Metallurgy news

• Severstal keeps steel production at the level of the previous year Russia's Severstal, one of the country's largest steelmakers, said crude steel production in 2017 was 11.65 million tonnes, unchanged year over year. Steel production in the last three months of 2017 increased by 2 percent compared to the previous quarter to 3 million tonnes, the company... 21.01.2018  12:46

• Dneprospetsstal increased steel production in 2017 by 9.1 percent For twelve months of 2017, PrJSC Electrometallurgical Plant Dneprospetsstal named after A.N. Kuzmin ”smelted 258,568 tons of steel, which is 9.1 percent more than in the same period last year (APPG) and produced 169,226 tons of finished rolled products (11.8 percent more than in the APPG). For t... 20.01.2018  08:12

• Iron ore and coke in China began to rise in price, recouping a 5-day fall in prices On Thursday, Chinese iron ore futures began to rise as higher steel prices helped restore commodity prices after a five-day drop. Restrictions on steel production in northern cities in China during the winter have reduced demand for iron ore and lowered prices. Yet despite these restrictions,... 18.01.2018  10:30

• PJSC "ArcelorMittal Kryvyi Rih" launches a new complex for the transportation of iron ore In the current year, the volume of iron ore production at the mine. Artem PJSC "ArcelorMittal Kryvyi Rih" is planned to be increased to 1.013 million tons (in 2017 - 757.6 thousand tons). This will allow the enterprise to fully meet its needs in sinter ore. The growth of underground mining... 17.01.2018  13:14

• How does Trump's steel-market ploy differ from George W. Bush's 2002 trade measures? US President Donald Trump is close to deciding to manually regulate steel supplies to the US, which is reminiscent of the protectionist measures of the last Republican President George W. Bush to restrict metal imports. But any feelings of déjà vu will be misleading. as Trump's strategy to p... 17.01.2018  12:43

• PJSC "ArcelorMittal Kryvyi Rih" opens the market of the Netherlands Kryvyi Rih, January 16, 2018 PJSC ArcelorMittal Kryvyi Rih received the Kiwa certificate (Netherlands), confirming the high quality of reinforcing bars. It can now be labeled with the International Building Industry Association KOMO mark. Earlier, the company received the right to sell its... 16.01.2018  15:32

• What was the global demand for gold last year Official gold holdings with the world's central banks recorded an increase of 25%. The main buyers of the period were Russia, Turkey and Kazakhstan. Central banks around the world added 111 tons to their gold holdings in the third quarter alone. At the same time, global demand for gold jewelry... 16.01.2018  10:26

• Oil close to 2014 highs The price of WTI crude oil increases during trading on Tuesday, while Brent is moderately cheaper after a significant rise in the last session, with both marks close to their highest levels since December 2014. Brent oil futures on the London ICE Futures exchange fell 26 cents (0.37%) to $ 70 a... 16.01.2018  10:09

• The Netherlands is the largest importer of iron ore in the EU region According to Eurostat, imports of combined iron ore to the EU in the first ten months of the year amounted to 91.86 million tonnes. Imports of agglomerated ore in January-October 17 increased by 3.4% and amounted to 24.04 million tons. The top three ore importing countries were the Netherlands,... 16.01.2018  09:36

• Copper production should increase in 2018 Copper on the London stock exchange has become more than 1 percent more expensive. The weak US dollar is a strong incentive to buy commodities in this currency. Global copper production, which fell in 2017 for the first time in many years, is likely to be higher in 2018 and 2019, analyst Sanford... 15.01.2018  11:25