Metallurgy news

• Exports of pig iron increased in Russia According to statistics, Russian pig iron exports totaled 448,000 tons in February this year, an increase of 39.6% over the same period last year, reaching the highest level from 476,000 tons in December last year. In February, Russia exported 302,000 tons of pig iron to the United States,... 22.05.2017  12:57

• Ukraine must transform the energy sector for the next heating season Despite the blockade of coal supplies from Donbass for Ukrainian thermal power plants (TPPs), the country managed to avoid large-scale blackouts. In addition, Ukraine managed to increase its electricity generation by 2.1 percent on an annualized basis in January-April, according to... 22.05.2017  11:38

• US scrap metal imports hit record high in 5 years The United States imported 1.15 million tonnes of scrap steel in the first quarter of this year, a record in 5 years, according to the US Department of Commerce. Scrap metal imports increased mainly from Canada and Mexico, as well as from the European region. In the first quarter of this year,... 21.05.2017  12:36

• Global nickel market in small surplus The global market for refined nickel shifted towards a slight surplus in March following an increase in production outstripping robust global demand, as shown by the International Nickel Study Group figures. Global production of refined in March rose more than 5 percent to 173,100 tons compared... 21.05.2017  12:14

• Coal will be Southeast Asia's most important energy source by 2030 In recent years, following an increase in demand, coal is projected to overtake natural gas to become the largest source of energy in Southeast Asia by 2030. The International Energy Agency projects a threefold increase in coal-based electricity production to 920 TWh in 2035 from just 255 TWh in... 21.05.2017  12:05

• Turkey's steel production grows 12 percent in January-April 2017 Turkish crude steel production increased 12 percent in the first four months of 2017 to 11.8 million tonnes on an annualized basis. In January-April 2017, billet production totaled 8.02 million tonnes, up 6.4 percent year on year. Steel plate output in the period rose 26.2 percent YoY to 3.8... 21.05.2017  11:50

• Belarus exported $ 1 billion worth of weapons in 2016 Last year, Belarus exported $ 1 billion worth of military equipment, the State Defense Industry Committee said. Within five years, the cost of military equipment sold abroad by Minsk has doubled. Such a large-scale export of military products has become possible thanks to constantly expanding... 20.05.2017  13:11

• China recovers flammable ice from the bottom of the South Sea for the first time After nearly two decades of exploration and exploration, China has successfully mined the so-called "flammable ice". The country's authorities qualified the result as a major breakthrough that could lead to a global energy revolution. This type of natural gas hydrate was discovered in the South... 19.05.2017  12:39

• Freeport: copper demand remains strong According to the CEO of Freeport-McMoRan Inc. (FMCG), copper demand remains strong in China, and improvements have been seen in Europe and North America. Since mid-April this year, Freeport's Indonesian division has experienced high absenteeism, which has negatively impacted the mine's... 19.05.2017  12:08

• Vale closes nickel mine in Canada One of the world's largest mining companies, Vale, plans to close its Birchtree nickel mine in Manitoba province by October 1, due to low nickel prices and low grade. The company also indicated that the 51-year-old Birchtree nickel mine is approaching depletion as a reason. Vale said in a... 19.05.2017  12:00