Metallurgy news

• German court: Opal is available to Gazprom A court in Düsseldorf confirmed its July decision to lift the ban on the auction for the additional capacity of the Opal gas pipeline. According to the operator, this court decision is final. This means that gas from Nord Stream will be able to flow to the south of Europe more than before. The ... 16.10.2017  14:52

• In October, Ukraine plans to produce 2 million tons of steel It is expected that in October the volume of steel production in Ukraine will be about 2 million tons, remaining at the same level as in September. Steel production in Ukraine for the first nine months of 2017 decreased by 13.5% to 15.8 million tons at an annual level. Steel production in... 16.10.2017  14:33

• China imports over 100 million tons of iron ore Iron ore imports to China rose to a record high in September. In addition, the country's drive to clean up the environment has fueled demand for higher quality materials from overseas, exacerbating the plight of local mines. Prices have increased. According to customs officials, purchases of... 16.10.2017  14:26

• Copper prices remain high Copper prices on the London Metal Exchange are stable and maintain their highest level in 5 weeks. There are concerns about a possible shortage of metal. Copper on the LME with 3 months shipping costs $ 6803.00 per ton, brokers say. On the Shanghai Metal Exchange, copper rose 1% on the last day... 13.10.2017  09:34

• China began to carry out winter steel production cuts a month earlier In China's largest steel city, Tangshan, factories were ordered to cut production a month earlier than expected to meet tough air quality targets in 2017, according to a notice issued by the municipal government. The central government announced in August that 28 cities in and around Hebei will... 13.10.2017  09:13

• Anti-dumping import duties on cold rolled stainless steel The Malaysian government has imposed temporary anti-dumping duties on cold rolled stainless steel imports from China, South Korea, Taiwan and Thailand, establishing sufficient evidence to continue their investigation. The duties, which range from 7.27% to 111.61%, and will be valid for no more... 13.10.2017  08:52

• Fed policy boosts commodities Federal Reserve Chairman Janet Yellen noted that she will continue to raise interest rates and begin to cut the balance sheet. Under normal circumstances, this policy should lower commodity prices. But this is not happening. In recent history, the balance sheets of the major four central banks -... 12.10.2017  10:25

• Ukraine harvested grain from 78 percent of the area Ukrainian farmers have harvested 43.7 million tonnes of grain with an average yield of 3.86 tonnes per hectare this year, the agriculture ministry said on Tuesday. Farmers, as of October 10, dropped 78 percent of the grain from the 14.6 million hectares planted with grain. The ministry said... 12.10.2017  10:16

• India aims to oust Japan as the world's second largest steel producer Steel demand in India is gaining momentum amid extensive infrastructure construction. Minister of Industry Secretary Aruna Sharma said: "We expect domestic consumption to increase over ten years, starting in 2020." Currently, the annual capacity of all steelmaking plants in India is 126... 12.10.2017  08:47

• The construction industry needs to increase the range of rolled metal products During the last International Metallurgical Forum "Science and Innovations" the Executive Director of the USCC Vyacheslav Kolesnik spoke about the needs of the Ukrainian construction market in a wide range of rolled metal products. Speaking to the forum participants, Vyacheslav Kolesnik said... 11.10.2017  12:41