Metallurgy news

• American producers are moving away from oil shale American oil rose 5.1 percent last week. This was the second week in a row that the raw material gained value. The price of oil is influenced by Maria, the third hurricane this month. In addition, American producers are reluctant to extract shale oil, which also drives up prices. Last week, the... 18.09.2017  10:35

• Chinese production will grow by 3-5 percent in 2017 Despite the closures of small, aging factories, steel production in China is expected to grow 3 to 5 percent in 2017 from last year, according to a CISA official, as price increases prompted large players to smelt more metal. This year, the world's largest steel producer, China, will receive... 18.09.2017  09:27

• The largest spinner in Ukraine will be shown in Dnipro Dnipro metallurgists have created a spinner that can enter the Ukrainian Book of Records as the largest spinner in the country. The record will be recorded at the festival of science, technology and modern technologies Interpipe TechFest in Dnipro on September 16-17. The weight of the... 15.09.2017  12:53

• Seasonal fluctuations in iron ore in China Last Wednesday, Chinese iron ore futures showed a slight negative trend, which is explained by profit-taking by investors after the last jump in prices by more than three percent. This growth is due to a seasonal increase in demand for steel, primarily due to the increased activity of the... 15.09.2017  11:59

• Lithuania's performance against Nord Stream 2 and the Belarusian nuclear power plant During a meeting with parliamentarians from Finland, Sweden, Norway and Denmark, the Lithuanian Minister of Energy raised the issue of energy security in the Baltic region, including the construction of Nord Stream 2 and a nuclear power plant in Belarus. The Minister stressed that the planned... 14.09.2017  13:27

• Steelworkers want to increase investment as prices rise Global steel prices are rising, which should reassure lending institutions that borrowers are on track for repayment and help producers attract more resources for investment. Worldwide HRC prices rose from $ 470 per tonne in April 2017 to $ 580 per tonne in August 2017. The driving force behind... 14.09.2017  10:26

• Dneprospetsstal: production results in August 2017 In August 2017, PrJSC Electrometallurgical Plant Dneprospetsstal named after A.N. Kuzmina ”delivered 23,251 tons of steel, which is 10.0% more than the level of the previous month. During the same period, the Company produced 14,376 tons of rolled metal, which is 3.7% more than in July 2017. The ... 13.09.2017  16:19

• Russia remains dependent on the Ukrainian gas transmission system Gas transmission from Russia to Europe using the Ukrainian gas transmission system increased by 20 percent. Moreover, this year promises to be the best for Kiev for more than five years. Last week, the Russian gas giant transported 315 million cubic meters of gas daily through Ukraine. Ukrainian... 13.09.2017  10:59

• Primary aluminum production in the US remains low Despite slow price increases, primary aluminum production in the United States has fallen by more than 50% since January 2015. The United States consistently produced about 140,000 tons of aluminum each month until mid-2015, when production slowed significantly. Since April 2016, primary aluminum... 13.09.2017  10:40

• Copper in London goes down close to $ 6700 per ton Copper prices on the London Metal Exchange are falling, remaining slightly above $ 6700 per tonne. Metal on the LME for 3-month delivery trades at $ 6,707.00 per tonne, after falling 0.6 percent. Most industrial metals have lost their value. Changes in the Chinese leadership could be a turning... 12.09.2017  12:23