Metallurgy news

• The explosive rise in coking coal prices is not over After a prolonged and largely monotonous decline since 2011, coking coal prices have skyrocketed in recent months. The rise is supported by a combination of factors, some of which include reforms in China's coal industry and supply disruptions. Spot prices for premium hard coking coal off the... 13.10.2016  10:32

• Russian gas floods Europe through Ukraine There is a record increase in Russian gas exports to Europe using the Nord Stream, Yamal and Druzhba gas pipelines. Winter has not yet begun, and the demand for Russian gas is as if Europe is experiencing extreme cold. Europe is always carefully preparing for the heating season, while the... 13.10.2016  10:01

• The growth of stainless steel production occurs only in certain regions According to the International Stainless Steel Forum (ISSF), global stainless production increased by more than 4 percent in the first half of 2016. However, in Europe, in particular in Central and Eastern Europe, production is declining. Growth in Asia is driven by China and several other... 13.10.2016  09:46

• Belarus threatens Russia with intent to buy oil from Iran Due to energy debt, Moscow has cut oil supplies to Belarus. Minsk threatened to start buying raw materials from Iran. Energy disputes between Moscow and Minsk are not new, but now tensions between the two capitals are growing. The dispute over the amount of debt continues. To motivate Minsk to... 12.10.2016  11:26

• World steel production will grow According to the latest forecast by the World Steel Association, global steel production is expected to rise this year and next. Although, in both cases, the growth barely exceeds zero, but all the same, production will increase, and in China, fortunately, it will decline. Excluding China's... 12.10.2016  11:09

• China considers EU duties on Chinese steel unfair China's Ministry of Commerce has expressed concern and regret after the European Union imposed temporary tariffs on imports of two types of Chinese steel entering the EU, calling the investigation methods "unfair." "Reckless trade protectionism and faulty practices that restrict fair market... 12.10.2016  10:38

• Ukrainian Ferrexpo announces production decline in Q3 In January-September of this year, Ferrexpo's iron ore pellet production fell 4 percent year on year to 8.32 million tonnes. Ferrexpo, which specializes in the production and export of Ukrainian iron ore pellets, reportedly announces production of 2.6 million tonnes in the third quarter of this... 11.10.2016  10:43

• Coking coal prices skyrocket The spot price for solid coking coal reached its highest level since May 2013. However, while coal prices are up more than 90 percent, analysts said they are expected to contract this year on a slowdown in China and easing supply problems. September in the international coal market was marked by... 11.10.2016  10:18

• Putin and Erdogan agreed to build the Turkish Stream Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan agreed in Istanbul, on the first day of the World Energy Congress, to build two lines of the Turkish stream. This was announced after the meeting between Putin and Erdogan by the chairman of Gazprom Alexei Miller.... 11.10.2016  10:04

• Increased sales of Tata Steel during the current year Tata Steel said its sales rose 6.56 percent to 4.77 million tonnes in the first six months of the current fiscal year, up from 4.47 million tonnes sold in the same period last year. Sales for the quarter from July to September were 2.62 million tonnes, up 12.4 percent from 2.33 million tonnes in... 10.10.2016  11:36