Metallurgy news
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The CIS metals market shows a negative resultIn accordance with the latest market information in the CIS, steel plants continue to face serious pressure due to sluggish world demand and reducing prices for these products. A decrease in steel prices is observed over the past 25-30 days. As a result, the blanks - decreased by $ 25 per ton…
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Quotes for the import of coal to Ukraine will enter into force on June 1The import of coal and coke to Ukraine in accordance with the resolution of the Cabinet of Ministers of April 22, 2013 will be regulated by the Special Government Commission, headed by Deputy Prime Minister Yuri Boyko. The commission included the heads of the Ministry of Revenue, the Ministry of…
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The economy of South Korea is growing at the fastest pace in two yearsThe metallurgical industry and the economy of South Korea in the first quarter have increased the most in the last two years, since the government has withstand the pressure of the yen course, from the opponents in Japan. Korea Bank said that the internal gross product has acquired 0.9 percent…
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Entering new mining capacities in Australia will cause a drop in iron ore prices - ValeVale Brazilian mining company expects the introduction of new production capacities in the second quarter of 2013 in Australia will exert significant pressure on the price of iron ore. However, the head of the iron ore division, Jose Carlos Martins, emphasized that Vale does not allow in his…
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Universal Stainess announced preliminary results for the first quarterUniversal Stainess & Allloy Products, Inc announced that, according to preliminary results, it is expected that sales for the first quarter of 2013 will amount to $ 49 million. Operational income and net profits promise to be breaking. The company plans to publish the final results of the first…
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Azerbaijan will pay special attention to the development of the country's metallurgical industryOn Tuesday, April 23, 2013, the President of Azerbaijan Ilsam Aliyam the manager to establish the state closed joint -stock company Azerbaijani Steel Production Complex. In accordance with the Decree of Aliyev, the new CJSC will be a metallurgical enterprise of the full cycle - from the extraction…
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Iran will launch the largest coke -chemical plant in the Middle EastIran is preparing to launch the largest coke -chemical plant in the Middle East with an annual performance of 900,000 tons in the central city of Isfahan. The new object for the production of coke isfahan's mobarakeh Steel Mill has already joined. The opening ceremony of the plant took place on…
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Japanese metallurgists are negotiating export pricesJapanese integrated manufacturers became faced with a dead end situation in negotiations on the export of a galvanized sheet to Asian countries, mainly China, for shipment in June. Local clients took a wait -and -see position. It is believed that they responded to weakening prices in Asia for steel…
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Baosteel expects a profit in 2013The largest metallurgical company in China Baoshan & Steel Co states that its profit this year will grow even better than in 2012 due to the intensified demand for metal from automakers, railway workers and energy. “We are sure that our operating profit this year will be better than in the past,”…
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Thyssenkrupp AG plans to sell its American metallurgical plants in MayThe largest steel company of Germany Thyssenkrupp narrowed the circle of buyers on its American and Brazilian metallurgical assets. According to the intelligence of the Bloomberg news agency, the Brazilian company CIA. Siderurgica Nacional SA (CSN) without waiting for the end of the agreement with…
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