Metallurgy news
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The export prices of the Chinese hot rolon reached $ 600, the cold -rolled steel - $ 670The price explosion in the domestic market of the Middle Kingdom expanded to export deliveries. In the domestic market of China in Shanghai, cold-rolling steel 1.0 mm is sold 4620-4770 yuan ($ 733-757) per ton, which is 20-50 yuan per ton more than a week ago. “Steel companies raise prices in…
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China kept first place in the world in the consumption of metal rolling in 2012Experts of the analytical agency MEPS calculated that in 2012, Chinese metallurgists produced 706 million tons of finished metal rolling, which is 6.8% more than in 2011. Visible consumption of metal products is stated in MEPS, increased by 5.7% and amounted to 680 million tons. The main source of…
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MK Zaporizhstal plans to spend 830 million UAH on the modernization of production in 2013The Metinvest group, who came to Zaporizhstal last year, intends to invest 830 million UAH in the modernization of the Zaporizhzhya Metco Council, which is two and a half times higher than the amount allocated for these purposes in 2012, the plant’s press center reports. "Among the main large…
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Tata Steel expects an increase in metal rolling sales in the eurozone by 2.5%The managing director of the largest Indian metallurgical company Tata Steel Himant Madhasudan Nerurkar said today that his company expects the next financial year, starting from April 1, 2013, the growth of steel sales and metal production in the European Union by 2.5%. “We expect a modest growth…
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Turkish export of steel pipes grew in 2012 by 16%The Turkish Association of Steel Pipe Manufacturers (CEBID) said today that the total volume of pipe products from this country in 2012 amounted to 1 million 910 thousand tons, increasing by 15.8%compared to 2011. However, income from the sale of steel pipes increased by only 6.4% over a year…
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India limited the import of metal rolling from China after a complaint Tata SteelIndia authorities decided to introduce a restrictive import fee of 20% for some types of Chinese metal rolling, betrayed Bloomberg. The basis for such a measure was the complaint of the largest Indian metallurgical company Tata Steel about a sharp increase in the presence of Chinese products in the…
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Qatar will build a steel plant with a capacity of 10 million tons in AlgeriaAlgeria and Qatar on Monday signed an agreement on the construction of a large metallurgical plant in three hundred kilometers east of the capital of Algeria. As stated in a message in the city of Bella, a metallurgical plant with a capacity of 10 million tons of steel per year will be built. The…
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Chinese Baosteel announced raising prices for metal rolling in FebruaryBaosteel announced today that to compensate for the costs of metallurgical raw materials, it has to raise prices for metal distribution of February 2013. This statement will most likely promote a new round of rise in the cost of steel products in China. Prices are raised to a hot roller of $ 25/ton…
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The Novolipetsk Immacock Rill plans to increase its share in the reinforcing steel market to 23%The Novolipetsk Metallurgical Plant announced an increase in its own share in the Russian reinforcement market to 23% by 2015, according to NLMK. In 2012, the plant managed to capture about 17% of this market. It is planned to increase the presence of varietal rental in the Central Federal District…
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World Cox prices have not yet been rising, but this is only yet ...The world market of metallurgical raw materials today has become the most lively after the next twenty percent, take -off prices for iron ore, caused by some revitalization of the China economy. The perplexity of experts is caused by prices for metallurgical coke, which have remained unchanged…
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