Metallurgy news

• Latest World Bank Commodity Price Forecast 2016 John Buffes, World Bank Senior Economist in charge of the latest commodity price forecasts, said: “We expect energy and commodity prices to be slightly higher than at the beginning of this year as markets gradually return to equilibrium after a period excess supply ”. “However, we believe that en... 28.04.2016  10:00

• Top 10 global steel producers in March 2016 World crude steel production stood at 137.322 million tonnes in March this year. Monthly production declined marginally, by 0.5 percent, year on year. These results are calculated based on data provided by 66 countries, which accounted for about 99 percent of total global crude steel production in... 28.04.2016  09:28

• In the first quarter of 2016, PJSC Zaporizhstal transferred UAH 1.2 billion to the Ukrainian budget. taxes and fees In the first quarter of 2016, PJSC Zaporizhstal transferred tax payments to the budgets of all levels in the amount of UAH 1.2 billion, which is 45% more than transfers in the first quarter of 2015 (UAH 846.5 million). PJSC "Zaporizhstal", one of the largest taxpayers in Ukraine and the... 27.04.2016  12:56

• Ukrainian grain exports may fall by 9.5 percent - analyst Grain exports from Ukraine in the season from July 2016 to June 2017 may decrease by 9.5 percent to 32.4 million tons due to a lower harvest and a decrease in the use of feed, an analyst from UkrAgroConsult said on Tuesday. Ukraine is projected to harvest 54.9 million tonnes of grain in 2016,... 27.04.2016  10:43

• Russia is looking for partners for the construction of the first nuclear power plant in Turkey At present, the Russian delegation is negotiating with large Turkish construction companies on the issue of participation in the construction of the Akkuyu NPP. The first Turkish nuclear power plant will include four VVER reactors, each with a capacity of 1200 megawatts. The project is estimated at... 27.04.2016  10:28

• The French won a mega-contract for the construction of submarines French company DCNS has received the largest contract for 56 billion euros for the construction of 12 new generation submarines for Australia. The DCNS concern won the tender for the German ThyssenKrupp Marine Systems and the Japanese Mitsubishi. The rejection of the Japanese offer is a blow to the... 27.04.2016  10:02

• Steel production in CIS countries recovered in March Crude steel production in the Commonwealth of Independent States (CIS) increased marginally on an annualized basis in March, according to the latest data released by the World Steel Association. Steel production in the CIS increased by 2.3 percent during March 2016. Belarus's total crude steel... 26.04.2016  11:28

• Global pig iron production rose sharply in March According to the latest statistics released by the World Steel Association, global pig iron production increased 13.6 percent from the previous month to 99.306 million tonnes during March this year. World pig iron production in the previous month totaled 87.427 million tonnes. The total pig iron... 26.04.2016  10:47

• Iran overtakes India in DRI production According to World Steel, Iran overtook India to become the largest DRI producer during the month of March. India and Saudi Arabia were the second and third largest producing countries for DRI. Data released by the World Steel Association indicates that global production of direct reduced iron... 26.04.2016  10:05

• ThyssenKrupp begins construction of a furnace in Duisburg ThyssenKrupp awarded contracts for the construction of a ladle furnace in Duisburg, a port city in western Germany. This will expand the range of high-quality steel for the automotive industry. The company plans to invest about 40 million euros in the project. Construction is expected to begin... 25.04.2016  10:58