Metallurgy news
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Vietnam charges an anti -dumping fee for steel imports after lawsuitsThe Vietnam Competition agency under the Ministry of Industry and Trade announced that the import of steel products from China, Indonesia, Malaysia and Taiwan will be subject to the use of anti -dumping tariffs from 6.45 to 30.73 percent. The measures taken are the result of the five -month…
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Ruda reserves in Chinese ports in early December increased by 3.28 percentAs of December 2, 2013, the total amount of iron ore raw materials in 25 main ports of the PRC amounted to 83 million 770 thousand tons, which is 3.28 percent higher than in the last week of November. This was reported by the news agency Sinhua. The iron ore price index with 62 percent content in…
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The head of Eurofer once again demanded that the European commission revise the energy and climatic policyToday, December 4, the vice-president of the European Commission Antonoy Tayani and the commissioner for employment Laszlo Andor will meet with representatives of the European metallurgical business in Brussels. Among the invited directors and owners of the 14 largest metallurgical companies in the…
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Nikolai Azarov admitted that his government is in a difficult financial situationThe deterioration of the state of the European and world economics as well as a sharp reduction in the export of goods to the Russian Federation, of course, negatively affected the economic situation of Ukraine. This was announced by Prime Minister of Ukraine Nikolai Azarov at today's meeting of…
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Rio Tinto will reduce capital expenses by 11 billion AUD in 2014 in the hope of the success of ChinaRio Tinto announced that the company is aimed at reducing capital expenses for one fifth over the next year in order to repay its debt and increase the profit of shareholders. Rio Tinto also predicts a surge in demand for steel in China, which is its largest client for iron ore, evaluating the…
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Japan strives for superiority in Southeast Asia by increasing the release of high-quality steelJapanese manufacturers have expanded their presence on the market of high-tech final products in Southeast Asia, in order to survive in strict competition with Chinese and South Korean rivals. The flow of ordinary steel products exceeds the demand among members of the Economic Association of…
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Zaporizhstal in November 2013 reduced the production of steel by 11.6 percentIn November 2013, the Zaporizhstal metallurgical plant reduced the production of metallurgical products in relation to the APPG-2012. So the production of steel was reduced by 11.6 percent to 279 thousand tons, cast iron smelting decreased by 4 percent to 250 thousand tons, the release of the…
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The moon is the future colony of China?China announced the successful start of the second stage of its state lunar program - the launch of the first Luno Raging Luniper to study the surface of the moon. One of the primary tasks of the mission is the detection of deposits of rare -earth elements in the Earth's cortex. The launch of a…
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Russel Metals announces the purchase of Monarch SupplyThe Russel Metals Inc announced that she made a deal to acquire oil deposits of Monarch for $ 33 million in cash, plus five -year delayed remunerations payable on the basis of future income before paying interest and taxes. Monarch Supply has an annual income of about $ 50 million and profit before…
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Chinese rental production in 2013 will exceed 1 billion tonsAccording to the latest updated data from the National Development and Reform Commission, the production of steel in China in the first 10 months of this year increased by 8.3 percent in an annual comparison of to 652.48 million tons, which is more intensively than the growth of 2.1 percent over…
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