Metallurgy news
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The Party of Regions will not support the bill on the return of Krivorozhi to state propertyThe former head of the State Property Fund of Ukraine, and now one of the heads of the Party of Regions faction in the Verkhovna Rada, Mikhail Chechetov is sure that the bill on the next reproduction of the largest Ukrainian metallurgical enterprise Arselormital Krivoy Rog (Krivorozhstal) will not…
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Taruta threatens a stop of metallurgical productionCutting of the import of coking coal, like any non -market restriction of freedom of entrepreneurship, can lead to a stop of a number of metallurgical plants of Ukraine. This was announced today during the round table by the chairman of the board of directors of the Industrial Union of Donbass…
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The Indians came to visit YanukovychToday, President of Ukraine Viktor Yanukovych will accept the leader of the Lakota tribe Joseph Brings and the daughter of the Indian leader Kulani Kahalekia, who arrived at Viktor Yanukovych from the Hawaiian islands. This was reported by UNIAN. The Ukrainian president reminds the Hawaiian…
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Gold miners begin to stop productionThe falling prices for gold forced Golden Minerals to announce the stop of their activities at the Velardña mine, Mexico), in order to maintain assets until gold and silver show a wealthy cost for profitable activities. This is stated in the company's message. Golden Minerals workers were warned…
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ACCURIDE expands production capacities for the production of powder coating in Henderson, KentukkiThe ACCURIDE Corporation announced that it invests 5.8 million US dollars to expand its production capacities for the production of powder coating, installing a new coating line at a steel plant in Henderson, Kentucky. The enterprise will create a set of treatment facilities that will ensure…
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In 2015, a tax on carbon emissions will be introduced in South AfricaRepresentatives of SASOL, Anglogold Asshanti and ArcelorMittal SA report that it is necessary to clarify how the tax on carbon emissions in 2015 will be entered. Nevertheless, they performed at a briefing of national business initiatives South Africa in Johannesburg about a tax policy regarding…
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Report on the high cost of production and low imports in the steel industry of UgandaIt is reported that the young steel industry Uganda is on the threshold of many achievements, but it continues to torment high production costs and low import prices. The Uganda government said that annually, the country needs 150,000 tons of steel, which is almost twice as many of those 60,000 per…
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In the Atlantic, there were no free vessels left for loading after a sharp increase in the export of iron ore from BrazilThe largest buyers of iron ore raw materials in China began to restore their reserves, causing an increase in ore prices with a content of 62 percent of iron by 5.6 percent last week. Against this background, Brazil sharply increased the export of metallurgical raw materials, captivating all free…
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As a result of stopping the blast furnace, the AK Steel promotion immediately fell by 7.5 percentThe AK Steel steel company was forced to transfer the domain stove at the metallurgical plant to Middleton on idle after a serious accident occurred on Saturday. Investors reacted to a stop of steel -setting, lowering the quotes of shares of the largest metallurgical company in the United States by…
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The price of gold today has updated a two -year minimumIn Singapore, today the price of gold fell by another 0.4 percent to $ 1,276 per ounce after yesterday’s decrease by 0.7 percent. Today, gold is traded near the lowest level since September 2010 amid the fear of investors associated with the possible reduction in credit stimulation of the American…
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