Metallurgy news

• UK develops coal phase-out plan The UK has been pondering the best course of action to close coal-fired power plants by 2025 and pose no threat to safe, reliable and affordable energy supplies. The orderly transition consultation will begin on Wednesday. Wholesale market conditions in the UK have led to numerous closures of... 12.11.2016  11:42

• China announced an early reduction in steel capacity for 2016 China reached its goal of reducing steel production capacity by 45 million tons in 2016 ahead of schedule, having achieved the required result already at the end of October. China also hopes to meet its target of reducing 250 million tonnes of coal capacity by the end of the year, Li Pumin,... 12.11.2016  11:22

• What are the chances of missile defense and NATO? Donald Trump's victory in the US presidential election raises a lot of doubts about security policy. During the election campaign, various radical statements were made about the presence of American troops in Eastern Europe. At the moment, no one knows for sure what the fate of the missile shield... 12.11.2016  10:59

• EMZ expanded its product line of rolled products In November, the Yenakiyevo Metallurgical Plant (EMZ) of Metinvest Group launched production of two new angles. The products are intended primarily for the domestic market and are sold through the Metinvest-SMC warehouse network. Equal angles 90x90x6 mm and 40x40x3 mm in size are produced... 11.11.2016  19:25

• Tata Steel reports third quarter net loss The Indian Metals Company posted a net loss of Rs 4.938 million for the quarter ended September 30 against a net income of Rs 5.6 billion a year earlier. According to the press service of the company, Tata Steel incurred the main losses in the UK. Analysts polled on the eve of Bloomberg believed... 11.11.2016  19:17

• Metallurgists' protest in Brussels: there is no Europe without steel During the demonstration on the streets of Brussels, representatives of the metallurgical industry tried to convey that steel is the first link in the production supply chain, and industrial production cannot exist without it. The march was attended by over 15 thousand workers of the ferrous... 11.11.2016  11:55

• Uranium price falls While thermal coal has shown a striking surge, natural gas has rebounded and crude oil is up more than 70% from a 13-year low in January 2016, uranium has been consistently weak this year. The price of U3O8 is down 45% in 2016, and the average price fell 4.8% last week, stopping at $ 18.75 a... 10.11.2016  11:28

• US coal industry hopes for a bright future after Trump's victory While global financial markets have faltered after Republican candidate Donald Trump won the race to the White House, the country's coal and oil industries began to count the days to see promises come true. Throughout his campaign, Trump has repeatedly vowed to save the coal industry after years... 10.11.2016  10:59

• PJSC "Zaporozhgneupor": production results for October and 10 months of 2016 The production of molded refractories in October 2016 at PJSC Zaporozhgneupor increased by 20%, of unshaped refractories - by 37% (compared to October 2015). The largest production growth is observed in the following items: production of fireclay products increased by 10%, magnesia products -... 09.11.2016  15:10

• Indonesia May Become World's Second Largest Stainless Steel Producer Indonesia's Industry Ministry said Indonesia contains rich reserves of nickel, but the government has banned the export of ore, so huge investments are being made to build factories to produce stainless steel products. The two large factories plan to smelt 5 million tonnes of stainless steel in... 09.11.2016  13:03