Metallurgy news
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The profit of industrial enterprises in China jumped 14 percentIn January-September 2013, the gross profit of Chinese industrial enterprises amounted to 660 billion 900 million US dollars, which is 13.5 percent more than in the APPG-2012. Only in September, the total profit of leading industrial enterprises of the country increased by 18.4 percent, reaching 91…
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The United States checks the sale of a metal rolling of electrical steel from 7 countriesThe US Department of Trade has announced that it initiated a trade check regarding the import of electrical products from seven foreign countries. Under the investigation, there is an imported flat rental of alloy steel and products used in the electric power industry. The investigation has begun…
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BHP Billiton is still hoping to sell Guinean assetsThe leading company BHP Billiton is still negotiating to sell its share in the largest iron ore deposit of Guinea in the Mount Nimb. "The discussion continues, and we will look for any possibilities for the agreement," said Andrew Mackenzie, General Director of BHP Billiton. As you know, the…
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VTB Capital acquired seven percent of AlrosThe head of the Russian government, Dmitry Medvedev, allowed to privatize 7 percent of the shares of the largest diamond company of the country of Alrosa. This is stated at the disposal of the Cabinet of Ministers of the Russian Federation published on the official website of the Government of…
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A stainless steel was stained in ChinaAccording to statistics, stainless metal supply reserves in the warehouses of Chinese traders grew by almost 6 percent in the first half of October, reaching 190 thousand 690 tons. In the total amount of stainless steel 76 thousand 872 tons of cold -rolled steel (+4.16 percent) and 113 thousand 818…
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In Chelyabinsk they already succeeded, in line DnepropetrovskAccording to the Russian news agency URA.RU, in Chelyabinsk, the scientific and practical metallurgical conference "Club of Novators" was completed under the auspices of the local pipe-rolling plant of the CHTPZ. This forum was attended by Russian and Ukrainian metallurgists, ChTPZ, interpip…
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India may allow the development of previously closed iron ore depositsIron ore deficiency experienced by India metallurgical companies can push the government to remove the ban on several mines of SESA STERLITE LTD controlled by billionaire Anil Agarwal. This was announced today by Bloomberg. Thus, the next month, the extraction of iron ore raw materials, stopped two…
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Russian metallurgical plants Vadim Warsaw continues to stopThis time the production of small diameter pipes was stopped at the Volgograd plant. More than 500 people risk being left without work. This is what a businessman writes today. The Mechel Lowed on the Mechel loan, the Volgograd pipe plants of small diameter (BSTMD), which is part of the Estar group…
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By 2030, Poland could reduce coal consumptionBy 2030, Poland can halve the consumption of coal, which renewable energy sources should come to change. These measures will have to put an end to the image of Poland in the EU, as a lagging European country in terms of effective confrontation between climate changes on the planet. The report by…
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Egyptian Ezz Steel's income jumped three timesThe largest manufacturer became Egypt by Ezz Steel announced on Wednesday the growth of half -month profit by 269 percent, up to 302 million Egyptian pounds or 43 million 800 thousand dollars. Pure revenue from metal rolling sales increased to 11 billion 140 million pounds. In the second quarter…
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