Metallurgy news

• Report on the high cost of production and low imports in the steel industry of Uganda It is reported that the young steel industry Uganda is on the threshold of many achievements, but it continues to torment high production costs and low import prices. The Uganda government said that annually, the country needs 150,000 tons of steel, which is almost twice as many of those 60,000... 25.06.2013  11:05

• In the Atlantic, there were no free vessels left for loading after a sharp increase in the export of iron ore from Brazil The largest buyers of iron ore raw materials in China began to restore their reserves, causing an increase in ore prices with a content of 62 percent of iron by 5.6 percent last week. Against this background, Brazil sharply increased the export of metallurgical raw materials, captivating all free... 25.06.2013  10:34

• As a result of stopping the blast furnace, the AK Steel promotion immediately fell by 7.5 percent The AK Steel steel company was forced to transfer the domain stove at the metallurgical plant to Middleton on idle after a serious accident occurred on Saturday. Investors reacted to a stop of steel -setting, lowering the quotes of shares of the largest metallurgical company in the United States by... 25.06.2013  10:19

• The price of gold today has updated a two -year minimum In Singapore, today the price of gold fell by another 0.4 percent to $ 1,276 per ounce after yesterday’s decrease by 0.7 percent. Today, gold is traded near the lowest level since September 2010 amid the fear of investors associated with the possible reduction in credit stimulation of the American e... 25.06.2013  09:59

• The former prime minister of Italy was sentenced to 7 years for sex with a minor The Milan court today sentenced the former Prime Minister of Italy Silvio Berlusconi. According to the court’s decision, Berlusconi will conduct seven years in prison for contact with a minor prostitute Karima El-Mar, nicknamed “Ruby”, which occurred before she turned 18 years old. Initial circu... 24.06.2013  20:02

• ENRC metallurgical group began a major game in Kazakhstan Last week, the largest manufacturer in Kazakhstan KazakhMys received an offer from the Eurasian Natural Resources Corporation of the purchase of their securities. To date, KazakhMys owns 26 percent of competitors. It is already known that the company will give a positive answer, because it... 24.06.2013  15:15

• During the investigation on the execution of Ukrainian citizens in Pakistan, all the leaders of the Gilgit-Baltistan region were removed from office In Pakistan, during the investigation in the case of an execution in Gilgit-Baltistan, Ukrainian and Russian tourists were removed from the posts of the general inspector of the police and the chief secretary of the region. This was announced by the Minister of Internal Affairs of the Republic of... 24.06.2013  09:53

• Steel production in Japan has grown to the highest level over the past three years The production of raw steel in Japan increased in May until the highest level from January 2011, supported by the export stimulation program known as "Abenomics". The growth of steel smelting amounted to 9 million 620 thousand tons, which is 4.3 percent more than in the APPG-2012. This is stated in... 22.06.2013  14:46

• Mexico introduced anti -dumping duties on Chinese steel seamless pipes According to the results of the investigation of complaints from Tamsa, the Mexican branch of the Tenaris steel corporation, Mexico installed import duties on seamless steel pipes from China. The tariff is set at the level of $ 1252 per ton and will not exceed 56 percent of the customs price,... 22.06.2013  14:22

• Slow down in China begins to pose a threat to the growth of the world economy The new goal of the Chinese leadership will be to ensure the sustainability of the economy in conditions where its growth is less than 7 percent, against 9 percent in the last two years. Bloomberg writes about this today. “I haven’t worried much until this week,” says Sydney, the head of the Sidn... 22.06.2013  13:53