Metallurgy news

• Indian iron ore export fell by 43.5 percent The export of the iron ore of India from April to October 2013 amounted to 8.43 million tons against 14.910 million tons for the same period last year, decreasing by 43.5 percent. The total number of iron ore exports over this financial year will probably be in the range of up to 14 million tons,... 23.12.2013  10:10

• Updated global production data for November 2013 The world production of unrefined steel in 65 countries that submitted data from the World Steel Association (WorldSteel) amounted to 127 million tons in November 2013, increasing by 3.6 percent compared to November 2012. The production of steel in China during November 2013 reached 60.9... 22.12.2013  12:48

• Evraz carried out the first supply of innovative rails Evraz ZSMK announced that the rails launched into mass production with hardened heads of the P65 DT-350, at present, have already been shipped by Russian Railways in a volume of 10,000 tons with a length of 25 meters. The new rails released by Evraz are designed for the Gorky, North and October... 21.12.2013  11:55

• Sanctions against Iran seriously influenced German companies According to IMIDRO, the German Association with the Middle and Middle East, one of the oldest and largest associations in Germany, specializing in business relations with the Middle East, is ready to expand its activities in the Iranian mining industry. One of the members of the Association,... 21.12.2013  11:08

• Alexey Mordashov is skeptical of the plans of the Chinese government to close extra metallurgical plants The Director General of the Russian company Severstal Alexei Mordashov, who lost about 1.4 billion dollars of personal condition for this year amid a decline in the steel industry, the world manufacturers believes should agree to restrict the production of steel. "Even a very good annual... 20.12.2013  18:42

• Ukraine reduced the production of steel in November 2013 by 7.8 percent According to the World Association published today, WSA became the world production in November 2013 by another 3.6 percent to 127 million tons. In the eleven months of this year, 3.2 percent were smelted in the world more than in the APPG-2012-1 billion 447 million 740 thousand tons. Raw steel... 20.12.2013  18:28

• Rio Tinto expects a drop in iron ore prices in 2014 According to the company, the Rio Tinto Group, the second in terms of extraction, the iron ore manufacturer in the world, expects a drop in prices and an increase in the physical volume of supply of metallurgical raw materials next year. Rio Tinto revenues from the sale of iron ore raw... 20.12.2013  18:28

• Severstal conducted a comprehensive maintenance of the converter at the Cherepovets plant The Cherepovets Metallurgical Plant announced the completion of maintenance as part of the overhaul of its converter number 2. The total volume of the project investment amounted to 650 million rubles, including the replacement of the converter housing and the installation of emissions. This is the... 20.12.2013  10:59

• The USA Majestic Steel announces the acquisition of Flatrolled Steel assets The Majestic Steel, the leading and service center of the US Steel, announced the completion of the Flatrolled Steel business and assets transaction, which will work in Houston/Dallas based on a common business called Majestic Steel. will allow the Majestic Steel to expand its business in the... 20.12.2013  09:54

• The CEO of Rio Tinto sees a decrease in iron ore price in 2014 Rio Tinto Group expects the next year to reduce iron ore prices, the source of most of its income, since global reserves will increase. Sam Walsh, the company's general director said that "I expect the prices for iron ore raw materials to soften a little next year, but they will still contribute to... 19.12.2013  10:08