Metallurgy news
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European steel industry in a deep crisisThe European steel industry is in a deep crisis. Several large corporations have already announced multiple dismissions due to excess capacity and reduction of markets. The entire branch of Europe is currently awaiting a complete reorganization. Almost all metallurgical companies in Europe…
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Qatar sends the second batch of liquefied gas to EgyptThe Qatar sent the second for a month of August the tanker of liquefied natural gas (LNG) to Egypt, who struggled to cover his needs for energy even before the overthrow of the Islamist President Mohamed Mursi. The State Information Agency of Catarus reported that the tanker left Ras Laffan the…
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World production of cast iron increased by 4.3 percentIn July 2013, the production of Chugun in the World Association countries became World Steel Association (WorldSteel) amounted to 98 million tons, which is 2.5 percent more than in June and 4.3 percent higher than in APPG-2012. The production of cast iron in Asia amounted to 76 million tons, which…
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Erdemir increased net profit in the first half of the yearThe largest steel group of Turkey Erdemir announced its financial results for the second quarter and the first half of 2013. In the second quarter, the company's net profit amounted to 316 million. Try increasing from 95.22 million TRY received in the second quarter of the previous year. The…
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Metallurgists of Ukraine reduced losses to 6 billion 200 million dollarsIn the first half of 2013, Ukrainian metallurgical companies reduced their total loss to 6 billion 200 million US dollars, which is 11.4 percent less than in APPG-2012. This was reported by OP "Metallurgprom". Meanwhile, in January -June 2013, the profitability of Ukrainian metallurgy continued to…
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Ukraine sank one line below in the world ranking of steel producersWorld production steel in July 2013 increased by 2.5 percent compared to APPG -2012, compared to June - by 0.5 percent. The total smelting of steel in 64 members of the Association reached 132 million tons. This was announced today by the World Association by the World Steel Association…
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Metallurgy of Japan in June reduced productionIn June 2013, taking into account seasonal fluctuations, Japan's industrial production decreased by 3.1 percent compared to the previous month, while this index was reduced by 4.6 percent compared to the same month last year. According to the revised data published by the Japanese Ministry of…
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Hungary will redeem the Dunapher’s missile plant from the ISD to avoid mass layoutsThe Hungarian government will propose to redeem the unprofitable manufacturer Dunaferr from the Ukrainian ISD Corporation (ISD Group) to prevent the dismissal of 1,500 workers planned by the company for September 2013. This was announced yesterday by the Minister of Economy of Hungary Mikhai Varga…
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The largest Chinese Mastroe Party Hebei Steel has increased exports by 72 percentThe largest metallurgical company in China Hebei Steel announced today that its exports in July this year amounted to 385 thousand tons, which is 71.9 percent higher than in the APPG-2012. In addition, the company reports that the number of export orders in July 2013, compared with July 2012…
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US Steel reduces steel productionThe American Institute of Cast iron and became AISI that in June 2013, US Steel produced 7 million 806 thousand 319 tons of steel, which is 3 percent less than in May 2013 (8 million 47 thousand 245 tons) and 2.6 percent lower than in APPG-2012 (8 million 16 thousand 834 tons). Sales of the largest…
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