Metallurgy news

• EU aluminum industry calls for protection Companies for the production and utilization of aluminum in Europe called on the Council of Europe to take measures to protect industries, including the automotive industry, the main car models of which and spare parts for them are presented here , which suffer the most from global... 22.03.2014  16:19

• Zaporizhstal signed a new collective agreement for 2014 On March 21, at the conference of the labor collective of JSC Zaporizhstal, the Collective Agreement between the administration of the metallurgical plant and the labor collective for 2014 was adopted. On the part of the employer, the document was signed by Rostislav Shurma, General Director of... 21.03.2014  19:29

• Metallurgical Forum to be held in Kazakhstan The Fifth Anniversary International Congress "Astana Mining & Metallurgy" (AMM 2014) will be held in Astana on June 12-13, the Ministry of Industry and New Technologies of Kazakhstan reported. The main theme of the congress is "Modernization of the mining and metallurgical complex as a key... 21.03.2014  11:16

• Tata Steel Europe benefits from the confrontation between Ukraine and Russia Shares of Tata Steel posted gains on Thursday after the highest gain of 4.6 percent a day earlier. Tata Steel rallied Wednesday on expectations that a geopolitical standoff between Russia and Ukraine would benefit the Indian steelmaker. Global investment bank Citi says the current diplomatic... 21.03.2014  10:40

• Wuhan Steel will spend $ 5 billion to build a steel plant in Indonesia The Metals Corporation of China plans to invest up to $ 5 billion this year to build an integrated plant in Indonesia. The firm has carried out a feasibility study for the project and is currently evaluating a site for installation prior to the plant. MC Hidayat, China's Industry Minister, said... 21.03.2014  09:41

• Chinese steel corporation will not have to pay countervailing duty in the US The US Department of Commerce (DOC) ruling favored China Steel Group, the largest steel producer in Taiwan, with regard to electrical steel imports. In a statement released by DOC, the government assigned a marginal subsidy rate of less than 1 percent to the China Steel group and its subsidiaries.... 20.03.2014  11:57

• ThyssenKrupp launches service center in North America ThyssenKrupp Materials strengthens the trading business in a strategically important region of America by expanding supply chain efficiency. The new service center is located in Woodstock, Alabama, and will feature a facility of just under 1,000,000 square meters where primarily quality steels... 20.03.2014  11:11

• MMK is considering selling its stake in the mining company Fortescue Magnitogorsk Iron and Steel Works may sell its shares in the largest Australian iron ore producer. This was announced today by the main shareholder of MMK, Viktor Rashnikov. According to him, MMK is considering selling a 5.37 percent stake in the Australian Fortescue Metal Group (FMG) by the end... 20.03.2014  11:03

• China Metals Prepared For The Worst Quarter The Chinese steel industry is likely to see its worst period in the 1st quarter of 2014, warned Liu Zhenjiang, deputy director of the China Iron and Steel Industry Association (CISA). CISA is tracking a loss of one billion yuan in January alone. Moreover, 43 capacities are operating in the red,... 20.03.2014  10:31

• SMS Meer expands presence in Shanghai German engineering group SMS Meer, a supplier of technology and equipment for the steel industry, is expanding its Shanghai plant to tackle the growing demand of Chinese customers who are on a path of renewal. The creator of machines for forging and rolling section mills is confident in the... 20.03.2014  10:09