Metallurgy news

• Dneprospetsstal: production results in January 2017 In January 2017, PJSC "Electrometallurgical Plant" Dneprospetsstal "named after A.N. Kuzmin ”delivered 20,290 tons of steel, which is 5.1% less than last month. During the same period, the Company produced 14,173 tons of rolled metal, which is 4.1% more than in December 2016. The total cost of c... 28.02.2017  18:19

• Copper stalled growth after Trump's speech Copper stabilized on Monday as markets anticipated further increases in US infrastructure spending from President Donald Trump this week, but production outages at the world's two largest copper mines have supported prices. The metal hit its highest from May 2015 to February 13 amid news of a... 28.02.2017  11:36

• EU expects steel consumption to rise in 2017 and 2018 The Economic Committee within the European Association of Steel Producers (EUROFER) predicts that the European economy will continue its growth trend in 2017. He expects an increase in growth in construction activity in 2017. In addition, commodity prices are likely to continue to rise throughout... 28.02.2017  11:23

• Trump intends to increase military spending President Donald Trump, in his draft federal budget for fiscal 2018, plans to increase military spending by $ 54 billion, or nearly 10 percent, White House officials said. “My budget will be the public and national security budget. The budget assumes a historic increase in defense spending, to r... 28.02.2017  11:05

• Intertype signs five-year contract with American Progress Rail Services Ukrainian industrial company Intertype has signed a five-year contract with the leader of the North American rail sector, Progress Rail Services, to supply the company's railroad wheels and axles. Under the terms of the contract, Intertype will annually supply the American company with over... 27.02.2017  10:32

• China becomes Germany's most important trading partner for the first time In 2016, China became Germany's top trading partner for the first time. Imports and exports between the two countries amounted to around 170 billion euros, according to data from the Federal Statistical Office. In second place is France with a good turnover of 167 billion euros. The United... 27.02.2017  10:08

• In January, the level of iron smelting in Asia increased by 5.5% Smelters from six major Asian countries, members of the global association World Steel, were able to increase their pig iron production by 5.5% in January 2017 on an annualized basis. Based on information from the WSA in numerical terms, this is 75.181 million tons. The level of pig iron... 27.02.2017  09:13

• German companies hope to increase trade with Russia Nearly two-thirds of German companies on the Russian market continue to operate despite the current economic sanctions and expect to see an increase in trade with Russia in 2017, the German Committee for the Eastern Economy and the German-Russian Chamber of Commerce reported on Friday. 63... 26.02.2017  12:15

• Special gas price for Belarus The Ministry of Energy of Belarus announced that it had reached an agreement on gas prices with Russia. The parties agreed that Minsk will pay for raw materials as much as gas consumers in the Yamalo-Nenets Autonomous Okrug. In practice, this means that Belarus will have one of the lowest gas... 26.02.2017  12:02

• China's steel production rises in January China's crude steel production was 67.2 million tonnes in January 2017, unchanged from December 2016, up 7.4% from the same period in 2016, according to the World Steel Association. Daily steel production remained at 2.168 million tonnes, unchanged from December 2016. For eight consecutive... 26.02.2017  11:53