Metallurgy news
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The average daily production of steel in China increased by another 4.4%The Chinese Association (CISA) said today that in the first decade of February this year, the average total daily production volume of steel at large and medium metallurgical enterprises in China increased by 6.1% with respect to the previous decade (from the 21st to January 31) and amounted to 1…
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Metinvest received 454 million dollars of net profit in 2012According to the preliminary report on the financial and operating results of the Metinvest group for 2012, the company's net profit for a year decreased by 76% - to $ 454 million, and consolidated revenue fell by 11% - up to 12 billion 565 million dollars. This was reported by the press service of…
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The Enakievsky Metallurgical Plant last year lost more than 72% of the profitIn 2102, PJSC "Enakievsky Metallurgical Plant" reduced its profit three times compared to 2011. According to the announced of the National Commission on Securities and the Stock Market, the net profit of the plant amounted to 69 million 431 thousand UAH, which is 72.1% less than in 2011. In…
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The production of cast iron in the world grew by 3% in JanuaryAccording to preliminary data published by the World Association, WSA became the world production of cast iron in 38 member countries of this organization in January 2013 compared to December 2012 by 3% to 90 million tons, which is 5.85% more than in January 2012. The largest manufacturer of cast…
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Chinese metal rental began to get cheaper againAfter a rapid rise in prices at the beginning of this week, metal products began to be cheaper in China. A detailed analysis of the current situation opens up some obvious realities that were silent during the rising market trend. The enthusiastic expectation of consumption growth prompted China's…
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Russian steel increased the production of metal rolling by 3.3% in JanuaryIn January 2013, the Russian steel non -profit partnership enterprises increased the production of metal rolling to 4 million 570 thousand tons, which is 3.3% more than in the same period in 2012. This was reported by the press service of the company. In January 2013, the Russian Steel NP…
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Ukraine has nowhere to put the extracted coalSpeaking today at a press conference in Donetsk, the deputy head of the independent trade union of the miners of Ukraine Anatoly Akimochkin said that the coal mining enterprises of the country were not able to sell the coal they had obtained. “Today there are serious problems with the…
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German billionaire Albrecht Knauf wants to become the owner of a blocking package of shares of the largest metal trader in EuropeAs previously reported in the German press, the German billionaire Albrecht Knauf acquired a 7.82% stakes in the largest metal -engineer of Kloeckner, becoming its largest shareholder. As the businessman himself commented on the purchase, the acquisition of securities Kloeckner & Co is a strategic…
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Steel consumption in Latin America increased by 3% for 2012Visible consumption of steel in Latin America and the Caribbean reached 64 million 600 thousand tons last year, which is 3% more than in 2011. Consumption growth was provided by countries such as Chile ( +22%) and Peru ( +18%). The production of metal rolling in the region increased by 2% compared…
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Ukrainian Naftogaz was $ 4 billion by decision of the Stockholm arbitrationThe Stockholm Arbitration Court ordered the Ukrainian gas transmission company Naftogaz to fulfill the terms of the contract with the Italian enterprise Italia Ukraine GAS and transfer 13 billion 100 million cubic meters of natural gas at the prices of 2003, namely 110 dollars for one thousand…
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