Metallurgy news

• European aluminum group calls for global forum on overcapacity European Aluminum is committed to creating a global forum for excess capacity with transparent data and monitoring tools. Ahead of next week's G20 summit in Hamburg, the group said the G20 must "address the current overcapacity situation in China, which is causing global imbalances in the... 30.06.2017  09:44

• China to ban coal imports in small ports from 1 July China will not allow coal imports in small ports from July 1, state-owned China Securities Times reported Wednesday. This is likely to delay fuel supplies during the summer and support further price increases. Coking coal futures in China rose nearly 8 percent on Thursday. The newspaper did not... 30.06.2017  09:18

• Russian imports of stainless steel rose in May In May 2017, Russian imports of stainless steel amounted to 30,979 tons, an increase of 5.1% over the previous month. The volume of imports of stainless steel products in May this year increased by 10.7% over the previous month; imports of stainless steel fittings increased 54.8% from the... 29.06.2017  12:44

• Steel consumption is growing in Iran Steel consumption in Iran has been increasing for two consecutive months and reached 3.42 million tons between March 21st and May 21st. The use of steel products increased by 22% compared to the same period last year. At the same time, Iranian crude steel production amounted to 3.53 million... 29.06.2017  12:43

• Interpipe underwent a hacker attack The Ukrainian industrial company INTERPIPE was subjected to a hacker attack carried out in Ukraine on June 27. A part of non-critical IT services suffered. Production and shipment of products is carried out in a regular mode. No equipment failures were recorded. The data on the company's servers... 29.06.2017  11:55

• Flat steel prices in Europe are going down According to MEPS International, after the decrease in pressure on steel imports from China, the activity of other Asian countries, especially India and Vietnam, as well as Turkey, is increasing. The attractiveness of imports increases as the euro strengthens against the dollar. In Germany and... 28.06.2017  11:13

• Russia may face problems due to lack of gas turbines for ships Next year, Russia may depend on external supplies of components needed to build gas turbines. Losses due to missing items can go into the millions of dollars. During the Soviet era, the production of gas turbines was concentrated on the territory of Ukraine. After the collapse of the USSR,... 28.06.2017  11:00

• Coal on the rise after significant drop in 2016 The world's largest coal consumers - China, the United States and India - boosted their coal production in 2017, sharply retreating from a record global recession last year due to the fight against polluting combustible fuels to reduce air emissions. Mining data show that production in May could... 28.06.2017  10:38

• #stayinukraine “I’m getting lost in Ukraine” - PJSC “ArcelorMittal Kryvyi Rih” announces a flash mob PJSC "ArcelorMittal Kryvyi Rih" announces the #stayinukraine flash mob "I am getting lost in Ukraine" - for those patriots of the country, city, and their company who are not ready to surrender to a foreign land and are full of strength to support Ukraine in a difficult transformational period of... 27.06.2017  13:16

• MMK increases investments in environmental projects In 2017, the Magnitogorsk Iron and Steel Works will invest 3.8 billion rubles in environmental protection. This is the highest level in recent years. The most important objects of environmental investments are the completion of the reconstruction of the sulfur trapping unit No. 2 in the sinter... 27.06.2017  12:00