Metallurgy news
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Report on the high cost of production and low imports in the steel industry of UgandaIt is reported that the young steel industry Uganda is on the threshold of many achievements, but it continues to torment high production costs and low import prices. The Uganda government said that annually, the country needs 150,000 tons of steel, which is almost twice as many of those 60,000 per…
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In the Atlantic, there were no free vessels left for loading after a sharp increase in the export of iron ore from BrazilThe largest buyers of iron ore raw materials in China began to restore their reserves, causing an increase in ore prices with a content of 62 percent of iron by 5.6 percent last week. Against this background, Brazil sharply increased the export of metallurgical raw materials, captivating all free…
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As a result of stopping the blast furnace, the AK Steel promotion immediately fell by 7.5 percentThe AK Steel steel company was forced to transfer the domain stove at the metallurgical plant to Middleton on idle after a serious accident occurred on Saturday. Investors reacted to a stop of steel -setting, lowering the quotes of shares of the largest metallurgical company in the United States by…
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The price of gold today has updated a two -year minimumIn Singapore, today the price of gold fell by another 0.4 percent to $ 1,276 per ounce after yesterday’s decrease by 0.7 percent. Today, gold is traded near the lowest level since September 2010 amid the fear of investors associated with the possible reduction in credit stimulation of the American…
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The former prime minister of Italy was sentenced to 7 years for sex with a minorThe Milan court today sentenced the former Prime Minister of Italy Silvio Berlusconi. According to the court’s decision, Berlusconi will conduct seven years in prison for contact with a minor prostitute Karima El-Mar, nicknamed “Ruby”, which occurred before she turned 18 years old. Initial…
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ENRC metallurgical group began a major game in KazakhstanLast week, the largest manufacturer in Kazakhstan KazakhMys received an offer from the Eurasian Natural Resources Corporation of the purchase of their securities. To date, KazakhMys owns 26 percent of competitors. It is already known that the company will give a positive answer, because it…
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During the investigation on the execution of Ukrainian citizens in Pakistan, all the leaders of the Gilgit-Baltistan region were removed from officeIn Pakistan, during the investigation in the case of an execution in Gilgit-Baltistan, Ukrainian and Russian tourists were removed from the posts of the general inspector of the police and the chief secretary of the region. This was announced by the Minister of Internal Affairs of the Republic of…
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Steel production in Japan has grown to the highest level over the past three yearsThe production of raw steel in Japan increased in May until the highest level from January 2011, supported by the export stimulation program known as "Abenomics". The growth of steel smelting amounted to 9 million 620 thousand tons, which is 4.3 percent more than in the APPG-2012. This is stated in…
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Mexico introduced anti -dumping duties on Chinese steel seamless pipesAccording to the results of the investigation of complaints from Tamsa, the Mexican branch of the Tenaris steel corporation, Mexico installed import duties on seamless steel pipes from China. The tariff is set at the level of $ 1252 per ton and will not exceed 56 percent of the customs price, the…
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Slow down in China begins to pose a threat to the growth of the world economyThe new goal of the Chinese leadership will be to ensure the sustainability of the economy in conditions where its growth is less than 7 percent, against 9 percent in the last two years. Bloomberg writes about this today. “I haven’t worried much until this week,” says Sydney, the head of the Sidney…
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