Metallurgy news

• The metals market rallied again after Trump's speech Copper and other industrial metals rose on the London Metal Exchange in response to President Donald Trump's speech on Friday. On the LME, copper was up 1.4 percent. Aluminum is up 1.1 percent and is rated at its highest level since May 2015. Zinc rose in price by 1.1 percent and nickel by 1.9... 24.01.2017  09:18

• Negotiations on Syria are underway in Astana The talks in Astana have been prepared under the auspices of Russia, Turkey and Iran. In addition to the Syrian government and the opposition, UN Special Representative Staffan de Mistura is taking part. Official peace talks on Syria under the auspices of the United Nations are scheduled to take... 23.01.2017  11:13

• Leading South Korean Presidential Candidate Pledges To Use Less Coal And More Russian Gas South Korea's leading presidential candidate Moon Jae is committed to downsizing coal-fired power plants and phasing out nuclear reactors in the country, while seeking to buy Russian natural gas to meet electricity demand and combat climate change. The shutdown of old coal-fired power plants... 23.01.2017  10:42

• 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