Metallurgy news
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Rio Tinto wants to sell inexpensive iron ore assets in CanadaRepresentatives of Rio Tinto announced the sale of their assets in Canada. Owners of the Anglo-Australian mining corporation want 1 billion 700 million dollars for Iron Orada. About this writes The Wall Street Journal. According to the message, Rio Tinto intends to sell it 59% of the shares of the…
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The Zaporizhzhya Zhelezorudny plant will try to hold a meeting of shareholders rely on the results of the year before lastThe shareholders of Zaporizhzhya Zhelezorudny Plant CJSC (ZHRK) plan to re-story a meeting following the results of the enterprise in 2011, due to the fact that on April 26 last year it did not take place due to the lack of a quorum. A new attempt will be made on April 9 this year. On the agenda…
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Chinese metallurgists have little space in the domestic market - Chinese InterfaxExcessive capacities and stagnant demand in the domestic market pushes manufacturers of metal distribution from China to look for new opportunities for sales of products in foreign markets. This is reported by Interfax-China. Chinese analyst Hu Yanpin told the intrafax correspondent that "there was…
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India proposes to introduce 10% of the fee for the export of bauxite from the countryThe Minister of Finance of India, Palaniapan Chidambara, proposed to introduce a ten percent adalor export fee for the export of bauxite from the country. It is reported by Steelguru. The use of the fee, according to the minister, will contribute to the aluminum industry of the state, preventing…
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The German offices of Thyssenkrupp are searchesThyssenkrupp AG confirmed that federal services conducted a number of searches at its headquarters in Duisburg, related to the investigation of monopoly agreements between the suppliers of steel products for the German auto industry. This is stated in the statement by Thyssenkrupp, which assures…
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The Government of Serbia could not persuade the Uralvagonzavod to the purchaseToday, all the deadlines allotted for the sale of the Serbian Metallurgical Plant Zhelezaro Smergedovo have ended. No one dared to buy the flagship of Serbian metallurgy. This was announced by the Minister of Finance and the Economics of the country of Black Dinkich. As you know, at one time…
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Demand for iron ore in China will grow by 5.7% in 2013 - CISAYesterday, at a press conference, Deputy Secretary General of the Chinese Association Lee Shitszyun said that the total Chinese demand for iron ore with iron content at least 62% will reach 1 billion 110 million tons in 2013, which is 5.7% more than last year. Recall that over the past year, China…
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American Ak Steel announced an immediate increase in sheet steel pricesFebruary 27, the largest US metallurgical company AK Steel announced an immediate increase in prices for the entire row of sheet metal distribution by at least 50 dollars per ton. Moreover, price changes entered into force immediately and apply to all new orders received by the company after this…
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Kharkovshchina protests against shale gas productionMore than a thousand inhabitants of the city of Izum yesterday on the central square of the city were protested against the production of Shell shale gas in the Kharkovshchina. To the accompaniment of the rally, the deputies of the Izyumsky district council accepted the appeal to the parliament. In…
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Vale company for the first time in ten years received a quarterly lossAccording to the company itself, in 2012 the net profit of the largest mining company in the world of Vale decreased by 76% compared to 2011 - to 5 billion 511 million dollars. At the same time, in the last quarter of last year, the company received a net loss of $ 672 million. In addition, in…
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