Metallurgy news

• Vale company for the first time in ten years received a quarterly loss According to the company itself, in 2012 the net profit of the largest mining company in the world of Vale decreased by 76% compared to 2011 - to 5 billion 511 million dollars. At the same time, in the last quarter of last year, the company received a net loss of $ 672 million. In addition, in... 28.02.2013  09:35

• In Asian steel markets, conflicting moods As stated in the report of the Meps analytical agency, the Asian markets have been demonstrating growth since December 2012. The most significant indicator here is China, the internal prices of which have grown without stopping from the middle of January this year before the lull for the period of... 28.02.2013  08:59

• Hurricane did not touch the port of Hedland and today the shipment of iron ore will resolve The hurricane was reduced to the 2nd category of danger and passed by the port of Hedland, the largest transshipment point of iron ore in Australia. Last night, the storm turned east and by 17-00 GMT passed the Australian coast safely. Storm waves are no longer a threat to the Hedland port and... 28.02.2013  08:51

• Iran intends to increase the production of iron ore by one and a half times In accordance with the five -year plan for economic development by the adopted Iran, state investments in the mining industry of the country will amount to at least 125 trillion Rials (approximately $ 11 billion). This was announced by Deputy Minister of Industry, Rudnikov and Trade, Chairman of... 27.02.2013  16:44

• Ukrainian metallurgists will work on the domestic market if 380 billion hryvnias are spent on them The Prime Minister of Ukraine Nikolai Azarov expects that the implementation of measures provided for by the program for the activation of economic development for 2013-2014 will reduce domestic manufacturers of metal distribution to the domestic market. He told about this today at an expanded... 27.02.2013  15:53

• Ukraine has become 30% less to sell cast iron In January 2013, cast iron exports from Ukraine decreased by 33.7% compared to the previous month - up to 139 thousand 150 tons, this was reported in the office of ministers. The revenue from the sale of cast iron abroad also decreased by 31.4% - to 47 million 730 thousand dollars. The most... 27.02.2013  11:46

• Brazilian usiminas announced an increase in price prices by 12% The Metallurgical Company USMINAS SIDERURGICAS de Minas Gerais SA based in Brazil, which suffered serious losses in the fourth quarter of last year, decided to take revenge and announced the prices of its metal products since March 2013 by 12%. This is stated in the customer newsletter of the... 27.02.2013  09:15

• Iron ore in three months will cost $ 70 per ton - Analytic's opinion Iron ore, selling today at a 16-month maximum, will fall at a price of more than 50% to the lowest level from 2009, said the market analyst from Sydney Tom Price. After China increases its own production of iron ore raw materials, the world prices for it will double - up to $ 70 per ton, he... 27.02.2013  08:51

• Hurricane to grow reached the fourth category of danger The most powerful tropical cyclone, which fell on Monday on Australia, has reached the fourth category of danger today as a hurricane, as was predicted by weather forecasters. The epicenter of the hurricane is now 130 km northeast of the Pilbar port, where the wind speed reaches 165 km/h. This was... 27.02.2013  08:27

• MMK named after Ilyich in 2012 received about three billion hryvnias of loss In 2012, PJSC Mariupol Metallurgical Plant named after Ilyich, according to preliminary data, received a loss of 2 billion 782 million 306 thousand UAH. This was reported at the enterprise. As of the end of 2012, the total value of the plant’s assets was 17 billion 795 million 444 thousand UAH, t... 27.02.2013  08:20