Metallurgy news
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Condiac sees the complete restoration of the Mexican economy in 2014The President of the National Confederation of Distributes became Mexico (Condiac) believes that the restoration of the economy is probably not fully expected in the second quarter of 2013. And by the implementation of structural reforms in the energy and tax revenues in 2014 and 2015, this is…
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Hyundai Wia creates a joint venture with a Japanese manufacturer of turbochargersHyundai WIA South Korea, the largest manufacturer of auto parts, laid the foundation for a joint venture with the Japanese manufacturer of turbochargers IHI Corporation. The joint venture of Hyundai Wia IHI Turbo LLC plans to produce 250 thousand units of turbochargers at its SEOSAN factory…
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Russia intends to stimulate the import of scrap metalThe Government of the Russian Federation has begun consideration of methods for reducing VAT on the import of scrap into the country in order to protect its consumers. Simultaneously with the introduction of this measure, it is planned to establish an environmental fee for its export. After Dmitry…
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Ukrainian metallurgists in the first half of 2013 increased the export of metal rollingIn January - June 2013, Ukrainian metallurgical companies shipped 0.8 percent more for export than in APPG -2012. The total number of steel exports from Ukraine in the first half of the year amounted to 11 million 800 thousand tons. This is stated in the report of the SE "Ukrpromvneshexpertia". The…
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Millions of pounds of earnings on outdated electronics receives BritainThe rapid development of modern computer and household appliances sends millions to the tone of obsolete or those who have exhausted their resource of models. But processing such electronics is quite expensive. Therefore, some companies prefer to simply send it abroad. According to some reports…
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Emergency for Azovstal - the driver of steam turbines diedYesterday, on August 10, in the early morning, a pressure duct of 1000 mm with a diameter of 1000 mm occurred at the Azovstal metallurgical plant. As a result, the driver of steam turbines, located in the premises of the control panel of the TPP turbocharger, died. This was reported by the press…
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Key events of the outgoing week in the steel marketThe past week was marked by several iconic events in the world metallurgical industry: Russia reduced export of metal products, the main players worsened their indicators and again spoke about the oversaturation of the iron ore market. Against this background, the production of steel pipes of…
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The Cabinet of Ministers wants to sell 100% of lisichanskugg. The government’s refusal of the idea to sell the mines separately found the company by surpriseThe government has amended the list of mines planned for privatization in 2012-2014. According to the resolution of the Cabinet of Ministers of July 17, which was recently published on his website, 11 mines were excluded from the list of enterprises previously planned for privatization. For the…
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The exporters of the CIS varietal rental hold positionsSignificant changes in the CIS varietal rental market have not occurred over the past week. Despite the weak demand in the main sales markets, suppliers do not yet intend to give up positions. At the end of July, support for manufacturers was provided by the increasing policy of Turkish and Chinese…
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CSN announced record income from the sale of steel in the first half of the yearCompanhia Siderurgica Nacional, the largest integrated manufacturer became in Brazil and one of the largest in South America, announced its results for the second quarter and the first half of 2013. CSN reached record sales of 3.1 million tons of steel in the first half of 2013, which is 15 percent…
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