Metallurgy news

• Steel production in China has grown over nine months by eight percent According to the data published by the National Commission for the Development and Reforms of the PRC (NDRC), the production of steel in China in the first nine months of 2013 increased by 8 percent compared to the APPG -2012 and amounted to 587 million 380 thousand tons in January - September of... 31.10.2013  10:19

• World scrap prices are rising Over the past two weeks, the price of steel scrap in the United States has risen by $ 10 per ton. In addition, analysts predict a further increase in quotes by another 15 dollars until the end of 2013. Industry sources report that a strong increase in world metal prices will be supported by the... 30.10.2013  13:33

• Tata Steel restructuring in the UK will lead to a reduction in 500 workers Tata Steel announced a proposal for the restructuring of the production of varietal rental in order to strengthen its competitiveness. The proposed changes affect mainly managerial and administrative functions in the field in the scantorp, tissid and work, which can lead to a loss of about 500... 30.10.2013  11:56

• In Indonesia, the largest aluminum plant in Southeast Asia began In the province of West Kalimantan in Indonesia, aluminum began to produce the largest Tayan plant in the country. In its construction, the Indonesian state mining company Aneka Tambang (Antam) with 80 percent of the shares and the Japanese Showa Denko, which owns 20 percent of shares of a joint... 30.10.2013  11:54

• Thyssenkrupp Steel Europe restarts the house number nine in Duysburg The German steel company Thyssenkrupp Steel Europe announced the restart of the blast furnace No. 9 at the aid in Khamborne, Duisburg. Recall that this furnace was disabled in the spring of 2012 for major repairs and replacing the cooling system. As part of the overhaul, the latest high-pressure... 30.10.2013  11:30

• Chinese Baosteel reduced net profit in the first nine months of 2013 by one and a half times According to the message of the leading metallurgical company of China Baoshan Iron & Steel (Baosteel) yesterday, its net profit for January - September 2013 decreased by 57 percent compared to APPG -2012 and fell to 4 billion 640 million yuan. The growth prospects in the fourth quarter of this... 30.10.2013  11:21

• Chinese Wisco increased net profit in nine months of 2013 According to the message of the largest metallurgical company of China, Wuhan Iron and Steel (Group) Corp (Wisco), its net profit in the first nine months of 2013 flew 94.44 percent compared to APPG-2012, up to 651 million yuan. However, the company's operating incomes were reduced in an annual... 30.10.2013  11:15

• ArcelorMittal Gent successfully launched an updated converter In Belgium, in accordance with the ArcelorMittal Gent schedule, the converter, modernized by SMS Siemag, Germany, successfully put into operation. The company SMS Siemag supplies a converter equipped in the central part of the TRAPF ring connecting to the tilt device, as well as the converter... 29.10.2013  17:18

• Afghans lose the struggle for the resources of Afghanistan The Consortium of Indian companies, led by Steel Authority of India, announced his intention to reconsider the conditions for permission to extract iron ore in Afghanistan due to hostilities in the region. It is reported by Reuters. The hopes of the government of Afghanistan for the influx of... 29.10.2013  17:11

• Workers of the Zlatoust Metzavod will go to a rally of gratitude The city administration of the Russian city of Zlatoust applied an application for a rally of workers of the Zlatoust Metallurgical Plant (ZMZ) in the amount of 5 thousand people on November 1, 2013. The event will be held as a sign of appreciation to workers to the leadership of the city and the... 29.10.2013  17:02