Metallurgy news
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Latin American production falls due to the growth of Chinese importsAccording to Benjamin Baptist, the President of Alacero, the production of steel in Latin America continues to decline in 2013 for the second year in a row, against the backdrop of the growth of cheap imports from China. According to the data presented by Alacero, the regional government should…
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US metallurgists in September 2013 reduced the production of steel by 5.6 percentAccording to the American Institute of Choon and Steel (AISI), in September 2013, the US metallurgical enterprises melted 7 million 879 thousand 747 tons, which is 5.6 percent less compared to 8 million 343 thousand tons of the received steel industry a month earlier. However, the September volumes…
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Sale of the Marigold mine. Barrick Gold and GoldCorp refrain from commentingCanadian gold mining corporations Barrick Gold and GoldCorp hired Montreal Bank to sell their largest Marigold gold mine in the United States. The control package of shares (67%) of Marigold mines belongs to the giant GoldCorp, which owns gold mining enterprises in the USA and around the world…
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Wisco received huge state subsidies for the implementation of the project to dispose of waste vehiclesApproximately 1.2 million US dollars was allocated by the Chinese government of one of the largest state steel companies in Wuhan Iron & Steel Corp (Wisco) for the implementation of a pilot project to utilize cars. Financial subsidies were obtained as part of the Government Program of the PRC to…
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Turkish metallurgists raised prices for cold -roll steel by 10 - 20 dollars per tonThe price of cold -rolled steel in rolls increased in Turkey over the past week by 10 to 20 US dollars per ton. About this today writes the London publication Metalbulletin. The price of the CRC cold -rolled roll in the domestic market exceeded $ 700, reaching a ton of $ 710 per ton in some…
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Ukrainian iron ore exports grew by 9 percentFor the period from January to October of the current year in Ukraine, iron ore exports increased by 9 percent and in annual calculus and amounted to 32 million 100 thousand tons, according to the Ukrainian Association of the Metallurgprom metal manufacturer. The export of iron ore raw materials…
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Revenue from export of ferrous metallurgy products of Ukraine in September fell by six percentIn September 2013, the metallurgical enterprises of Ukraine reduced the revenue from the export of ferrous metallurgy products by 6.2 percent compared to APPG-2012 to 1 billion 425 million US dollars. This is stated in the message of the State Statistics Service of Ukraine. At the same time…
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The head of the largest steel company South Korea Posco resignedThe General Director of the largest metallurgical company of South Korea Posco, Chun Jun Yang, filed a retirement, saying that the company needed to update management. This is reported today by Bloomberg. The new director must cope with "difficult conditions for doing business against the backdrop…
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Industrial production in China grew stronger in October than expected -reetsAccording to the data published by the National Bureau of China statistics, industrial production in this country in October 2013 increased by 10.3 percent compared to the APPG-2012. At the same time, retail sales increased by 13.3 percent, and investments in fixed assets, which are the most…
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The Chinese market became disappointed with the results of the 18th plenary meetingThe market became China, finally exhausted, taking into account the conclusion of the plenary meeting of the Communist Party, which took place from November 9 to 12. Metallurgists are concerned about the absence of any specific industry short-term measures aimed at increasing demand and improving…
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