Metallurgy news

• Sesa and JSW accuse each other of iron ore price monopoly War of words between metallurgical and mining companies in Karnataka has been heating up throughout the year. The two largest firms Sesa Sterlite and JSW Steel accuse each other of abusing their dominant position in the iron ore market and forming cartels, cust-service.com . Leading private... 09.02.2014  13:54

• Exports May Save Vietnam's Steel Industry A report from the Vietnam Steel Association (VSA) said that only 50 percent of total steel production was consumed in 2013. The steel industry has gone through another difficult year due to the economic crisis. Nevertheless, the industry can get the fast growing exports on their feet. In recent... 09.02.2014  13:14

• ArcelorMittal sets a course to increase production ArcelorMittal, the world's largest steelmaker, expects higher profits this year. The company intends to achieve this through increased sales of steel products and a significant increase in production profitability. In addition, further increases in iron ore production are planned. There are also... 09.02.2014  11:51

• A man died at the Ilyich metallurgical plant According to the press service of the Mariupol Metallurgical Plant named after Ilyich, on February 8, a gasman died in the process of examining the valve of the blast furnace stove. The death of the worker was ascertained by the doctors who arrived at the scene. According to the press... 09.02.2014  09:43

• Russia will give Ukraine two billion dollars if it first gives it three The Russian official named the condition that Ukraine must fulfill in order to receive the next tranche of the fraternal loan. According to the head of the Ministry of Economic Development Anton Siluanov, Kiev must first transfer $ 3.3 billion to Russia for the used natural gas, and only then think... 08.02.2014  16:43

• Mariupol plant named after Ilyich struggles with the waste of metal rolling In 2013, the Mariupol Metallurgical Plant named after Vladimir Ilyich Lenin (Ilyich Steel Works), which is part of the Metinvest group of the Ukrainian oligarch Rinat Akhmetov, worked hard to improve the technology for the production of steel and rolled products, as well as strengthened quality... 08.02.2014  14:22

• Turkish rebar exports lost 3.8 percent in 2013 According to the latest data released by the Turkish Statistical Institute (TUIK), the export of reinforcing steel from the country in 2013 decreased significantly. According to TUIK, Turkey exported 8 million 280 thousand tons of rebar last year, which is 2.8 percent less than in 2012. The... 08.02.2014  10:56

• Nickel price rises following demand for stainless steel Last Thursday, the price of nickel on the London Metal Exchange (LME) began to rise again. The reason for this was information about a possible increase in demand for steel, due to which the demand for nickel may also start to grow. In particular, in a message from the MEPS company, published on... 07.02.2014  14:32

• ArcelorMittal Kryvyi Rih shipped the first thousand tons from its service metal center in the village of Volnoe The first thousand tons were shipped in January 2014 from the ArcelorMittal steel warehouse in Ukraine located in the village of Volnoe, Kryvyi Rih region. This site has become the third own metal center of the company opened in our country over the past two years. “The warehouse in the Krivoy R... 07.02.2014  13:07

• Price levels for Black Sea billets fall along with steel scrap CIS billet bids are down $ 5 /t to a touching $ 485-490 /t FOB in just a week on the back of meager purchases from Turkish factories and falling scrap metal prices that have seen a $ 25 /t pullback in two weeks ... Due to the emerging stability of the national currency, Turkish factories are... 07.02.2014  12:10