Metallurgy news

• The iron ore market responded to Chinese demand The revival in the domestic market has become China in recent times constantly exciting the imagination of miners and operators in the raw materials market. Chinese demand, as you know, is a key factor that determines the price of the purchase of iron ore. It was the situation in the Chinese... 13.08.2013  16:40

• Thyssenkrupp can save its Brazilian steel factory The German steel company Thyssenkrupp ultimately decided not to sell its unprofitable Brazilian steel plant, as reported by sources familiar with the negotiations. Negotiations that have not given any results for a month are complicated by the fact that the Brazilian Vale Shakhtar, which owns 27... 13.08.2013  10:34

• Serbia revised the reserves of gold and copper Last week, the Government of Serbia, represented by Minister Milan Bachevich, who heads the Ministry of Natural Fossils and Proding Industry, said that his country had much more gold and copper reserves than early. In June of this year, it was already reported that in the Bora region, this east of... 13.08.2013  10:20

• Condiac sees the complete restoration of the Mexican economy in 2014 The President of the National Confederation of Distributes became Mexico (Condiac) believes that the restoration of the economy is probably not fully expected in the second quarter of 2013. And by the implementation of structural reforms in the energy and tax revenues in 2014 and 2015, this is... 12.08.2013  16:56

• Hyundai Wia creates a joint venture with a Japanese manufacturer of turbochargers Hyundai WIA South Korea, the largest manufacturer of auto parts, laid the foundation for a joint venture with the Japanese manufacturer of turbochargers IHI Corporation. The joint venture of Hyundai Wia IHI Turbo LLC plans to produce 250 thousand units of turbochargers at its SEOSAN factory,... 12.08.2013  16:17

• Russia intends to stimulate the import of scrap metal The Government of the Russian Federation has begun consideration of methods for reducing VAT on the import of scrap into the country in order to protect its consumers. Simultaneously with the introduction of this measure, it is planned to establish an environmental fee for its export. After... 12.08.2013  15:57

• Ukrainian metallurgists in the first half of 2013 increased the export of metal rolling In January - June 2013, Ukrainian metallurgical companies shipped 0.8 percent more for export than in APPG -2012. The total number of steel exports from Ukraine in the first half of the year amounted to 11 million 800 thousand tons. This is stated in the report of the SE "Ukrpromvneshexpertia".... 12.08.2013  10:43

• Millions of pounds of earnings on outdated electronics receives Britain The rapid development of modern computer and household appliances sends millions to the tone of obsolete or those who have exhausted their resource of models. But processing such electronics is quite expensive. Therefore, some companies prefer to simply send it abroad. According to some... 12.08.2013  10:42

• Emergency for Azovstal - the driver of steam turbines died Yesterday, on August 10, in the early morning, a pressure duct of 1000 mm with a diameter of 1000 mm occurred at the Azovstal metallurgical plant. As a result, the driver of steam turbines, located in the premises of the control panel of the TPP turbocharger, died. This was reported by the press... 11.08.2013  15:55

• Key events of the outgoing week in the steel market The past week was marked by several iconic events in the world metallurgical industry: Russia reduced export of metal products, the main players worsened their indicators and again spoke about the oversaturation of the iron ore market. Against this background, the production of steel pipes of... 09.08.2013  19:16