Metallurgy news

• LPR authorities banned technical specialists from leaving Rovenki The authorities of the self-proclaimed Luhansk People's Republic are experiencing staff shortages and are banning the departure of technical specialists. This was announced on his Facebook page by the head of the Information Resistance group Dmitry Tymchuk. "The LPR authorities have issued a... 01.10.2015  11:23

• Nine people were hospitalized as a result of an explosion at the Karabashmed plant October 1, Chelyabinsk. On Thursday morning in the metallurgical shop of CJSC "Karabashmed" there was a depressurization of the cooling system of the exhaust gases of the smelting furnace, resulting in an explosion. Nine people were hospitalized. Four of them are in critical condition. All the... 01.10.2015  11:23

• Exports of steel products increased in Russia Over the past 8 months of 2015, export sales of metallurgical products showed a certain growth. Basically, the export of ferrous metallurgy products, especially semi-finished products, increased. In the period from January to August, exports of metallurgical products increased by 10 percent... 30.09.2015  17:18

• Volkswagen received serious government support The German Ministry of Economy, distributing taxpayers' money, has already directed public funds to the German automaker Volkswagen, and given the scandal with falsified emissions, now it is wondering: how good are these investments? Thus, Volkswagen AG receives about 15.4 million euros in... 30.09.2015  12:06

• Japan's metallurgy remains stable despite fires and low prices Moody's rating agency believes that the country's two largest steel producers - Nippon Steel & Sumitomo Metal (NSSM, A3 stable) and JFE Holdings, Inc (JFE, Baa1 stable) - will be able to maintain their credit level for the next 12-18 months. because companies' efforts to cut costs partially offset... 30.09.2015  11:16

• NLMK modernizes production at its metal processing plant in Verona The steelmaking plant NLMK Verona, which is part of the NLMK Europe Tolstoy Liszt division, has put into operation the pressing equipment, which has been improved as part of the modernization program. The implementation of the project is aimed at expanding the range of products, reducing production... 29.09.2015  19:06

• EU steel production in August Crude steel production in the EU-28 was stable, albeit marginally, by 0.1 percent during the month of August on an annualized basis, according to the latest data released by the World Steel Association. The region's steel output for the month amounted to 12.150 million tons. Germany recorded the... 29.09.2015  12:05

• Obama's secret meeting with Putin For the first time in more than two years, a political conversation took place on the sidelines of the UN General Assembly in New York between US President Barack Obama and Russian President Vladimir Putin. In accordance with the statement of the US government, the meeting focused mainly on the... 29.09.2015  11:01

• Baosteel starts production at new plant in Zhanjiang Baosteel commenced steel production at a new facility in China's southern port city of Zhanjiang, even as steel prices plummeted amid sluggish demand in the country, which is experiencing the slowest economic growth rate in 25 years. Blast furnace # 1 was lit at the new plant on Friday, designed... 28.09.2015  12:26

• The global nickel market records a deficit during January-July 2015 Global nickel demand slightly exceeded production in the first seven months of this year. The global nickel market ended with a slight deficit of 16,000 tonnes in January-July 2015, showing a clear superiority in demand over production. The estimated surplus for the whole of 2014 was 241,800 tons,... 28.09.2015  11:44