Metallurgy news

• Nippon Steel and Toyota Motor adopted an agreement on increasing steel by 10 percent According to Nikkei, the largest media corporation in Japan, Nippon Steel & Sumitomo Metal Corp and Toyota Motor Corp agreed to raise prices for a steel sheet by about 10 percent from April to September 2013, inclusive, since the yena drops. An increase in the price of 10,000 yen per ton compared... 23.07.2013  14:35

• NLMK lost more than 20 percent of net profit in the first half of 2013 The net profit of the Novolipetsk Metallurgical Plant in January - July 2013 amounted to 8 billion 422 million rubles, which is 20.62 percent less than in the APPG -2012 (10 billion 609 million rubles). This was announced today by the press service of NLMK. Meanwhile, the quarterly revenue of... 22.07.2013  17:44

• India finally lost $ 12 billion and about 20 million tons of annual steel production Last week it became finally clear that the largest metallurgical corporations in the world of Posco and Arcelormittal would not invest in India. This solution, coupled with the problems of the domestic Tata Steel, will not allow the Indian government plans to increase production of steel by 300... 22.07.2013  16:27

• Tokyo Steel keeps prices for steel unchanged for five months in a row against the background of an excess supply The largest manufacturer for the Japanese construction sector, Tokyo Steel, does not intend to change its prices in the next two months amid a growing offer from China and excessive domestic production. Reuters writes about this today. Tokyo Steel's pricing policy is closely observed by the... 22.07.2013  13:37

• Nucor CEO is annoying the growing volumes of Chinese imports in the United States Mr. John Ferriola, General Director of the American Steel Corporation Nucor, who lost more than 25 percent of profit in the first half of the year, urged politicians to limit the import of cheap Chinese steel to US markets. Ferriola is annoyed by the fact that the United States merchant... 22.07.2013  12:43

• World production steel increased by 1.9 percent, in Ukraine it increased by 7.8 percent, in Russia it decreased by 0.8 percent -worldsteel In the first half of 2013, world production became 2 percent compared to the APPG-2012. Such data today was published by the World Cast iron association and became World Steel Association (WorldSteel). Global production steel in January - July amounted to 798 million 800 thousand tons. In July,... 22.07.2013  11:42

• Among the manufacturers of steel, few will survive for the automobile sector The international rating agency said that new strict requirements for the effectiveness of the targeted indicators of automobile fuel in Europe and the USA will most likely lead to a decrease in sales for steel companies. Since this gives rise to demand only for light, strong steel of those... 21.07.2013  20:24

• Türkiye discovered the largest copper deposits in Castamon Mr. Barysh Isler Vice-Governor of the city of Hanon in the Castamon Province on the Black Sea coast, told the press that 22 million tone of copper reserves were found during drilling work carried out by intelligence companies in the Middle East. He also added that after studies conducted by the... 20.07.2013  16:44

• Real steel consumption in the EU will fall by 4.5 percent this year, and in the next will increase by 2 percent - Eurofer EUROFER, which has been published today by the EUROFIER Metallurgical Enterprise Association, confirmed that the basic scenario of the development of the economy in the second half of 2013 and slow recovery in 2014, which published in 2014, is published in the second half of 2014. As expected in... 20.07.2013  16:41

• The largest energy company of Ukraine began to import gas from Europe Since the beginning of July 2013, DTEK Trading began pumping natural gas from Europe to Ukraine. This month, according to the company, it plans to import about 100 million cubic meters of gas. The volume of gas imports from Europe will be determined on the basis of economic expediency and... 20.07.2013  16:32