Metallurgy news

• British Steel Dream Sanjeev Gupta, head of the Liberty Steel group, which took over part of Tata Steel's UK assets, announced an increase in steel production to 5 million tonnes over the next five years. He is pinning his hopes on Mel Wilde, who will lead part of the Liberty House steel group from January. The... 17.12.2016  12:54

• Indians block the creation of a copper mine in Ecuador Due to violent protests by local Indians against exploration in search of copper deposits, the government of Ecuador declared a state of emergency in the Panantza-San Carlos area, in the Ecuadorian part of the Amazon, and sent troops and police there. About sixty Shuar Indians attacked the... 17.12.2016  12:35

• Steel prices in the EU rise as costs increase European prices for rolled steel continued to rise in December, driven by a sharp rise in the cost of raw materials. In addition, imports of steel products from third countries were restricted by trade protection measures for hot and cold rolled coils. Chinese deliveries have dropped... 16.12.2016  12:06

• 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