Metallurgy news

• Chinese metallurgists received $ 313 million in losses for 11 months of 2012 The Association of Steel manufacturers and China’s metal distribution said that in January - November 2012, the total clean loss of large and medium metallurgical enterprises amounted to 1 billion 970 million yuan or 313 million US dollars. Meanwhile, the total revenue from sales of steel in C... 09.01.2013  00:01

• Ukrainian metallurgists received more than 12 billion hryvnias of losses for 11 months of 2012 The negative financial result before tax in the metallurgical industry of Ukraine (donario loss) in the first 11 months of 2012 increased three times in relation to January-November 2011. Losses of metallurgy amounted to 12 billion 434 million UAH, which is 8 billion 408 million UAH more than the... 09.01.2013  00:01

• The export prices of the Chinese hot rolon reached $ 600, the cold -rolled steel - $ 670 The price explosion in the domestic market of the Middle Kingdom expanded to export deliveries. In the domestic market of China in Shanghai, cold-rolling steel 1.0 mm is sold 4620-4770 yuan ($ 733-757) per ton, which is 20-50 yuan per ton more than a week ago. “Steel companies raise prices in r... 09.01.2013  00:01

• China kept first place in the world in the consumption of metal rolling in 2012 Experts of the analytical agency MEPS calculated that in 2012, Chinese metallurgists produced 706 million tons of finished metal rolling, which is 6.8% more than in 2011. Visible consumption of metal products is stated in MEPS, increased by 5.7% and amounted to 680 million tons. The main source... 09.01.2013  00:01

• MK Zaporizhstal plans to spend 830 million UAH on the modernization of production in 2013 The Metinvest group, who came to Zaporizhstal last year, intends to invest 830 million UAH in the modernization of the Zaporizhzhya Metco Council, which is two and a half times higher than the amount allocated for these purposes in 2012, the plant’s press center reports. "Among the main large -... 09.01.2013  00:01

• Tata Steel expects an increase in metal rolling sales in the eurozone by 2.5% The managing director of the largest Indian metallurgical company Tata Steel Himant Madhasudan Nerurkar said today that his company expects the next financial year, starting from April 1, 2013, the growth of steel sales and metal production in the European Union by 2.5%. “We expect a modest g... 08.01.2013  07:03

• Turkish export of steel pipes grew in 2012 by 16% The Turkish Association of Steel Pipe Manufacturers (CEBID) said today that the total volume of pipe products from this country in 2012 amounted to 1 million 910 thousand tons, increasing by 15.8%compared to 2011. However, income from the sale of steel pipes increased by only 6.4% over a year... 08.01.2013  00:01

• India limited the import of metal rolling from China after a complaint Tata Steel India authorities decided to introduce a restrictive import fee of 20% for some types of Chinese metal rolling, betrayed Bloomberg. The basis for such a measure was the complaint of the largest Indian metallurgical company Tata Steel about a sharp increase in the presence of Chinese products in the... 08.01.2013  00:01

• Qatar will build a steel plant with a capacity of 10 million tons in Algeria Algeria and Qatar on Monday signed an agreement on the construction of a large metallurgical plant in three hundred kilometers east of the capital of Algeria. As stated in a message in the city of Bella, a metallurgical plant with a capacity of 10 million tons of steel per year will be... 08.01.2013  00:01

• Chinese Baosteel announced raising prices for metal rolling in February Baosteel announced today that to compensate for the costs of metallurgical raw materials, it has to raise prices for metal distribution of February 2013. This statement will most likely promote a new round of rise in the cost of steel products in China. Prices are raised to a hot roller of $... 07.01.2013  00:01