Metallurgy news

• Rest Commerine Zaporizhstal increased the production of cast iron by more than 5% Zaporizhstal announced the results of production activities in 2012. The production of steel remained almost at the level of 2011, and the production of cast iron increased by more than 5%. The positive dynamics of the volume of steel and metal production was recorded since August 2012, after... 03.01.2013  00:01

• The purchase price of steel prices in China fell by 16% - Meps 2012 for Chinese metallurgy was difficult in all respects. Reproduction of steel and metal production provoked a drop in prices for finished products in the domestic market of the country. The tightening of credit policy in China entailed a slowdown in demand from the construction corporations... 03.01.2013  00:01

• At the Alchevsk Imark Plant, electricity will be generated from the waste of metallurgical production The Donbass Industrial Union launches at the Alchevsk Metallurgical Plant a fundamentally new electro -generating station with a capacity of 300 WATT. In January 2013, the first power unit of a gas turbine power plant will be included in the system, Taras Shevchenko, General Director of the... 03.01.2013  00:01

• The largest South Korean metallurgical company Posco was fined for dishonest competition Five metallurgical companies in South Korea were fined about $ 300 million for a monopoly pricing conspiracy. Among the fined firms, the largest steel manufacturer of this country is Posco. Posco and its Posco Specialty Steel department presented a fine in the amount of more than 110 million... 03.01.2013  00:01

• Plants in Asia show signs of revitalization with an ongoing drop in exports According to Reuters agency, the growth of industrial production in Asia is expanding in December amid the rise of the Chinese economy. However, export from Asian countries remains uneven, indicating the prospect of sluggish growth in the absence of fundamental prerequisites. Studies of the... 02.01.2013  00:01

• Magnitogorsk Impermining Complex announced the increase in prices for February The Russian Magnitogorsk Metallurgical Plant informed its partners about the upcoming increase in selling wholesale prices for metal distribution production on February 2013. In particular, the price of cold -rolled steel in rolls is raised by $ 20 per ton and hot steel in rolls of $ 30 per ton.... 02.01.2013  00:01

• Chinese metallurgists lost almost half the profit in the first ten months of 2012 According to the statistical data made in the China National Development Committee, the country's steel industry lost 48.3% of gross profit in the first 10 months of 2012, amounting to 113 billion 100 thousand yuan. The main source of losses was the metallurgical sector of industry, where gross... 02.01.2013  00:01

• Ukrainian cast iron in Turkey will rise in price to $ 415 per ton The SIS steel plants plan to increase export prices for cast iron in early 2013. The increase in prices is explained by a significant increase in the cost of iron ore raw materials in the global market. According to incoming data, Ukrainian metallurgists today offer cast iron in flashes in Turkey... 02.01.2013  00:01

• Innovations in the legislation of Ukraine entering into force on January 1, 2013 According to the Minister of Justice of Ukraine Alexander Lavrinovich with reference to the data of the Unified State Register of Regulatory Acts, from January 1, 2013, the regulations of 2 codes, 52 laws, 36 assets of the Cabinet and the 1st Decree of the President come into force in... 01.01.2013  00:01

• Iron ore reserves in Chinese ports of 22 million tons less than last year The number of iron ore in Chinese ports is the ninth week in a row, the National Bureau of Statistics of the PRC reports. As of December 28, 2012, the total amount of iron ore reserves in 30 main ports of China amounted to 73 million 140 thousand tons, which is 670 thousand tons less than only a... 01.01.2013  00:01