Metallurgy news
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Mechel securities and NLMK can fly out of the MSCI RUSSIA stock indexAn important MSCI Russia index for passively controlled funds will leave Mechel and NLMK today. This was reported by "Vedomosti". Currently, the MSCI Russia index includes 27 Russian companies. The most “heavy” is Gazprom with a weight of 19.75 percent, in the 2nd and 3rd places-Sberbank and Lukoil…
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New Zealand trade union wants to force Rio Tinto to pay off wage debtsThe trade union organization of New Zealand EPMU is disappointed with the Rio Tinto refusal to pay the due monetary reward to its workers for work on holidays. This is stated in the message EPMU. Rio Tinto has never paid for bonuses for standard wages when employees go to work on weekends and…
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The Metallurgical Company ThyssenkrupP will hold mass dismissals in EuropeThe largest European steel company Thyssenkrupp AG, based in Germany, announced today about the optimization of the management structure and start of the new economic policy of the concern that includes a reduction in costs of 250 million euros and a reduction in 3,000 jobs. This is stated in the…
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On the Philippine Island of Palavan, the Japanese Corporation Sumitomo will build a metallurgical plantSumitomo Metal Mining Co Ltd decided to build an experienced metallurgical plant to restore chromium from nickel ore, together with Coral Bay Nickel Corporation (CBNC), having redeemed the shares of a subsidiary of a subsidiary located on the island of Palavan in the Philippines. A modernized…
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Industrial production in the European Union increased in March by one percentAccording to the European Statistics Bureau, in March 2013, industrial production in the European Union increased by 1 percent of the euro and 0.9 percent in the EU27 zone compared to February. This is stated in the report of the Eurostat. In an annual comparison, industrial production in Europe…
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Coks’s quota quotas to Ukraine appealed in courtThe Koksochemical Plants of the Donbass Industrial Union appealed to the District Administrative Court of Kyiv with a request to cancel the resolution of the Cabinet of Ministers of Ukraine of March 13, 2013 on quotas for metallurgical coke. It is reported by UGMK.info. According to the report, on…
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Dneprospetsstal knocked out the disappointing results of metallurgical production for April 2013In April 2013, PJSC Electrometallurgical Plant Dneprospetsstal named after A.N. Kuzmina ”produced 25 thousand 976 tons of steel, which is 6.1 percent less than last month. During the same period, Dnipro -Spotsstal manufactured 17 thousand 460 tons of metal rolling, which is 0.9 percent more than in…
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Rusal in the first quarter of 2013 lost almost half of the net profitThe largest aluminum manufacturer in the world, the Russian company Rusal, completed the first quarter of 2013 with a profit of $ 52 million, which is 44.7 percent less than in January -last year. This was reported by the press center of Rusal. Rusal gross profit in the first quarter of 2013…
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The European Union must defend himself from Chinese imports - Lakshmi MittalThe General Director of Arselormital Mr. Lakshmi Mittal believes that the European Union should urgently take protectionist measures to protect against unfair competition from China. Mittal said that the attacks of politicians on the firm economy company should be aimed at the reasons that prompted…
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Tata Steel was curled about $ 1.6 billion of losses related to the depreciation of its assetsIn the financial report compiled by the Tata Steel metallurgical company, the company was summed up for the past reporting period from April 1, 2012 to March 31, 2013. According to the company’s message, due to the weakening of the macroeconomic situation in Europe, where the visible demand for…
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