Metallurgy news

• Aluminum will not be able to grow in price - Goldman Sachs Goldman Sachs analysts revised their own forecast for the global price of aluminum in 2013, worsening expectations by 10 percent. It is reported by Dow Jones. Prices for aluminum will continue to fall, market experts note. A weak reaction of buyers to decreased prices proves the presence of an... 21.10.2013  09:54

• The World Bank revised its forecast for iron ore towards rising prices The price of iron ore in 2013 will be higher than predicted earlier. Such a forecast was voiced by experts of the World Bank against the background of the continuing growth of world production, improvement in the Chinese economy and after revising forecast oil prices. The new document of the... 20.10.2013  22:05

• Nickel's excess supply in the global market reached 108 thousand tons According to the report of the International Statistical Bureau of metals and alloys of the World Bureau of Metal Statistics (WBMS), an excess supply of Nickel in the world markets for January - August 2013 amounted to 108 thousand tons. In total, from the beginning of the year, 1 million 272... 20.10.2013  21:48

• Steel production in Japan has reached a five -year maximum The production of steel in Japan in September reached a five -year maximum. His rise was supported by the rapidly growing construction sector of the country of the rising sun. And in the Russian Federation a protruding leaf to buy offers the company Optima steel, in the assortment of 0.7 to 6 mm... 19.10.2013  10:31

• US metallurgical enterprises increased sheet steel prices According to the SSAB Americas and Evraz North America metallurgical companies on Monday, sheet steel in these plants will cost more than $ 30 and 40, respectively. The letters sent by customers indicate that the new minimum basic prices for hot -rolled steel come into force immediately. Recall... 19.10.2013  09:04

• Taigang Stainless Holds the prices for export of flat stainless rolled Taigang Stainless, the largest stainless steel manufacturer in China decided to leave his export prices for austenitic rolls unchanged for delivery in December. In addition, the company retained export prices of stainless steel at the same level for the past two months. After the price of... 19.10.2013  08:25

• Bentler enters the American market for seamless pipes During the implementation of the Bentler growth strategy (BSR), located in Padderborn (Germany), they entered into an agreement with Danieli & C Buttrio (Italy) on the construction of a new seamless plant of 4 ½ "in the USA. The plant will be built in Srivorta, in the north-west of Louisiana, and ... 18.10.2013  21:30

• Steel production in China continues to contract The average daily production of raw steel in China in early October continued to contract, dropping another 1.34 percent in the first decade in relation to the last ten days of September. According to the CISA Metallurgical Association, the metallurgical enterprises of this country melted an... 18.10.2013  21:15

• Ukraine increased iron ore imports by 13 percent In January - September 2013, Ukrainian consumers imported 2 million 80 thousand iron ore, which is 13 percent more than the APPG -2012 indicator. This is evidenced by the data of the customs statistics of Ukraine. Meanwhile, in September, the import of iron ore raw materials to Ukraine... 18.10.2013  21:05

• Ukraine increased the import of scrap metal two and a half times In January - September 2013, Ukrainian consumers imported about 160 thousand tons of scrap metal into the country, which is almost two and a half times higher than the APPG -2012 indicator. In monetary terms, the cost of metal scrap increased by 60 percent, to 61 million 313 thousand US dollars.... 18.10.2013  20:57