Metallurgy news

• Losses of American steel workers are higher than expected American steel company US Steel announced that the first quarter of this year ended with a loss of $ 180 million. This means that the company had a loss per share of $ 1.03. This is worse than analysts' expectations presented earlier. Analysts had expected the company's revenues to be around $... 27.04.2017  09:43

• China increased its steel production by 4.6% in the first quarter Steel production in China rose 4.6 percent year on year to 201.1 million tonnes in the first quarter of 2017, compared with a slight decline in the same period last year, the China Steel Industry Association said. The growth is the result of higher levels of manufacturability and lower base... 27.04.2017  09:32

• Growth in steel production is observed in all regions in January-March Cumulative steel production during the first three months of 2017 in thousands of tonnes, compared to the results for the same period in 2016, in percent: EC-28 42510 +3.8 Other European countries 9470 +14.6 CIS (6) 25945 +4.0 North America 29297 +7.1 South America 10338 +8.6 Africa 3409... 26.04.2017  10:37

• Polish gas flow to Ukraine ERU Trading (a subsidiary of Ukraine's energy resources), in cooperation with the Polish national oil and gas company with PGNiG SA, in 2017 will provide 218 million m3 of gas from Poland to the network of the Ukrainian operator for the supply, transportation and storage of natural gas... 26.04.2017  10:25

• Steel demand is expected to pick up in 2017-2018 The World Steel Association (Worldsteel) announced in a report in its Short Range Outlook for 2017 and 2018 that there has been a recovery in the steel market last year. In addition, global steel demand is likely to increase in 2017 and 2018. However, the rate of growth in demand in China is... 26.04.2017  09:53

• China continues tough policy to cut steel production Twenty-nine Chinese steel companies had their licenses revoked as Beijing continued its campaign to eliminate overcapacity in the sector. Notably, this happened just days after US President Donald Trump announced that he would open an investigation into cheap steel exports from China and other... 25.04.2017  12:12

• Rusal aluminum sales up 6.8% in the first quarter Russian aluminum giant Rusal said Monday that first-quarter aluminum sales were up 6.8 quarter-on-quarter to 985,000 tonnes. Hong Kong-based Rusal, the second largest aluminum producer in the world after Hongqiao in China, has remained stable in recent years after cutting capacity after falling... 25.04.2017  11:57

• World steel production in March and Q1 2017 In March 2017, the global steel production of 67 countries reporting to the World Steel Association (worldsteel) amounted to 145.0 million tons, which is 4.6% more compared to March 2016. Global steel production in the first three months of 2017 was 410.5 million tonnes, up 5.7% from the same... 25.04.2017  11:38

• Interpipe called information about violations in the operation of water treatment plants fake The fake claim was made by Viktor Pinchuk's company against the backdrop of the sudden and likely targeted dissemination of a questionable blog post 3 months ago on social media. Interpipe encourages users of social networks, who have intentionally or unwittingly become participants in the... 24.04.2017  16:07

• Trump's plan to modernize infrastructure has a positive effect on iron ore US President Donald Trump's plan to upgrade roads, ports and bridges will boost steel demand and support iron ore prices, Australian Treasury Secretary Matthias Kormann said. "Therefore, global steel demand, we believe, will continue to require significant exports of Australian iron ore." Iron... 24.04.2017  12:24