Metallurgy news

• Deutsche Bank on the rise of Ferrexpo PLC shares In its latest report, Deutsche Bank raised its target price for Ferrexpo PLC (LON: FXPO) from 185.00GBX to 205.00GBX with a potential 0.82% upside. Ferrexpo Plc operates in mines and a processing plant near Kremenchug in Ukraine. The Company's activities are vertically integrated: from iron ore... 08.01.2017  14:19

• Trump wants to have good relations with Russia despite hacker attacks According to American intelligence, Vladimir Putin wanted to help Donald Trump win the election while discrediting Hillary Clinton. However, Trump still doesn't believe it. Washington /New York - US President-elect Donald Trump has reiterated that he wants to maintain good relations with Russia,... 08.01.2017  12:28

• Russia supplies record amount of gas to Europe Due to cold winter weather and a decrease in its own gas production in Europe, Russian energy giant Gazprom is once again supplied to Europe with a record daily amount of 615.5 million cubic meters of gas. The supply growth continues almost daily. Thus, the third record year for Russian gas... 08.01.2017  12:07

• US Steel plans to reopen shutdown plant US Steel announced this week that it plans to reopen its shutdown plant in Keewatin, and previously laid off employees will be given jobs back. These plans stem from the fact that American steel production was a common theme at Donald Trump's rallies during the presidential campaign. US Steel... 07.01.2017  13:19

• New oil field discovered in Belarus In December last year, Belorusneft discovered an oil field in the country with forecasted reserves of 1.69 million tons of hydrocarbons. Exact reserves will be established after the second exploration well is surveyed. This was announced by a Belarusian company. Earlier Belorusneft announced... 07.01.2017  13:00

• Iran increases steel exports by 55% Iran's steelmakers are expected to export around 5.7 million tonnes by the end of the current fiscal year (March 2017). In the nine months ended December 2016, major steel producers exported more than 4,120,000 tons of steel products, registering an increase of 55% over the same period last... 07.01.2017  12:49

• 2017 Predictions: Gold - Stocks - Trump - Putin - Military Action Jason Hamlin, who provides consulting services for Fortune 500 companies around the globe, has made some predictions for 2017 on the most important points. The gold price will rise above $ 1,500 in 2017, with the potential to revert back to historic highs in the event of a currency crisis, major... 06.01.2017  12:49

• China invested 343 billion euros in renewable energy sources China is promoting the expansion of renewable energy sources. The National Energy Administration (NEA) announced on Thursday that it will invest 343 billion euros between 2016-2020 in a program to expand alternative energy sources to coal. This should lead to the creation of over 13 million jobs... 06.01.2017  11:51

• Toyota wants to be good company for US citizens after Trump's threats US President-elect Donald Trump has threatened high penalties if Japanese manufacturer Toyota produces cars in Mexico for the US market. Toyota wants to build a new plant at Baja in Mexico to manufacture Corolla models for the United States. Trump tweeted Thursday, "No way ..." Japanese... 06.01.2017  11:35

• Russian sanctions destroyed 400,000 jobs in Europe The economic war with Russia cost the EU countries almost 18 billion euros in 2015. Trade relations have been hit hard, new research by the Economic Research Institute (WIFO) published by derStandard shows. Vienna is a small supporter of EU sanctions against Russia. “Austria is against s... 05.01.2017  14:06