Metallurgy news

• NORNIKEL announces production results for 9 months of 20221 PJSC MMC Norilsk Nickel, the world's largest producer of palladium and high-grade nickel, as well as a major producer of platinum and copper, announces preliminary production results for the third quarter and nine months of 2021, and also confirms an earlier production forecast for 2021. Senior... 21.10.2021  10:52

• Dneprospetsstal increased production of metal products Electrometallurgical plant "Dneprospetsstal" in Zaporozhye in January-September this year increased the output of finished rolled products, according to operational data, by 7.1% compared to the same period last year - up to 121 thousand tons. Steel production during this period increased by 3%... 21.10.2021  10:39

• Coking coal is on the list of strategic raw materials The European Union imports about 40 million tons of coking coal annually. This market has a global dimension and the demand for coking coal and coke depends mainly on the state of the steel industry. World coking coal production (1,139.5 million tons per year) is concentrated in several... 21.10.2021  10:01

• There is no end to the rise in steel prices The situation on the steel market, unprecedented in recent decades, is causing a constant rise in prices, and it is not known how long this process may take, experts say. On the one hand, prices are driven by growing demand, and on the other, by very large increases in the cost of raw materials,... 21.10.2021  09:47

• The Ukrainian industrial company INTERPIPE announces the successful completion of an audit by the manufacturer of railway transport, the German corporation Siemens. This is an important step towards the full qualification of INTERPIPE as a supplier. After its completion, the Company will be able... 20.10.2021  12:15

• Copper on the London Metal Exchange hits 27-year high As LME copper stocks have declined recently, the gap between cash prices and future prices has been large. Estimated metal prices on the LME (London Metal Exchange) rose last Friday, while copper posted the biggest weekly gain since 2016. Copper price continued to rise to $ 10,452 /t today, up $... 20.10.2021  11:04

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• Tokyo Steel will raise prices for rolled metal products in November Tokyo Steel Manufacturing, a leading manufacturer of steel for electric arc furnaces in Japan, said it will raise prices of some of its steel products by 4.9% in November to reflect difficult market conditions. The company kept prices for all steel products, including the main H-beams, unchanged... 20.10.2021  10:52

• Steel demand will fall by 4.5% globally The World Steel Association (WSA) in its latest short-term forecast (SRO) released on October 14, contrary to the forecast from April 15, when it expected 3% year-on-year gain for China and 5.8% year-on-year growth for the whole world. “2021 is seeing a stronger-than-expected recovery in steel d... 19.10.2021  10:47

• Worldsteel Raises Asia Demand Forecasts Despite Covid Last week, the World Steel Association raised its forecasts for demand in East and Southeast Asia, excluding China, in its short-term forecast last week. The recovery in demand in developing Asia continues despite the continued presence of Covid-19. In Japan, worldsteel notes that demand... 19.10.2021  10:41