Metallurgy news
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Contractors on Tata Steel Scactorp have stopped working due to a dispute on wagesScunthorpe Telegraph reported that 50 contractors hired by Tata Steel began to work in the scantorp on December 17 at 6 am in order to increase wages. Members of the UCATT construction union said that if the requirements are not satisfied tomorrow until 10 pm, they plan to repeat the action on…
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Indian machine builders require a zero fee on stainless steelManufacturers of machines and capital goods in the country demanded a zero duties on the import of stainless and special steels due to the sharp devaluation of Indian rupees. Mr. Ramachndran, Secretary General of the Association of Machines and Equipments of India Machines and Equipments, said that…
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Tokyo Steel raises products by 1 - 3 percentTokyo Steel Manuapacturn CO Ltd, a leading manufacturer of the country's I -Taurus, said that she was going to raise the prices of ten items of its products for delivery in January 2014, which will amount to about 1-3 percent of the price of metal structures, at the same time it is planned to…
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China steel production in November reached 60880,000 tonsAccording to the National Statistics Bureau, China produced 712, 86 million tons in the first eleven months of this year, with an increase of up to 7.8 percent in annual calculus; 650.50 million tons of cast iron, rising by 5.9 percent compared to a year earlier. 978.78 million tons were produced…
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The head of the Indian company Sail believes that the worst times for metallurgy were left behindThe head of the largest state steel concern of India, Steel Authority of India (Sail), Chandra Shekhar Verma believes that the worst times for the steel industry are already behind and now has come the best time to acquire raw materials and assets. In an interview with the local media, the head of…
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Tata Steel Europe on a long journey to recoveryEven in May, the future of Tata Steel in Europe was in question after the depreciation of the assets of the largest Indian company. At the same time, the demand for steel in Europe fell by 30 percent compared to the peak of 2007, which leads to a decrease in the use of production capacity and…
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BMZ will three times increase the supply of round metal to the EU in DecemberThe press secretary of the Belarusian Metallurgical Plant (BMZ), Alexander olesik, said that by the end of December 2013 the company will ship 13,000 tons of round metal rolling into the European Union, which is 3 times more than the average monthly volume of this year. Currently, BMZ supplies to…
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The resignation of the chairman opens the internal crisis of the metallurgy of the province of HebeiThe chairman of Hebei Iron and Steel Group Wufang was shifted from his post. He left behind a loss-making enterprise in a crisis due to theft and wasteful expenses, including the acquisition furniture .. the deputy governor of the Hebay province held a meeting of the company and announced a change…
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Export prices from the CIS are in various trendsIn the CIS, export prices for steel have some discrepancy. Moreover, the price of steel blanks is stable, varietal rental is in negative dynamics, and the finished rental has a rise. The price of steel blanks are kept in the range of the previous week. The market mainly offers semi -finished…
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The Cassation Court of Egypt removed the Ahmed Ezza steel magnate 37 years in prisonOn December 14, on Saturday, the Cassation Court of Egypt canceled the 37-year prison term for a sentence against the steel magnate of Ahmed Ezza for the speculation and embezzlement of state funds. The case is closed, but the oligarch will continue to serve his sentence for other crimes. In…
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