Metallurgy news

• EU stainless market poised to show modest growth in 2015 In its latest report, research agency Moody predicts a moderate recovery for the EU stainless steel market in 2015. Stainless steel production in the region will slightly increase over the next year. The growth of cheap imports of stainless steel products from China and Taiwan is likely to be... 20.11.2014  09:34

• Norilsk Nickel has successfully completed re-certification to international QEPMS standards Norilsk Nickel has successfully passed the recertification of the quality of the Integrated Management and Environmental Management System (QEPMS), which confirms its compliance with ISO 9001: 2008 and ISO 14001: 2004 standards. The certification audit was carried out by an independent... 19.11.2014  11:31

• OJSC Severstal receives the award for the Best Annual Report OJSC Severstal, a leading vertically integrated steel and mining company, was awarded a special award in the category “Best annual report in the non-financial sector” based on the results of the 2013 report, based on research conducted by the Expert Group of RA Rating Agencies. The competition fo... 19.11.2014  10:27

• POSCO will export auto grade steel sheets to Germany POSCO intends to supply steel sheets to Volkswagen's plant in Germany. For the first time, South Korea's largest steelmaker will export its products for an automotive assembly plant in Germany. A senior POSCO official said that "Volkswagen recently completed testing of our steel products at... 19.11.2014  09:53

• Russian export of stainless steel in 1-3 quarters of 2014 According to the latest revised data provided by the Association of Consumers and Suppliers of Special Steels and Alloys, the volume of Russian exports of stainless steel products from January to September 2014 compared to the same period in 2013 fell by 65.3 percent to 6,927 tons. In... 18.11.2014  17:37

• New $ 1.2bn aluminum smelter to be built in U.S. In order to play its part in meeting the growing demand for aluminum, the American Specialty Alloys Company has decided to invest $ 11.2 billion to build an aluminum plant in the southeastern United States. The company said in its report that the new plant will produce 600,000 tonnes of aluminum... 18.11.2014  16:40

• The global zinc market is in short supply throughout 2014 The latest statistics published by the International Lead and Zinc Research Group (IGISC) indicate that the global zinc market had a deficit of 309,000 tonnes during the nine months of 2014. According to MGISC, the zinc deficit in the international market has worsened significantly compared to a... 18.11.2014  09:33

• Experts discuss Russia's potential for mining rare earth metals on the Moon Russia plans to resume exploration of the Moon in 2016, assuming a manned flight in the future. Experts believe that the ultimate goal of Earth satellite exploration is the mining of rare earths used in a variety of industries, including green technology, defense systems and consumer... 17.11.2014  11:28

• POSCO plans to build a new plant in India South Korean steel giant Posco has selected Sanand in Gujarat to build a new steel plant. Posco is planning an investment of $ 20 million. POSCO Sanand will be the second site in India alongside Pune Maharashtra. According to the government, Posco's coiled steel plant will cover an area of... 17.11.2014  10:22

• US DOC Confirms Import Duties for Wire Rod from China The US Department of Commerce (DOC) has decided to impose high duties on wire rod imported from China. The decision was applauded by the American Iron and Steel Institute (AISI). Low-priced Chinese products have flooded US markets, causing significant damage to domestic wire rod producers in the... 17.11.2014  09:17