Metallurgy news

• Only thanks to the political will of the Russian leadership Ukraine began rapprochement with the Customs Union Speaking at a meeting of the Council of Regions on Thursday, President of Ukraine Viktor Yanukovych said that only thanks to the understanding and political will of the leadership of the Russian Federation, Ukraine managed to get a package of the most important agreements for the country. In... 26.12.2013  14:44

• A new model for solving the issue of excessive steel potential of China Tangshan Iron and Steel Group Co Ltd is the leader in the actions taken to go beyond the border, in conditions when the country is fighting excess capacities in the iron and steel industry. Against the background of the problems of excess capacity in the Chinese steel industry Deutsche Bank AG,... 26.12.2013  11:06

• Steel production in Japan in 2013 will exceed 110 million tons According to the Japanese Chugun Association and Japan Iron & Steel Federation (JISF), the production of raw steel in the country may exceed 110 million tons in the country. In the period from April to November of this year, Japan's metallurgists melted 74 million 580 thousand tons of steel.... 26.12.2013  10:19

• Russia filed the first complaint to the WTO against the EU Russia's claims sent to the WTO claim that Russian manufacturers of steel and chemical industry are in a disadvantage in the European Union due to existing adjustments to electricity tariffs imposed on Russian products since 2002. The Ministry of Economics reports that the complaint is the first... 26.12.2013  09:33

• Chinese steel futures fell in price again After a slight increase in cost, Chinese steel futures began to fall in price again. The reason for this was a decrease in demand for steel characteristic of the winter season. This trend is especially manifested in the northern regions of the PRC. In Northern China, the demand for the products... 25.12.2013  17:11

• South Korea fell exports The export of metal products of South Korea decreased for the first time in four years in 2013, which is mainly associated with a long decline in the world economy, as the Association of Cores (KOSA) said. Local metallurgists exported 29.2 million tons of steel products this year, which,... 25.12.2013  11:18

• The Polish company has become Cognor SA is looking for protection against bankruptcy The international financial company ZLOMREX S.A., the unit of the Polish company became Cognor SA, filed a request to the Manhattan court in accordance with the 15th Head of the Code of Protection from bankruptcy. Zlomrex Cognor is now looking for protection against bankruptcy in New York. Cognor... 25.12.2013  10:31

• The trade union sued the Canadian coal mining company due to hiring for the work of the Chinese The Canadian coal mining company HD Mining, located in Vancouver, caused a number of disputes and trials last year due to the fact that it temporarily hired 2000 miners from China in exchange for investments from the Celestial Empire in the amount of $ 300 million, which were aimed at building the... 24.12.2013  16:32

• HEBEI STEEL shocking losses in Hebei Province Huge foreign investments invested in Hebei Iron and Steel became the reason for a more thorough verification of investigators after accusing of their misuse by the company and, which caused the resignation of its chairman Wang Yufang. Hundreds of millions of dollars were spent during the Van... 24.12.2013  11:43

• The steel plant Posco Krakatau has been opened in Indonesia The steel integrated Posco Krakatau Integrated Plant was opened in Tsilegon this week. PT Krakatau Posco is a joint venture between the state steel company PT Krakatau Style (KS) and the South Korean giant became Posco. This is the largest investment project in Indonesia with a total investment of... 24.12.2013  07:21