Metallurgy news

• Results of steel production in Russia in November and for 11 months of 2016 Russian metallurgists recorded a 5 percent increase in crude steel production in November to 5.975 million tonnes. While for 11 months, production amounted to 64.623 million tons, decreasing by 0.4% on an annualized level. During the period from January to November, the drop in steel output... 23.12.2016  10:44

• Wood Mackenzie predicts stabilization in the oil and gas market next year If the OPEC agreement is able to maintain the average oil price above $ 55 per barrel, then the oil and gas industry can have a positive cash flow in 2017, for the first time since the market crash in 2014 - Wood Mackenzie envisions. Most companies in this sector will start 2017 with stronger... 23.12.2016  10:11

• DRI production statistics Preliminary data released by the World Steel Association indicates that global production of direct reduced iron (DRI) in November this year remains more or less stable compared to the previous month. Global DRI production figures are based on figures compiled from 14 countries that accounted for... 22.12.2016  11:35

• Ukraine does not want to buy Russian gas Russia believes that Ukrainian gas reserves are too small to guarantee the transit of raw materials to the EU in the event of an increase in demand for it. And he wants to sell gas to Ukraine "at a good price," nevertheless, Kiev's reaction to the Russian proposals is negative. Why is this... 22.12.2016  11:12

• EU introduces duties on rebar from Belarus The European Union decided to introduce a preliminary anti-dumping duty of 12.5 percent on Belarusian-made reinforcing steel. The obligations are still preliminary and for the next six months the EU will conduct proceedings, and then decide whether to introduce duties for a long period. The... 22.12.2016  10:35

• Results of steel production in Ukraine in November and for 11 months of 2016 In November of this year, Ukraine smelted 1.93 million tons of steel, which is 3.1% more than in November 2015. During the period from January to November 2016, Ukraine produced 22.211 million tons of crude steel. The World Steel Association reports. This result allowed Ukraine to keep the 10th... 21.12.2016  14:01

• World's top producers of crude steel in November The top ten producing countries in the world in terms of total crude steel production during November 2016, in thousands of tonnes, are: 1.China 66290 2.Japan 8618 3. India 8010 4.US 6226 5.Russia 5975 6.South Korea 5770 7.Germany 3335 8.Turkey 2912 9. Brazil 2426 10.Italy 2076 In... 21.12.2016  13:40

• World crude steel production up 5% in November According to the latest statistics released by the World Steel Association, the 66 member countries' crude steel output was 132.402 million tonnes in November 2016, up 5.0% from 126.14 million tonnes in the same month a year earlier. Crude steel production in the Middle East region grew by over... 21.12.2016  13:25

• Australia will buy French submarines Australia and France have agreed to build 12 submarines for the Australian Navy by the French arms company DCNS for a total of A $ 56 billion ($ 41 billion). The Australian authorities chose the military shipyard DCNS as a partner for this project back in April, having rejected competitive... 21.12.2016  13:06

• Turkey's steel production rises in January-November According to the statistics of the Association of Turkish Steel Producers, in November this year, Turkey's crude steel production decreased by 2.1% compared to last month, but increased by 10.4% compared to the same period last year. In particular, the volume of steel output from electric arc... 20.12.2016  11:08