Metallurgy news
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Russia reduced stainless steel exports to 1000 tonsIn October 2013, Russian exports of stainless steel in October 2013 decreased by 7.8 percent compared to APPG-2012 and amounted to 1000 tons. This was announced today by the Association "Special Song". The structure of Russian exports was represented by a varietal rental, the share of which in the…
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Ukrainian metal rolling has fallen in price, and the steel workpiece has risen in priceAccording to the SE "Ukrpromvneshekspertiza" (UPVE), export prices for a thin sheet and rollever fell in price, the reinforcement and a hot -rolled sheet remained unchanged, and the harvesting and thick steel grew. In addition, metal products in Ukrainian ports increased by 9 thousand tons to 1…
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Russia on the verge of mass contractions in metallurgy and engineeringAccording to RIA, the New Region, the level of production is rapidly falling at the industrial enterprises of the Urals. General industrial production in the Chelyabinsk region - the main machine -building and metallurgical region of the Urals - in 2013 will be less than 97 percent of the 2012…
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Rio Tinto is no longer so sure of the prime of the Chinese economyRiotinto announced the restructuring of the expansion of its iron ore capacities in Pilbar, Australia, trying to reduce expenses during the slowdown in demand. The company does not refuse plans to increase the production of iron ore, but intends to reconsider some points for more efficient…
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Scaw Metals Group will build a plant in GhanaSouth African manufacturer of steel, Scaw Metals Group, will build a new processing plant in Tema, Gana. This new plant will significantly increase the power of the grinding of the company on the African continent. Investments worth more than 40 million dollars are carried out in partnership with…
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Arselormital in June will resume the work of a blast furnace on Brazil TubaraoArselormital, the world's largest steel manufacturer, plans to bring its Tubarao plant in Brazil at full capacity next year. This desire arose for the first time since the time of the financial crisis of 2008, thanks to the improvement of economic prospects in the USA and Europe. The company plans…
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Worthington Industrie US plan to add 130 jobsThe expansion of Worthington Industries should increase the existing factory of the company in Ohio, Chilton, on which 169 people currently work. Wisconsin Cylinder manufactoring Plan will receive investments in the amount of $ 3.3 million to expand its cylinders production and plans to add…
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Japan in October reduced exports by steel by 5.1 percentAccording to customs statistics published by the Japanese Ministry of Finance, in October 2013, the export of ferrous metallurgy products amounted to 3 million 280 thousand tons, declining by 1.56 percent compared to APPG-2012 and 5.1 percent compared to the previous month. At the same time, the…
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The Polish Metallurgical Company MFO intends to attract $ 5 million during an IPOAccording to the information available to the Reuters news agency, the Polish metallurgical company MFO intends to obtain at least 14.7 million zlotys or more than 4.8 million US dollars during the initial placement of its shares on the Warsaw Stock Exchange. The company will invest in the…
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The Customs Union cancels the quotation of some types of stainless pipesAs a result of a repeated investigation against stainless steel pipes up to 426 mm inclusive, imported to the territory of the Customs Union, the collegium of the Eurasian Economic Commission (EEC) decided the cancellation of some positions. The decision of November 26, 2013, in particular…
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