Metallurgy news
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The closure of the thick -power camp of Euraz in Italy led to an increase in prices by 20 percentToday it became known that the plan to turn the production of thick sheet at the Palini & Bertoli metallurgical plant in the city of San Jordo-Di-Nogaro (Italy) was finally implemented. The direct consequences of the embodiment of this plan were the price of sheet steel tons increased to 500 euros…
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Kyiv: shaped rental and hot -rolled sheet went upIn the warehouse market of Kyiv in early August, the quotes of reinforcement are preserved. So, most merchants continue to adhere to the minimum price level - 5800 UAH/T (parties from 5 tons). Despite the fact that the demand of the final buyers remains moderate, more and more companies are…
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Chinese exporters began to use loopholes in the Vietnam marketVietnamese manufacturers began to encounter difficulties in production and business due to hard competition from Chinese steel products. Excess sentence complicates the position of the Siam Steel Vietnam Company. Internal manufacturers have come across many problems due to the presence of Chinese…
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Salzgitter metallurgical shares fell by 10 percentSalzgitter steel group announced that this year she would have to write off about 400 million euros of losses against the backdrop of a sharp drop in demand and deterioration in the European economy. "The ongoing decline in many European countries exerts pressure on the European steel industry in…
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Evraz Vitkovice Steel resumed work after a month downtimeThe Czech Metallurgical Plant Evraz Vitkovice Steel, a division of the Russian company Evraz, resumed the production of steel after more than monthly downtime due to the lack of demand for metal distribution. The representative of Euraz reported that the company agreed with the local ARCELORMITTAL…
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Arcelormittal published a report on the form of 20-FAgainst the background of the ongoing decline at the macroeconomic level, the level of production of the main products is growing compared to the second half of 2012, the period that has become the most decadent in the history of the company, says the preface to the report signed by the General…
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Kazakhstan: In August, the main manufacturers mainly retain the prices for reinforcementIn August, the prices of manufacturers have not changed for the supply of reinforcement to the reinforcement to the market of Kazakhstan. Thus, the main factors that impede the rise in price of the rental are the presence of the free capacities of Kazakhstani manufacturers and a high level of…
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Rio Tinto and BHP awaits a sharp reduction in profit - Australian pressToday it became obvious that the mining boom was over. Rio Tinto and BHP Billiton showed a tendency to reduce profitability and unprecedented zeal to reduce costs. The weakening of the prices for raw materials forced industry monsters to tighten financial discipline and cut off payments. About this…
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Steel production in Iran over four months increased by 5 percentIn the first four months of the current calendar Iranian year (March 21 - July 22), the production of raw steel in this country increased by 5 percent. It is reported by Tehran Times. The total production of unrefined steel reached 1 million 300 thousand tons in the last calendar month of the…
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France reduced steel production in the first half of the yearAccording to the latest data published by the French Federation, in the first half of 2013, French production of steel decreased to 8.024 million tons, which is 4.3 percent less when compared with the same period last year. During this period, the production of electric arc furnaces (EAF) was…
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