Metallurgy news
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The production of reinforcement in China set a new historical recordAccording to data published by the National Statistics Bureau (NBS), the volumes of reinforcing steel in this country in September 2013 exceeded 18 million 300 thousand tons, which is 1.67 percent more. than the previous month and corresponds to a new historical record. Over the three of those who…
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World production steel will grow in 2013 by 3.1 percent - MepsAccording to the forecast of the British Analytical Agency MEPS, the world steel industry will increase the production of steel in 2013 by 3.1 percent, to 1 billion 600 million tons. The reduction of steel smelting in various regions of our planet will be more than compensated by growing production…
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Rautarurukki does not expect to grow demand for steel in Europe over the next few yearsSpeaking today at a briefing at Helsinki, the general director of the largest Finnish metallurgical group Rautarukki Sakari Taminen said that his company does not expect a significant rise in demand from European consumers for steel over the next few years. Commenting on the record profit made by…
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In the Urals, they called the situation in the local metallurgical industry with a crisisParticipants in the meeting of the Presidential President of the Russian Federation in the Urals of Igor Kholmansky with the leaders of metallurgical and machine -building companies of the region demanded from the Russian government immediate protectionist measures. The reason for the statements of…
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Now in offshores you can leave no more than five percent of the revenue from trading with a metal rollingAccording to the resolution of the Cabinet of Ministers of Ukraine, number 749 of October 2, 2013, when selling metal rolling, a deviation of 5 percent with trading with related persons is allowed. This resolution is designed to solve the problems of transfer pricing. In addition, the five percent…
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Tata Steel expands the presence in AfricaThe largest metallurgical company of the Tata Steel India expands its mining capacities in the cat-ivoire (ivory coast). The general director of the local branch of Tata Steel Mukash Ranzhan said that "the company plans to extract about 20 million tons of iron ore in Bonglo's career located five…
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China Steel completed the construction of the plant in VietnamThe opening ceremony of the cold -rolled production line of the joint venture of the China Steel Sumikin Vietnam Joint Stock Co (CSVC) took place. The annual volume of steel production on CSVC will be 1.2 million tons. CSVC is a joint venture created by the Chinese Steel Corporation and its…
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South Korean metallurgists thought about reducing export prices for hot -rolled rollsCurrently, the largest Korean Metallurgical companies Posco and Hyundai Steel are considering reducing the export price for hot -rolled steel in the roll (HRC) to $ 560 per ton on FOB. In the case of a positive decision, the new price will become 20 dollars lower than today. Recall that China has…
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The stream of Asian stainless steel poured into EuropeThe number of stainless steel of Chinese production in the European market in the first half of 2013 increased one and a half times, reaching 89 thousand tons. This was reported by the Association "Special Boil". The volume of austenitic steels from the rest of the Asian countries increased by a…
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Russia and China will work together in metallurgy and energyThe head of the Russian government, Dmitry Medvedev, visited an official visit to the Chinese People's Democratic Republic (DPRK). As a result, a package of bilateral agreements has been signed, numbering 21 document, including agreements between Russian and Chinese companies on cooperation in the…
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