Metallurgy news
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Korean manufacturers have become hopes for automakersWhile the steel industry of Korea continues to fight a long decline, auto-components are beneficial from the prosperous automobile market. According to the results of its activities for the third quarter, from the point of view of the total sales, Posco takes a leading position in the ranking, and…
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Ukraine continues to reduce the production of metallurgical cokeAccording to the production association "Ukrkox", in January-November 2013, Ukrainian cokesochemical enterprises manufactured 16 million 144 thousand tons of metallurgical coke of 6 percent humidity, which is 7.3 percent less than in APPG-2012. At the same time, in November of this year, the…
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Ukraine for 11 months of 2013 reduced the production of steel pipes by 22 percentIn January - November 2013, Ukrainian pipe companies reduced the production of steel pipes from ferrous metals compared with the 2012 APPG by 21.6 percent to 1 million 501 thousand 200 tons. This was reported by "Interfax - Ukraine" with reference to the representative of the Cabinet of Ministers…
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SMS Siemag seeks to invest in the Iranian steel industryAfter the recently reached agreement between Iran and the world powers, European companies expressed their readiness to invest in Iran the construction of new facilities. Following oil and gas companies, they want to return to Iran and companies operating in other areas of industry. SMS Siemag also…
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China enters Iran’s metallurgical sector with about $ 2 billionThe largest investment Chinese metallurgical group of the MSU will provide $ 2 billion for financing the Iranian steel industry. Seven metallurgical plants of Iran will participate in the investment program of China. This was announced on Friday by the head of the Ministry of Industrial Industry…
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JSW Steel increased the production of steel in November by 28 percentThe production of steel in November 2013 on JSW Steel reached 1 million 72 thousand tons, which is 28 percent higher than in the APPG-2012. Including the production of flat metal rolling, 13 percent to 831 thousand tons increased, and a long rental - it decreased by 14 percent to 144 thousand tons…
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Demand for steel in ASEAN countries grew by 17 percent in the first half of 2013According to the report, published by the Institute of Chugun and became Southeast Asia, in the first half of 2013, the demand for steel in the countries of the Association of Southeast Asia (ASEAN) increased by 17 percent compared to APPG-2012. Including in Indonesia, the demand for metal rubles…
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China in November set a new iron ore import recordThe largest consumer in the world of iron ore raw materials, China set in November 2013 a new record level of iron ore imports at the level of 77 million 840 thousand tons, which is 12.9 percent higher than in the previous month and 15.5 percent higher than in APPG-2012. For 11 months since the…
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There is a decrease in export of steel of TurkeyAccording to the Association of Exporters, in November, exports became Turkey in November by 2.2 percent in an annual comparison of up to 1.1 billion dollars. From the point of view of volume, exports, steel increased by 1.1 percent compared to the same period last year to 1.5 million tons per…
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Posco postpones the implementation of a steel project in IndiaIn connection with the confrontation of local residents for the South Korean company, Posco is unlikely that the ceremony of laying the first stone of the foundation of the metallurgical plant will take place next month. Talking about holding a ceremony in January began since the South Korean…
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