Metallurgy news

• Metinvest presented a project of ecological reconstruction of a blast furnace at Azovstal to the public of Mariupol Metinvest Group is investing UAH 2 billion in the reconstruction of blast furnace (BF) No. 3 at the Azovstal metallurgical plant. The expected reduction in dust emissions is 80%. In addition, by 2021, the company will allocate more than UAH 2.2 billion for the implementation of environmental... 15.11.2017  09:48

• Germany burns too much coal Germany is seen as a world leader in the fight against climate change. Thanks to investments in renewable energy sources, wind and solar power now provide a third of electricity, more than double the share of the United States. Germany's goal of reducing carbon emissions by 40 percent by 2020 is... 15.11.2017  09:40

• Japanese aluminum industry may consider developing quality assurance guidelines after Kobe Steel scandal The Japan Aluminum Industry Association may consider developing common sectoral quality assurance guidelines if, following the quality control scandal that engulfed Japan's Kobe Steel Ltd, it receives requests from member companies to do so. Mitsuru Okada, chairman of the Japan Aluminum... 14.11.2017  10:34

• Rebar futures are on the rise in China China's steel rebar futures were higher as production continued to decline in the country's major steel cities amid tackling winter air pollution. The most active rebar contract on the Shanghai Futures Exchange climbed 0.6 percent to 3,794 yuan ($ 570.68) a tonne. Capacity utilization at... 14.11.2017  10:19

• Results of Ukraine on the production and consumption of rolled metal products for 10 months During January-October 2017, Ukraine produced 15.15 million tons of rolled metal, which is 15% lower than the corresponding last year's results. According to ETR-SPECTR LLC, during this period, exports reached 11.86 million tons, which is 78.3% of the total. Then, as for 10 months of 2016, exports... 14.11.2017  09:57

• One of the largest miners in the world is about to leave coal Just five years ago, it would have been almost unthinkable that one of the largest mining companies in the world had not mined coal. Now it will become a reality. The Rio Tinto Group, the world's second-largest miner mining sector, has been steadily pulling back from coal mining to focus on... 13.11.2017  10:58

• Metals prices rise on the London Stock Exchange Copper on the London Metal Exchange rallies at the start of the new week. Metal on the LME in 3-month deliveries costs $ 6,810.00 per tonne, up 0.4%, according to brokers. However, the situation is much better for nickel, which increased by 1.7% to USD 12,315 per tonne. However, the copper price... 13.11.2017  10:48

• ArcelorMittal: steel losses in the third quarter The third quarter of the year proved to be weaker for ArcelorMittal, especially in the steel segment. After three quarters of the year, the company still has a much better performance than last year. For three quarters, EBITDA amounted to $ 6.267 billion, which is 36.4% more than a year earlier.... 13.11.2017  10:38

• Hebei in China to reduce steel capacity by 20 million tons in 2018-2020 China's largest steel province, Hebei, plans to cut about 20 million tonnes of its steel production capacity between 2018 and 2020, the provincial government said in a statement on its Weibo Twitter account on Friday. Hebei, which accounts for nearly a quarter of China's total steel production,... 11.11.2017  10:38

• Economic activity and steel demand expected to pick up in Latin America in 2018 After 4 years of stagnation and crisis, the region has changed, thanks in part to Argentina and Brazil, better world trade conditions, a recovery in commodities and global growth. According to the latest forecast from the International Monetary Fund, the region will grow by 1.2% this year and... 10.11.2017  14:22