Metallurgy news

• VTB Capital allows a drop in gold prices next year to $ 1,000 per ounce World gold prices have no chance of growth in the foreseeable perspective. Speculations are possible, for which the ceiling will become $ 1,500 per ounce, and then a sharp fall of up to 1000 - 1200 dollars. This was discussed by analysts at the recent conference in Moscow dedicated to the market of... 25.11.2013  12:35

• AK Steel once again increased stainless steel prices According to AK Steel, the selling prices for Yghjlerwb. From stainless steel will be increased in January 2014 by 2 percent. In addition, discounts on another metal supply are canceled. Prices are expected to have AK Steel from stainless steel and special steels made to... 25.11.2013  12:31

• Mudis agency saw prospects in the European metallurgical industry According to the new report of the Moodis investment agency (Moody `S Investors Service), fundamental factors are improving in the European metallurgical industry, including some kind of growth in eurozone and domestic markets of clients. Today it revised its view of the European steel industry,... 25.11.2013  12:27

• The Criminal Court of Egypt again froze the assets Ezz Steel The Criminal Court of Egypt this Saturday froze the assets of the local oligarch Ahmed Ezz and forbade him to leave the country as part of a re -consideration of the case of corruption. The investigation of the "Mubarrak era" will affect not only the businessman himself, but his whole family.... 24.11.2013  10:38

• In any case, Ukraine will be supplanted from the Russian market According to several authoritative Ukrainian Internet agencies, Russia began to investigate dumping in the supply of steel rods (reinforcement) from Ukraine. However, most likely this was part of the pressure that, by order of the Kremlin, will be removed in the coming days. Until in Ukraine,... 23.11.2013  10:20

• Sumitomo purchased Br's Edgen Group Sumitomo Corp in Japan and Sumitomo Corp in America completed the purchase of Baton-Rugs based on Edgen Group. Edgen has 35 objects in 18 countries. The initial transaction value was declared at 1.2 billion dollars, with the assumption of the debt of Edgen. However, the acquisition was committed... 23.11.2013  09:54

• Fitch does not know what to say about Ukraine Ukraine’s statement on the suspension of preparation for signing an association agreement with the European Union threatens the loss of the possibility of strengthening the country's credit profile in the future, however, this decision reduces the risk of response from Russia, which is consistently ... 22.11.2013  19:07

• Cocking Coal prices tend to decrease The desire for steel factories in India during the year to get at least some good news, it seems, in the near future it may be fulfilled. Cocking coal prices will drop by a couple of dollars in December, and, as expected, the same thing will be repeated in the first quarter of next year. Miners... 22.11.2013  10:49

• ArcelorMittal buys hydrogen generators Air Products signed a contract that provides for the supply of three hydrogen generators and one nitrogen generator for the factory in France to the Indian Steel Giant Giant. Air Products will provide operational assistance to the Saint Chély d’APcher plant in Southern France with three hydrogen ... 22.11.2013  10:04

• Russia - production results became in January -October According to the State Statistics Committee of Russia, in the first 10 months of this year, the country has been registered in the country by a decrease in steel production by 2.6 percent to 48.2 million tons, production fell by 3 percent to 57.5 million tons and 0.9 percent of the cast iron output... 22.11.2013  09:26