Metallurgy news

• ITRI ​​proposes new code for the worldwide tin industry Members of the International Tin Industry Association (ITRI) have supported the development of a new industry code that is expected to raise standards for the global tin industry. After conducting a thorough analysis of the sector's performance, ITRI announced its commitment to building a... 18.02.2015  11:55

• Zaporizhstal increased production and tax payments According to the results of 2014, the metallurgical plant Zaporizhstal transferred more than UAH 1.4 billion. to the budget, which is 34 percent more than the amount transferred in 2013. This amount includes taxes, duties and other obligatory payments to budgets of all levels and special state... 18.02.2015  11:30

• Japan's aluminum reserves hit records Aluminum in three major Japanese ports rose for the tenth straight month, hitting a record high in late January as strong imports met cool domestic demand. Aluminum stocks in January rose in Yokohama, Nagoya and Osaka by 8.8 percent to 449,800 tons. This broke the previous record for December. A... 18.02.2015  10:54

• Outokumpu Announces Improvement in Stainless Steel Demand in Q1 2015 Global stainless steel demand has shown signs of improvement this year from the lows recorded at the end of 2014, according to a report released by global stainless steel producer Outokumpu. However, the outlook for Q1 2015 may vary by region. According to Outokumpu, consumption in Europe, the... 17.02.2015  11:04

• ThyssenKrupp starts work at new plant in Mexico ThyssenKrupp begins manufacturing components for the automotive sector at a new facility in Mexico. The Puebla plant manufactures front axles for Volkswagen. The commissioning of this plant has significantly increased the production capacity in Puebla. The existing plant has become too small.... 17.02.2015  10:38

• WTO rules act against China in anti-dumping cases The World Trade Organization panel has confirmed that most of the complaints filed against China at the request of Japan and the EU for the supply of seamless stainless steel pipes and other products are aimed at imposing anti-dumping duties. Japan filed a complaint in December 2012 alleging that... 17.02.2015  10:10

• Brazil reduced aluminum production Brazil's primary aluminum production declined sharply throughout 2014, according to the latest trade statistics. The main production of aluminum in the country decreased by 26.2 percent year-on-year to 962,000 tons, which is significantly lower than the output of 1,300,000 tons during 2013. In... 16.02.2015  15:04

• Egypt is going to build two new steel plants Egyptian Steel, a leading steel products manufacturer headquartered in the capital Cairo, plans to build two new plants by the middle of next year, increasing production capacity to 3.5 million tonnes per year and increasing its market share. Ahmed Abu Hashima, head of Egyptian Steel, noted that... 16.02.2015  09:37

• Ukraine reduced export earnings of metallurgy in January 2015 In January, Ukrainian metallurgical companies exported ferrous metals in the amount of USD 748.7 million, which is 34.3 percent lower on an annualized basis. The volume of exports of ferrous metals amounted to 25.07 percent of the total export of metallurgical products in January against 26 percent... 16.02.2015  09:03

• A new stage in the construction of Factory 2050 has begun The construction of one of the most advanced factories in the world, Factory 2050 in Sheffield, has passed another important milestone. Steel construction commenced in Sheffield Business Park, based on the advanced research and development center (AMRC). The equipping of the research block and... 15.02.2015  13:39