Metallurgy news
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Steel production in Iran over 8 months has grown by 9 percentAccording to statistics, the volume of production steel in Iran in the first eight months of the Iranian calendar year (March 21 - November 21) increased by 9 percent to 10 million 550 thousand tons. It is reported by Yeh.corp. The three largest manufacturers of Iran Mobarakeh Steel, Khouzestan…
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Steel production in Japan will reach a 6 -year -old maximumThe production of steel in Japan is expected to grow to a six -year maximum in the current financial year, which end in March 2014. To a greater extent, this is due to high demand from the infrastructure, which works in the conditions of high government spending and haste, caused by the intention…
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Tata Steel will launch a new factory in OrissaIn March 2015, the Tata Steel metallurgical company will complete the first phase of the construction of a new steel enterprise in the Indian state of Oriss. The capacity of the new metrough will be 6 million tons of steel products per year. T.V. Narendran, who holds the post of general manager of…
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The following year IISCO will increase steel production by 5 timesThe modernization of the oldest steel plant in India, owned by the Indian Iron and Steel Company (IISCO), will end at the beginning of next year. It is assumed that the technical re -equipment of the plant will help iisco increase labor productivity and increase the volume of products. According to…
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Only thanks to the political will of the Russian leadership Ukraine began rapprochement with the Customs UnionSpeaking at a meeting of the Council of Regions on Thursday, President of Ukraine Viktor Yanukovych said that only thanks to the understanding and political will of the leadership of the Russian Federation, Ukraine managed to get a package of the most important agreements for the country. In…
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A new model for solving the issue of excessive steel potential of ChinaTangshan Iron and Steel Group Co Ltd is the leader in the actions taken to go beyond the border, in conditions when the country is fighting excess capacities in the iron and steel industry. Against the background of the problems of excess capacity in the Chinese steel industry Deutsche Bank AG, he…
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Steel production in Japan in 2013 will exceed 110 million tonsAccording to the Japanese Chugun Association and Japan Iron & Steel Federation (JISF), the production of raw steel in the country may exceed 110 million tons in the country. In the period from April to November of this year, Japan's metallurgists melted 74 million 580 thousand tons of steel. The…
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Russia filed the first complaint to the WTO against the EURussia's claims sent to the WTO claim that Russian manufacturers of steel and chemical industry are in a disadvantage in the European Union due to existing adjustments to electricity tariffs imposed on Russian products since 2002. The Ministry of Economics reports that the complaint is the first…
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Chinese steel futures fell in price againAfter a slight increase in cost, Chinese steel futures began to fall in price again. The reason for this was a decrease in demand for steel characteristic of the winter season. This trend is especially manifested in the northern regions of the PRC. In Northern China, the demand for the products of…
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South Korea fell exportsThe export of metal products of South Korea decreased for the first time in four years in 2013, which is mainly associated with a long decline in the world economy, as the Association of Cores (KOSA) said. Local metallurgists exported 29.2 million tons of steel products this year, which, compared…
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