Metallurgy news

• Zaporizhstal reduced consumption of natural gas in 2016 During 2016, the consumption of natural gas by PJSC Zaporizhstal in production activities decreased to 160 million cubic meters, which is 22 percent less than 204 million cubic meters of gas consumed in 2015. The reduction in consumption amounted to 44 million cubic meters of gas. The reduction... 15.02.2017  11:17

• MEPS expects global production below 2014 level According to analysts at MEPS International, steel production at the level of 2014 will be achieved again no earlier than the next decade. They especially focus on reducing the production of blast furnace steel. The main reason for the decline in steel production will be China's policy of... 15.02.2017  10:55

• Fuel supplies at TPPs of Ukraine have significantly decreased Coal stocks in warehouses of thermal power plants (TPPs) of Ukraine in January 2017 decreased by 5.5% and as of February 1, 2017 amounted to 1.948 million tons, according to the Ministry of Energy and Coal Industry. In particular, the reserves of long-flame coal amounted to 905.900 tons, while... 15.02.2017  10:05

• Exports of ferrous metal increased in the USA The United States Department of Commerce reported that December 2016 sales rose 8% from November to 1,217,555 tonnes. American ferrous metal was exported to many major world states. Turkey is the leader in buying ferrous metal from the United States. In December last year, Turkey imported... 15.02.2017  09:31

• Chinese steel capacity increased by 36.5 million tons in 2016 A report based on a Greenpeace study indicates that Chinese steel capacity increased in 2016 despite government efforts to reduce excess steel production in various steel provinces. A study conducted jointly with Custeel, a steel consulting company led by China Iron and the Steel Manufacturers... 14.02.2017  10:32

• Azerbaijani gas will soon reach the EU The European Union will soon receive a new source of raw materials - gas supplies from Azerbaijan. The construction of the gas pipeline continues. Some EU experts say the project could harm the competitiveness of the Moscow-promoted Turkish Stream. Gas from Azerbaijan will be directed to the... 14.02.2017  09:46

• Ilyich Iron and Steel Works celebrates its 120th anniversary today The Mariupol Metallurgical Plant named after Ilyich Metinvest Group celebrates its 120th anniversary. On February 13, 1897, the first products were produced by the pipe shop of the Nikopol-Mariupol Mining and Metallurgical Society. From that day on, Ilyich Iron and Steel Works has been leading its... 13.02.2017  18:15

• New President of Germany Frank-Walter Steinmeier has long remained in the shadow of his political mentor, Gerhard Schroeder. A turning point in his career was in 2005 the post of Foreign Minister. The most popular German politician was elected president on Sunday. The winner, Steinmeier, surrounded by the party leaders,... 13.02.2017  10:52

• Interpipe delivers the first batch of railway wheels to the Saudi Arabian market The Ukrainian company Interpipe has delivered the first batch of railway wheels for the national railway operator of Saudi Arabia, the Saudi Railways Organization. Three thousand wheels have already arrived at the port of Dammam. The total supply of KLW wheels of the Saudi railway will reach 14... 13.02.2017  10:35

• China's stainless steel production hits record high China's stainless steel production was 24.9378 million tonnes in 2016, up 15.56% year-on-year, to another record high. Production of Cr-Ni steel (300 series) amounted to 12.691 million tonnes in China, an increase of 13.22% compared to the same period in 2015, accounting for 50.89% of the total... 13.02.2017  10:07