Metallurgy news
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Goldman Sachs predicts the restoration of demand from China for metallurgical raw materials before the end of this yearDemand for metallurgical raw materials in China will be restored until the end of 2013. The consumption of iron ore, copper and tin will grow rapidly, since infrastructure projects gain pace and force metallurgists to replenish reserves. This is stated in the fresh report of the analytical bureau…
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The Italian police confiscated a billion euros from the Riva family. Even slags were takenThe Italian publication ANSA reports that the authorities confiscated the property of thirteen companies controlled by Riva holding. The value of assets estimates more than 1 billion euros. Recall that Riva controls the largest metallurgical plant in Italy ILVA, which has become one of the most…
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Stainless steel production in China will reach 25 million tonsAccording to the last report of the Chinese Association of stainless steel manufacturers, the production of stainless steel in this country will reach 25 million tons by 2020 with a visible consumption of 20 million tons. In addition, the growth of state investments and a stable economic policy…
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Koksochemical plants of Ukraine abandon domestic coalIn January - August 2013, the coke -chemical plants of Ukraine purchased 11 percent less coal of domestic production. The total amount of Ukrainian coal received by the country's cokes was 9 million 100 thousand tons. This was reported to the OP "Metallurgprom". The amount of imported coal received…
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Arcelormittal published a statement regarding the situation in SenegalThe largest metallurgical company in the ArcelorMittal world, the recently lost court with the government of Senegal, relatively non -compliance with investment, published a statement regarding this issue. "In 2007, ArcelorMittal Holdings AG entered into an agreement with the state of Senegal…
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China Steel increased operating profit by 20 percentAccording to the submitted declaration for Taiwanese stock exchange, the China Steel Corporation recorded a 1 percent reduction in taxation to taxation (EBIDTA) associated with a decrease in investment income from subsidiaries. This was reported by the Institute of Strategic Research. According to…
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Ukrainian metallurgical companies reduced the production of steel by 0.7 percentIn the first eight months of 2013, Ukrainian metallurgical enterprises included in the association of Metallurgprom enterprises increased the production of steel compared to APPG -2012 by 0.7 percent, to 22 million 156 thousand tons, by 1.9 percent, to 19 million 455 thousand tons and reduced the…
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Amsteel Mills modernized the production of KatankaIn Germany, SMS Meer, a world leader in equipment for steel factories and continuous casting, pipe plants and rolling mills, successfully updated the main components of the Katanka production plants on AMSTEEL MILLS in Malaysia. Modernization will allow the company to increase its performance and…
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Shares of Chinese metallurgical companies have reached a three -month maximumThe aggregate growth of capitalization in China reached up to three months of maximum after the government of Lee Kesian managed to restore the growth of lending. In addition, UBS AG and Deutsche Bank AG revised their forecasts for the economic growth of China aside. The largest growth of shares…
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The shares of the largest Egyptian Mining EZZ Steel grow against the backdrop of the government’s intentions to limit Turkish importThe largest Egyptian manufacturer and seller of the metal distribution company Ezz Steel can increase the shipments of steel to the country's domestic market by more than 10 percent. Against the background of the government’s statements on the restriction of the Turkish import of metal products…
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