Metallurgy news

• Putin ratified the agreement on the construction of the Turkish Stream On Tuesday, Russian President Vladimir Putin signed an agreement on the construction of the Turkish Stream gas pipeline, which will allow, among other things, to supply gas bypassing Ukraine. The first branch of the pipeline will be ready in 2019. The signature of the Russian President is the... 08.02.2017  11:25

• ThyssenKrupp invests in Hungary More than 6 million springs and stabilizers will be produced by the plant that ThyssenKrupp will build in Hungary. The investment will amount to 35 million euros. Construction of the plant will begin in the spring in Debrecen. A plant with an area of ​​20 thousand square meters. m. assumes the cr... 08.02.2017  11:10

• Interpipe results for 2016 The Ukrainian industrial company Interpipe has summed up production results for the past year. Sales of finished goods decreased by 5% year-on-year to 572 thousand tonnes in 2016. At the same time, sales of pipes decreased by 10%, while sales of wheels increased by 22%. Export shipments accounted... 07.02.2017  10:31

• Trump signs two orders for pipeline projects President of the United States Donald Trump has signed two executive orders to promote the construction of the Dakota and Keystone XL pipelines. However, conservationists in the United States believe that the Dakota program will pollute the environment, and local tribes fear water supply... 07.02.2017  09:52

• Outokumpu Finland announces growth in stainless steel sales in 2016 Outokumpu, a global leader in stainless steel products, sold 2.44 million tonnes of stainless steel products in 2016, increasing sales by 2.6% year-on-year. Out of this volume, cold-rolled steel was 1.73 million tons, hot-rolled strip was 425,000 tons, sheet steel was 100,000 tons, long products... 07.02.2017  09:32

• Posco plans to close blast furnace at Pohang plant Posco is reportedly planning to close its No. 1 blast furnace at Pohang. The furnace is expected to be completed by December this year. Since June 1973, Blast Furnace No. 1 has been producing up to 1.3 million tons of molten iron per year. The removal of blast furnace # 1 is part of government... 06.02.2017  11:30

• Personal experience of cooperation with the Metal Energo North-West plant I would like to express my sincere gratitude to all employees of the Metal Energo North-West Plant for high-quality and efficient service. The fact is that for me, a beginner entrepreneur, it was important to find partners who would supply high-quality metal structures. I made a lot of effort to... 06.02.2017  11:04

• Good prospects for stainless steel in 2017 According to MEPS International analysts, 2016 was a record year for stainless steel production, but production will continue to grow again in 2017. Full year 2016 stainless steel production is projected to hit a record 45.5 million tonnes, up 9.5 percent year on year. The latest revised... 06.02.2017  10:34

• Import of metal products from Russia to the EU is growing Steel demand in the EU is expected to continue to recover in 2017 and 2018. The key challenge for the European Steel Association (EUROFER) is the continued growth of imports. If earlier European steel producers were worried about imports from China, then after the introduction of high duties on... 05.02.2017  13:07

• Steel demand in China will increase in 2017 Steel demand in China is forecast to grow in 2017 due to massive infrastructure projects underway in the country. According to the statistics of the professional organization, the consumption of steel in China will be between 320 million tons and 480 million tons. For infrastructure, the main... 05.02.2017  12:31