Metallurgy news
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Strengthened euro crushing prices in EuropePrices for steel in Europe were under pressure from imported offers due to the sharp increase in the euro against the US dollar. In addition, importers of metal rolling in the EU compete, offering more and lower prices. Last week, Turkish companies traded in Katan and Armature in European markets…
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The level of steel recycling in the United States reached 90 percentThe US Steel Recycling Institute has become its 25th anniversary of secondary processing. Today it is a structural unit of the American Institute of Cast iron and became AISI. Particularly pride and most important achievement, employees of the institute believe that according to the results of…
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American Severstal will focus on profit, and not on mergers and acquisitionsDuring the telephone conference held on Thursday, recently appointed to the post of Director General of Severstal North America Saikat Day, said his company will focus on improving profits, and not on large acquisitions or other expensive projects. The metallurgical capacities of Severstal in the…
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Nippon Steel put into operation HDG Plant in ThailandNippon Steel and Sumitomo Metal Corporation created Nippon Steel & Sumikin Galvanizing (NSGT) in Thailand for the production and sale of a galvanized steel sheet. Since then, in the eastern industrial zone of the province of district in Thailand, the construction of a new plant has been carried…
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Vale mining company will pay dividends for $ 4.5 billionThe Brazilian company Vale SA, which is one of the world's largest iron ore producer, increased the interest rate on dividends due to the increase in raw materials prices, which led to an increase in demand from Chinese consumers. Also this year, the first 13 percent of the total dividend amount…
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Eurofer opens against the unfair policy of LMEThe European steel industry, in the person of Eurofer, has serious fears about the new rules proposing changes to the LME warehouses (London Metal Exchange) of July 1, 2013. Eurofer believes that the rules for the release of goods from their warehouses LME should be reassessed taking into account…
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The Ukrainian factory Vadim Warshavsky shipped more than ten thousand tons of squareAccording to the Donetsk Electrometallurgical Plant (DEMZ), recently acquired by the Russian businessman Vadim Varshavsky for 2000 euros from Mechel, the company completely resumed its production activities and, after launching the furnaces on September 23, managed to ship more than 10 thousand…
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Tulachermet can fall the victim of the shale revolution in the United StatesThe shale revolution in the United States allows local metallurgical companies to increase the production of steel using the technology of direct restoration of iron DRI, abandoning imported cast iron. Last year, Russian metallurgical enterprises exported in the United States about 4 million 500…
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Posco left stainless steel prices unchangedThe division of the Special Svyatno -Korean Metallurgical Company Posco - Posco Specialty Steel (Posco SS), announced that the price of stainless metal rolling in October would remain unchanged. Thus, the internal prices for stainless steel in South Korea will remain at the level of July of this…
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The basis of the economy of Ukraine, instead of metallurgy, will very soon be agriculture - expertLast year, the production of steel in Ukraine decreased by 6.9 percent to 32 million 900 thousand tons. This year, domestic metallurgy will try to hold last year. The volumes of food export and agricultural products exceeded revenues from the metallurgical sector by one and a half times. Thus, in…
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