Metallurgy news

• NLMK predicts 2% increase in steel demand in 2015 Novolipetsk Steel, which became the largest steel producer in Russia last year, expects global metal demand to expand this year as growth slows in China. In 2014, the production of the company's rolled metal segment increased by 21.1 percent to 2.7 tons, due to an increase in the capacity... 30.01.2015  12:00

• China will continue to grow imports of copper concentrate Throughout 2014, imports of copper concentrate rose sharply in the country. According to customs data, China imported 11.87 million tonnes of copper concentrate in 2014, which represents a 17.75 percent increase in imports over 2013. Copper concentrate imports to China in December last year... 29.01.2015  12:16

• US steel imports grew 38 percent in 2014 The American Iron and Steel Institute (AISI) reported that the country's imports during 2014 grew by 38 percent in total volume and 36 percent in finished products, compared with 2013 imports. In 2014, the country's total imports amounted to 44.32 billion tons and 33.733 million tons of finished... 29.01.2015  11:14

• 15 largest global steel producers in 2014 According to the latest statistics published by the World Steel Association, the global steel industry output of the 65 countries reporting to the Association was 1.636960 billion tonnes for the full year 2014 These 65 countries account for approximately 98 percent of total global crude steel... 29.01.2015  10:41

• Steel production in the CIS in December and 2014 Steel production in the Commonwealth of Independent States (CIS) declined 6.3 percent during December 2014 and declined 2.8 percent for the full year to 105.089 million tonnes, according to the latest data released by the World Steel Association. The total volume of crude steel production in... 28.01.2015  16:36

• Brazil has restored the export of pig iron According to statistics provided by the Secretariat for Foreign Trade (SECEX), iron exports from Brazil in December 2014 recovered from the lows of the previous months. As a reminder, in November 2014, exports fell to six monthly lows. In December 2014, Brazil's pig iron exports amounted to 371... 28.01.2015  09:41

• Countries increase gold and foreign exchange reserves amid economic instability According to the International Monetary Fund (IMF), the Dutch central bank is the tenth highest in gold and foreign exchange reserves in the world. According to the Dutch central bank, its reserves remain unchanged at 612.50 tons, or 53.9 percent of the country's total foreign exchange reserves.... 28.01.2015  09:18

• TMK on prospects for 2015 TMK is a major global manufacturer and supplier of steel pipes with production sites in Russia, Romania, Kazakhstan, the USA, Canada, the United Arab Emirates, Oman, and has established R&D centers in Houston (USA) and Russia. Recently, Pipe Metallurgical Company announced its prospects for the... 27.01.2015  12:29

• ArcelorMittal closes East Chicago plant Chicago, Illinois. The city's steel industry is taking another blow as ArcelorMittal plans to close the 114-year-old plant, potentially resulting in the loss of more than 300 direct jobs, as well as many indirect jobs associated with the facility. The company says it plans to idle for the next... 27.01.2015  11:42

• Steel production has grown in all Asian countries All Asian countries saw an increase in steel production throughout 2014 as a whole, and a modest 1.2 percent increase in the region in December, according to the latest data released by the World Steel Association. China's total crude steel production during December 2014 was 68.090 million... 27.01.2015  11:04