Metallurgy news

• Egypt to build two solar power plants in Congo The Egyptian government plans to build two US $ 6 million solar power plants in the Democratic Republic of the Congo. The 2 MW project will be implemented as part of Egypt's commitment to assist Congo in the economic development process. Government sources say the construction costs will come from... 31.05.2015  11:14

• Silver consumption rises to record levels Low silver prices have boosted demand for this white metal. Investment and jewelry manufacturing have boosted global demand for silver. This is especially the case in India, where in 2014 the demand for silver jewelry hit a record level. Plus, silver prices plunged nearly 20 percent during... 29.05.2015  13:26

• List of the world's top ten steel producers in April 2015 According to the latest statistics published by the World Steel Association, crude steel output in the 65 countries that reported to the Association amounted to 135.407 million tonnes in April 2015. These 65 countries accounted for approximately 98 percent of the world's total crude steel... 29.05.2015  12:07

• USA imposed anti-dumping duties on pipe imports from Korea and Turkey The US Department of Commerce (DOC) announced its decision to impose preliminary anti-dumping duties on welded main pipes imported from South Korea and Turkey. The decision was taken on the basis of a one-year survey, which ended on September 30 of the previous year. Imported products that were... 29.05.2015  11:50

• CIS steel production continued to decline in April Commonwealth of Independent States (CIS) crude steel production declined 4.7 percent during April 2015 compared to the same month a year ago, according to the latest data released by the World Steel Association. Despite the growth in steel production in Belarus, Kazakhstan and Russia, the total... 28.05.2015  12:17

• Russian billionaires hit hard by lower oil prices The sharp drop in world oil prices has had a strong impact not only on the global economy, but on the fortunes of Russian billionaires, many of whom have become rich on this product. According to Wealth-X and the UBS Billionaire for 2014, the value of many of the 114 Russian billionaires in the... 28.05.2015  11:42

• China enters into multi-billion dollar agreements in Russia, Latin America and India Recent visits by Chinese leaders to Russia and Latin America, as well as Indian Prime Minister Narendra Modi's visit to China, have resulted in at least $ 80 billion in deals and agreements signed with solar and infrastructure manufacturers. The treaties also take into account monetary arrangements... 28.05.2015  10:36

• BIR assesses the use of non-ferrous scrap The Bureau of International Recycling (BIR) has published a report on the recycling of non-ferrous scrap in various countries of the world. Construction work in conjunction with the upcoming FIFA World Cup in Qatar and the World Expo 2020 in Dubai has boosted the supply of non-ferrous scrap to... 27.05.2015  11:27

• Aluminum will drop in price to $ 1,732 per ton - LME It is reported that on the London Metal Exchange (LME), the price of aluminum may fall to $ 1,732 per tonne, as indicated by the analysis of the Fibonacci projection and the wave pattern. This third wave of the three waves in the cycle corresponded to a high of $ 1.977 per tonne on May 6. The wave... 27.05.2015  11:01

• Industrial tin use continues to grow The use of tin in the battery industry is expected to grow rapidly. This is the conclusion reached by the participants of the Shanghai Tin Forum held in China. During the presentation, one of China's leading battery manufacturers, Tianneng Power, predicted that tin use in the lead-acid battery... 27.05.2015  10:11