Metallurgy news

• 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

• Aluminum prices hit a new high Global aluminum prices rose steadily and reached a new high since May 2015. The rise in aluminum prices is associated with high demand for the metal, low market reserves and a reduction in aluminum production in China. According to the World Bureau of Metals Statistics (WBMS), global demand for... 17.02.2017  13:30

• Eurofer happy with European Parliament vote on carbon dioxide emissions The European Parliament has rejected a reduction in the number of carbon dioxide quotas available on the market. Axel Eggert, CEO of Eurofer, said before the European Parliament vote on the rate of CO2 emissions reductions: “More than ever, we need a good business environment today and the EU ETS m... 17.02.2017  12:05

• Brazilian Vale produced a record 349 million tonnes of iron ore in 2016 Brazilian miner Vale SA reports that the company produced a record 349 million tonnes of iron ore in 2016. Successful expansion of capacity at S11D's new mine in the Amazon Basin helped to achieve this high performance. The world's largest iron ore producer says production is at the upper end of... 17.02.2017  11:34

• Trump lifts restrictions on coal production US President Donald Trump signed a bill on Thursday to lift restrictions on coal mining previously imposed by President Barack Obama. According to Trump, the cancellation allows mining companies to save more than $ 50 million a year and save thousands of jobs. This is President Obama's second... 17.02.2017  11:26

• Causes of the emergency in the energy sector of Ukraine Due to problems with the supply of coal from eastern Ukraine, the Ukrainian government has declared a state of emergency for the energy sector. The Cabinet of Ministers of Ukraine called on citizens to save energy in everyday life and at work. If this is not enough, then the government will be... 16.02.2017  11:01

• Russia can return to the construction of the South Stream? A project that seems to be dead can still return. This was announced by Igor Ilingin, Commercial Attaché of the Russian Embassy in Bulgaria. Despite the fact that this was a statement of a relatively low-ranking diplomat, his public statement caused a strong reaction. South Stream next to the ... 16.02.2017  09:51

• European Parliament rejects faster CO2 reduction MEPs rejected further cuts in CO2 permits from 2.2 percent to 2.4 percent per year. Changes to the European Union's Emissions Trading System (ETS) anticipate a 40 percent reduction in greenhouse gas emissions by 2030. The heads of state and government of the EU received general recommendations... 16.02.2017  09:32