Metallurgy news
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Unsistered. Record levels of commodity residues on Ukrainian power plantsAccording to the State Enterprise "Ukrpromvneshekspertiza", warehouses at the country's metallurgical plants over the past month have sharply increased and have reached maximum values over the past 5 years. At the same time, the number of unsold rental in the ports of Ukraine increased by 27…
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Thyssenkrupp checks the patience of shareholdersThe largest German manufacturer was THYSSENKRUPP who wants to try to sell his Brazilian steel plant again, not managing to find the buyer on it in 2013, but achieved significant shifts in the ownership of the group since the last annual meeting of shareholders. Henry Hisenger, CEO of Thyssenkrupp…
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Voestalpine expands the welding business segmentVoestalpine Group continues to promote the internationalization strategy by acquiring the Indian company Maruti Weld Private limited, which specializes in the production of welding electrodes, and currently has 180 employees, and last year received annual income of 6.7 million euros. For…
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Japan is preparing for additional costs in connection with the decision of the Indonesia Government to prohibit mineral ore exportsJapan, being the world's largest stainless steel manufacturer, is preparing to take a blow to new prices associated with the prohibition of export of unprocessed nickel ores from Indonesia. The world prices for nickel and shares of mining companies are growing after Indonesia declared new rules for…
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Baosteel for the second time from the beginning of the year raises metal rolling pricesOne of the largest manufacturers in China, Baoshan Iron & Steel (Baosteel), announced an increase in selling prices for metal rolling for the second time this year. An increase will affect products with payment in February 2014. Baosteel said this on Monday reports Reuters. The company will raise…
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Fitch sees some improvement in Europe next yearThe Fitch rating agency expects the modest growth of the European market in 2014 due to stabilization of the situation in the eurozone, improving demand in key sectors of the final use and cost of raw materials and building finishing materials such as
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Kiocl restarts the export of iron ore pellets after 30 monthsKiocl limited, which is engaged in the extraction and granulation of iron ore, seeks to resume the export of iron ore pellets to China in the first quarter after a break that lasted almost two and a half years. The Indian company began export of pellets with a party of about 50,000 tons, the…
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Thyssenkrupp AG suggest emissions of the metallurgical plant to convert into chemical productsIn cooperation with partners from the research laboratory and related industry, Thyssenkrupp AG initiates an intersectoral project to introduce technology with an emphasis on the transformation of technological gases from steel production into valuable chemical products. Moreover, electricity for…
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In Evraz, they want to dismiss 400 workers due to railway problems in the United StatesThe Canadian press services report that the lack of wagons for the transportation of pipes led to the use of forced measures to dismiss more than 400 workers at the Evraz North America in Redzhin. The notifications of a pipe company came out at the beginning of this week and may enter into force on…
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SMS Siemag ups the converter at a steel plant at Salzgitter FlachstahlIn Germany, at the Salzgitter Flachstahl GmbH metallurgical plant, which produces flat rental products and metal products in a wide range, an updated converter put by SMS Siemag has been successfully put into operation. This was reported by the press service of the St. Petersburg Plant "Red Dawn…
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