Metallurgy news

• Steel prices in the EU have not yet reached their peak MEPS International Limited believes that the limited supply in the European market is the main reason for the rise in flat steel prices. In the case of some products, further increases are possible, while imports are becoming more attractive. European manufacturers are planning to raise prices... 22.02.2017  10:39

• The United States reduced the export of ferrous scrap Turkey, the largest importer of US scrap metal, cut purchases by more than one-fifth in 2016. The latest data released by the US Bureau of Statistics and the International Trade Commission show a decrease in the supply of ferrous scrap outside the country during the year 2016. US scrap metal... 21.02.2017  11:06

• 10 largest copper mines in the world These mines have benefited the most from the recent surge in copper prices. This analysis covers the most significant active copper mining operations worldwide. For a more accurate comparison, copper operations have been divided into underground and open pit mining, as these mining methods use... 21.02.2017  10:47

• Gazprom Selects Pipe Suppliers for Power of Siberia Russian gas company Gazprom has selected six pipe suppliers for the construction of the Power of Siberia gas pipeline. The contracts are worth over a billion dollars. The tender includes the supply of 549.233 thousand tons of large-diameter pipes for 65.8 billion rubles. The delivery of the... 21.02.2017  10:20

• Vietnam's TDA Expands Coated Steel Sheet Production Vietnam's Ton Dong Corporation (TDA) plans to increase its coated steel sheet production capacity, which is expected to reach an annual production of 1 million tonnes between 2018 and 2019. At present, the annual production of TDA steel was about 400 thousand tons, including a cold rolling mill,... 20.02.2017  11:52

• Steel imports from the East - threats and consequences for Europe The EU steel industry has long perceived steel imports from China as a serious threat. But also the supply of steel from Ukraine and Russia is harmful to the European metallurgical industry. According to Krzysztof Kuklicza, CEO of the Polish company Sambud-2, trade from the east requires solutions... 20.02.2017  11:39

• Nickel prices are rising London Metal Exchange LME recorded an increase in nickel price to the level of US $ 10,500 /t in early February. Trading data reached about US $ 11,000 /t during the past week, up 4.4% from the previous week. In addition, nickel prices were up 5.2% from the previous month. With China's steel... 20.02.2017  11:07

• North Korean Coal Import Ban Boosts Steel Prices In China Steel product and coking coal prices rose in China amid Beijing's imposition of restrictions on coal imports from North Korea, according to the report. The effort is driven by compliance with United Nations sanctions against that country. It is expected that Chinese metallurgists will seek... 20.02.2017  10:38

• Metinvest announces recovery of steel production in 2016 Metinvest Ukraine Group, which is a holding company based on mining and metallurgical assets, announced productivity growth in 2016, including at the Ilyich Iron and Steel Works, Azovstal. The total production of pig iron was 8.82 million tons, an increase of 9.6% compared to 2015. At the same... 19.02.2017  19:21

• Big changes are coming at NTMK production NTMK is currently constructing a new mill of this manufacturer at full capacity. This construction promises about 100 jobs in the production of grinding balls. It is planned that the mill under construction will produce about 130,000 tons of products over one year. This news could lead to big... 18.02.2017  13:06