Metallurgy news

• The largest Chinese metallurgical company Baosteel announced the change of general director The second largest Chinese metallurgical company Baoshan & Steel Co Ltd (Baosteel) announced that Mr. Ma Gotsyan resigned from the post of general director and head of the company from July 23, 2013. Instead, give the duties of the Director General Gihao. After the approval of his candidate at... 23.07.2013  18:12

• Hundreds of protesters in the Voronezh region opposed the nickel mine Hundreds of people gathered in the Novokhopersky district of the Voronezh region on Sunday for a new protest. The mass campaign is directed against plans to develop a copper-nickel mine in the region, as well as against the head of the administration. Nickel’s prey in this region is engaged in the U... 23.07.2013  18:01

• The Makeevsky Metallurgical Plant finished the first half of 2013 with a profit of 4 million hryvnias The Makeevsky Metallurgical Plant (MMZ, Ukraine Donetsk Region) in January - June received 4 million UAH of net profit, which is 87.5 percent less than in the APPG -2012. This is stated in the documents of the National Commission on Securities and the Stock Market of... 23.07.2013  17:52

• The losses of the Alchevsk Metallurgical Plant grew five times In January - June 2013, the Alchevsk Metallurgical Plant PJSC (AMK, Ukraine, Luhansk Region) received 662 million 893 thousand UAH pure loss according to international financial reporting standards (IFRS), which is 4.7 times more than in the APPG -2012. This is stated in a half -year report of the... 23.07.2013  17:38

• Nippon Steel and Toyota Motor adopted an agreement on increasing steel by 10 percent According to Nikkei, the largest media corporation in Japan, Nippon Steel & Sumitomo Metal Corp and Toyota Motor Corp agreed to raise prices for a steel sheet by about 10 percent from April to September 2013, inclusive, since the yena drops. An increase in the price of 10,000 yen per ton compared... 23.07.2013  14:35

• NLMK lost more than 20 percent of net profit in the first half of 2013 The net profit of the Novolipetsk Metallurgical Plant in January - July 2013 amounted to 8 billion 422 million rubles, which is 20.62 percent less than in the APPG -2012 (10 billion 609 million rubles). This was announced today by the press service of NLMK. Meanwhile, the quarterly revenue of... 22.07.2013  17:44

• India finally lost $ 12 billion and about 20 million tons of annual steel production Last week it became finally clear that the largest metallurgical corporations in the world of Posco and Arcelormittal would not invest in India. This solution, coupled with the problems of the domestic Tata Steel, will not allow the Indian government plans to increase production of steel by 300... 22.07.2013  16:27

• Tokyo Steel keeps prices for steel unchanged for five months in a row against the background of an excess supply The largest manufacturer for the Japanese construction sector, Tokyo Steel, does not intend to change its prices in the next two months amid a growing offer from China and excessive domestic production. Reuters writes about this today. Tokyo Steel's pricing policy is closely observed by the... 22.07.2013  13:37

• Nucor CEO is annoying the growing volumes of Chinese imports in the United States Mr. John Ferriola, General Director of the American Steel Corporation Nucor, who lost more than 25 percent of profit in the first half of the year, urged politicians to limit the import of cheap Chinese steel to US markets. Ferriola is annoyed by the fact that the United States merchant... 22.07.2013  12:43

• World production steel increased by 1.9 percent, in Ukraine it increased by 7.8 percent, in Russia it decreased by 0.8 percent -worldsteel In the first half of 2013, world production became 2 percent compared to the APPG-2012. Such data today was published by the World Cast iron association and became World Steel Association (WorldSteel). Global production steel in January - July amounted to 798 million 800 thousand tons. In July,... 22.07.2013  11:42