Metallurgy news

• Smog in Hebei forces steel cut in 2017 China's northern province of Hebei has pledged to continue to cut steel and iron production capacity in 2017 in an attempt to counter the severe smog that plagues the province's residents. The provincial lieutenant governor has unveiled a wave of measures for 2017 to tackle smog, including a... 23.01.2017  10:12

• Climate change links disappeared on White House website Less than an hour after President Donald Trump was sworn in, tabs on climate change and health insurance reform, known as Obamacare, have disappeared from White House websites, but no information has emerged on the new immigration policy. The Trump administration announced shortly after the... 22.01.2017  13:08

• Italian government completes collection of bids for the purchase of ILVE According to Commissioner Enrico Laghi, the collection of applications for the acquisition of the ILVE steel plant should be completed in February, and the purchase of the plant will be possible in the fall. Applicants include ArcelorMittal Marcegaglia and the Jindal consortium. Enrico Laghi... 22.01.2017  12:30

• Exports of ferrous metals increased in Russia According to the latest data from the Federal Customs Service of Russia, the export of ferrous metals in Russia increased by 3.2%, to 39.32 million tons in January-November last year compared to the same period in 2015. Russian pig iron exports rose 1.2% to 593,000 tonnes and semi-finished steel... 20.01.2017  10:29

• S&P Raises Iron Ore Price Forecasts The ratings agency Standard & Poor's has raised its price forecasts for some of Australia's major export commodities. Iron ore prices are currently expected to average $ 55 per tonne in 2017, up from the agency's previous estimate of $ 45 per tonne. Prices are expected to be at $ 50 per ton in... 20.01.2017  10:17

• China looks forward to a new model of relations with the United States and partnership with Russia Chinese President Xi Jinping said during a visit to the UN headquarters in Geneva that Beijing would seek a new model of relations with the United States, adding that protectionism would not benefit either country. Great powers must “keep in check what separates them,” and “trade protectionism wi... 20.01.2017  09:53

• Philippines Revoke Environmental Permits for Nickel Mining Projects The Philippines has revoked permits for several mining projects. This applies to four mines, including the ban on Norway's Intex Resources project to develop a nickel mine in the Central Philippines on Mindoro Island. The planned total investment is US $ 2.5 billion. Philippines Minister of... 19.01.2017  10:14

• TMK of Russia sells non-core assets The Pipe Metallurgical Company, one of the world's leading producers of pipes for the oil and gas sector, is selling non-core assets to reduce debt. TMK announced that it had sold its scrap metal recycling subsidiary TMK CHERMET for RUB 6.2 billion, which is about US $ 104.75 million. TMK... 19.01.2017  09:56

• US steel imports grow for the first time in 20 months According to data released by the US Department of Commerce, US steel imports totaled 2.544 million tonnes in November 2016, showing an increase of 14.3% over the same period in 2015 and up 3.3% over October of the previous year. for the first time in almost 20 months. Imports of semi-finished... 19.01.2017  09:42

• Steel smelting in Kazakhstan in 2016 Data released by the Statistical Commission of Kazakhstan shows that crude steel production in 2016 increased by 9.2% compared to the same period in 2015. Refined copper production also rose 3.1%, while refined zinc production rose 0.5%. Kazakhstan produced 371,700 tons of steel in December... 19.01.2017  09:25