Metallurgy news
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Timken signs contract with UWC to manufacture bearings in RussiaTimken has entered into an agreement with the United Wagon Company (UWC) to establish a joint venture (JV) to manufacture AP-2 ™ Timken® rail bearings in Russia. The JV plans to improve the safety, reliability and efficiency of the local rail industry by equipping freight cars with premium Timken…
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1.5 thousand people suffered during the Kiev riots - Ministry of HealthOn the territory of Ukraine, due to uncontrolled rallies and riots taking place on the streets of Kiev and other cities, the number of victims increased again, and already amounts to 1,500 people. This information is reported by the official website of the Ministry of Health of Ukraine. Cases of…
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The future of the South Stream gas pipeline is in questionThe prospects for the South Stream pipeline project, which is required to transport Russian gas to Europe, are in doubt due to the escalating dispute over Ukraine. Paolo Scaroni, CEO of ENI, said during parliamentary hearings in Rome that the future of the pipeline is "somewhat darkened." The…
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China seeks to influence the formation of the price of iron oreChina is looking to create giant mining groups to play a more active role in iron ore price negotiations with rivals around the world. The country plans to create a large mining conglomerate with a focus on iron ore mining and smelting operations based on the state-owned metallurgical producer…
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A curator was appointed to the Russian CrimeaDeputy Prime Minister Dmitry Kozak will oversee Crimea in the Russian government. This was announced by the Prime Minister of the Russian Federation Dmitry Medvedev at a meeting on the socio-economic development of Crimea and Sevastopol today on March 24. “The topic of Crimea will be led by Deputy…
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Russia got $ 10 million worth of goods from the Lviv region in January.In January 2014, the export of goods from the Lviv region amounted to $ 98.7 million, imports to the region - $ 186.7 million, according to the Lviv Regional State Administration. Compared to January 2013, exports from the Lviv region increased by 11.1 percent, or $ 9.8 million, imports - by 13.5…
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Today in Crimea, the ruble has become the official currencySince Monday, the only official currency in Crimea has been the ruble, according to the Bank of Crimea. This means that scholarships, pensions and salaries for government employees will be paid in rubles. The hryvnia will remain in circulation until January 1, 2016. All calculations will be carried…
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In Belgium, Industeel will renew its continuous casting lineArcelorMittal recently approved a € 18 million investment to modernize the continuous casting line at its Industeel plant in Charleroi, Belgium, including new stars for drive chains of lifting equipment. The new line will allow Industeel to produce slabs up to 355 mm thick and up to 2.2 meters…
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Metinvest to supply large-diameter pipes to IraqMetinvest Group received permission to supply large diameter pipes for oil and gas pipelines in Iraq. The Iraqi Oil Ministry has included the Metinvest Group on its list of certified suppliers of large diameter pipes made from domestically manufactured tube plates. Such pipes are often upgraded…
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Shah Deniz II and South Caucasus continue construction of gas pipelineThe Shah Deniz Consortium and the South Caucasus Pipeline have been awarded a contract to manage projects for the construction and development of the Shah Deniz field (Stage 2), as well as the expansion of the South Caucasus gas pipeline. The joint venture between Bechtel International Inc and Enka…
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