Metallurgy news
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Steel prices in India are gaining growthIn early September 2010, prices for hot-rolled steel rose by 1-1.15 thousand rupees per 1 ton. The price reached 30.5-31.5 thousand rupees per ton. It is assumed that by 2020 the demand for steel in the country will increase to 200 million tons per year. At the moment in India, about 65 million…
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The increase in demand for steel in Russia can be 20%The Russian company "Evraz" declares a gradual increase in internal demand for steel largely thanks to government construction projects. At the same time, the existing level of Russian internal demand for steel is 15 - 20% lower than the pre -crisis level. “There is a potential for the growth of…
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The results of the meeting of shareholders of the Ilyich plantOn September 2, 2010, a meeting of shareholders of the Ilyich plant was held. The meeting decided to increase the authorized fund by 2.255 billion hryvnias. The authorized fund of the enterprise is 12371.26 million shares worth 0.25 hryvnias apiece. It is known that last year the plant did not…
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Futures for a steel workpiece beat all recordsSales of a steel workpiece on fixed -term transactions on the London metals exchange (LME) reached a new record in August - after 2 types of futures were combined. The volume of trading amounted to 24.853 thousand lots, which is equivalent to 1.6 million tons of material, this is stated in the LME…
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Metallurgy of Ukraine is gaining momentumIn January-August 2010, Ukrainian metallurgical enterprises increased production from 40 to 60 percent. Including: The Dnepropospetsstal electrometallurgical plant increased the production of steel compared to the same period last year by 67.3%, up to 249 thousand tons, and finished rental by…
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HTZ reduced the production of pipes by 70%The Khartsyz Pipe Plant, which is part of Metinvest, reduced the production of pipes by about 70% from January to August 2010 compared to the same period last year. If we take comparisons in August of the month of the current year, then the volume of production increased significantly compared to…
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Boyko raised his salary to his workersAccording to order number 266 from August 1 of the current year, wages at the Ilyich plant increase by 15%. This order is introduced to increase social protection and strengthen material interest. The minimum tariff rate of the first category with normal working conditions is set at 935 hryvnias…
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Russia wants to raise prices for reinforcing rentalAccording to Deutsche Bank, the Russian metallurgical companies Evraz Group, NLMK and Mechel raise prices for reinforcement. In September, the cost of reinforcement used in construction will supposedly increase by 10% to $ 800 per ton. For curious: OJSC "Novolipetsk Metallurgical Plant" is one of…
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The export of cast iron from Ukraine is growingAccording to the Cabinet of Ministers, Ukraine over seven months of 2010 compared with the same period in 2009 increased cast iron exports by 11.2%, to 866.3 thousand tons by 345.19 million dollars. Nevertheless, in July this year, compared with June, the export of Ukrainian cast iron decreased by…
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For 7 months of 2010, Ukraine increased the export of metal rolling by 10%According to the Cabinet of Ministers from January to July 2010, Ukrainian metallurgical enterprises increased the export of metal rolling compared to the same period last year by 10%, to 12.318 million tons. Compared to June, in July, the export of metal rolling fell by 7.7%, to 1.920 million…
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