Metallurgy news
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The largest metallurgical company in China Baosteel again reduces the prices for metal rollingThe Chinese metallurgical group Baoshan Iron & Steel (Baosteel) announces a decrease in selling prices for metal products, the supply of which will have to be in July 2013. This is stated in the message of Baosteel. This step in the company is explained by the continuing second month by slowing…
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Import Iron ore to China grew by two percentAccording to statistics, iron ore imports in China amounted to 68 million 560 thousand tons in May 2013, which is 2.1 percent higher than in April. At the same time, in five months since the beginning of the year, import growths amounted to 4.7 percent. In total, in January - May 2013, 322 million…
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In Arselormittal Krivoy Rog, an attempt to question the ownership of Kryvyi Rozhstal.In the law company Baker and Mackenzi, representing the interests of Arselormital Krivoy Rog, in Ukraine expressed concern about the resuscitation of the trial of an eight -year ago regarding the peculiarities of the privatization of crooked -road and studying all the legal consequences of this…
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The American Institute of Cast iron and steel considers excellent news the appointment of Michael Forman as adviser ObamaThe American Institute of Chugun and became in its message stated that Aisi was inspired by the decision of the Senate Financial Committee on the approval of Michael Forman to the position of US trading representative and one of the key advisers to President Obama. The President and CEO of AISI…
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Turkish metallurgists increase the export of metal rollingIn the first five months since the beginning of 2013, Turkish metallurgical companies increased the export of metal rolling by 4.25 percent compared to the same period last year, up to 10 million 550 thousand tons. At the same time, revenue from exports decreased by 3.4 percent - to 4 billion 250…
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Meinvest will support Makeevka, sending 350 thousand hryvnias to the implementation of city programsIn Makeevka, the summary of the contest "City - our hands" ended. The seven best social projects will be funded by metinvest during 2013 in the amount of 350 thousand UAH. This is stated in the message of the press center Metinvest. "Soon, in several Makeevka microdistricts, new sports grounds…
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Erdogan took part in the opening of a metallurgical plant in AlgeriaTurkish Prime Minister Mr. Recep Tayyip Erdogan speaking at the opening ceremony of a new metallurgical plant in Algeria said that "I hope we will increase our trade and investment with Algeria up to $ 10 billion mutually." Anadolu Agency writes about this today. Opening the largest metallurgical…
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The production of steel at the Magnitogorsk Metallurgical Plant increased in the first quarter by 3.6 percentAccording to the press service of the Magnitogorsk Metallurgical Plant OJSC (MMK OJSC), the production of steel at the enterprise in the first quarter of 2013 amounted to 3 million 75 thousand tons, which is 3.6 percent more than in the fourth quarter of 2012 and 10 percent less than in the same…
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The Magnitogorsk Iron Rest in the first quarter of 2013 increased profit by 36 percentIn the first quarter of 2013, the profit of Magnitogorsk Metallurgical Plant OJSC (OJSC MMK) amounted to $ 19 million, which is 35.7 percent higher than in the first quarter of 2012. This was reported by the press center of the plant. The consolidated revenue of the MMK in January-March increased…
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The European steel industry will destroy itself if it does not close unnecessary power - EuroferEuropean steel companies run the risk of destroying the metallurgical industry of the region if they do not close the plants, trying to reduce excess capacity and stop the drop in steel prices, the Eurofer’s metallurgical association said, Bloomberg reports. "There is a huge danger to the entire…
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