Metallurgy news

• 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

• A new director has been appointed to Intertype Vtormet Valentin Makarenko became the director of the scrap processing enterprise Intertype Vtormet. Previously, for 2 years, Makarenko held the position of commercial director. The main goal of working in the new position is to provide INTERPIPE STEEL with scrap metal necessary for the full-fledged... 09.05.2018  13:07

• China will continue to move towards quality iron ore BHP Billiton Ltd, the world's largest miner, predicts reforms in China's steel sector that will continue to favor suppliers of high-quality iron ore and coking coal as steel consumption continues to rise over the next decade. “This has led and is driving a constant demand for high quality raw m... 08.05.2018  09:47

• ArcelorMittal Buy Ilva The Italian government is trying to keep the Ilva steel mill alive. They have been looking for a new owner for several years. The problem was the cost of modernization that the plant had to go through in order for it to continue to function. However, the local authorities wanted to close the plant.... 08.05.2018  09:37

• Steel exporters oppose the US There is growing opposition to the steel and aluminum tariffs imposed by US President Donald Trump in March. India, the world's 10th largest steel exporter by value, is considering countermeasures, including the possibility of challenging US actions in the World Trade Organization. Meanwhile,... 08.05.2018  09:19

• In 2017, the EU increased its CO2 emissions Last year, the EU increased its CO2 emissions from burning fossil fuels by 1.8 percent. The European Commission announced that it will propose a long-term strategy to reduce greenhouse gas emissions. Only seven countries cut their carbon footprint from fossil fuels last year: Finland (-5.9... 07.05.2018  13:36