Metallurgy news
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The fall in the production of steel in the Metinvest group for the first quarter amounted to 8.7%As you can see from the official report of Metinvest, the metallurgical plants that are part of the group produced 3.296 million tons of steel in the first quarter of 2012, which is 8.7% less than in January-March 2011. According to cast iron, the situation is slightly better, there the fall…
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The Brazilian manufacturer of steel rolling CSN is going to raise the price of a metal supply by 5%At the end of the second quarter of 2012, the Brazilian company CSN plans to raise prices for its products by 5% due to anti -dumping measures taken today. According to Mr. Luis Martinez, the company's sales director, the company conquers a market share of steel rolling and price increases will…
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Plant No. 1 ArcelorMittal Galati starts the production of sheet after three -year downtimeArcelormittal Galati (ArcelorMittal, Romania) in its message indicated that its unit - plant No. 1 launches the production of thick -power steel after more than three years of downtime. It is also planned to increase the rental plan at the plant No. 2 ArcelorMittal Galati. “We are determined to…
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MD groups bought Zaporizhmetal HoldingThe official representative of OJSC Zaporozhstal - MD groups, absorbs the metal trader LLC Zaporizhmetal Holding LLC with the aim of enlargement and consolidation of the implementation of the metal distribution of Ukrainian and foreign manufacturers. According to groups of groups, enlargement will…
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Fitch Ratings predicts a slowdown in the growth of the Ukrainian economyThe international rating agency Fitch Ratings in the article on the analysis of the situation in the banking sector, compiled a disappointing forecast for the Ukrainian economy for 2012. So, according to the agency, the GDP growth in Ukraine this year will slow down to 1.6% against 5.2% in 2011 and…
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Donetskstal is going to increase the release of cast ironAccording to the results of 2011, the well -known Ukrainian manufacturer was released by 0.3 million tons of sheet rental, but due to the closure of the outdated Martenovsky furnace, it is planned to reduce production to less than 0.1 million tons in 2012. Along with this, Donetskstal intends to…
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Electricity export growth in UkraineOver the past period, Ukraine increased electricity exports by 52.6% (by 864.1 million kWh) compared to the same period in 2011-up to 2 billion 507.7 million kWh-hour, the Ministry of Energy and Coal Industry reports. The flow of electricity in the direction of Hungary, Romania and Slovakia…
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The European Union shows interest in the climate of UkraineIn March, Petro Poroshenko argued that the European Union is closely monitored by the conditions of business development in Ukraine and aimed at large -scale agreements in various fields. So during the last meeting in Brussels between the Minister of Economic Development and Trade Petro Poroshenko…
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Lakshmi Mittal calls on European politicians to resume the program of supporting the European manufacturerBuy European! Such an appeal for consumers and political figures of the EU was announced the other day by the head of the world's largest steel company Arcelormittal Lakshmi Mittal. According to the FINANCIAL Times, Mr. Miltal considers it necessary to resume the “buy European” industrial program…
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Metinvest increases his profitThe largest mining and metallurgical group Metinvest in 2011 increased a net profit of 4.2 times compared to the last year - $ 473 million. Uda $ 1.854 billion, according to the holding financial indicators. Metinvest is a vertically integrated mining group of companies, which controls assets at…
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