Metallurgy news
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US Steel in 2012 received a net loss of $ 124 million, but will pay dividendsThe US metallurgical company United States Steel reported on losses from production activities in 2012. This was reported by the press service of US Steel. The revenue of US Steel in 2012 fell up to $ 487 million with $ 4 billion 819 million in 2011. The net loss of US Steel last year amounted to $…
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Arselormital does not lose hope for the purchase of the Thyssenkrupp plant in AlabamaArselormital agreed with the Japanese Metallurgical Corporation Sumitomo Metal Corp and Nipponsteel on joint operations to purchase the Thyssenkrupp plant in the United States. It is reported by Bloomberg. As indicated in the message, Arselormital and Nipponistle offered each 1 billion 500 million…
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Posco lost 36% of profit in 2012The largest South Korean metallurgical company Posco reports that its consolidated profit in 2012 fell by 36%- up to $ 2 billion 170 million compared to 2011 amid the weakening of the demand for metal distribution and growth in production costs. Sales in 2012 fell by 7.7%, and Posco operating…
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Almost half of steel in China produced private metallurgical companiesThirty-eight steel-smelter converter units with a total capacity of more than 45 million tons of steel per year were commissioned in the territory of China in 2012. Moreover, the construction of thirty -two of them was completed last year. This was reported by the Metallurgical Association of…
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The Belgian government opposed the plans of Arselormital liegeThe Belgian government announced on Tuesday that it opposed the plans of the metallurgical company Arselormital liege, who assumes Closing part of the production and is going to pay all his attention to the search for the buyer for liquidated workshops. About this writes The Wall Street Jourmal…
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The Brazilian Development Bank may provide CSN loan to buy the American plant Thyssenkrupp AGThe BNDES Brazilian Bank for the acquisition of the Thyssenkrupp plant in Alabam, the United States in the amount of $ 2 billion (about 4 billion rewards). This was reported by Reuters with reference to the Brazilian publication Volar Economico. So far, it remains unclear which way this money will…
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Naftogaz will not pay for Gazprom - FitchThe intention of the Gazprom of Russia to impose penalties on Naftogaz of Ukraine in the amount of $ 7 billion will not be influenced by Credit rating naftogase, because in the near future this score will not be paid. This was reported in Fitch Ratings. Moreover, Gazprom can withdraw an account in…
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Evraz lured the top manager from ArselormitalMichael Shuble was appointed to the position of vice president for labor, industrial safety and ecology of the company Evraz PLC, the press center reports. Prior to work on Evraza, Mr. Shuble worked in the Indian branch of the metallurgical giant Arselormital the head of the labor and pro -imposury…
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In 2012, the general indicators of Severstal worsened due to Russian steelIn 2012, the production of steel on Severstal fell by 1% - up to 15 million 140 thousand tons compared to 2011. Moreover, the production in Russia at Russian steel plants fell by 7% - up to 10 million 534 thousand tons, while in North America it increased by 16% - to 4 million 587 thousand tons…
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Half of the Ukrainian export of metal products in 2012 amounted to slabs and blanksAccording to the Cabinet of Ministers of Ukraine, in 2012, the metallurgical enterprises of Ukraine exported 22 million 439 thousand tons of metal products, which is 7% less than in 2011. Half of this volume was occupied by Metal distribution the lowest redistribution - slabs and blanks. It is…
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