Metallurgy news
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Ukraine reduced the production of steel by 5.7 percentAccording to the State Statistics Service of Ukraine, in October 2013, steel production in the country decreased by 5.7 percent compared to the previous month, and in an annual comparison by 7.25 percent, to 1 million 295 thousand tons. In January - October 2013, steel production in Ukraine…
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Steel production in Turkey in October grew by 6.9 percentAccording to data published by the Association of Turkish manufacturers of steel (TCUD), steel production in the country amounted to 3 million 80 thousand tons, which is 6.9 percent more than in the APPG-2012 and is the highest indicator this year. In January - October 2013, steel production in…
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Obama outlined the economic situation in the country at a steel factory in OhioUS President Barack Obama during a visit to Arcelormittal in Cleveland advertised an increase in the efficiency of automobile fuel by reducing dependence on foreign oil. Speaking at the factory, which makes steel for the production of highly economical cars, the president said that for the first…
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In early November, the daily production of steel in China exceeded 2 million 144 thousand tonsThe production of steel in China continued its growth in early November. The average daily smelting of steel in the first decade reached 2 million 144. thousand tons compared to the previous decade when 2 million 98 thousand tons of raw steel were produced daily. This is reported today by the…
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China eliminates steel capacities to increase production efficiencyIn mid -October, the State Council of China instructed the local authorities to stop the approval of new production capacities, freeze the construction of unauthorized projects and determine the procedure for eliminating the ineffective capacities of the steel industry for 80 million tons of steel…
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VallouREC provides its solutions for deep -sea oil and gas productionVallouRe, the leader in the production of steel seamless pipes for oil and gas production, announced the provision of a wide range of services for the CLOV project for the development of deep -sea oil and gas fields implemented by Total E & P in Angola, which plans to start work in the second…
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The Indian Metallurgical Industry switches to products with high added valueAgainst the backdrop of a decline in internal demand for steel, the metallurgical industry pays more and more attention to the production of cost -effective products with high added value. Companies such as Essar Steel, Steel Authority of India, Jindal Steel and Power and Tata Steel are actively…
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Zlatoust Metzavod was nobody neededToday, neither the Uralvagonzavod nor Rostekhnology expressed interest in the final acquisition of the Zlatouzt Metallurgical Plant (ZMZ), located in the Chelyabinsk region of the Russian Federation. The owner of the swordsman Igor Zyuzin failed to agree on the sale of ZMZ in the deadlines…
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Bloomberg published a comparative table of indicators of 10 largest metallurgical companiesThe largest metallurgical companies in the world, according to Bloomberg, included Arcelormittal with a market share of 6.4 percent, Nippon Steel Sumitomo Metal - 3.6 percent, Hebei Iron & Steel Company limited - 2.7 percent, Baoshan Iron & Steel CO - 2.7 percent, Posco - 2.5 percent, JFE Holdings…
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The situation with the shares of the swordsmen is normalizedOn Friday, the Bank of Russia resumed from November 18, 2013 the use of bonds of OJSC Mechel as security in liquidity provision operations. The securities of the leading Russian mining and metallurgical company will be accepted as collateral obligations with a coefficient of 0.7. From Monday for…
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