Metallurgy news

• 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

• Steel prices in China have risen Steel prices in China rose on Monday, recovering some of their losses last week, as investors are betting on tighter supplies due to government cuts, offsetting concerns about slow demand and rising inventories. Recently, the government has focused on the fight against induction furnaces that... 27.06.2017  11:46

• PJSC "Dneprovsky Metallurgical Plant" held a meeting of the management with representatives of trade unions and city authorities On June 26 at 15.00 in the assembly hall of the engineering building, a joint meeting of the administration of Dnipro Metallurgical Plant PJSC and the trade union activists of the enterprise - chairmen of shop committees, trade union activists of structural divisions of both trade unions of DMK,... 26.06.2017  22:54

• Severe weather conditions in China will slow down demand for steel Unfavorable weather conditions and a severe storm in southern China are dampening demand for steel for construction purposes. Since construction work in the region has been suspended, the price of steel products may decline in the short term. Price gap holds for rebar and hot rolled steel... 26.06.2017  12:20

• EU launches anti-dumping investigation on low-carbon ferrochrome imports from three countries The European Commission has announced an anti-dumping investigation into low-carbon ferrochrome imports from China, Russia and Turkey. The complaint came from the Association of European Ferroalloy Producers on behalf of the sole EU producer with low ferrochrome Elektrowerk Weisweil GmbH.... 26.06.2017  11:36

• Russian exports of ferroalloys fell in annual terms According to Russian customs statistics, exports of ferroalloys totaled 57,365 tonnes in April 2017, down 17.5% from 69,504 tonnes in the previous month. In January-April 2017, Russia exported 238.505 tons of ferroalloys, which is 20.5% lower compared to the same period last... 26.06.2017  11:23

• Production of iron ore raw materials increased in Ukraine in May The GOKs and mines of Ukraine in May 2017 produced 6.076 million tons of iron ore, which is 1.6% or 97.5 thousand tons more than in April. Average daily production of unprepared iron ore amounted to 133.9 thousand tons, which is less than 22.0 thousand tons in April, and for prepared raw... 26.06.2017  11:16

• Factors of rising prices for zinc and copper DOLLAR: Industrial metals are supported by a weaker US currency, making dollar-denominated commodities cheaper for non-US firms, potentially boosting demand. ZINC: Zinc rose 1.9 percent to $ 2,689 per tonne. It previously touched $ 2,703.5, the highest since April 7, as the market focuses on... 23.06.2017  11:43

• Aluminum hovers near 6-week low Aluminum prices have slipped to nearly a weekly low in recent days as the market is at risk of overproduction amid rising supplies and exports from the world's largest producer, China, as well as lower production costs and higher inventories. Aluminum exports from China have increased in recent... 23.06.2017  11:36

• Technologies 4.0 for Ukrainian industry were discussed in Dnipro On June 22-23, Interpipe NTRP hosts a conference "Technologies 4.0 in Industry". Its organizers are the Association of Industrial Automation Enterprises of Ukraine (APPAU) and the Ukrainian industrial company INTERPIPE. The participants of the event are about 80 representatives of industrial... 22.06.2017  17:32