Metallurgy news

• Steel scrap prices rise in the EU The latest statistics released by the European Iron and Steel Association (EUROFER) show a slight increase in domestic scrap prices in December last year. Average prices for steel scrap increased by almost 3 percent compared to the previous month. However, scrap prices declined by almost a third... 15.01.2016  13:56

• Airbus ahead of Boeing in 2015 deliveries European aircraft maker Airbus left behind rival Boeing in the race for new orders last year, but Boeing has expanded its initiative as the largest manufacturer of jet aircraft. The Airbus Group has received orders for 1,036 aircraft, a 29 percent decrease since 2014, compared with Boeing's 768... 15.01.2016  13:30

• Taiwan stainless steel imports and exports rise in December The latest statistics released by Taiwan's customs authorities show that the country's imports and exports of stainless steel products increased significantly during December last year. The country's imports of stainless steel products amounted to 90,559 tons during December 2015. This is up 18... 15.01.2016  12:54

• China's iron ore imports and steel exports hit records According to the latest customs data, Chinese imports of iron ore in December increased 17 percent from the previous month. In December 2015, imports totaled 96.27 million tons, up from 82.130 million tons in November. The country's annual imports of iron ore rose 2.2 percent, totaling 952.72... 14.01.2016  15:06

• US exempts Turkish steel exporters from special tariff The US Department of Commerce has ruled that Turkish steel exporters will be exempted from additional customs duties imposed on overseas companies that receive subsidy payments, the Turkish Steel Exporters Association said in a statement. The US Department of Commerce ruled that Turkish... 14.01.2016  12:21

• Makeevsky Metallurgical Plant moves to Mariupol The Dutch mining and metallurgical holding Metinvest continues to register its assets from the ATO zone to the territory of Ukraine controlled by Kiev. As reported in the press service of the company, today the "move" to Mariupol of Donetskkoks and Komsomolsk mining administration has been... 14.01.2016  10:38

• Aluminum consumption may hit record high in 2016 The world's leading aluminum producer Alcoa believes that aluminum consumption should reach a record level this year. The company predicts that global aluminum consumption will grow 6 percent in 2016. Despite reports of weak economic data coming from China, the company expects. that the demand for... 13.01.2016  11:57

• A resident of the Zaporozhye region stole about 250 thousand hryvnia from the account of volunteers Volunteers from Ukraine, collecting funds for wounded soldiers who defended Ukraine during the ATO in Donbass, became victims of a 30-year-old murderer. Residents of various cities who responded to the mountain transferred money to a bank card of a volunteer company. At that time, a criminal who... 12.01.2016  16:44

• Zimbabwe accepts the yuan as its international currency China's currency has certainly been in the spotlight last year, but the milestone was an event in late 2015 that garnered a lot of attention. On December 22, 2015, Zimbabwe became the first country to accept the Chinese yuan as its main international currency. Zimbabwe's Finance Ministry announced... 12.01.2016  15:19

• Strike halts operations at BHP's Chilean copper mine Workers at BHP Billiton at the Cerro Colorado copper mine in northern Chile have gone on indefinite strike as negotiations to raise wages ended without reaching an agreement. Union leaders warned on Friday that workers will go on strike if the company does not provide a better wage offer. The... 12.01.2016  12:27