Metallurgy news

• 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

• Chile Possible New Copper Mine Strike This year, the Quebrada Blanca mine produced 17,300 tonnes of copper, and Chile is the world's leading copper producer. Teck Resources' union at the Quebrada Blanca copper mine on Wednesday rejected a contract offer from a Canadian miner, increasing the likelihood of a strike, the union... 01.12.2017  11:39

• World gold production will grow in the coming years The BMI Research report says that global gold production growth in the coming years is based on the forecast of higher gold prices and solid projects in key countries. The firm predicts modest output growth in the Russian gold sector, while the US sector will see robust growth in gold... 01.12.2017  11:29

• New World Order Reconstructs Stainless Steel Market Global stainless steel production reflects the shift in relative size and influence between the developed and emerging economies of the world, writes MEPS Global in a new report. Primary stainless steel production in China has grown nearly fivefold since 2006, accounting for about 55 percent of the... 30.11.2017  13:37

• Ukraine took 18th place in the rating of European gas hubs For the first time, Ukraine was included in the annual survey of gas hubs of the European Association of Energy Traders (EFET). In the rating of the association, Ukraine received 3.5 points and lost to such hubs from the UK (NBP), the Netherlands (TTF), Belgium (ZTP), Germany (NCG).... 29.11.2017  11:50

• Iron ore will return to $ 50 - Goldman Sachs Goldman Sachs analysts expect iron ore prices to drop to $ 50 per tonne in 2018 as global supply surges as VALE's strategy to increase production from its giant S11D mine in Brazil, while Chinese demand for raw materials for steel production is decreasing. Goldman forecasts show that iron ore... 29.11.2017  11:39