Metallurgy news

• Japan sharply reduced scrap metal exports In September 2013, according to the data published by the Ministry of Finance of Japan, the export of scrap metal from this country amounted to 509 thousand 127 tons, which is 21 percent less than in the previous month and by 19.2 percent - than in the APPG -2012. In September of this year,... 30.11.2013  13:13

• ArcelorMittal acquires the USSSENKRUPP Steel USA together with Nippon Steel & Sumitomo Metal ArcelorMittal announced that together with Nippon Steel & Sumitomo Metal Corporation ("NSSMC"), in the ratio of 50/50, 100 percent of the USSSENKRUPP STEEL shares in a total capacity of 5.3 million tons at ThyssenkrupP as agreed The price of $ 1550 million is subject to approval by regulatory... 30.11.2013  12:02

• Metallurgy Germany works at a loss Analysis of the situation in the metallurgical market of Germany is quite comfortable. The increase in the production of alloy steel and a decrease in demand lead to losses. According to Salzgitter, its losses over the nine months of this year have grown by almost eight times and reached 382... 30.11.2013  10:52

• Interpipe completes the year with debts and the new general director Yesterday, oleg Rosenberg was appointed to the post of general director of Interpipe. What is the reason for such advance on the directorship vertical at the end of the year? Viktor Pinchuk, the owner of the corporation, made permutations with an increase in position throughout the interpip... 30.11.2013  09:20

• Russia reduced stainless steel exports to 1000 tons In October 2013, Russian exports of stainless steel in October 2013 decreased by 7.8 percent compared to APPG-2012 and amounted to 1000 tons. This was announced today by the Association "Special Song". The structure of Russian exports was represented by a varietal rental, the share of which in... 29.11.2013  18:30

• Ukrainian metal rolling has fallen in price, and the steel workpiece has risen in price According to the SE "Ukrpromvneshekspertiza" (UPVE), export prices for a thin sheet and rollever fell in price, the reinforcement and a hot -rolled sheet remained unchanged, and the harvesting and thick steel grew. In addition, metal products in Ukrainian ports increased by 9 thousand tons to 1... 29.11.2013  18:15

• Russia on the verge of mass contractions in metallurgy and engineering According to RIA, the New Region, the level of production is rapidly falling at the industrial enterprises of the Urals. General industrial production in the Chelyabinsk region - the main machine -building and metallurgical region of the Urals - in 2013 will be less than 97 percent of the 2012... 29.11.2013  17:49

• Rio Tinto is no longer so sure of the prime of the Chinese economy Riotinto announced the restructuring of the expansion of its iron ore capacities in Pilbar, Australia, trying to reduce expenses during the slowdown in demand. The company does not refuse plans to increase the production of iron ore, but intends to reconsider some points for more efficient... 29.11.2013  17:27

• Scaw Metals Group will build a plant in Ghana South African manufacturer of steel, Scaw Metals Group, will build a new processing plant in Tema, Gana. This new plant will significantly increase the power of the grinding of the company on the African continent. Investments worth more than 40 million dollars are carried out in partnership... 29.11.2013  12:18

• Arselormital in June will resume the work of a blast furnace on Brazil Tubarao Arselormital, the world's largest steel manufacturer, plans to bring its Tubarao plant in Brazil at full capacity next year. This desire arose for the first time since the time of the financial crisis of 2008, thanks to the improvement of economic prospects in the USA and Europe. The company... 29.11.2013  11:19