Metallurgy news
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Under Mittal Lakshmi in Ukraine, they continue to dig a holeIn the Verkhovna Rada of Ukraine, on June 20, 2013, a bill was registered on the return of the Arselormital Kryvyi Rih Metallurgical Plant (former Kryvyi Rog) to state property. This is stated on the official website of the Verkhovna Rada. The draft law on the return to the state property of the…
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Ukrainian meat processing plants buy scrap metal by one and a half times cheaper than TurkishIn mid -June, the price of scrap metal in Ukraine fell to $ 250 per ton. This figure became the lowest over the past three years and continues to fall. So, according to the SE "Ukrpromvneshekspertiza" (UPE) at the level of the chipping sites, scrap metal is already taken by 1700-1800 UAH per ton…
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Against the background of depletion of stocks, world prices for iron ore raw materials increased by 9 percent per weekAfter the rapid depletion of iron ore reserves for the largest consumers, the price of this raw materials increased by 9 percent over the past week. It is reported by Steelguru. The presence of iron ore raw materials in warehouses in China over the past two months has decreased by 19 percent…
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The Russian carbonic sector reduced production indicatorsIn the first five months of 2013, the production of passenger cars decreased by more than 15 percent, compared with the corresponding period of 2012 and reached 291 wagons, according to the Federal State Statistics Service. In May of this year, car construction reduced 9 percent indicators compared…
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Rio Tinto at the end of June plans to start copper export to MongoliaRepresentatives of RIO Tinto informed the media that it plans to start the export of copper from the OU Tolga mine in the amount of 6.2 billion US dollars to Mongolia after the final coordination of this issue with the government. Journalists were invited to the mine to the ceremony to commemorate…
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For May 2013, global production of steel increased by 3.2 percentThe production of steel in 63 countries of the World Steel Association Association (WorldSteel) in May 2013 amounted to 136 million tons, increasing by 2.6 percent compared to May 2012. This is stated in a special WorldSteel report. At the same time, in the first five months since the beginning of…
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The Government of Ukraine intends to regain the legality of illegal quotas for the import of KoksAccording to information received from the Minister of Energy and Coal Industry of Ukraine Eduard Satvitsky, the Cabinet of Ministers appealed to the decision of the Kyiv Administrative District Court to recognize illegal quotas for the import of coking coal. This was reported today by "Ukrainian…
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The shares of China metallurgical companies fell 7 percent against the backdrop of fears about the slowdown in economic growthAfter yesterday’s statement by the head of the US Federal Reserve (Fed) Ben Bernanke on the possible restriction of operations with Chinese bonds, China's stock indices fell by 2.5 - 3 percent immediately, and the China’s Stocks Fell index fell to the lowest half years. Shares of the largest…
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Fitch confirmed the rating of metinvest at level B, the forecast is stableThe Fitch Ratings International rating agency confirmed the long -term rating of the issuer default (RDE) of Metinvest BV at the level of "B". This is stated in the statement of the agency. The priority unsecured rating for 2015 and 2018 of the release of Eurobonds (Eurobonds) was also confirmed at…
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Until the end of this year, gold will fit up to 1300 USD for ounce, and in 2014 it will cost no more than 1250 USDAccording to the forecast of a large New York investor, by the end of 2013, the cost of Troika ounce of gold will fall to $ 1300, and in the spring of 2014 they will be given less than $ 1250 for it. ITAR-TASS writes about this today. According to an unnamed trader, his forecast is based on a leak…
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