Metallurgy news

• Obama will have to change the strategy of sanctions against Iran and Russia with the arrival of the new Congress Over the past year, there have been historic nuclear talks with Iran, followed by sanctions against Russia for supporting separatists in Ukraine. At the same time, the Obama administration has repeatedly asked the US Congress not to pass sanctions by law in order to be able to control the process... 07.11.2014  10:56

• BHP Billiton Will Export US Oil Without Government Permission The world's largest producer BHP Billiton plans to export ultra-light oil from the United States without obtaining official approval from Washington, despite a ban on overseas sales that lasted nearly four decades. The deal, worth about $ 50 million, involves the sale of minimally processed oil... 07.11.2014  10:04

• SSAB modernizes cold rolling equipment at Borlang In September 2014, the Swedish steelmaker SSAB entered into an agreement with the German company SMS SIEMAG to modernize its cold rolling mill at its Borlange site. The rolling mill, supplied by SMS, has been in operation since 1970, and the last reconstruction in 2004 was also carried out by the... 06.11.2014  11:39

• Norilsk Nickel Announces Results Norilsk Nickel, Russia's largest nickel producer, reported that its nickel output in the third quarter of 2014 was about 71,000 tons, which is almost 17 percent higher than production in the second quarter of 2014. The increase in production volumes occurred after the completion of repair work at... 06.11.2014  11:00

• Turkey's steel product exports rise 6 percent Steel exports increased by 6.1 percent in September 2014 compared to the previous year, according to statistics released by the Turkish Metallurgical Association. During the month, steel exports amounted to 1.45 million tons. The value of this export in monetary terms also increased by 5.2 percent... 06.11.2014  10:15

• Prospects for the use of steel in EU construction activities Growth in construction activity in the EU practically stalled in the second quarter of this year after a robust recovery in the first quarter, thanks to moderate weather conditions. Meanwhile, it is the construction sector that has become one of the main consumers of steel over the past three... 05.11.2014  13:33

• Ore exports from Port Hedland set new record in October Iron ore exports from Port Hedland in Western Australia reached a new all-time high in October 2014. Shipments from the port totaled 37.5 million tonnes during the month, surpassing the previous record of 37.4 million tonnes reached in August this year. Exports of ore to India rose sharply this... 05.11.2014  11:39

• POSCO introduces new hot rolling mill South Korea's largest steelmaker POSCO has officially launched its new hot rolling mill at Gwangyang, South Jeolla. The company claims that the main facilities of the plant, including the furnaces, are designed and built using its own technology. The cooling system installed in the new furnace is... 05.11.2014  11:19

• Alcoa modernizes aerospace manufacturing The world's third largest aluminum producer has decided to invest $ 190 million to expand its aerospace manufacturing facility, Davenport, located in Iowa. The project will begin in 2015, with the first production orders slated for 2017. Alcoa recently signed its largest contract with aerospace... 04.11.2014  14:35

• World stainless steel production to hit record high in 2014 Global stainless steel production is projected to hit a record 41 million tonnes in 2014, an increase of 7.8 percent from the previous record set last year, according to MEPS International. According to the MEPS, in the largest steelmaking regions, the total stainless steel production in 2014 is... 04.11.2014  13:13