Metallurgy news

• Will oil reach $ 100 a barrel? Crude oil prices hover around the $ 45 mark, but some analysts say oil may see a return to the $ 100 mark in the coming years amid stronger-than-expected global oil demand and turmoil among the Organization of the Petroleum Exporting Countries (OPEC) ... “The demand for crude oil is growing a... 19.09.2016  12:48

• Latest data of the largest exporters of iron ore Trade statistics show significant increases in iron ore exports from Brazil and Canada. On the other hand, export volumes recorded declines in other major exporting countries, including Russia and South Africa. Brazilian iron ore exports in August increased by 14% over the previous year to 34.5... 19.09.2016  12:13

• Zaporizhstal continues to connect new gas cleaning equipment Zaporizhstal this week stopped sinter machine No. 6 for 45 days to connect new gas cleaning equipment. As a result, the plant has already installed new gas cleaning equipment on five out of six sintering machines. Zaporizhstal is implementing an ecological program for the modernization of the... 18.09.2016  11:09

• Copper got an impetus for growth Copper advanced just 1.6 percent in 2016, the least of the six base metals, amid speculation that supply growth will drive surplus. Yet copper finally felt enlightenment. Prices showed their biggest weekly gains in two months. The metal, which has been well behind its competitors this year, is now... 18.09.2016  10:48

• Gazprom's gas exports to Poland increased by 20 percent Russians have every reason to be satisfied. “We are seeing growing demand for Russian gas in the countries of the potential Nord Stream 2 range,” said Alexey Miller, head of Gazprom. The increase in Gazprom's supplies to Germany in the period from September 1 to September 15 amounted to 27.9 per... 17.09.2016  12:46

• Egypt received from France a Mistral built for Russia France sent the second of the Mistral warships originally built for Russia to Egypt on Friday. The government in Cairo bought them when Paris canceled a contract with Moscow following the annexation of Crimea to Russia in 2014. The originally developed warships were named Vladivostok and... 17.09.2016  12:20

• France increases gas imports from Russia From January 1 to September 13, 2016, Russian gas exports to France increased by 27.3 percent over the same period last year. In total, during this period, France purchased up to 8 billion cubic meters of gas. However, experts doubt that the gas is intended only for the local market. Due to the... 16.09.2016  13:34

• Strike in Peru halts operations of iron ore producer Shougang Hierro Workers of Peruvian iron ore producer Shougang Hierro went on strike Monday to halt production at both the Marcona mine and the San Nicolas concentrator, the union and the company have confirmed. According to the company, all 953 workers have joined the strike and are protesting to improve... 16.09.2016  13:17

• Eurofer on the challenges and achievements of EU metallurgy Metallurgists welcomed the position of the head of the European Association Eurofer on the need to strengthen market protection. Recalling, however, that other aspects of EU policy pose a real threat to the industry. Axel Eggert, CEO of Eurofer, notes that free trade is not the absence of any... 16.09.2016  12:53

• China promises to cut aluminum production China's leaders have pledged to curb aluminum production that is flooding global markets and threatening jobs in the EU and the US, but Chinese producers have ambitious expansion plans. Market glut has reduced Western buyers' spending on aluminum used in lightweight cars and aircraft. Prices... 15.09.2016  11:40