Metallurgy news

• World Bank is disappointed with Ukraine The World Bank once again revised the forecast of the growth of the Ukrainian economy by lowering it to zero. Earlier, the bank thought that Ukraine would increase by one percent. The fault of the pronounced export orientation of the economy in which metallurgy dominates, falling into the abyss... 07.10.2013  14:11

• Indian company National aluminium will increase its production State company National Aluminium Co. (NACL), which is the largest manufacturer of non -ferrous metal in India, can invest 50 billion rupees ($ 811 million) to increase the capacities of aluminum processing in order to increase their income, which, according to static data, fell to a three -year... 07.10.2013  12:58

• Australian port of Hedland, one and a half times he nailed a transshipment of iron ore According to the data provided by the Hedland Australian port, the transshipment of iron ore cargoes in September 2013 reached 28 million 900 thousand tons, which is 5.7 percent more than last month and 45.6 percent more than in the APPG-2012. In September, the largest importer of iron ore raw... 07.10.2013  08:42

• In six months, Iran smelted seven million seven hundred forty thousand tons of steel According to Tehrantimes, in the first half of the current Iranian calendar year, which began on March 21, more than 7 million 740 thousand tons of steel produced in Iran, which is 2 percent more than in the APPG-2012. According to the World Metallurgical Association, the World Steel... 06.10.2013  15:45

• Strengthened euro crushing prices in Europe Prices for steel in Europe were under pressure from imported offers due to the sharp increase in the euro against the US dollar. In addition, importers of metal rolling in the EU compete, offering more and lower prices. Last week, Turkish companies traded in Katan and Armature in European... 06.10.2013  14:38

• The level of steel recycling in the United States reached 90 percent The US Steel Recycling Institute has become its 25th anniversary of secondary processing. Today it is a structural unit of the American Institute of Cast iron and became AISI. Particularly pride and most important achievement, employees of the institute believe that according to the results of... 05.10.2013  12:13

• American Severstal will focus on profit, and not on mergers and acquisitions During the telephone conference held on Thursday, recently appointed to the post of Director General of Severstal North America Saikat Day, said his company will focus on improving profits, and not on large acquisitions or other expensive projects. The metallurgical capacities of Severstal in... 05.10.2013  08:48

• Nippon Steel put into operation HDG Plant in Thailand Nippon Steel and Sumitomo Metal Corporation created Nippon Steel & Sumikin Galvanizing (NSGT) in Thailand for the production and sale of a galvanized steel sheet. Since then, in the eastern industrial zone of the province of district in Thailand, the construction of a new plant has been carried... 05.10.2013  08:48

• Vale mining company will pay dividends for $ 4.5 billion The Brazilian company Vale SA, which is one of the world's largest iron ore producer, increased the interest rate on dividends due to the increase in raw materials prices, which led to an increase in demand from Chinese consumers. Also this year, the first 13 percent of the total dividend amount... 04.10.2013  14:15

• Eurofer opens against the unfair policy of LME The European steel industry, in the person of Eurofer, has serious fears about the new rules proposing changes to the LME warehouses (London Metal Exchange) of July 1, 2013. Eurofer believes that the rules for the release of goods from their warehouses LME should be reassessed taking into... 04.10.2013  13:36