Metallurgy news

• Arselormital shares increased by 7.5 percent after announcement of expenses in Europe According to Reuters, on Friday the shares of the largest metallurgical company in the world Arselormital grew 7.5 percent after the company announced the maintenance of the profit level due to the reduction of expenses. As we have already reported, the head of Arselormital Lakshmi Mittal said... 10.05.2013  16:43

• After eight years of waiting, the South Korean Mining and Metallurgical Company Posco received all the necessary permits for the construction of a missile defense system in India Today in New Delhi, the Supreme Court of India canceled the decision of the lower court on the ban on the South Korean Metallurgical Company Posco to obtain iron ore and produce steel in India. Thus, the company has become one more step closer to the implementation of the largest project worth more... 10.05.2013  16:08

• The largest metallurgical company in China Baosteel was forced to reduce steel prices for the first time in the last nine months The Chinese steel giant Baoshan & Steel Co (Baosteel) reduced the selling prices for metal products for the first time in the last nine months due to a huge excess supply of steel in the country's domestic market. The company announced a decrease in $ 30 prices for hot -rolled sheet rental and... 10.05.2013  15:51

• The growth of steel production in Brazil will be 5.8 percent In accordance with the Forecast of the Institute of Steel Aço Brasil), the production of steel in this country will increase by 5.8 percent by the end of the year and amount to 36 million 500 thousand tons. At the same time, the consumption of metal rolling will grow by no more than 4.2 percent - ... 09.05.2013  10:35

• The increase in demand for steel from China will not exceed 2.5 percent - Lakshmi Mittal The largest metallurgical company in the World Arselormital suffered serious financial losses in the first quarter of 2013 associated with the ongoing drop in demand for steel in Europe and a drop in prices for iron ore raw materials. This was announced by the head of the company Mr. Lakshmi Mittal... 09.05.2013  10:20

• Ukrainian veterans of the Great Patriotic War raised a pension to $ 300 From May 1, 2013, the size of the pensions of the participants in the military operations of the Great Patriotic War and the disabled II and III groups cannot be less than 2547 UAH 90kop, which is 285 percent of the subsistence minimum for persons who have lost their ability to work. This was... 09.05.2013  10:13

• Greece metallurgical industry is on the verge of stopping In recent years, the steel industry of Greece has seriously suffered from a sharp decrease in the demand for metal rolling, which pushes the owners of the missile defense systems to stop production. Excessive metallurgical capacities in the country reached 4 million tons, while the demand for steel... 08.05.2013  09:33

• Demand for iron ore from the side of China rose to the highest level over the past four months Import of iron ore in China increased to 67 million 200 thousand tons in April with 64 million 600 thousand tons in March, which has become the highest level of consumption of raw materials over the past four months. At the same time, in an annual comparison, iron ore imports increased by 14... 08.05.2013  08:49

• In the last decade of April, Chinese metallurgists set a new record for steel production The average daily Chinese production of steel in April 21 to 30, 2013 reached a level of 2 million 129 thousand, which is a new record for local metallurgy and 0.6 percent higher than on the previous ten days. This is evidenced by the data of the Chinese Association of cast iron and became CISA.... 08.05.2013  08:41

• 100 billion rubles will be invested in the development of metallurgy of the Krasnoyarsk Territory Today, at a special meeting of the Government of the Krasnoyarsk Territory, a program for the development of the metallurgical complex of the region for 2013 - 2015 was approved. About 100 billion rubles will be invested to fulfill the intended from the state budget. It is reported by... 07.05.2013  15:54