Metallurgy news

• Infrastructure projects in Qatar will require 800 thousand tons of metal rolling The construction of an integrated railway network worth more than $ 37 billion will require about 800 thousand tons of metal products, which will give an excellent opportunity to earn steel suppliers to the region, said Mr. Saad Al Mukhannadi General Executive Director. The project provides for... 24.02.2013  18:25

• Steel production in the European Union in January 2013 The production of steel in the European Union in January 2013 increased by 7.3% compared to December 2012 and amounted to 12 million 541 thousand tons, which is 8.8% less than in January 2012. The production of steel in Germany increased by 17.4% - to 3 million 25 thousand tons, in France - by... 24.02.2013  17:35

• The largest mining company in the world is preparing to reduce demand for minerals BHP Billiton Ltd. (BHP) is the world's largest mining company, announced the need to reduce expenses in connection with a decrease in demand for minerals over the next five years. Speaking last night at a press conference in Melbourne, recently appointed to the post of executive director of... 24.02.2013  14:23

• The American Institute of Cast iron and began to further increase the import of metal distribution in the United States The American Institute of Cast iron and steel (AISI) said that the continuing fourth year in a row, the increase in the import of metal rolling in the United States will be 2 - 3%in 2013, adding problems to local steel producers. In an interview for Reuters, AISI representatives reported that... 24.02.2013  13:21

• The Romanian government will support the buyer of metallurgical plants Mechel Romanian Prime Minister Viktor Pontus said that the Romanian state is concerned about the sale of steamers of steel plants, but the country's government is ready to support a new investor who took a risk of taking responsibility for these enterprises. This is written by the Balkan... 23.02.2013  13:10

• The average daily production of steel in China increased by another 4.4% The Chinese Association (CISA) said today that in the first decade of February this year, the average total daily production volume of steel at large and medium metallurgical enterprises in China increased by 6.1% with respect to the previous decade (from the 21st to January 31) and amounted to 1... 23.02.2013  12:52

• Metinvest received 454 million dollars of net profit in 2012 According to the preliminary report on the financial and operating results of the Metinvest group for 2012, the company's net profit for a year decreased by 76% - to $ 454 million, and consolidated revenue fell by 11% - up to 12 billion 565 million dollars. This was reported by the press service of... 23.02.2013  12:25

• The Enakievsky Metallurgical Plant last year lost more than 72% of the profit In 2102, PJSC "Enakievsky Metallurgical Plant" reduced its profit three times compared to 2011. According to the announced of the National Commission on Securities and the Stock Market, the net profit of the plant amounted to 69 million 431 thousand UAH, which is 72.1% less than in 2011. In... 22.02.2013  17:09

• The production of cast iron in the world grew by 3% in January According to preliminary data published by the World Association, WSA became the world production of cast iron in 38 member countries of this organization in January 2013 compared to December 2012 by 3% to 90 million tons, which is 5.85% more than in January 2012. The largest manufacturer of... 22.02.2013  09:55

• Chinese metal rental began to get cheaper again After a rapid rise in prices at the beginning of this week, metal products began to be cheaper in China. A detailed analysis of the current situation opens up some obvious realities that were silent during the rising market trend. The enthusiastic expectation of consumption growth prompted... 22.02.2013  09:15