Metallurgy news

• Pipe suppliers identified for the construction of the Turkish-Azerbaijani gas pipeline China's second largest steel producer, Baosteel, has won a contract to supply pipes for the planned construction of the Trans-Anatolian Gas Pipeline System (TANAP). The project will direct the rich gas resources of Azerbaijan to energy-hungry European countries. Baosteel will provide 370 kilometers... 22.10.2014  11:44

• Updated data for TMK In the first nine months of 2014, TMK's Russian division delivered 2.144 million tonnes of pipe products, which is 4.3 percent lower on an annualized basis. However, in Q3 2014 shipments were 9 percent higher QoQ to 762,000 tonnes. In January-September 2014, seamless pipe shipments totaled 1.329... 22.10.2014  11:11

• Global steel production declines slightly According to the latest statistics released by the World Steel Association, steel production in September of the 65 member countries was 134.421 million tons, down 0.1 percent from production in the same month of the previous year. The total production of crude steel in the EU-28 countries in... 22.10.2014  10:47

• Global nickel production and consumption will grow in 2015 - INSG Participants in the meeting held last week as part of the International Nickel Research Group (INSG) meeting in Lisbon, Portugal, predict a significant rise in global nickel production and use in 2015. According to INSG, the improvement in the economic situation around the world has led to an... 21.10.2014  11:54

• India Delays POSCO Plant Construction Permit The Indian government has again postponed its decision to grant a license to South Korean POSCO to mine iron ore, requesting further clarification from government officials in Odisha, where the South Korean company has been postponing a $ 12 billion steel plant for years. The project has been under... 21.10.2014  11:06

• US breaks off treaty with Russia on special conditions for imports of hot rolled steel The US Department of Commerce (DOC) announced the termination of the contract for the supply of hot rolled steel products from Russia. The suspension of the 15-year agreement will take effect 60 days after the announcement, after which the import of HRC from Russia must comply with the general... 21.10.2014  10:16

• Global copper market will be in surplus in 2015 - Cochilco The Cochilco Copper Commission predicts further growth in the global copper surplus in the market in 2015. The Commission claims that in 2014 there will be a surplus of 125 thousand, which is likely to more than triple in 2015 and reach 429 thousand tons. This is due to new facilities and... 20.10.2014  10:43

• The Kaliningrad enterprise BMK has launched a plasma cutting machine At the end of October this year, the Kaliningrad enterprise LLC "Baltic Metallurgical Company" plans to launch innovative technical equipment, a plasma cutting machine for sheet metal. For the productivity of the metalworking workshop, this will be a real breakthrough, since this modernized... 20.10.2014  09:17

• The mine came under fire After the resumption of work, the Komsomolets mine in Kirovsky, which is located in the Donetsk region of Ukraine, was subjected to shelling from large artillery pieces. All the miners who were doing the work at the time of the attack below were brought to the surface in time. According to... 20.10.2014  09:09

• Updated EVRAZ Russian Steel Production Data In the 3rd quarter of 2014, steel production decreased by 2 percent compared to the 2nd quarter as a result of a decrease in pig iron output due to unscheduled maintenance work at one of the EVRAZ blast furnaces. Production of steel products, excluding re-rolled products, also decreased by 2... 19.10.2014  15:05