Metallurgy news
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Arselormital re -opens the Harriman steel plantThe leaders of Arcelormittal announced that the company plans to resume the work of its object in Harriman, Tennessi, which was closed in 2011 due to poor market conditions. The company announced that the enterprise would again open by April 2014 again, and is going to hire another 61 new employee…
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Northwest Pipe Company acquires Permlok CorporationThe northwestern pipe company, a leading manufacturer of welded steel pipes and pipe products, announced that it purchased the Permelok corporation, a steel pipes manufacturer using the patented Permalok pipes connection system. The Permlok pipes blocking and accession system complements and…
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Ukraine increased the production of steel in 2013 by 1 percentAccording to the operational data of the Association of Metallurgprom enterprises, Ukrainian metallurgical plants in the past, 2013, melted 32 million 684 thousand tons of steel, which is 1 percent more than in 2012, when about 32 million 390 thousand tons were obtained. In addition, Ukrainian…
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Tata Steel will increase the cost of varietal rentalIn the period from January to March 2014, the Indian division of Tata Steel intends to increase prices for its products. It is assumed that this increase will affect all types of varietal rental produced by the Tata Steel unit. It is important to note that the coming rise in price of varietal…
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Metallurgy pulls the Chinese economy to the bottomEconomic growth in China slowed down in December 2013 due to the foggy prospects of heavy industry, including ferrous metallurgy. Despite the fact that the KKNR indicators are in a positive trend, investors are afraid of deterioration of conditions in the near future. The general consumer PMI index…
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Sail increased sales in December by 14 percentSail, the largest state steel concern of India, reports 14 percent of sales growth in December. The production of steel in December 2013 amounted to 1.16 million tons and increased by 7 percent compared to December last year. It is reported by www.armservis.by . The trend towards an increase in…
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Australia resumes the supply of iron ore after cycloneThe supply of iron ore from North Australia, the world's largest exporter, resumed after a stop caused by the tropical cyclone Christine. Activities in the Pilbar region, rich in resources, began to improve after the cyclone lost strength and restored work was carried out. For standard reports, you…
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Zaporizhstal in 2013 set 224 historical records in the production of steel and metal rollingAccording to the results of 2013, the Metallurgical Plant Zaporozhstal group Metinvest Rinat Akhmetov increased production of steel by 0.9 percent to 3 million 819 thousand 500 tons, increased the smelting of cast iron by 0.8 percent to 3 million 218 thousand tons and increased the production of…
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AK Steel shares reaches a 52-week maximumThe price of the AK Steel Holding Corporation shares reached $ 8.47, fixing a quick return by 77.72 percent. The growth rate of the long -term expected profit per share (EPS) of the company is expected to be 5 percent. AK Steel predicts the high potential for the production of highly effective…
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oleg Korzhov became the new general director of the Russian MechelThe meeting of the Board of Directors of OJSC Mechel, who took place on the last day of 2013, dismissed General Director Evgeny Michel, who wrote a statement for dismissal of his own free will, and appointed oleg Korzhov, senior vice president for economics and business development. This is stated…
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