Metallurgy news

• Russia has increased the export of ferrosilicon According to the latest statistics, Russian exports of ferrosilicon increased significantly in 2014. Exports totaled 426,162 tons, up 7.2 percent from 397,738 tons the year before. Export volumes during December last year were slightly higher than in the previous month. Ferrosilicon exports in... 05.03.2015  12:09

• At MMK, Mill 2000 set a new record for hot rolled steel production OJSC Magnitogorsk Iron and Steel Works produced over 526,000 tonnes of metal at its 2,000 hot-rolled mill in January 2015, a new record in terms of production since the mill was opened in 1994. The previous monthly record was 520,000 tons and was set in October 2014. Hot Rolling Mill 2000 at MMK... 05.03.2015  11:30

• China plans to increase the use of clean energy China is going to accelerate policies to promote clean and renewable energy sources and strengthen the fight against overproduction in polluting industrial sectors. Overcapacity remains a problem in a number of sectors, including metallurgy, so additional measures will be taken to encourage mergers... 05.03.2015  10:21

• It's a fantastic time for the Russian steel industry The depreciation of the ruble, which led to a deterioration in the economic situation for many Russian enterprises, but not for all. The country's steel mills suddenly found themselves in the most favorable conditions among other world producers. Steel producers, including OJSC Novolipetsk... 04.03.2015  12:32

• UK Reports Potential Problems When Welding Chinese Structural Steel The UK Steel Industry Association has issued a safety warning regarding the use of imported Chinese steel products. According to the notice, imported steel plates and sections from Chinese manufacturers do not fully meet the specified standards. It should be noted that the association issued a... 04.03.2015  11:33

• Stainless Steel Exports Rise in Japan According to the latest figures released by the Japanese Ministry of Finance (MOF), the country has seen an increase in stainless steel exports since the beginning of 2015. Export of stainless products increased slightly compared to export during the last month of last year. Stainless steel... 04.03.2015  11:04

• Ilyich Iron and Steel Works installed a Thermatool HF generator in a pipe electric welding shop by videoconference At the plant them. Ilyich, despite the crisis situation in the metallurgical industry, it was possible to implement another large investment project. This was announced by the general director of the Ilyich Iron and Steel Works Yury Zinchenko. A new modern transistor HF generator manufactured by... 03.03.2015  20:56

• China cuts lending rates amid weak demand and deflation China's central bank cut interest rates for the second time in less than four months, a new sign that the country's leadership is acting more aggressively in an attempt to curb economic growth. The Chinese government is expected to present its 2015 growth forecast of about 7 percent, up from 7.5... 03.03.2015  12:15

• Final data on Russian exports of ferrochrome alloys for 2014 According to statistics, exports of low-carbon ferrochrome alloys increased by 10.5 percent over the previous year and totaled 216,849 tonnes in 2014. Russian exports of these products totaled 196,216 tons in 2013. Exports to Japan, Holland and China increased significantly over the year, while... 03.03.2015  11:08

• Prospects for recycling electronic scrap in Europe The European Electronics Recycling Firms Association (EERA) says the electronic scrap recycling sector in the region is currently facing challenges. EERA General Secretary Norbert Zonneveld noted that many of the member firms are struggling to survive in the current market situation. He noted that... 03.03.2015  10:08