Metallurgy news

• Azarov promised to solve the unresolved problems Prime Minister Nikolai Azarov congratulated Ukrainian women on his mother’s Day and noted that maternal words remain the most important in the whole life path of a person. This is stated in the official congratulation of the prime minister on the Mother's Day. “In Ukraine, from the first years of... 12.05.2013  10:58

• Forecast of world prices for stainless steel from Meps World prices for hot -rolled and cold -rolled stainless steel roll in April decreased by $ 80 per ton. At the same time, the internal prices for stainless steel fell in all studied countries with the exception of Japan. This was reported in the European analytical agency specializing in... 12.05.2013  10:48

• Japanese metallurgists announce cost reduction by almost three billion dollars The three largest Japanese manufacturers were Nippon Steel & Sumitomo Metal Corp, JFE Holdings Inc and Kobe Steel LTD announced a reduction in expenses by $ 275 billion or 2 billion 700 million dollars this year. The impetus for the adoption of such radical measures was an excessive offer of steel... 11.05.2013  09:37

• The European Commission considers the possibility of budget financing of the EU metallurgical companies The European Commission studies the legality of the release of money of the private company Duferco Group in the form of illegal state subsidies provided to it three years ago by the Belgium government. In the European Parliament, passions about the EU industrial policy are heated and high... 11.05.2013  08:56

• The Alchevsk Metallurgical Plant announced losses in the first quarter of this year PJSC "Alchevsk Immobomb" (AMK, Lugansk Region) in January-March 2013 showed 217 million 170 thousand UAH of pure loss according to international financial reporting standards (IFRS), which is 31.1 percent better than the indicator of the first quarter of 2012. According to the company's report... 10.05.2013  17:34

• Exxonmobil and Chevron will come to Ukraine for a long time Foreign Minister Leonid Kozara, during a visit to the United States, expressed the hope that powerful international energy companies such as Exxonmobil and Chevron will come to Ukraine and will remain for a long time, Radio liberty reports. Also, during one of the business meetings, the minister... 10.05.2013  17:21

• Arselormital shares increased by 7.5 percent after announcement of expenses in Europe According to Reuters, on Friday the shares of the largest metallurgical company in the world Arselormital grew 7.5 percent after the company announced the maintenance of the profit level due to the reduction of expenses. As we have already reported, the head of Arselormital Lakshmi Mittal said... 10.05.2013  16:43

• After eight years of waiting, the South Korean Mining and Metallurgical Company Posco received all the necessary permits for the construction of a missile defense system in India Today in New Delhi, the Supreme Court of India canceled the decision of the lower court on the ban on the South Korean Metallurgical Company Posco to obtain iron ore and produce steel in India. Thus, the company has become one more step closer to the implementation of the largest project worth more... 10.05.2013  16:08

• The largest metallurgical company in China Baosteel was forced to reduce steel prices for the first time in the last nine months The Chinese steel giant Baoshan & Steel Co (Baosteel) reduced the selling prices for metal products for the first time in the last nine months due to a huge excess supply of steel in the country's domestic market. The company announced a decrease in $ 30 prices for hot -rolled sheet rental and... 10.05.2013  15:51

• The growth of steel production in Brazil will be 5.8 percent In accordance with the Forecast of the Institute of Steel Aço Brasil), the production of steel in this country will increase by 5.8 percent by the end of the year and amount to 36 million 500 thousand tons. At the same time, the consumption of metal rolling will grow by no more than 4.2 percent - ... 09.05.2013  10:35