Metallurgy news
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The European Union should make priority the growth of industrial production and workplaces - EuroferCommenting on the meeting of the European Council on Wednesday, May 22, the General Director of Eurofer, Mr. Gordon Moffat, said that the European Council must change the EU policy, sending it to the channel for ensuring industrial growth, creating new jobs and introducing innovations. According to…
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The production of cast iron and steel in Ukraine will begin to grow in June 2013According to the Ukrainian Metallurgical Association, Metallurgprom, in June 2013, steel production in Ukraine will grow by 1.5 percent with respect to April - up to 2 million 790 thousand tons. According to the forecast of the Association, the production of cast iron will increase by 5.8 percent -…
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Russia will close the March production until 2015In St. Petersburg, the sixth Nevsky Ecological Forum took place on Cort, Deputy Minister of Industry and Trade of the Russian Federation, Gleb Nikitin, assured the audience that the Martinovsky industry had become closed at Russian metallurgical enterprises. "Until 2015, the Martinov production…
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Global production of steel in April increased by 1.2 percentAccording to the World Casting Association and the World Steel Association (WorldSteel), steel production growth in the world for April was 1.2 percent compared to April 2012. The total number of raw steel in the 63 countries of the WorldSteel participants reached 132 million tons in April 2013…
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Metinvest announced financial results for 2012. Pure profit losses reached 77 percentThe maternal company of the international vertical and integrated mining and metallurgical group of companies Metinvest B.V. announced today the results of the financial activity of the enterprise for 2012. According to the company’s report, the operating profit in 2012 decreased by 65 percent - to…
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SKM group invests in agricultureSince the beginning of 2013, the Ukrainian businessman Rinat Akhmetov has invested more than $ 25 million in the Harveast agricultural holding, and since 2011 more than $ 50 million. This is stated in the message of the SKM group. As stated in the message, "as part of the Harveast Holding…
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For the post of Azovstal metal distribution to the Beloyarskaya gas station, top managers of suppliers will be given to courtThe top managers of Russian companies of OJSC Atom-Industry and Zio-Podolsk OJSC, accused of embezzlement of more than 145 million rubles, will be trial. This was reported by the Prosecutor General of the Russian Federation, reports RIA Novosti. The criminal case under the article "Fraud" was sent…
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Lakshmi Mittal met with the president and Prime Minister RomaniaAccording to the Romanian media, General Director of the largest steel company Arselormital Mr. Lakshmi Mittal, during a meeting with Romania President Trajan Basescu, emphasized the importance of a metallurgical plant in Galati (Galati). "Arcelormittal Galats (former Sidex Galați) is very…
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The forecast of world prices for coking coals remains optimistic in the medium and long termThe global coking coal market today is at the lowest point over the past 18 months completely dependent on the state of affairs in the steel industry. Too large production and the desire of metallurgists for the rational use of resources create the prerequisites for a further fall in the demand for…
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After yesterday's publication of the quarterly report, the rally Severstal sank by 1 percentDuring the trading on the Moscow Exchange on May 20, 2013, the shares of Severstal, which published a quarterly report in the morning, fell in price by 1 percent - up to 266 rubles per share. It is reported by ITAR-TASS. "Thus, the shares of one of the leading Russian manufacturers are now trading…
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