Metallurgy news
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World prices for gold fell by almost 10 percent, for silver by 14 percentOn Monday, April 15, 2013, the largest drop in gold prices in the last 30 years has occurred at the London Metal Exchange. The price of metal decreased immediately by 9.2 percent and amounted to 1395 dollars per ounce. According to the results of yesterday's trading, the price of silver collapsed…
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In the opinion of the IMF, the GDP growth in Ukraine will be 0 percent in 2013The gross domestic product (GDP) of Ukraine in 2013 will remain at the best case last year, the International Monetary Fund (IMF) said. As stated in the analytical report of this organization, if the political situation in the country does not change, then the growth of GDP of Ukraine at the end of…
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Nigeria will become a world leader in steel productionNigeria will soon join the world leaders in the production of steel and metal rolling, and after 2018 it may take a leading position on a global scale. Recently, a metallurgical enterprise in Lagos plans to export its first batch of reinforcement in the amount of 5 thousand tons. The CEO of the…
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The Taranto referendum showed that more than 80 percent of the city’s inhabitants advocate a complete stop of the ILVA missile systemAccording to the Italian news agency ANSA, the decision of the advisory referendum on the fate of the problematic metallurgical plant Ilva, which went on last Sunday in the city of Taranto, will not be mandatory. The fact is that to recognize the referendum, under the Italian laws, a quorum…
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Arselormital Kryvy Rog increased the production of steel in the first quarter of 2013 by 9%Arselormittal Krivoy Rog PJSC in the first quarter of 2013 smelted 1 million 612 thousand 900 tons of steel, which is 8.9 percent more than in the first three months of last year. The production of metal rolling increased by 9.6 percent and amounted to 1 million 411 thousand 100 tons, while the…
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The financial losses of the Russian swordsman last year reached 1 billion 660 million dollarsMechel OJSC has provided data today, according to which the company's net loss for 2012 in US GAAP amounted to 1 billion 660 million US dollars against net profit of 727 million $ 900 thousand in 2011. At the same time, the company's revenue in 2012 decreased by 10.1 percent to 11 billion 275…
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Evraz Group SA bonds reduced the ratingAs reported, Evraz Group SA plans to place seven -year bonds (Eurobonds) in the European stock market totaling $ 1 billion at 6.5 percent per annum. Today, the Fitch rating agency appropriated the Euras Eurobonds Pre-Rating at the BB- (EXP) level. The agency argued its decision by the fact that the…
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Where 10 billion hryvnias allocated to the government will be directed by the government is not yet known - Vladimir BoykoIn an interview for the Mariupol Illichivts, the honorary president of the ILICHI MMK and People's Deputy of Ukraine Volodymyr Boyko reported that 10 billion hryvnias allocated to the state support of the country's ministers are used correctly and for their intended purpose. "It is still necessary…
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On April 19-21, a conference with the participation of the largest manufacturers of China will be held in ShanghaiWhat will become 2013 for the Chinese metallurgical industry? Surviving the most unsuccessful in the history of China’s development in 2012 and pretty battered by weakened demand for metal rolling, the largest manufacturers of China became at a conference in Shanghai, which will be held from April…
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In February, the German auto industry showed an increase in production of 3.8 percentAccording to preliminary data presented by the Federal Statistical Administration of Germany, the adjusted turnover in German industry in February increased by 0.5 percent compared to the previous month, after falling by 0.4 percent in January 2013 and decreased by 3 percent compared to February…
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