Metallurgy news
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Japanese steel corporation Nippon Steel & Sumitomo will raise prices by 20 percentAccording to the Reuters news agency, the executive vice-president of Nippon Steel & Sumitomo Metal Corp (NSSMC), Mr. Signa Higuchi, said at least 20 percent of the summer, Mr. Sinya Higuchi. According to Hichuga, he is sure that most of the NSSMC customers will easily accept the increase in the…
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Japanese metallurgical companies reduced exports by 11 percentIn April 2013, the export of steel products from Japan decreased by 11 percent compared to March and amounted to 3 million 640 thousand tons. At the same time, in an annual comparison, Japanese metallurgical companies increased shipments by 18 percent of the country. In April of this year, the…
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In January - May, the mountain metallurgical complex of Ukraine produced 13 million 815 thousand tons of steelAccording to the Association of Metallurgical Enterprises of Ukraine OP Metallurgprom in the first five months (January - May) since the beginning of 2013, domestic metallurgy produced 13 million 815 thousand tons of steel, which is 2 percent less than the same period last year. At the same time…
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The increase in iron ore mining is ahead of demandWorld Iron ore mining capacities will grow faster than demand from steel factories in China, the world's largest consumer of this raw materials, the Baosteel Group Corp statement said in a statement by Baosteel Group Corp. The growth of production steel fell to less than 5 percent after a 20…
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40 percent of all electricity in Iran produce private companiesAccording to the Iranian edition of Tehran Times, the country's private sector accounts for 40 percent of the total electricity generation and this figure will soon grow to 60 percent. This was told by correspondents by Deputy Minister of Energy Iran Mohammad Behzad on Sunday June 2. According to…
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Nickel overproduction in 2013 will reach 75 thousand tonsThe world production of Nickel this year will increase by 4.7 percent and reach 1 million 844 thousand tons. This is stated in the presentation of the world's largest manufacturer of this metal of the Russian company GMC Norilsk Nickel. Thus, the production of Nickel will be ahead of its…
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In Ukraine, steel production has grownIn May 2013, Ukrainian metallurgical plants increased the production of steel by 0.3 percent compared to the previous month. The total number of soldered steel amounted to 2 million 757 thousand tons, which is 5.5 percent less than in May 2012. At the same time, for the first five months since the…
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Ukrzaliznytsia gave a discount to Metinvest at the Railway Tariff for MariupolFrom June 1, 2013, the metal distribution of the Ilyich and Azovstal MMK production will be transported to the Mariupol seaport with rail. This was reported by the press center of the group Metinvest. By the end of this year, metallurgical plants of the Metinvest group will be sent to the port of 3…
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Wisco intends to increase new capacities in 2013Wuhan Steel or Wuhan Iron and Steel (Group) Corp, the oldest steel company in China, intends to increase production by 2.29 million tons this year due to new capacities, anticipating the increase in steel consumption in the domestic market despite the anemia of the steel industry as a whole. In…
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Mepel shares, which lost today more than 8 percent dropped the RTS index on the annual minimumToday, the RTS index updated the annual minimum after the shares of the largest steel and mining Russian company Mechel lost more than 8 percent in price, and the papers of the Severstal fell 4 percent. The MICEX index to 11.41 Moscow time fell by 1.3 percent - to 1333.25 points, the RTS index - by…
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