Metallurgy news

• Brazil Sharply Increases Iron Ore Exports In November Brazilian iron ore exports totaled 31.439 million tonnes during November. This is up 12.3% when compared with exports during the corresponding month last year, when the country exported 28,000 million tonnes of iron ore. In addition, the country's total export value increased substantially, by... 16.12.2016  11:43

• China refutes EU and US allegations of steel market problems China exports only about 10 percent of total steel production, well below 40 percent of some developed countries' steel producers. However, the United States and some European Union member states regularly accuse China of overcapacity in the global steel industry and conduct anti-dumping... 16.12.2016  11:27

• Dneprospetsstal summed up production results in November 2016 In November 2016, the largest producer of stainless steel in Ukraine, PJSC "Electrometallurgical Plant" Dneprospetsstal "them. A.N. Kuzmina ”delivered 19,036 tons of steel, which is 16.6 percent less than last month. During the same period, the enterprise produced 12,786 tons of finished rolled p... 15.12.2016  16:14

• Consumption of rolled metal is growing in Ukraine It is expected that in 2016 the Ukrainian market for steel consumption will increase by 26 percent compared to a year earlier and will reach 4,122 thousand tons. Then, as in 2015, the consumption of rolled metal in the country amounted to 3269 thousand tons. According to forecasts, a further... 15.12.2016  11:53

• Breakthrough in protecting the EU steel market After three years of negotiations, the countries of the European Union agreed to strengthen market protection mechanisms. One of the main problems was the question of eliminating the minimum duty rule, which means that even in the case of the introduction of duties, they have the lowest possible... 15.12.2016  11:16

• New Nissan hurts Japanese aluminum producers The electric version of the Nissan Note went on sale in Japan in early November and immediately became the top-selling car this month. The system combines the advantages of an electric drive with an internal combustion engine, being connected to the wheels, serves as an energy generator and cars... 15.12.2016  10:54

• Vietnam's steel sector could grow 10-12 percent next year An expected 6.2 percent GDP growth this year, as well as operations on 10 steel projects in 2017, will support the expansion of Vietnam's metallurgical sector. However, experts warn of existing obstacles in the quality of cheap steel from China, which will continue to flood the domestic market.... 14.12.2016  11:16

• Ukraine discovered 40 billion cubic meters of gas on the Black Sea shelf At least 40 billion cubic meters of natural gas were discovered by the geological services of Ukraine on the shelf in the southwestern part of the Black Sea on an area of ​​7000 sq. m, as announced on Tuesday by the State Service of Geology in Kiev. These estimates are based on the results of the... 14.12.2016  10:38

• Chinese steel production grows fastest in two years China's steel mills increased their monthly output in November, the fastest growing in more than two years. Strong demand from infrastructure has spurred producers to increase production for the ninth straight month, even when coking coal prices are prohibitively high. Steel output in November... 14.12.2016  10:04

• Gazprom received a loan of 800 million euros from banks in Japan and the United States Russian Gazprom said it had signed an agreement with Japanese banks Mizuho and Sumitomo Mitsui Banking Corporation (SMBC) and American JP Morgan Chase Bank for a loan of 800 million euros for four years. The company said that the signing of the loan agreement took place on Monday in Moscow. The... 13.12.2016  10:10