Metallurgy news
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The growth of the activity index in the field of services gives hope for the upsurge of the EUROZONA economyIn the Eurozone, the business activity index in the service sector was expanded in August for the first time in nineteen months. This suggests that the economy of seventeen nations of the European currency bloc, led by Germany, emerged from a record long -term recession. Markit Economics said that…
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Putin promised to fight Chinese importsRussian President Vladimir Putin promised to support the appeal of a pipe metallurgical company (TMK) to the Customs Union for an anti -dumping investigation against Chinese metallurgists. It is reported by ITAR-TASS. Speaking at a meeting on the commercial and economic development of the Rostov…
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Baoshan net profit fell by 61 percent in the first half of 2013The net profit of the largest metallurgical company in China Baoshan Iron & Steel decreased in the first half of 2013 by 61 percent and amounted to 3 billion 700 million yuan or 604 million 500 thousand dollars. This is stated in the company's report for investors of the Shanghai Stock Exchange…
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Brazil revised the Forecast for the production of steel in 2013The Aço Brasil Institute revised its forecast for the production of steel in Brazil for 2013 due to the weak growth of local demand. The steel smelting is expected here at the level of 34 million 500 thousand tons, a slightly more level of 2012. In 2013, Brazilian steel exports will be reduced by…
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Türkiye considers the investigation on the import of steel pipes politically motivatedTurkish exporters said that the newly begun investigation that Turkish manufacturers of steel pipes sold them at extremely low prices in the United States is unfair and ignores a similar situation with developed markets. The US Department of Trade in July 2013 launched one of its largest trade…
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In China, the growth of explosion prices for iron ore continuesThe steel market in China is on the way to recovery, as evidenced by the jump in the spotal prices of iron ore even further from five maximums of the month. Traiders in Shanghai find that it is difficult to accept rising prices for such a high level after a quick rise in the last few weeks, so they…
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Brazilia metallurgists concern the reduction of import dutiesThe Institute of Steel Brazil said that the decision of the Ministry of Finance of Brazil to reduce the rates of import customs duties per 100 goods, including steel products, will negatively affect the Brazilian steel industry. The Institute of Steel believes that the change in the current duties…
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Export of leaf stainless steel from Japan decreased by 8 percentAccording to the data of customs statistics published by the Japanese Ministry of Finance, the export of flat rental of stainless steel from the rising sun was 65 thousand tons in June 2013, increasing 7.5 percent compared to the previous month and decreasing by the APPG-2012 by 8.1 percent. In the…
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Global production of straight recovery iron increased by 10 percentAccording to the World Steel Association (WorldSteel), steel production (DRI) in July 2013 increased by 9.78 percent of the APPG-2012 and amounted to 4 million 736 thousand tons throughout the world. Most of all, in the DRI process, was obtained in India, which has long been the leader in the…
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The Mariupol plant named after Ilyich took first place in the nomination manufacturer of the products of the metallurgical industryWithin the framework of the “Colorful Ukraine” campaign, the All -Ukrainian contest “Best Domestic Product of 2013” was held in which MMK named after Ilyich became the winner in the nomination “Product of the Products of the Metallurgical Industry”. The competition was attended by the best…
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