Metallurgy news

• BMZ will three times increase the supply of round metal to the EU in December The press secretary of the Belarusian Metallurgical Plant (BMZ), Alexander olesik, said that by the end of December 2013 the company will ship 13,000 tons of round metal rolling into the European Union, which is 3 times more than the average monthly volume of this year. Currently, BMZ supplies... 16.12.2013  10:49

• The resignation of the chairman opens the internal crisis of the metallurgy of the province of Hebei The chairman of Hebei Iron and Steel Group Wufang was shifted from his post. He left behind a loss-making enterprise in a crisis due to theft and wasteful expenses, including the acquisition furniture .. the deputy governor of the Hebay province held a meeting of the company and announced a... 16.12.2013  10:07

• Export prices from the CIS are in various trends In the CIS, export prices for steel have some discrepancy. Moreover, the price of steel blanks is stable, varietal rental is in negative dynamics, and the finished rental has a rise. The price of steel blanks are kept in the range of the previous week. The market mainly offers semi -finished... 15.12.2013  12:54

• The Cassation Court of Egypt removed the Ahmed Ezza steel magnate 37 years in prison On December 14, on Saturday, the Cassation Court of Egypt canceled the 37-year prison term for a sentence against the steel magnate of Ahmed Ezza for the speculation and embezzlement of state funds. The case is closed, but the oligarch will continue to serve his sentence for other crimes. In... 14.12.2013  17:57

• The production of stainless steel in Europe decreased in 9 months by 6 percent In the first nine months of this year, the production of stainless steel in Europe decreased to 5.4 million tons, which is 6 percent less than in the APPG-2012. This is stated in the December report of the German service center Damstahl. A particularly strong fall in the production of stainless... 14.12.2013  17:37

• The proposed action plan for the revival of the steel industry of Europe is declarative and unconnected The European Committee on Economic and Social Policy said that the European Commission for the Renaissance of the Steel Industry of Europe is not sufficient to restore the industry. Representatives of the Committee emphasized that the EU metallurgical industry, being dependent on the automobile and... 14.12.2013  17:35

• Iron ore will decrease to $ 120 per ton The stability of iron ore prices in recent months has been unexpected for a number of investors and analysts. However, analysts say that prices will nevertheless decrease in 2014 amid a fall in demand by the largest world manufacturers and increase the supply of iron ore from the main... 14.12.2013  14:27

• In the medium term, Ukraine will produce 33-35 million tons of steel annually Over the past five years, production in Ukraine has stabilized at 33-35 million tons. Such indicators will be characteristic of the country in the medium term. This was announced today during the press conference by reporters by the director of the Ukrpromvneshekspatrise SE Vladimir Vlasyuk.... 13.12.2013  16:40

• Tata Steel produces new electrical steel to increase the efficiency of electric power industry Cogent Power, a subsidiary of Tata Steel, introduced a range of complex, new electrical metal products that reduces electricity loss from 20 to 30 percent compared to conventional steels. New products convincingly prove their advantage, working in Newport, South Wales. The production of cold... 13.12.2013  10:18

• The company of intermediary will be added to the gas supply scheme to Ukraine - Russian media A mediator will appear between Naftogaz and Gazprom. Ukraine and Russia will return to the opaque scheme of the purchase and transit of Russian gas to the EU. A number of Russian publications are writing about this today. According to the newspaper Vedomosti, the most promising figure for the... 13.12.2013  09:57