Metallurgy news
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The Mariupol Ilyich Mining Reduced Reduced Metal Procedure in 2012 by 17%The Ilyich Mariupol Metallurgical Plant, according to the Ministry of Economic Development, in 2012 produced 4 million 329 thousand tons of metal rolling, which is 17% less than in 2011. The company’s report says that for the period from 1.01.2011 - 12/31/2012, 5 million 150 thousand tons of steel…
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Ukrainian metallurgists urge their colleagues elected to the Verkhovna Rada to create a specialized lobbyThe Vice-President of the Ukrainian Association of Ukrmet Brony Metallurgy enterprises Sergey Grishchenko announced his intentions to appeal to the Verkhovna Rada deputies who came from the Mining and Metallurgical Sector of Ukraine, with a request to unite in the metal lobby to solve problems in…
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Akhmetov assures that he will not reduce miners in the Luhansk regionDTEK management once again emphasizes that several people who occupied the office of the director of the mine are not employees of the Red Partisan mine. And the statements of mass dismissals of miners are not true. This was stated by DTEK Executive Director Yuri Ryzhenkov, the company's press…
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Arcelor MitTal intends to issue shares and bonds of four billion dollarsArcelor Mittal announced preliminary prices for ordinary shares and convertible bonds (MNCS). The largest metallurgical company plans to help out about $ 4 billion in the primary market before the commission and tax deduction. Arcelor Mittal will sell 104 million ordinary shares for 16.75 US…
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Russia used 99.9% of the quota for the supply of steel pipes to UkraineAs of December 31, 2012, the importers of the metal distribution to Ukraine chose an annual quota for the supply of steel ceremonial and pumping and combustion pipes by 84.52%, the Ministry of Economy of Ukraine reports. The Russian Federation almost fully spent its quota - 99.91%, putting 12…
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High prices for iron ore will soon fall againToday, the basic prices for iron ore reached a 15-month maximum and significantly ahead of forecast levels. Market experts are in a hurry to reconsider these forecasts, but assure that overheating of the market will soon lead to a drop in prices. Deutsche Bank analysts are sure that the basic…
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ILVA MOCCOMNIATE is going to fire 700 peopleAccording to the Italian AGI.it, the metallurgical plant in Taranto requested a subsidy from the government to dismiss 700 employees, or provide them with another job.
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Rio de Janeiro continues the war with Thyssenkrupp AGThe municipal authorities of Rio de Janeiro wrote out the order of Thyssenkrupp AG to stop the production of metal rolling at the Companhia Siderurgica Atlantica (CSA) plant due to the lack of a license to operate. According to the city newspaper of the Brazilian city of Atlantic, the metallurgical…
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Arselor Mittal Krivoy Rog Modernizes his mining and processing plantThe structural unit of Arselor Mittal Krivoy Rog - the Novocryvorozhsky Mining and Processing Plant plans to finish the construction of four new ball mills in 2013. The GOK of the former Krivorozhstali is located on the territory of the Novocryvorozhsky and Valyavkinsky deposits of the Southern…
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Deutsche Bank predicts a drop in non -ferrous metals in 2013Deutsche Bank reduced the Nickel average price forecast by 2013 by 5.3%, to $ 17.75 thousand per ton, and by 2014-by 15%, to $ 17 thousand per ton. The forecast of zinc price for 2013 remained unchanged, but for 2014 it was reduced by 12%, to $ 2.22 thousand per ton. According to Dow Jones…
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