Metallurgy news

• Two metallurgical units of the Hyundai group plan to unite Hyundai Steel, the second most manufacturer of the metal rolling in South Korea, announced its intention to absorb one of its units that is engaged in the production of thin -leaf rental for the manufacture of cars. Thus, the South Korean metallurgical giant will reduce costs and increase its... 18.10.2013  11:18

• The production of steel decreased in China In September 2013, the Chinese metallurgical industry smelted 65 million 420 thousand tons of steel, which is 1.3 percent less than in August. This is evidenced by the data of the National Statistical Bureau of the DPRK. At the same time, the production became 11 percent compared to the... 18.10.2013  10:06

• Nucor and Gerdau raised reinforcement prices and are confident in the support of the market In the United States, where the next theatrical budget crisis has just been resolved, two leading metallurgical companies once announced an increase in prices. Today, this was announced in Nucor and Gerdau. The demand for reinforcement in the States today is at the peak of seasonal growth and... 17.10.2013  09:57

• Metallurgprom reports to maintain the level of production of metal rolling in Ukraine In January - September 2013, Ukrainian permits, compared with the APPG -2012, retained the production of metal rolling at last year’s level of 21 million 920 thousand tons, increased the production of steel by 1 percent, to 24 million 847 thousand tons and increased the production of cast iron by 2 ... 17.10.2013  09:00

• Russia fixes the record growth of Ukrainian steel imports The Customs Service of the Russian Federation reported on the growth of Ukrainian imports of metal rolling in September 2013 at once by 7.3 percent compared to the previous month. The total number of Ukrainian steel penetrated on the territory of the "fraternal" state reached 274 thousand 200 tons,... 17.10.2013  08:51

• VallouREC will put pipes for the marine deposit in Brazil VallouRe, the world leader in the production of premium grade pipes, announced that his Brazilian branch, VallouReC Tubos Do Brasil, was selected as a supplier of pipes for the development of the Xerelete marine deposit in Brazil, which was started in 2012. The Xerelete field is located... 16.10.2013  19:25

• Iran went to the fourth place in the list of iron ore suppliers to China According to the Chinese Customs Service, Iran exported more than 15 million tons of iron ore to this country over the eight months of 2013. These data indicate that the Islamic Republic has become the fourth in terms of supplies to the exporter of metallurgical raw materials to China after... 16.10.2013  18:57

• Iron ore will get cheaper - a special report UBS Iron ore prices will begin to fall already in this quarter due to a seasonal reduction in demand, UBS analysts write. In the future, with an increase in the amount of supply, the cost of iron ore raw materials will continue to decrease. "The risks of a seasonal rollback of production of steel... 16.10.2013  18:06

• Putin plans to organize a railway message with North Korea Last month, Russia completed the study of the area, according to which a 54-kilometer railway line should pass. It is part of the project of President Putin aimed at reuniting the railway systems of two Kores and their binding to the Trans -Siberian Railway. The railway route will turn out to be... 16.10.2013  11:23

• The EU will not cancel the duties on the import of metal fittings from South Korea and Malaysia The European Union announced its intention to again introduce tariffs for metal fittings made in South Korea and Malaysia for another five years. The introduction of these measures may be necessary to protect European manufacturers of this type of product. The EU stated that the amount of duties... 15.10.2013  16:51