Metallurgy news
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Russia received money for gas and advises not to think about $ 2 billion for now.What is happening in Ukraine is interpreted by Moscow as an attempt at a coup d'etat. Press secretary of the Russian President Dmitry Peskov told the journalists about it. The night before (February 18), the Presidents of Russia and Ukraine, Vladimir Putin and Viktor Yanukovych, did indeed have a…
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Gerdau supplies steel for new Wilshire Grand projectGerdau, a multinational steel company, will supply approximately 24,000 tonnes of rebar for the new Wilshire Grand in downtown Los Angeles. The 73-story 1,100-foot building is valued at over $ 1 billion and will be the tallest building west of the Mississippi when completed in late 2016. Gerdau…
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Steel scrap is losing ground in East AsiaThe ferrous scrap market continues to weaken overall in East Asia and there are signs of further decline in the domestic scrap market in Japan. Shipments of scrap shipments to South Korea last week traded at $ 375 per tonne C&F for # 1 HMS, down $ 10. However, major steelmakers in South Korea are…
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On the Maidan in Kiev, protesters shoot at their own - the Ministry of Internal Affairs of UkraineGiven the nature of the injuries among the victims, it can be assumed that these injuries could have been inflicted on the victims by the protesters themselves According to a message published on the website of the Ministry of Internal Affairs of Ukraine, police in Kiev are shooting at…
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Mariupol plant named after Ilyich carried out more than 200 major overhaulsThe financial costs of PJSC Ilyich Metallurgical Plant named after Ilyich PJSC of Metinvest Group for major overhauls and renovation of production facilities in 2013 exceeded UAH 300 million. This was reported by the press service of the MMK im. Ilyich. In total, over the past year at the Ilyich…
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The development of new standards for the design, production and installation of metal structures is nearing completionWithin the framework of the work of the Committee for normative and technical activities of the Ukrainian Center for Steel Construction (USSS), projects of a new version of the DBN for the design of metal structures, as well as DSTU for the production and installation of metal structures have been…
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Stemcor may cut pellet production at OdishaBritish steel producer and trader Stemcor may cut iron ore pellet production at its Odisha plant due to weak local demand and the recently imposed tax on iron exports from India. The government imposed a 5 percent duty on the export of iron ore pellets at the end of last month, taking another step…
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Metallurgical companies close down factories in AspropyrgosThe steel industry in Greece ends its struggle for survival and begins the countdown to the closure of the Greek group Halyvourgia Manesis and Halyvourgiki, owned by the Constantinos Angelopoulos group in Aspropyrgos in Western Attica. On Monday, the Greek group Halyvourgia informed the remaining…
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POSCO coerced into deal with Dongbu SteelSouth Korea's Dongbu Steel decided to sell its Incheon plant as part of a program to improve its financial structures, but no domestic steelmaker showed interest in the purchase. Dongbu Steel's Incheon Factory mainly produces cold rolled steel sheets, galvanized sheets and steel pipes. The Dongbu…
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BlueScope Steel buys Fletcher Building in New ZealandBlueScope Steel, Australia's largest steelmaker and owner of a New Zealand steel mill, will buy the assets of Fletcher Building's Pacific Steel under a $ 120 million contract. The deal will result in the closure of the Fletcher steel mill in Otahuhu at the end of 2015. The deal strengthens…
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