Metallurgy news
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Do not rush to sell gold, prices for it will recover and begin to grow - expert opinionAt the auspices of the Sberbank of the Russian Federation in Moscow “Forum Russia 2013”, a member of the Federation Council from the Amur Region, as well as the honorary president and founder of the Petropavlovsk group Pavel Maslovsky, said that the prices of gold, which have fallen sharply this…
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China continues to increase steel productionIn the first decade of April 2013, the average daily production of steel on Chinese metallurgical plants grew by another 2.5 percent. This was announced today by the Chinese Metallurgical Association. The average daily production of steel in China since mid -February 2013 exceeded 2 million tons…
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Excessive metallurgical capacities reached 600 million tonsSpeaking to foreign investors at the conference organized by Sberbank of Russia, the general director of OJSC Novolipetsk Metallurgical Plant Vladimir lisin said that an excess of metallurgical capacities around the world reached 600 million tons. "The crisis that the world metallurgy encountered…
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Arselormital suits SeverstalArcelorMittal USA LLC filed a lawsuit against Severstal and Nisshin Steel Holdings Co accusing these companies of violation of the patent agreement in the production of steel for the automotive industry. It is reported by Bloomberg. The lawsuit, in particular, states that the Michigan Metallurgical…
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Industrial production of Ukraine increased by 11 percentThe decline in industrial production in Ukraine in March 2013 reached 5.2 percent compared to March 2012, although in relation to February, industrial production increased by 11 percent. This is stated in a statement by the State Statistics Service. The first quarter of the current year by…
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Ukrainian metallurgists for the first quarter of 2013 melted 8 million 678 thousand tons of steelIn the first quarter of 2013, Ukrainian metallurgical enterprises melted 8 million 678 thousand tons of steel, including 4 million 354 thousand tons of cast semi -finished products. This was reported by the State Statistics Service. The report indicates that the production of metal rolling…
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Comfortable Zaporizhstal graduated from the first quarter of 2013 with a profit of 170 million hryvniasAccording to the press service of Zaporizhstali, in the first quarter of 2013, the company received UAH 170 million of net profit according to international financial statements (IFRS) against 455 million UAH in January - March last year. The company managed to improve financial results as a result…
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The European Parliament rejected the new bill to trade in CO2 emissionsThe European parliament on Tuesday rejected the proposal of the European Commission to change the procedure for trading emissions of CO2 and the functioning of the hydrocarbon market in Europe, sending it to the improvement committee on the environment. This decision is welcomed by the…
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The production of steel in the Russian Federation in the first quarter of 2013 fell by 5 percentIn January - March 2013, 17 million 200 thousand tons of steel were melted on the territory of the Russian Federation, which is 4.6 percent less than in the same period in 2012. At the same time, coal mining decreased by 0.7 percent -to 85 million 900 thousand tons and coke production fell by…
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Metinvest will put 30 million hryvnias into the social sphere of Krivoy RogThe agreement signed for 2013 between the Metinvest group and the Krivoy Rog authorities on social partnership provides for financing urban social programs in the amount of UAH 30 million. This was reported by the press center of Metinvest. The agreement will be implemented as part of the Social…
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