Metallurgy news

• Sierra Leone sells one of the world's largest diamonds The egg-sized gem known as the "Peace Diamond" was purchased by British jeweler Laurence Graffou. One of the world's largest diamonds ever sold at auction in New York, receiving a lower-than-expected price of $ 6.5 million The 709-carat World of Diamond is one of the largest ever discovered in... 06.12.2017  10:34

• Metinvest strengthens its position in the Italian market Metinvest Group has achieved an increase in the size of ships calling at the Italian port of Porto Nagaro. The first ship with metal products - slabs - from Mariupol arrived at the port at the end of November. Metinvest, together with the Italian company Fratelli Cosulich, has implemented a... 06.12.2017  10:21

• Belarus buys Russian gas 50 percent cheaper than Europe The prices for gas imports from Russia to Belarus are 40-50 percent lower than the sales prices for Russian gas on the German market and other European countries. Poland buys gas from Russia at about $ 280-290 per thousand cubic meters, which is more expensive than for Germany ($ 265-275 per... 06.12.2017  10:13

• Kazakhstan shocks uranium market On Monday, the world's largest uranium producer surprised market experts with a larger-than-expected cut in production. State-owned Kazakhstani producer Kazatomprom has announced its intention to cut U 3 O 8 output by 20% or 11,000 tonnes (about £ 28.5 million) over the next three years, ... 05.12.2017  11:05

• Ukrainian gas transit increased by 15.9% in 11 months During 11 months of 2017, Ukraine increased the transit of natural gas through its gas transmission system (GTS) by 15.9%, by more than 11 billion cubic meters. meters in the same period last year. PJSC "Ukrtransgaz" reports on the transit volume of 85 billion 504.8 million cubic meters.... 05.12.2017  10:50

• Azovstal in 11 months increased production of rolled products by 13.2% The Azovstal metallurgical plant (Mariupol, Donetsk region) in January-November 2017 increased the production of general rolled products, according to operational data, by 13.2% compared to the same period in 2016 - up to 3.499 million tons. As the representative of the enterprise informed the... 05.12.2017  10:46

• Copper shouldn't be so expensive in 2018 Copper prices are declining slightly on the London Metal Exchange. Metal on the LME for three-month shipments now costs $ 6,810.00 per tonne, after a 0.2 percent decline. According to BMI Research analysts: "Next year, industrial raw materials, including metals, will take their breath away due... 05.12.2017  10:37

• Brazilian mining regulations create new risks “The lack of a broader revision of the mining regulations could affect investor sentiment in the coming months, posing a risk to the development of the project,” says a new study by BMI Research in Brazil. Looking at the longer term, however, recent and proposed changes to the legal framework cou... 04.12.2017  10:00

• Production results of PJSC Zaporizhstal for November PJSC "Zaporizhstal" in November 2017 produced pig iron - 316.9 thousand tons, steel - 300.5 thousand tons, rolled metal - 186.2 thousand tons. Compared to November last year, the volume of pig iron production increased by 14.8 percent; steel production decreased by 3.6 percent; the volume of... 04.12.2017  09:51

• ArcelorMittal on the state of metallurgy in Europe Aditya Mittal, CEO of ArcelorMittal Europe and Group CFO, told reporters annually that good conditions and improved demand remain for the steel industry. The threat of cheaper steel imports from China has eased, but European climate policies and changes in the ETS emissions trading system are of... 01.12.2017  11:52