Metallurgy news

• Cairo shakes the strike of employees of the metallurgical plant Last Tuesday, employees of the Egyptian State Metallurgical Company Egyptian Iron & Steel (Hadisolb) announced the continuation of the strike until their requirements are completely satisfied. About 5 thousand workers of the metallurgical factory located in Helian (southern suburb of Cairo)... 11.12.2013  08:35

• Vale really wants to sell part of the shares in a joint enterprise with Thyssenkrupp According to one of their largest mining companies in the world of Vale, she decided to get out of the joint with the German company ThessenkrupP in Brazil. In an effort to reduce expenses and focus on iron ore mining, Vale announced the sale of 26.9 percent of the shares of the CSA steel plant in... 10.12.2013  11:13

• Evraz leaves Europe Today it became known that the Russian group Evraz agreed on the transfer of a steel plant in the Czech Republic of Vítkovice Steel to the Russian Vnesheconombank. The bank will finance the production activities of the enterprise until the arrival of the new investor. This was reported by the ... 10.12.2013  11:08

• Steel consumption in China in 2013 and 2014 In China, the consumption of raw steel in 2013 is estimated at 693 million tons, which determines the growth of 3.2 percent in annual calculus and is expected to reach 715 million tons in 2014. The head of the Institute of the Chinese Metallurgical Industry said that, given the current... 10.12.2013  10:17

• Korean manufacturers have become hopes for automakers While the steel industry of Korea continues to fight a long decline, auto-components are beneficial from the prosperous automobile market. According to the results of its activities for the third quarter, from the point of view of the total sales, Posco takes a leading position in the ranking,... 10.12.2013  09:37

• Ukraine continues to reduce the production of metallurgical coke According to the production association "Ukrkox", in January-November 2013, Ukrainian cokesochemical enterprises manufactured 16 million 144 thousand tons of metallurgical coke of 6 percent humidity, which is 7.3 percent less than in APPG-2012. At the same time, in November of this year, the... 09.12.2013  20:41

• Ukraine for 11 months of 2013 reduced the production of steel pipes by 22 percent In January - November 2013, Ukrainian pipe companies reduced the production of steel pipes from ferrous metals compared with the 2012 APPG by 21.6 percent to 1 million 501 thousand 200 tons. This was reported by "Interfax - Ukraine" with reference to the representative of the Cabinet of... 09.12.2013  20:31

• SMS Siemag seeks to invest in the Iranian steel industry After the recently reached agreement between Iran and the world powers, European companies expressed their readiness to invest in Iran the construction of new facilities. Following oil and gas companies, they want to return to Iran and companies operating in other areas of industry. SMS Siemag... 09.12.2013  09:37

• China enters Iran’s metallurgical sector with about $ 2 billion The largest investment Chinese metallurgical group of the MSU will provide $ 2 billion for financing the Iranian steel industry. Seven metallurgical plants of Iran will participate in the investment program of China. This was announced on Friday by the head of the Ministry of Industrial Industry... 09.12.2013  09:27

• JSW Steel increased the production of steel in November by 28 percent The production of steel in November 2013 on JSW Steel reached 1 million 72 thousand tons, which is 28 percent higher than in the APPG-2012. Including the production of flat metal rolling, 13 percent to 831 thousand tons increased, and a long rental - it decreased by 14 percent to 144 thousand... 09.12.2013  09:14