Metallurgy news
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MMC Norilsk Nickel sells another foreign assetMMC Norilsk Nickel and BCL Limited on October 18 in Johannesburg signed an agreement on the sale of Norilsk Nickel's African assets in Botswana and South Africa. The amount will amount to $ 337 million. MMC Norilsk Nickel is selling to BCL Limited 50 percent of Nkomati Nickel and ChromeMine in…
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Tata Steel makes progress in selling its steel business in EuropeTata Steel has been negotiating and discussing the possible sale of its steel business and distribution network operations in Europe for a long time with the Swiss investment bank Klesch Group. Tata Steel bought the Corus group for about $ 12.040 million, successfully placing a bid with the CSN…
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Anti-dumping research in Europe - BaosteelThe president of the state-owned steel company Baosteel, China's largest, said during the Europe-China Forum Hamburg that anti-dumping research in Europe against Chinese exports is unfair and unfounded. In addition, he clarified that the reason for the decline in prices for export goods from China…
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Turkey's Steel Pipe Exports Increase 11 PercentData released by the Turkish Steel Pipe Manufacturers Association (CEBID) shows that exports of Turkish steel pipes increased significantly during September this year. This was reported in http://uchm.ru/. Exports of pipes in September 2014 amounted to 183,160 tons, which is 10.8 percent higher…
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Nothing will affect copper mining for KGHMNeither the copper price nor the tax increase will affect the development of a copper mine in Chile, said Herbert Wirth, chief executive of KGHM. A new copper mine for copper giant KGHM has been inaugurated in Chile. During the opening ceremony of the Sierra Gord mine (Sierra Gord), the company…
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Exports of scrap from the EU area increased by 5 percent in the first half of 2014Scrap metal exports from the EU-27 increased in the first six months of this year, according to the latest trade statistics. Exports of scrap from the region amounted to 8.55 million tons in January-June this year. As reported on http://pkpenzvtor.ru/, the growth was 5.1 percent compared to exports…
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Profit growth is expected in the metallurgical industryThe situation on the steel market in the spring and summer of this year has improved significantly. The volume of sales has grown and the companies have made good profits. Experts note that this happened due to the fact that the ruble fell in price, supplies to Ukraine decreased, and demand…
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ArcelorMittal Kryvyi Rih steel production fell in the first 9 monthsAccording to the company, ArcelorMittal Kryvyi Rih, a subsidiary of steel giant ArcelorMittal in Ukraine, announces that its crude steel production was 4,710,000 tons between January and September, down 1 percent year on year. During this period, the production of finished rolled products of the…
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Alcoa is developing to improve the American military transportThe world's third-largest aluminum producer, Alcoa, announces that it has produced the world's first one-piece aluminum for military vehicles as part of a deal it signed with the US Army last year. The prefabricated structures that have been used in the American army to this day will be replaced by…
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Metallurgists in China contribute to the fall in steel pricesThe falling demand for steel creates global problems in the process of forming the value of steel. At the same time, the critical situation in China goes beyond government control, since many of the enterprises independently increase supplies and reduce prices, which contributes to an increase in…
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