Metallurgy news
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Export prices for metal products of Ukrainian power plants were stabilized at a low levelOver the past month, export prices for Ukrainian -made metal supply have not changed. Situational attempts to increase the prices of semi -finished products have not yet been crowned with success and, under the pressure of weakening demand, rolled back to their former positions. Data of…
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EMZ shareholders do not need moneyThe shareholders of the Enakievsky Metallurgical Plant Metinvest included in the Ukrainian group yesterday at the general meeting unanimously abandoned dividends for 2012. The audience decided to give their money to repay the losses of past years. This was told by one of the shareholders of EMZ…
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Accountant of the Brazilian CSN presented her to the leadership of a joyful surpriseWhen compiling an annual report, the accounting of the CIA Siderurgica Nacional SA (CSN) unexpectedly for its leadership showed a significant increase in income of the largest metallurgical company Brazil in the fourth quarter of 2012. Profit appeared as a result of improving sales in the country's…
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Chinese metal traders require the missile systems to lower pricesBurdened with excessive reserves and fallen demand for metal rolling, some Chinese metal traders demanded that the country's metallurgical plants provide them with a discount for paid but not yet received metal. Corresponding letters that clearly illustrate the drop in prices and demand for steel…
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Evraz Highveld shares have grown almost doubled after the sale reportsPromotions of the South African, now probably the former Evraz Evraz Highveld Steel and Vanadium limited (Evraz Highveld ”), today in a few hours have grown by 81% against the media reports on the sale of the NEMASCORE (PTY) consortium LTD. This is written by Bloomberg. The Benz Highwell shares in…
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In Brazil, sales of metal rolling fell sharplyAfter repeated increase in prices by Brazilian metallurgical companies, sales of metal rolling has sharply reduced in the country. This was reported by the Association of Distributors of Brazil Inda. So in February 2013, the volume of sales of the ferrous metal rolling by members of the above…
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NLMK is admitted as a supplier of steel for the northern streamThe Novolipetsk Metallurgical Plant (NLMK) was checked as a potential supplier of steel blanks intended for the production of large diameter of the Nord Stream Extance or Northern Stream in Russian project. A positive conclusion was issued by the Norwegian Certification Society of Det Norske…
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Steel Factory železara will resume the production of productsŽelezara, Samederevo will launch production at a steel plant for 30 days, in the second half of April. This was announced by the state secretary of the Ministry of Economics and Finance, Alexander Lyubich. According to Mr. Lyubich, the first deliveries of raw materials are expected to swing in a…
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Import steel in the United States in February 2013 decreased by 7% - AISIAccording to the data published by the American Institute of Iron and AISI, in February 2013, the United States imported 2 million 441 thousand steel products out of which 1 million 819 thousand tons of finished metal rolling, which is 7% less than in January. At the same time, the import of metal…
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The Chinese bought 10% of the shares of the largest metal trader DufercoThe Chinese metallurgical company Tangshan Steel, the sales unit of the largest manufacturer steel in the HEBEI Group, bought out 10% of the shares in the Swiss Duferco International Trading Holding, which is the Ukrainian Industrial Union of Donbass (ISD). This was reported in Reuters. The…
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