Metallurgy news
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Mechel expects to sell DEMZ in the first quarter of 2013Mechel, who set his primary task to get rid of non -core assets, hopes to close most of the transactions in the first quarter of next year. According to General Director Mechel Evgeny Michel, "on some assets we are already in an advanced stage of negotiations, but we do not want to comment on the…
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On Evraza personnel permutationsAccording to the press center of the company Evraz, it was decided to divide the mining division into two separate divisions - "ore" and "coal". This measure will allow you to optimally distinguish between functions and increase the efficiency of management of the key product groups of the company…
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Russian Mechel registered a net loss in January-SeptemberThe Russian Mining and Metallurgical Group Mechel announced its consolidated financial results in January - September 2012. With these results, Mechel recorded a net loss of 550 million 94 thousand dollars in the first nine months of this proud, against net profit of 526 million 730 thousand…
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The average daily production of metal rolling in Ukraine has decreased by 15%During the first ten days of December, the metallurgical enterprises of Ukraine reduced the average daily production of metal products by 14.9% in relation to November 2012 to 68 thousand 700 tons per day. According to the received agency UNIAN in the Metallurgprom association, the average daily…
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Kremenchug steel plant stopped its workAccording to the head of the trade union committee of PJSC Kremenchug Steel Plant Viktor Shishkin, the company was stopped by decision of the owner in connection with the suspension of Russian partners acceptance of the main products of the enterprise. According to Viktor Shishkin, the main…
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Baoshan Iron & Steel raises rolled steel pricesAccording to Reuters agency, the Chinese steel giant Baoshan Iron & Steel announced an increase in rolled steel prices with the supply of $ 13/ton in January 2013. The optimism of Chinese steel manufacturers and metal rolling is caused by growing demand in the domestic market of the country and the…
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The removal of the arrest from the property of the Italian ILVA missile plant is excluded - the court of TarantoAs we have already reported, metallurgical production in Taranto, Italy was suspended by the decision of the local court after an environmental investigation, which proved a direct relationship between tumor diseases and an increase in respiratory diseases with unpeeled emissions of this…
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Türkiye increased production of steel by 7%According to Turkish Iron and Steel Productions Association, the volumes of steel smelting on Turkish missile defense systems for 11 months of 2012 increased by 7.1% with respect to the same period last year reached 28 million 300 thousand tons. In October, Turkish manufacturers of steel and metal…
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The Metallurgical Plant Zaporozhstal completed the overhaul of the domain furnace No. 5Within the framework of the program for modernization and reconstruction of metallurgical production, a major overhaul of the domain furnace No. 5 of the Zaporizhstal plant was held. According to the company's website, the costs of capital construction and repair in the domain workshop amounted to…
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Steel production in the European Union will not be restored in 2013 - FitchThe FITCH International rating agency has announced a negative forecast for the Steel industry of the European Union, saying that today there was no hope for the restoration of the steel market in Western Europe in 2013. According to Fitch estimates, steel production in the European Union will…
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