In July Russia exported 10.2 thousand tons of flat aluminum, down by 7% MoM and by 0.3% YoY. A quarter was exported to Poland, down by 29%. At the same time Ukraine, Finland and the US increased purchases by 65%, 43% and 29% MoM respectively. In 7 months exports totaled 70.7 thousand tons, up by…
DetailsIn August Yuzhniy Kuzbass produced 764 thousand tons of coal, up by 12% MoM and by 37% YoY. The volume of excavations grew by 16% and 55% respectively, to 3.9 million cubic meters of rock. Some 751 thousand tons of coal were processed at the factories, up by 5% MoM and by 11% YoY. Sales…
DetailsSady Pridonya, a major agroindustrial company, uses three-layer sandwich panels in the construction of the largest fruit warehouse. In 2018 the company began construction of a warehouse to store 20 thousand tons of apples. Metal Profile has supplied 7 thousand square meters of MP-GOST sandwich panels and 17 thousand square meters of Airpanels. The warehouse…
DetailsLebedinsky Mining and Processing Works has passed a re-certification audit of the industrial and labor safety management system for the correspondence to the requirements of ISO 45001:2018. The audit was carried out on September 9-13 by the specialists of the British Standards Institution. Following the inspection the specialists recommended certifying the Lebedinsky GOK safety system…
DetailsAs a result of the cave-in of rock a miner was mortally injured in the city of Rovenki. “On September 22 the taskmaster of the mine named after Cosmonauts perished”, the emergency ministry of the so-called Lugansk People’s Republic, a terrorist organization created and supported by Russia, reported. The body has already been lifted to…
DetailsAn overview of the battery raw materials markets and their latest price moves. Source of information
DetailsWDBJ7 reported that Banker Steel Company announced the completion of the structural steel for the One Vanderbilt project in New York. The steel used in One Vanderbilt was fabricated in the Virginia and New Jersey plants of NYC Constructors, a subsidiary of Banker Steel Company. One Vanderbilt’s tiered steel tower is complete at 1,401 feet,…
DetailsThe three-month lead price on the London Metal Exchange rose by 1.2% at the close of trading on Friday September 20, climbing beyond the $2,100 per tonne support level, while forward spreads in LME nickel tightened over the afternoon. Lead futures closed at $2,120 per tonne, its highest closing price since March, while just under…
DetailsSSAB, LKAB and Vattenfall, the owners behind the HYBRIT initiative, will participate in the Climate Week NYC and UN Climate Action Summit in New York. The message they will bring is that it is possible to reach net zero emissions in the iron and steel industry and energy sector. UN Secretary-General Antonio Guterres has invited…
DetailsThe import market for pig iron in the United States fell in the week ended Friday September 20, with buyers still not ready to resume purchases and expecting lower prices because of the weak scrap sector and planned maintenance outages in December. Fastmarkets’ price assessment for pig iron, import, cfr Gulf of Mexico, US, was…
DetailsToyota Tsusho America and Modumetal have announced an agreement of a non-binding MoU for the establishment of a joint venture to deploy Modumetal’s patented nanolaminated alloy product NanoGalv, which can be used for industrial fastener and bolting applications. The joint-venture company will be known as ModuTAI, which plans a new production facility in Houston Texas…
DetailsQuestions about the fate of stocks held by the defunct Fanya Metal Exchange have been a weight on negotiations in many minor metals markets since the bourse collapsed in 2015, and have contributed to the uncertainty that has stifled trade for much of 2019. Buying appetite in the spot market has weakened, and prices for…
DetailsGlobal scrap prices continued to fall in all major markets during the week ended Friday September 20, under pressure from persistent negative sentiment and with market participants seeing no prospect of relief. Turkey import prices fall further; suppliers accept lower prices US export prices down for cargoes sold off both coasts Asian import prices decline…
DetailsThe trend toward connected, self-driving, shared and electric vehicles is quickly moving from concepts to commercial viability. Self-driving vehicles will introduce a new kind of freedom both for the driver and its occupants. Vehicles will no longer be designed around the driver but designed to serve the needs and comfort of the occupants. With the…
DetailsExport prices for pig iron from Brazil have gone down on the influence of weak global scrap pricing and fading demand, sources told Fastmarkets during the week ended Friday September 20. Fastmarkets’ weekly price assessment for pig iron, export, fob Vitorio/Rio, Brazil, was $285-300 per tonne on Friday, down from $305-310 per tonne last week.…
DetailsTASR reported that labour unionists delivered a petition signed by employees of US Steel Kosice to Prime Minister Peter Pellegrini urging the Government to take action to help save steel industry jobs in both Slovakia and Europe. The petition was launched at US Steel Kosice on July 22. OZ KOVO company labour union head Juraj…
DetailsBrazilian slab export prices remained unchanged in the week ended Friday September 20, with no deals agreed while buyers and sellers battled to establish a new price. Fastmarkets’ weekly price assessment for steel slab, export, fob main port Brazil, was $420-435 per tonne on September 20, unchanged week-on-week. The price corresponded to the most recent…
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