Metallurgy news
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The Polish company has become Cognor SA is looking for protection against bankruptcyThe international financial company ZLOMREX S.A., the unit of the Polish company became Cognor SA, filed a request to the Manhattan court in accordance with the 15th Head of the Code of Protection from bankruptcy. Zlomrex Cognor is now looking for protection against bankruptcy in New York. Cognor…
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The trade union sued the Canadian coal mining company due to hiring for the work of the ChineseThe Canadian coal mining company HD Mining, located in Vancouver, caused a number of disputes and trials last year due to the fact that it temporarily hired 2000 miners from China in exchange for investments from the Celestial Empire in the amount of $ 300 million, which were aimed at building the…
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HEBEI STEEL shocking losses in Hebei ProvinceHuge foreign investments invested in Hebei Iron and Steel became the reason for a more thorough verification of investigators after accusing of their misuse by the company and, which caused the resignation of its chairman Wang Yufang. Hundreds of millions of dollars were spent during the Van Yufang…
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The steel plant Posco Krakatau has been opened in IndonesiaThe steel integrated Posco Krakatau Integrated Plant was opened in Tsilegon this week. PT Krakatau Posco is a joint venture between the state steel company PT Krakatau Style (KS) and the South Korean giant became Posco. This is the largest investment project in Indonesia with a total investment of…
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Usiminas and CSN agreed to increase prices in JanuaryUSINAS Siderórgicas, the largest flat rental manufacturer in Brazil, is negotiating with domestic distributors, in order to increase prices for slabs, pipes and galvanized products in January. Usiminas refused to publicly confirm any increase in prices. From reliable sources, it is known that…
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Korean metallurgists are concerned about anti -dumping claims in the United StatesThe Korean steel industry is under pressure from a series of anti -dumping claims filed against the main export goods in the North American market. Korean metallurgists could not intimidate such traditional measures to protect trade in the past, but everything can be otherwise this time that the…
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Indian iron ore export fell by 43.5 percentThe export of the iron ore of India from April to October 2013 amounted to 8.43 million tons against 14.910 million tons for the same period last year, decreasing by 43.5 percent. The total number of iron ore exports over this financial year will probably be in the range of up to 14 million tons…
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Updated global production data for November 2013The world production of unrefined steel in 65 countries that submitted data from the World Steel Association (WorldSteel) amounted to 127 million tons in November 2013, increasing by 3.6 percent compared to November 2012. The production of steel in China during November 2013 reached 60.9 million…
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Evraz carried out the first supply of innovative railsEvraz ZSMK announced that the rails launched into mass production with hardened heads of the P65 DT-350, at present, have already been shipped by Russian Railways in a volume of 10,000 tons with a length of 25 meters. The new rails released by Evraz are designed for the Gorky, North and October…
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Sanctions against Iran seriously influenced German companiesAccording to IMIDRO, the German Association with the Middle and Middle East, one of the oldest and largest associations in Germany, specializing in business relations with the Middle East, is ready to expand its activities in the Iranian mining industry. One of the members of the Association…
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