Metallurgy news

• China is modernizing its coal industry China said it plans to set up several "super-heavy" coal miners by the end of 2020 as the world's largest producer of raw materials ramps up its efforts to streamline its fragmented sector and reduce obsolete capacity. The country's National Development and Reform Commission (NDRC) has said that... 06.01.2018  12:11

• Results of production of MMC of Ukraine for 2017 In December 2017, metallurgical enterprises of Ukraine smelted 1.87 million tons of pig iron and 1.88 million tons of steel, which is 3% and 0.4% higher compared to November 2017, respectively. Rolled metal production increased by 0.7% to 1.7 million tonnes. The growth in steel and rolled metal... 06.01.2018  12:11

• China to ban new steel production facilities in 2018 China, the world's largest steel producer, has pledged to continue its efforts to reduce steel volumes. In a statement released Thursday by the Ministry of Industry and Information Technology (MIIT), the country's administration reaffirmed its commitment to curbing excess steel capacity. MIIT... 05.01.2018  11:55

• Chile and Argentina to provide significant growth in lithium production A new report from BMI Research says lithium production will expand on projects in Chile and Argentina in the coming years, with the bulk of the new capacity coming online in 2019. “We have updated our lithium production projections for Chile and Argentina to reflect the relatively slow d... 05.01.2018  11:18

• More oil from Russia to China The second line of the Russia-China oil pipeline has been put into operation, according to China National Petroleum Corp, the largest producer of petrochemical products in China. It is capable of shipping 15 million tons per year and will double the volume of oil from Russia to 30 million... 04.01.2018  12:14

• China's steel industry is growing alongside steel prices According to the National Development and Reform Commission (NDRC), steel production in China continues to rise and steel product prices rise amid a global recovery and a stronger domestic economy combined, boosting demand. The steel price index stood at 116.62 points in November, up 0.92... 04.01.2018  11:57

• Russia has produced a record amount of oil In 2017, Russia produced a record amount of oil and natural gas. In 2018, it may be difficult to repeat this result due to the OPEC agreement, to which Russia has joined, which should gradually restrict oil production in order to increase oil prices. According to the Russian Ministry of Energy,... 03.01.2018  13:05

• Zaporizhstal CEO: We ended 2017 with decent results “We ended 2017 with decent results. We held back production, carried out a large-scale ecological reconstruction of BF No. 3, reached a record for the production of pig iron, expanded the range by 8 items, reduced the cost of production, and increased the energy efficiency of production. The most i... 02.01.2018  15:50

• DMK significantly reduced its output in 2017 The Dnieper Metallurgical Plant, which specializes in the production of cast iron, steel, rolled products and consumer goods, is part of the Industrial Union of Donbass Corporation (ISD). According to the results of production in 2017, DMK reduced the output of rolled products to 1.328 million... 02.01.2018  12:09

• China becomes the world's second largest LNG importer In 2017, LNG exports to China increased by 50%. This country has become the second largest importer of this raw material in the world. The country bought over 38 million tons of liquefied gas abroad. This means that China has overtaken South Korea (37 million tons) to become the second largest... 02.01.2018  11:55