Metallurgy news

• Foreign banks for the first time in the history of China received the right to import gold For the first time in history, the Chinese authorities issued licenses for the import of gold to two foreign banks working on the territory of China. Anz and HSBC have become happy owners of permits for the import of precious metal into China. This step in the country's government was explained by... 15.01.2014  16:58

• Tata Steel opens the largest service center in the UK Tata Steel has opened the largest center for profiling steel sheet in the Ust-Midlands in the UK, increasing its existing plate processing potential, 50 percent in the region. The new center turns steel plates into many shapes and processed components for off-road wheels of vehicles and... 15.01.2014  09:55

• The United States challenges China for non -compliance with the WTO decision regarding the export duties of steel The United States increased pressure on China in the dispute about the export of high -tech steels from the United States, accusing Beijing of non -compliance with the directive of the World Trade Organization. The US commander Michael Froman said that China continues to use tariffs to... 15.01.2014  09:18

• ASEAN expanded the production capacities of steel in 2013 The Association of Southeast Asian countries (ASEAN) is a major importer of steel products. The region does not provide itself with semi -finished products and flat rental, so many new facilities were commissioned or, as expected, will come in the new year. Vietnam has the largest number of new... 14.01.2014  21:13

• Unsistered. Record levels of commodity residues on Ukrainian power plants According to the State Enterprise "Ukrpromvneshekspertiza", warehouses at the country's metallurgical plants over the past month have sharply increased and have reached maximum values ​​over the past 5 years. At the same time, the number of unsold rental in the ports of Ukraine increased by 27 per... 14.01.2014  12:41

• Thyssenkrupp checks the patience of shareholders The largest German manufacturer was THYSSENKRUPP who wants to try to sell his Brazilian steel plant again, not managing to find the buyer on it in 2013, but achieved significant shifts in the ownership of the group since the last annual meeting of shareholders. Henry Hisenger, CEO of... 14.01.2014  10:57

• Voestalpine expands the welding business segment Voestalpine Group continues to promote the internationalization strategy by acquiring the Indian company Maruti Weld Private limited, which specializes in the production of welding electrodes, and currently has 180 employees, and last year received annual income of 6.7 million euros. For... 14.01.2014  10:12

• Japan is preparing for additional costs in connection with the decision of the Indonesia Government to prohibit mineral ore exports Japan, being the world's largest stainless steel manufacturer, is preparing to take a blow to new prices associated with the prohibition of export of unprocessed nickel ores from Indonesia. The world prices for nickel and shares of mining companies are growing after Indonesia declared new rules for... 13.01.2014  11:05

• Baosteel for the second time from the beginning of the year raises metal rolling prices One of the largest manufacturers in China, Baoshan Iron & Steel (Baosteel), announced an increase in selling prices for metal rolling for the second time this year. An increase will affect products with payment in February 2014. Baosteel said this on Monday reports Reuters. The company will... 13.01.2014  11:00

• Fitch sees some improvement in Europe next year The Fitch rating agency expects the modest growth of the European market in 2014 due to stabilization of the situation in the eurozone, improving demand in key sectors of the final use and cost of raw materials and building finishing materials such as... 13.01.2014  09:51