Metallurgy news

• The USA Majestic Steel announces the acquisition of Flatrolled Steel assets The Majestic Steel, the leading and service center of the US Steel, announced the completion of the Flatrolled Steel business and assets transaction, which will work in Houston/Dallas based on a common business called Majestic Steel. will allow the Majestic Steel to expand its business in the... 20.12.2013  09:54

• The CEO of Rio Tinto sees a decrease in iron ore price in 2014 Rio Tinto Group expects the next year to reduce iron ore prices, the source of most of its income, since global reserves will increase. Sam Walsh, the company's general director said that "I expect the prices for iron ore raw materials to soften a little next year, but they will still contribute to... 19.12.2013  10:08

• Reducing prices for reinforcement and workpieces affects the purchases of scrap metal It seems that winter has frozen the scrap transaction this year. Traditionally, winter was a period of brisk trafficking in scrap, which subsequently led to a rise in price level due to the lack of and inventory of the accumulation of Turkish factories before the winter holidays in Europe, the USA... 19.12.2013  09:19

• Russia will remove the restriction on the import of Ukrainian steel pipes and stop the anti -dumping investigation against Ukrainian reinforcement Speaking today at a briefing in the building of the Cabinet of Ministers of Ukraine, Minister of Industrial Policy Mikhail Korolenko told reporters about a number of agreements reached during the visit of the President of Ukraine Viktor Yanukovych to Moscow. In particular, restrictions on the... 18.12.2013  16:34

• Contractors on Tata Steel Scactorp have stopped working due to a dispute on wages Scunthorpe Telegraph reported that 50 contractors hired by Tata Steel began to work in the scantorp on December 17 at 6 am in order to increase wages. Members of the UCATT construction union said that if the requirements are not satisfied tomorrow until 10 pm, they plan to repeat the action on... 18.12.2013  09:29

• Indian machine builders require a zero fee on stainless steel Manufacturers of machines and capital goods in the country demanded a zero duties on the import of stainless and special steels due to the sharp devaluation of Indian rupees. Mr. Ramachndran, Secretary General of the Association of Machines and Equipments of India Machines and Equipments, said... 18.12.2013  08:51

• Tokyo Steel raises products by 1 - 3 percent Tokyo Steel Manuapacturn CO Ltd, a leading manufacturer of the country's I -Taurus, said that she was going to raise the prices of ten items of its products for delivery in January 2014, which will amount to about 1-3 percent of the price of metal structures, at the same time it is planned to... 17.12.2013  10:24

• China steel production in November reached 60880,000 tons According to the National Statistics Bureau, China produced 712, 86 million tons in the first eleven months of this year, with an increase of up to 7.8 percent in annual calculus; 650.50 million tons of cast iron, rising by 5.9 percent compared to a year earlier. 978.78 million tons were... 17.12.2013  09:44

• The head of the Indian company Sail believes that the worst times for metallurgy were left behind The head of the largest state steel concern of India, Steel Authority of India (Sail), Chandra Shekhar Verma believes that the worst times for the steel industry are already behind and now has come the best time to acquire raw materials and assets. In an interview with the local media, the head of... 17.12.2013  08:43

• Tata Steel Europe on a long journey to recovery Even in May, the future of Tata Steel in Europe was in question after the depreciation of the assets of the largest Indian company. At the same time, the demand for steel in Europe fell by 30 percent compared to the peak of 2007, which leads to a decrease in the use of production capacity and... 16.12.2013  18:21