Metallurgy news
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Russia fixes the record growth of Ukrainian steel importsThe Customs Service of the Russian Federation reported on the growth of Ukrainian imports of metal rolling in September 2013 at once by 7.3 percent compared to the previous month. The total number of Ukrainian steel penetrated on the territory of the "fraternal" state reached 274 thousand 200 tons…
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VallouREC will put pipes for the marine deposit in BrazilVallouRe, the world leader in the production of premium grade pipes, announced that his Brazilian branch, VallouReC Tubos Do Brasil, was selected as a supplier of pipes for the development of the Xerelete marine deposit in Brazil, which was started in 2012. The Xerelete field is located…
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Iran went to the fourth place in the list of iron ore suppliers to ChinaAccording to the Chinese Customs Service, Iran exported more than 15 million tons of iron ore to this country over the eight months of 2013. These data indicate that the Islamic Republic has become the fourth in terms of supplies to the exporter of metallurgical raw materials to China after…
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Iron ore will get cheaper - a special report UBSIron ore prices will begin to fall already in this quarter due to a seasonal reduction in demand, UBS analysts write. In the future, with an increase in the amount of supply, the cost of iron ore raw materials will continue to decrease. "The risks of a seasonal rollback of production of steel…
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Putin plans to organize a railway message with North KoreaLast month, Russia completed the study of the area, according to which a 54-kilometer railway line should pass. It is part of the project of President Putin aimed at reuniting the railway systems of two Kores and their binding to the Trans -Siberian Railway. The railway route will turn out to be…
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The EU will not cancel the duties on the import of metal fittings from South Korea and MalaysiaThe European Union announced its intention to again introduce tariffs for metal fittings made in South Korea and Malaysia for another five years. The introduction of these measures may be necessary to protect European manufacturers of this type of product. The EU stated that the amount of duties on…
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Eraz transfers a factory in the United States on an idleEvraz North America announced the suspension of the steel factory in Kleimont, Delaver, due to low market demand and high volumes of imports. Over the past two months, 375 employees of the enterprise were preparing the plant for a blank transfer. Since Evraz is considering the possibility of…
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Rio reached the record production of raw materials, satisfying China's requestsRio Tinto Group (Rio), the second largest in the world, a mining company, reported the record indicators of the third quarter in the extraction of iron ore, coal and copper. The production of iron ore reached 53.4 million tons over the past three months to September inclusive, compared with 52.6…
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In the third quarter, Allegheny Technologies's income has decreased significantlyRepresentatives of Allegheny Technologies (ATI) from Pittsburgh, which is a supplier of special metals for Boeing engaged in the production of aircraft for civil aviation, said that in the third quarter, ATI revenues decreased due to the drop in prices and reducing the supply of manufactured…
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The production of steel in South Africa is growingAccording to preliminary data published today by the State Statutes of South Africa, the production of ferrous metallurgy products in this country in September 2013 increased in an annual comparison by 3.5 percent, and compared with August - 2.8 percent. However, the steel price index, taking into…
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