Metallurgy news
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World prices for coking coal are located on the edge of the cliffThe growing third month in a row in a row of metallurgical coke will soon fly down, repeating the fate of iron ore raw materials. If a couple of weeks ago the whole world was excited about multi -billion dollar investments in the infrastructure and construction of China, then the current price…
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Daily production of steel in China exceeded two million tonsDespite the obvious excess of metallurgical capacities, steel production growth in China continues to increase. According to the local Association of ferrous metallurgy, the daily volume of the spilled in China became increased at the end of February 2013 to 2 million 34 thousand tons, which is…
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Brazilian CSN announced the rise in price of metal rolling by 8%The largest Brazilian metallurgical company CSN (Companhia Siderórgica Nacional) sent information letters to its distributors in which she warned about rising prices for metal rolling from 6 to 8%. It is reported by Steel Orbis. This increase will become the second consecutive from the beginning of…
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Kloeckner communicates about the loss and reduction of demand for steelKloeckner & Co (KKO), a German trader of steel, part of which belongs to the KNAUF family, incurred losses last year as a result of a protracted economic crisis in Europe. The company said today that the net loss in 2012 amounted to 198 million euros ($ 259 million). Profit without paying interest…
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The United States reduced export of cast iron and steel scrap by 11% in 2012The United States is in a situation of economic uncertainty, and this affects the export of cast iron and steel scrap. The average scrap price and ferrous metal rolling reached $ 309 per ton, which does not go in a cut of the world prices for this type of product. According to the report of the US…
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The Chinese market steel gropes the bottomNegative price trends in the domestic market became in China, it seems to be stabilized at their lower point. Prices for metal rubles remain unchanged. In any case, the fall of domestic prices immediately after the celebration of the New Year on the Chinese calendar was a thunder among a clear sky…
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The Egyptian oligarch from metallurgy was sentenced to 37 years for using offshore and market monopolizationThe Criminal Court of the Egyptian city of Giza passed a harsh sentence to the local metallurgical baron Ahmed Ezzu, sentencing him to a prison for a period of 37 years and reimbursing two billion Egyptian pounds of the damage to the Arab Republic of Egypt. The oligarch was blamed for the…
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The Petrovsky plant increased steel production by 23%In the first two months of the current year, the Dnepropetrovsk Metallurgical Plant named after the Petrovsky group Evraz increased the production of steel to 160 thousand tons, which is 23% more than in January - February 2012. This was reported by the Ministry of Economic Development of Ukraine…
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The Enakievsky Metallurgical Plant increased the production of steel by 1%In the first two months of this year, the Enakievsky metallurgical plant of the group Metinvest increased the production of steel to 458 thousand tons, which is 1% more than in January - February 2012. This was reported by the Ministry of Economic Development of Ukraine. In addition, the production…
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Dzerzhinsky metallurgical plant reduced steel production by 5%In the first two months of this year, the Dnepropetrovsk Metallurgical Plant named after Dzerzhinsky, owned by the modest Russian investors, reduced the production of steel to 511 thousand tons, which is 5% less than in January - February 2012. This was reported by the Ministry of Economic…
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