Metallurgy news

• The profit of Asia Stelevarov can remain at a historically low level next year - Moody Moody 'S Investors Service said that the profit of Asian manufacturers of steel will remain at historically low level, amid growing performance and slowing down demand. In addition, the prospects for the Asian coal industry can be negative in 2014, Moody' S Investors Service. The negative... 13.12.2013  09:30

• Tata Steel Europe increased steel production by 54.14% The European division of the Tata Steel metallurgical concern (Tata Steel Europe) significantly increased the volume of steel production - from June to December 2013 they increased by 54.14 percent. Thanks to this, the profit of the unit increased by $ 144 million, amounting to 418.25 million US... 12.12.2013  19:11

• Hyundai Hysco metalworking centers grow rapidly Foreign Metal -processing centers Hyundai Hysco are growing at a rapid pace. The company said in December that sales revenues made by centers of steel processing located outside the country increased by 10.4 percent to $ 3019 million last year. While the revenue from the implementation for nine... 12.12.2013  14:50

• Ukraine seeks to get 20 billion euros in the form of help from the EU Ukraine asks for 20 billion euros ($ 27,540 million) from the European Union in exchange for signing an agreement on trade and cooperation with Russia, as the Prime Minister of Ukraine Nikolai Azarov said. In a speech at a meeting of the Cabinet of Ministers, while thousands of people protest in... 12.12.2013  10:46

• Taewoong Co has begun the construction of a steel plant in the city of Pusan Taewoong Co, a South Korean company engaged in the production of forged parts for heavy industry, conducted a first stone laying ceremony for the construction of a new steel plant with an area of ​​157,000 square meters at the Hwajeon industrial complex in the city of Pusan, where the company hea... 12.12.2013  10:07

• The fall in Ukraine of Ukraine in the third quarter decreased by 1.3 percent In the third quarter of Ukraine, Ukraine was reduced by 1.3 percent, while officials believe that national protests and risk of resignation of President Viktor Yanukovych can worsen the situation in the country's economy. On October 30, the Goskomstat appreciated the fall of the gross domestic... 11.12.2013  18:53

• Ukraine in January 2014 will continue to reduce the production of steel and metal In January 2014, the metallurgical enterprises of Ukraine plan to reduce the production of steel compared to the expected volume of December 2013 by 1.4 percent to 2 million 700 thousand tons. This was reported in the association of enterprises "Metallurgprom". At the beginning of next year,... 11.12.2013  16:36

• Moody 'S predicts the historically low profit level among Asian manufacturers of steel A review of the analytical agency of Moody 'S Investors Service published today, Asian manufacturers, the profit of the Asian manufacturers will remain at a record low level next year. “Prospects for Asian metallurgical and mining industries for 2014 are negative. The forecast reflects our e... 11.12.2013  12:54

• Siemens thinks on the sale of Mull Metals Technologies Siemens AG is considering selling its VAI Metals Technologies, the largest engineering company in Europe, as said by the chief executive director of Joe Kaiser. The unit with 7000 staff is developing, building and serving installations for the steel industry, including engine frequency... 11.12.2013  12:25

• ARCELORMITAL Director General in South Africa will resign in 2014 ArcelorMittal South Africa announced the resignation of the general director of Mrs. Nonkululeko Nymbezi-Heita since February 18 next year. It has been at the steering wheel of production over the past six years and has achieved significant success. The South African unit based on Luxembourg of... 11.12.2013  11:42