Metallurgy news
-
Ukraine in January 2014 will continue to reduce the production of steel and metalIn January 2014, the metallurgical enterprises of Ukraine plan to reduce the production of steel compared to the expected volume of December 2013 by 1.4 percent to 2 million 700 thousand tons. This was reported in the association of enterprises "Metallurgprom". At the beginning of next year, the…
-
Moody 'S predicts the historically low profit level among Asian manufacturers of steelA review of the analytical agency of Moody 'S Investors Service published today, Asian manufacturers, the profit of the Asian manufacturers will remain at a record low level next year. “Prospects for Asian metallurgical and mining industries for 2014 are negative. The forecast reflects our…
-
Siemens thinks on the sale of Mull Metals TechnologiesSiemens AG is considering selling its VAI Metals Technologies, the largest engineering company in Europe, as said by the chief executive director of Joe Kaiser. The unit with 7000 staff is developing, building and serving installations for the steel industry, including engine frequency converter…
-
ARCELORMITAL Director General in South Africa will resign in 2014ArcelorMittal South Africa announced the resignation of the general director of Mrs. Nonkululeko Nymbezi-Heita since February 18 next year. It has been at the steering wheel of production over the past six years and has achieved significant success. The South African unit based on Luxembourg of a…
-
Cairo shakes the strike of employees of the metallurgical plantLast Tuesday, employees of the Egyptian State Metallurgical Company Egyptian Iron & Steel (Hadisolb) announced the continuation of the strike until their requirements are completely satisfied. About 5 thousand workers of the metallurgical factory located in Helian (southern suburb of Cairo)…
-
Vale really wants to sell part of the shares in a joint enterprise with ThyssenkruppAccording to one of their largest mining companies in the world of Vale, she decided to get out of the joint with the German company ThessenkrupP in Brazil. In an effort to reduce expenses and focus on iron ore mining, Vale announced the sale of 26.9 percent of the shares of the CSA steel plant in…
-
Evraz leaves EuropeToday it became known that the Russian group Evraz agreed on the transfer of a steel plant in the Czech Republic of Vítkovice Steel to the Russian Vnesheconombank. The bank will finance the production activities of the enterprise until the arrival of the new investor. This was reported by the…
-
Steel consumption in China in 2013 and 2014In China, the consumption of raw steel in 2013 is estimated at 693 million tons, which determines the growth of 3.2 percent in annual calculus and is expected to reach 715 million tons in 2014. The head of the Institute of the Chinese Metallurgical Industry said that, given the current production…
-
Korean manufacturers have become hopes for automakersWhile the steel industry of Korea continues to fight a long decline, auto-components are beneficial from the prosperous automobile market. According to the results of its activities for the third quarter, from the point of view of the total sales, Posco takes a leading position in the ranking, and…
-
Ukraine continues to reduce the production of metallurgical cokeAccording to the production association "Ukrkox", in January-November 2013, Ukrainian cokesochemical enterprises manufactured 16 million 144 thousand tons of metallurgical coke of 6 percent humidity, which is 7.3 percent less than in APPG-2012. At the same time, in November of this year, the…
Pages
← previous
next →
