Metallurgy news
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ArcelorMittal credit rating is significantly reduced - FitchAs stated in the Fitch Ratings rating agency, a long-term credit rating of the largest metallurgical company in the world of Arcelormittal, one of the assets of which is located in Ukraine, reduced to the BBB-level to the BBB level. The fall in the rating clearly indicates the growing problems in…
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Inguletsky GOK in eleven months of 2012 reduced the release of ZhRK by 4%The Krivorozhny Ingok group Metinvest, in the first eleven months of 2012, reduced the production of iron-beam concentrate by 4% to 12 million 371 thousand tons, compared with January-November 2011. The release of ZhRK will fall further. For November, the production of concentrate on Ingok amounted…
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Ukrainian business will soon go to the barricades - Victor BalogDissatisfaction, intolerance and bitterness growing in Ukrainian society can provoke a “meaningless and merciless” riot, the initiators of which will probably be entrepreneurs. This was stated by the deputy, ex-head of the Ministry of Emergency Situations of Ukraine Viktor Baloga in his article for…
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More than three thousand free vacancies on Arselormittal Kryvyi RihThe reduction of workers on the former crooked -road, and now Arselormittal Krivoy Rog, an unpopular and forced measure for which the control room is being used to maintain production in the current economic situation in the global economy. “In the context of the global structural crisis and a…
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Novolipetsk Imarking plant increases sheet steel sales by 12%In December 2012, NLMK OJSC planned to ship sheet steel 12% more than in November. The factory managers expect to implement more than 460 thousand tons of metal rolling. Due to the active growth of demand, the most significant increase is scheduled for the shipments of a cold -rocked sheet without…
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Three quarters of 2012, the Metinvest group worked with a profitability of 4%As stated in the Metinvest company, today it is announced by Key financial indicators of work from January to September 2012 , which look as follows: consolidated revenue amounted to US $ 9,777 million The adjusted EBITDA indicator amounted to US $ 1,531 million with margin in 16% net profit…
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The Italian Senate allowed the ILVA to destroy the health of Taranto residents for two more yearsThe Italian news agency ANSA today reported that the Senate of Italy approved the bill on the support of the metallurgical plant of the city of Taranto Ilva, thus taking off the judicial restrictions on the production activities of the enterprise. 217 members of the Senate voted for the bill, 10…
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ArcelorMittal intends to dismiss 1,400 workers in BosniaArcelormittal Zenica (Zenitsa, Bosnia) announced the upcoming reduction of more than half the number of employees in the enterprise. Of the 2600 employees of the plant, 1,400 people will be dismissed, since the Bosnian branch of Arcelormittal shows the lowest labor productivity in Europe. On…
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Official expert opinion on the cause of the accident at the Ilyich Mariupol Mammage PlantThe expert commission of the territorial administration of the Gosgorpromnadzor in the Donetsk region provided an official opinion on reasons of the accident in the oxygen-converter workshop of the Mariupol Metallurgical Plant named after Ilyich, signed by the chairman of the commission Alexander…
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Zaporizhzhya Dniproospetsstal reduced production by 22%Zaporizhzhya "Electrometallurgical Plant" Dneprospetsstal named after A. N. Kuzmina ”reduced the smelting of steel in January - November 2012 by 21.7%, to 306 thousand 600 tons, compared with the same period last year, the press service of the plant reports. The production of metal rolling in…
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