Metallurgy news
The Chinese market became in the grip of paradoxes
The beginning of this week in the Chinese market has become the most controversial recently. A decrease in prices for local traders is somehow strangely combined with rising prices among manufacturers of metal rolling. As you know, metallurgical plants raised April…
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Thyssenkrupp AG chose the new chairman
Professor ulrich Lener was unanimously elected the new chairman of the supervisory board of the largest German metallurgical company, THYSSENKRUPP AG, the concern’s press service reports. Lener will proceed to the duties of the head of Thyssenkrupp from the 1st Upper…
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Arselormittal Kryvyi Rih reports on losses last year
PJSC Arselormittal Kryvy Rog today published a report on the results of its activities for 2012, according to which the Krivorozhsky Metallurgical Plant, with a net income from the sale of a metal production of 28 billion 900 million UAH, received a net loss of 2…
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China will have to reduce steel production in the coming days
The production of steel in China will be reduced after the fourth week in a row in a row in a row of metal rolling, they say in the Commodore Research & Consultance. The drop in prices for hot-rolled rolls amounted to more than four percent, the managing director of…
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Cyprus problems will affect Ukraine less than Russia - Financial Times
The introduction of a one -time deposit of deposits in Cyprus will more affect Russia than to Ukraine. This was written by the British edition of Financial Times. “Many Ukrainian companies, as well as Russians, carry out business through special offshore tools or…
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At a meeting on the issues of the GMC, Ukrainian ministers decided that he had to be saved
At a meeting on Mondays on the GMC issues under the leadership of two Deputy Prime Ministers Yuri Boyko and Alexander Vilkul, it was decided to create several working groups on supporting enterprises of the Ukrainian Mining and Metallurgical Complex. “The speakers…
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Last week in the United States, steel production fell again
The American Institute of Steel and Chuguna (AISI) reported that the production of raw steel in the country last week decreased by 2.4%, continuing the fall that had begun by 1.6%that had begun a week before last. In total, the production of raw steel in the United…
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Slow restoration of demand for steel in China presses on the price of iron ore - Rio Tinto
The world leader of the Rio Tinto LTD mining industry states that the price of iron ore will be under pressure in the second half of this year amid the slow -down growth in steel production in China. Reuters writes about this. The Australian Rio Tinto, the second…
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China investment in railways increased by 25.7%
The Sinhua news agency reports that during the first two months of the year, investment in the main capital of China railways increased by 25.7% in the annual calculus to CNY 37630 million (about $ 6 billion). According to information provided by the Ministry of…
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The Novolipetsk Metallurgical Plant last year reduced its net profit by almost a third
OJSC Novolipetsk Metallurgical Plant (NLMK) (LSE: NLMK) published its financial results today in 2012, as well as the financial results of its subsidiaries of VIZ-Stal LLC, OJSC STRENSKY GOK, OJSC NSMMZ (Sorting Division of NLMK OJSC), Altai-Cox OJSC. According to the…
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