. This sounds good for the steel industry, which is seeing a surge in demand. The WSA's short-term forecast predicts a 1.8% growth in global steel consumption in 2018,... 10.05.2018  13:34

• Export of pipes from South Korea to the USA will be stopped from June Exports of pipeline products from South Korea to the United States are likely to be virtually stopped from next month, as the export quota set by the US Department of Commerce will apply from January 1 this year, rather than May 1. Based on customs data, South Korean steel pipe suppliers... 10.05.2018  13:25

• Copper prices influenced by Trump's decisions and demand in China On Tuesday, copper on the LME lost 81 USD, or 1.2%, to USD 64,745 per tonne. The metal reacted with a drop in quotes to earlier speculation in the markets, which was provided by US President Donald Trump with a statement about the US withdrawal from the nuclear contract with Iran. The... 09.05.2018  13:33