Metallurgy news
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The government of India will sell 5 percent of shares of the largest coal mining company Coal India Ltd.The Indian government has chosen seven large banks to make a major transaction for the sale of 5 percent of shares of the largest coal India LTD in the country of the coal mining company. The sale of a 5 percent share of the company is included in the immediate plans of the government, which seeks…
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In the first half of 2013, Chinese Wisco has grown a blank profit and a half timesOne of the largest steel companies in China Wuhan Iron and Steel Co (Wisco) published the financial results of its activities for the first half of 2013. According to the data provided, the company's operational income amounted to 44 billion 398 million yuan or 7 billion 250 million US dollars…
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Not all Australian coal mines suffer lossesAs it turns out, not all coaling enterprises in the world have difficulty in connection with difficult situations in the global coal market. So the Minister of Natural Resources of the state of Queensland, Australia, Andrew Kripps told the local media that coal mining in the central region of the…
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The production of steel in Belarus decreasedAccording to data published by the National Statistical Committee of the Republic of Belarus, in the first seven months of the current year, the cost of metallurgical production in Belarus increased by 0.1 percent compared to the same period last year to 23453 billion of Belarusian rubles. In…
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Thyssenkrupp opens a new factory for the production of components of the automobile sectorIn Ilzenburg in Germany, the new Thyssenkrupp new plant was officially opened for the manufacture of cylinder heads. Thyssenkrupp invested about 50 million euros into this object. The authorities of Saxony-Anhalt contributed to the investment support of the program in the amount of about 10 million…
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Import became in the United States for seven months since the beginning of 2013 decreased by 11 percentAccording to preliminary data published by the US government, imports became into this country in July 2013 compared to June by 0.6 percent. The President of the American Institute of Chugun and became AISI David Felps that "imports steel in July grew less than one percent due to the reduction of…
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Kamchatka Territory in 2014 will become the leader in the volume of gold ore miningAccording to the Governor of the Kamchatka Territory Vladimir Ilyukhin during the next visit to the Golden Zolotorudodnoye field, the mining industry will soon become one of the main sectors of this region. The construction of the mine at the Zolotaya field is carried out by the leading company…
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Immediately the two largest commander -in -laws of the Russian Federation reported record losses in the first half of the yearToday, Russian metallurgical companies group of MMK (Magnitogorsk ImmgoMank and its satellites), as well as the company Polymetal International PLC, registered in the Norman Islands, but working in the Russian Federation announced record losses in the first half of 2013. It is reported by…
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The LME LME LME has a new directorMartin Ebbot said in early June 2013, the already former chairman of the Board of Directors of the London Metal London Exchange, in early June 2013, after his opinion, the integration with the Hong Kong stock exchange, which owned the control package LME, reached its maximum. "Integration has now…
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US invasion of Syria will bring down shares in mining companies in the worldTension among investors increases against the backdrop of a possible blow by the US Army on Syria. The shares of the largest mining companies in Australia may be under the pressure of falling prices for metals. Reuters writes about this today. Copper prices continued the reducing trend on Tuesday…
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