Metallurgy news
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Arselormittal Kryvy Rog in 2013 increased the production of metal rolling by 1.2 percentArselormital Krivoy Rog in 2013 increased the production of metal rolling by 1, 2 percent to 5 million 661 thousand 400 tons, retained steel production at the level of 2012 - 6 million 430 thousand 100 tons and cast iron production - 5 million 606 thousand 100 tons. In December 2013, the production…
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Ukraine adopted the budget for 2014 for three minutesThe vote of 249 people's deputies today adopted the state budget of Ukraine. The document provides for the growth of the economy this year at the level of 3 percent, inflation is expected at 4.3 percent. They also did not forget about metallurgists and provided for 50 billion UAH of state support…
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British metallurgy needs government supportKarl Keler, the head of the European operations Tata Steel, called on the government to provide the same support for the metallurgical industry as in relation to the automotive and aerospace industries."If the government is seriously related to the restoration of equilibrium in the economy and the…
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AIM steel designs manufacturer expects an expansion of the order portfolioThe American manufacturer Aim Steel International Corp (ASI), which has undergone phenomenal changes by mergers and acquisitions in 2012 - 2013, is optimistic at business prospects in 2014.While sales of most processors in the United States fell sharply by 30-50 percent, as a result of which…
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Even at falling prices, iron ore brings huge profit to make companiesAustralian mining companies reached the record levels of production in December 2013 and continue to invest billions of dollars to expand their production capacities.Reuters writes about this today.Iron ore continues to generate large profits, even in conditions of falling prices, and the miners of…
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China forced the construction of nickel -processing capacities in IndonesiaChinese companies accelerate plans for the construction of capacities for refining nickel ore and obtaining nickel in ingots (flaps).After the prohibition on the removal of unprocessed ore, entrepreneurs will have to establish the production of nickel cast iron directly in Indonesia.A 4 percent…
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Foreign banks for the first time in the history of China received the right to import goldFor the first time in history, the Chinese authorities issued licenses for the import of gold to two foreign banks working on the territory of China. Anz and HSBC have become happy owners of permits for the import of precious metal into China. This step in the country's government was explained by…
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Tata Steel opens the largest service center in the UKTata Steel has opened the largest center for profiling steel sheet in the Ust-Midlands in the UK, increasing its existing plate processing potential, 50 percent in the region. The new center turns steel plates into many shapes and processed components for off-road wheels of vehicles and earthwear…
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The United States challenges China for non -compliance with the WTO decision regarding the export duties of steelThe United States increased pressure on China in the dispute about the export of high -tech steels from the United States, accusing Beijing of non -compliance with the directive of the World Trade Organization. The US commander Michael Froman said that China continues to use tariffs to effectively…
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ASEAN expanded the production capacities of steel in 2013The Association of Southeast Asian countries (ASEAN) is a major importer of steel products. The region does not provide itself with semi -finished products and flat rental, so many new facilities were commissioned or, as expected, will come in the new year. Vietnam has the largest number of new…
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