Metallurgy news
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In the third quarter, Allegheny Technologies's income has decreased significantlyRepresentatives of Allegheny Technologies (ATI) from Pittsburgh, which is a supplier of special metals for Boeing engaged in the production of aircraft for civil aviation, said that in the third quarter, ATI revenues decreased due to the drop in prices and reducing the supply of manufactured…
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The production of steel in South Africa is growingAccording to preliminary data published today by the State Statutes of South Africa, the production of ferrous metallurgy products in this country in September 2013 increased in an annual comparison by 3.5 percent, and compared with August - 2.8 percent. However, the steel price index, taking into…
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Riddles of Russian statistics negatively affect the IPO in metallurgyRussian statistics do not accurately reflect the state of affairs in the economy and, in particular in the construction sector of the Russian Federation. This opinion was voiced by the head of the corporate strategy of Severstal OJSC Andrei Laptev. According to him, there is a curious statistical…
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Russian green worries about blue-yellow neighborsIn Belgorod, a protest of local "green" against the production of shale gas in Ukraine took place. About seven hundred members of Alns of the Green - the People’s Party took part in the manifestation, held on October 13, the REGNUM news agency betrays. Belgorod activists of the environmental…
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Russian metallurgists stop factoriesEuraz ineffective metallurgical plants will be closed, and production volumes will be covered in the rest, the vice president of the company for large projects Marat Atnashev said in an interview with Prime. The high cost and significantly increased prices of monopolists complicate the life of the…
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Baosteel will not increase metal pricesThe leading Chinese metallurgical company Baoshan Iron and Steel (Baosteel) will not increase steel prices in November 2013. This is stated in the company's statement. Baosteel will leave the same prices for hot -rolled and cold carbon steel in rolls in November. Nevertheless, according to Yeh.com…
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A turbiate handed over the second working wheel for the hydraulic turbine in IndiaIn accordance with the contract signed at the beginning of this year, Turboat OJSC will produce three working wheels with thirteen blades, 2.65 meters in diameter and a weight of 12 tons each for a hydroelectric power station of 93 metro Watt “Turian” under construction in India. This was reported…
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Rinl increased revenue in September by 34 percentRashtriya Ispat Nigam, the largest steel company in the world of the public sector of India, said that with 63 percent of the growth of volumes of sales, 34 percent to 12.22 billion rupees in September increased. The official representative of the company said that "the revenue from the…
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Thyssenkrupp Steel Europe introduces Quintiq software platformsQuintiq, the world leader in the field of supply and optimization of the production chain, announced that the Thyssenkrupp Steel Europe AG (TKSE) will use the QUINTIQ platform to accelerate customer orders to increase performance. TKSE is one of the world leaders in the technology of flat rental of…
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Steel consumption in India this year will increase by 3.4 percent, in the following - by 5.6 percentAccording to the Economic Times, the volume of metal products consumption in India will grow by 3.4 percent in 2013, to 74 million tons. The rates of Indian growth will be slightly higher than the global, declared by the World Steel Association (WorldSteel) at 3.1 percent, up to 1 billion 740…
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