Metallurgy news
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Rio Tinto at the end of June plans to start copper export to MongoliaRepresentatives of RIO Tinto informed the media that it plans to start the export of copper from the OU Tolga mine in the amount of 6.2 billion US dollars to Mongolia after the final coordination of this issue with the government. Journalists were invited to the mine to the ceremony to commemorate…
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For May 2013, global production of steel increased by 3.2 percentThe production of steel in 63 countries of the World Steel Association Association (WorldSteel) in May 2013 amounted to 136 million tons, increasing by 2.6 percent compared to May 2012. This is stated in a special WorldSteel report. At the same time, in the first five months since the beginning of…
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The Government of Ukraine intends to regain the legality of illegal quotas for the import of KoksAccording to information received from the Minister of Energy and Coal Industry of Ukraine Eduard Satvitsky, the Cabinet of Ministers appealed to the decision of the Kyiv Administrative District Court to recognize illegal quotas for the import of coking coal. This was reported today by "Ukrainian…
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The shares of China metallurgical companies fell 7 percent against the backdrop of fears about the slowdown in economic growthAfter yesterday’s statement by the head of the US Federal Reserve (Fed) Ben Bernanke on the possible restriction of operations with Chinese bonds, China's stock indices fell by 2.5 - 3 percent immediately, and the China’s Stocks Fell index fell to the lowest half years. Shares of the largest…
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Fitch confirmed the rating of metinvest at level B, the forecast is stableThe Fitch Ratings International rating agency confirmed the long -term rating of the issuer default (RDE) of Metinvest BV at the level of "B". This is stated in the statement of the agency. The priority unsecured rating for 2015 and 2018 of the release of Eurobonds (Eurobonds) was also confirmed at…
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Until the end of this year, gold will fit up to 1300 USD for ounce, and in 2014 it will cost no more than 1250 USDAccording to the forecast of a large New York investor, by the end of 2013, the cost of Troika ounce of gold will fall to $ 1300, and in the spring of 2014 they will be given less than $ 1250 for it. ITAR-TASS writes about this today. According to an unnamed trader, his forecast is based on a leak…
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Kazakhstan in January-May increased industrial productionThe Kazakhstan statistics agency reports that industrial production in the country grew by 1.8 percent from January to May 2013, compared with the same time interval of 2012. The results of the mining industry increased by 2.3 percent, and production increased by 1.6 percent. In the electric power…
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Bosnia seeks to prevent the closure of the largest aluminum plantBosnia authorities seek to prevent the closure of Aluminij Mostar aluminum plant, which occupies the first place in the export of the country. They made a proposal to resolve the structures of property and solve the problems that have arisen. Officials said that the agreement could be signed in the…
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The production of metal rolling in Ukraine in May 2013 decreased by 6 percentThe production of finished metal rolling by Ukrainian metallurgical enterprises in May 2013 amounted to 1 million 483 thousand tons, which is 6.3 percent less than a month earlier. This is shown by the data of the State Statistics Service of Ukraine. Production steel without semi -finished products…
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The net profit of the metalinest in the first quarter of 2013 decreased by 27 percentThe leading Russian manufacturer of iron ore company Metalloinvest for the first time in the history of its activities published an intermediate quarterly report on financial results for the first quarter of 2013. The company received $ 275 million, which was controlled by one of the richest…
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