Metallurgy news

• China investment in railways increased by 25.7% The Sinhua news agency reports that during the first two months of the year, investment in the main capital of China railways increased by 25.7% in the annual calculus to CNY 37630 million (about $ 6 billion). According to information provided by the Ministry of Railways, a significant growth was... 18.03.2013  22:38

• The Novolipetsk Metallurgical Plant last year reduced its net profit by almost a third OJSC Novolipetsk Metallurgical Plant (NLMK) (LSE: NLMK) published its financial results today in 2012, as well as the financial results of its subsidiaries of VIZ-Stal LLC, OJSC STRENSKY GOK, OJSC NSMMZ (Sorting Division of NLMK OJSC), Altai-Cox OJSC. According to the announced data, NLMK’s net ... 18.03.2013  20:31

• Japanese Nippon Steel raises the cost of a rally beam due to high demand The largest Japanese metallurgical company Nippon Steel and Sumitomo Metal Corp (NSSMC) announced today about increasing prices for a steel double -barrel beam by ¥ 5000 (52 dollars/tons) in case of internal supplies in March 2013 and ¥ 10000 (105 dollars/TN) for deliveries in April - September. ... 18.03.2013  20:19

• Donetskstal takes a loan of $ 40 million for the completion As the chairman of the Donetsk regional state administration Andrei Shishatsky, the Donetsk electrometallurgical plant Donetskstal will take 40 million dollars to complete the first stage of reconstruction, said at a meeting today with the Donbass journalists. This is written by the news of... 18.03.2013  16:23

• The decline in industrial production in Ukrainian metallurgy amounted to 6.6% In February 2013, the decline in industrial production in the metallurgical industry of Ukraine in relation to February 2012 amounted to 6.6%. This was reported by the State Statistics Service of Ukraine. The report said that the total decline in industrial production in the country's economy in... 18.03.2013  16:11

• The antimonopoly service of Russia will force Gazprom to buy pipes from the manufacturer On March 15, the Federal Antimonopoly Service (FAS) of Russia made a statement, which, in particular, states that it was completed by the investigation regarding the supply of large diameter pipes to OJSC Gazprom. The verification established that since 2005, Gazprom has purchased large quantities... 18.03.2013  09:52

• This year, Russian metallurgists will focus on the domestic market The lack of prospects in foreign markets and limited domestic consumption will be forced to reduce Russian metallurgical companies to reduce steel production and enter into competition for local consumers of the metal rolling. This was written by the magazine of metal supply and sales, reports ... 18.03.2013  09:32

• Brazilian CSN still wants the Thyssenkrupp plant in Alabama As it became known to the reconnaissance agencies Reuters, the Brazilian CIA Siderurgica Nacional SA (CSN) is not going to leave the THYSSENKRUPP metallurgical assets distance in the race. CSN managed to agree with the BNDES National Bank (BNDES) on the provision of a preferential loan for the... 17.03.2013  19:07

• Arselormittal Kryvy Rog will increase the sales of reinforcement According to the Metal -Courier magazine, the Arselormittal Crooked Rog Metallurgical Plant intends to increase the shipment of reinforcing steel to its consumers in March 2% - up to 225 thousand tons. At the same time, the shipment of reinforcement in the Russian Federation will increase by 4-5%... 17.03.2013  18:52

• Arselormital intends to cut its production costs for $ 3 billion The largest steel company in the World Arselormital plans to reduce production costs by $ 3 billion before the end of next year. This is stated in the company's statement for investors. As stated in the message, the savings will take place several stages of improving non -precise operations and... 17.03.2013  12:51