Metallurgy news

• The power of the global coal energy will increase by 43% Chinese companies will build 700 coal plants in China and beyond. The surprising numbers run counter to the year-over-year trend in China, where dangerously high levels of pollution are forcing the closure of hundreds of coal mines and curtailing steel production. In January, Beijing announced... 11.10.2017  11:10

• Iron ore dangerously close to $ 60 per ton Iron ore prices continued their downward trend on Tuesday amid continuing fears that the looming environmental contraction in China's steel production will reduce demand for steel raw materials. Ore with 62% iron in Qingdao port fell 2.6% to $ 61.01 per tonne. The best-selling iron ore on the... 11.10.2017  10:39

• Coal prices continue to rise in European ports International coal prices have continued to rise in recent weeks. The most dynamic growth was observed in European ports, according to the latest analysis by the Industrial Development Agency, which monitors the situation on the coal market. Currently, the price of coal on the world market is... 10.10.2017  10:23

• Ukrainian miners blocked crossing the border with Poland Coal miners in the Volyn region in northwestern Ukraine have blocked the road to the Yagodin-Dorogusk border crossing with Poland, according to the Ukrainian border guard. They are demanding payment of back wages. The blockade participants are workers of the mine in Novovolynsk, who have not... 10.10.2017  09:52

• Thyssenkrupp moves away from combustion engines ThyssenKrupp has created a new structure for Forged Technologies. The company announced that it will strive to create new products for industrial equipment and continue to scale down production of components for internal combustion engines. ThyssenKrupp has a strong position in the market for... 10.10.2017  09:42

• Metinvest Central GOK launches premium pellet production Reconstruction of the pelletizing plant has been completed at the Central Mining and Processing Plant of Metinvest Group. Now the production complex produces products that meet the best international quality standards. Investments in the project amounted to UAH 52 million. Thanks to the new... 09.10.2017  16:17

• India suspended price increases in October After successive price increases since July, Indian steel producers halted price increases in October as prices in China softened, coupled with lower iron ore prices. Over the past two weeks, hot rolled coil (HRC) prices in China have dropped to about $ 572 per tonne from $ 588 per tonne. But... 09.10.2017  13:28

• Argentina To Continue Dumping Investigation Of Chinese Steel Pipes Argentina's National Foreign Trade Commission will continue a dumping investigation into steel pipe imports from China, according to the country's trade minister, Miguel Brown. All products covered by the study are from China and represent welded and seamless pipes for use in the oil sector with... 09.10.2017  10:32

• Iron ore prices remain below $ 50 per ton The Australian government's Department of Industry, Innovation and Science remains firm in its forecast that the price of iron ore in 2019 will average less than $ 50 per tonne. The department's report predicts that iron ore will be $ 55 per tonne in the second half of this year, and up to $ 49... 09.10.2017  10:18

• Ilyich Iron and Steel Works signed a contract for the supply of equipment for the reconstruction of a sheet rolling mill The Mariupol Metallurgical Plant named after Ilyich Metinvest Group signed a contract with Primetals Technologies Austria GmbH for the supply of equipment for the reconstruction of the 1700 sheet-rolling shop (LPC-1700) worth more than $ 25 million. Under the terms of the contract, the Austrian... 07.10.2017  12:09