Metallurgy news

• End of the strike on Escondida Copper by the end of this week became cheaper by 2.3 percent, and last week trading ended with its growth by 3.5 percent. In Chile, 2,500 miners went on strike for more than 40 days at the world's largest copper mine, Escondida. The mine owner, Australian company BHP Billiton, wanted to impose... 26.03.2017  11:51

• Tata Steel and ThyssenKrupp continue to discuss merger India's Tata Steel and Germany's ThyssenKrupp have entered the final stages of merger negotiations for their European business, and the final result is expected to be reached in May this year. However, none of the companies can guarantee that these negotiations will lead to a final decision. On... 25.03.2017  08:53

• Indian Adani plans to invest in Australian coal project India plans to invest in an Australian coal project at the end of June this year. This decision was delayed for several years due to environmental protests against the project. Adani Group is an Indian multinational conglomerate headquartered in Ahmedabad that is interested in this... 25.03.2017  08:16

• Copper price remains volatile amid strikes by the world's largest mines Recently, the three largest copper mines dealt a blow to the supply to the global market. The Escondid copper mine in South Africa and the Cerro Verde copper mine in Peru have announced their intentions to continue their efforts, and the Indonesian Grasberg copper mine has even stopped exports. The... 25.03.2017  08:06

• China is again the culprit behind the growth in global steel production According to the World Steel Association, 126.6 million tonnes of steel were produced in February, up 4.1 percent from a year earlier. Increased production in China offset the drop in steel output in the European Union and North America In February, the Chinese produced 61.187 million tons of... 24.03.2017  16:37

• Worldsteel presented the results of global steel production in February 2017 World crude steel production from 67 countries reported by the World Steel Association (Worldsteel) grew 4.1% in February 2017 compared to February 2016 to 126.6 million tonnes China's crude steel production in February 2017 was 61.2 million tonnes, up 4.6% from February 2016. Japan produced 8.3... 23.03.2017  11:11

• Ukrainian companies buy coking coal in Canada Ukrainian companies imported CAD 48.2 million worth of coking coal ($ 36.2 million at current exchange rates) in January 2017, while no coking coal was imported in January 2016, as Canadian Ambassador to Ukraine Roman said. Wascheck. He said British Columbia has large coking coal reserves and... 23.03.2017  10:57

• Workers at Cerro Verde copper mines in Peru plan to resume strike Striking Freeport-McMoRan workers at the Cerro Verde copper mine in Peru, who were forced to return to work on Thursday following a labor ministry ruling, decided to restart the strike on March 24, a union official said. The 13-day strike of 1,300 miners, which began on March 10, was declared... 23.03.2017  10:36

• E-United Group plans to build a metallurgical plant in the USA E-United Group, one of Taiwan's leading steel makers, announces that it plans to invest around NT $ 50-60 billion to build a steel plant in the United States. The US investment project plan is mainly based on the company's long-term development strategy for expansion and future sustainability.... 23.03.2017  10:14

• INGS: global nickel deficit amounted to 1,100 tons The International Nickel Study Group (INSG) reports that in January 2017, the global nickel market continued to experience a supply deficit of 1,100 tonnes. In January, global consumption of refined nickel reached 170,100 tons, up slightly from 169,000 tons in the same month. At the same time,... 22.03.2017  12:10