Metallurgy news
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The restoration of the Ministry of Industry Policy will help improve the situation in metallurgy - Viktor YanukovychAnswering the question of the Komsomolskaya Pravda correspondent Artem Maslakov about the priority measures to overcome the crisis in Ukrainian metallurgy, President of Ukraine Viktor Yanukovych said that “I decided to restore the Ministry of Industrial Policy. I am sure that this step will help…
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In 2012, Ukrainian metallurgists reduced the production of steel by 7%In 2012, Ukrainian metallurgical plants reduced the production of steel by 6.6% compared to 2011, to 32 million 394 thousand tons, cast iron by 1.3% less - 28 million 513 thousand tons of UGMK.info reported a source in the office of Ministers of Ukraine. In 2012, Ukrainian pipe plants reduced the…
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China steel industry has the greatest hopes for the auto industryAccording to China Daily, China metallurgical enterprises suffer from overproduction pay more and more attention to the enterprises of the automobile market, counting on higher profit. However, the slowdown in economic growth and the uncertainty of the further policy of the country's leadership…
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Rest Commerine Zaporizhstal increased the production of cast iron by more than 5%Zaporizhstal announced the results of production activities in 2012. The production of steel remained almost at the level of 2011, and the production of cast iron increased by more than 5%. The positive dynamics of the volume of steel and metal production was recorded since August 2012, after the…
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The purchase price of steel prices in China fell by 16% - Meps2012 for Chinese metallurgy was difficult in all respects. Reproduction of steel and metal production provoked a drop in prices for finished products in the domestic market of the country. The tightening of credit policy in China entailed a slowdown in demand from the construction corporations of…
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At the Alchevsk Imark Plant, electricity will be generated from the waste of metallurgical productionThe Donbass Industrial Union launches at the Alchevsk Metallurgical Plant a fundamentally new electro -generating station with a capacity of 300 WATT. In January 2013, the first power unit of a gas turbine power plant will be included in the system, Taras Shevchenko, General Director of the…
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The largest South Korean metallurgical company Posco was fined for dishonest competitionFive metallurgical companies in South Korea were fined about $ 300 million for a monopoly pricing conspiracy. Among the fined firms, the largest steel manufacturer of this country is Posco. Posco and its Posco Specialty Steel department presented a fine in the amount of more than 110 million…
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Plants in Asia show signs of revitalization with an ongoing drop in exportsAccording to Reuters agency, the growth of industrial production in Asia is expanding in December amid the rise of the Chinese economy. However, export from Asian countries remains uneven, indicating the prospect of sluggish growth in the absence of fundamental prerequisites. Studies of the…
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Magnitogorsk Impermining Complex announced the increase in prices for FebruaryThe Russian Magnitogorsk Metallurgical Plant informed its partners about the upcoming increase in selling wholesale prices for metal distribution production on February 2013. In particular, the price of cold -rolled steel in rolls is raised by $ 20 per ton and hot steel in rolls of $ 30 per ton…
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Chinese metallurgists lost almost half the profit in the first ten months of 2012According to the statistical data made in the China National Development Committee, the country's steel industry lost 48.3% of gross profit in the first 10 months of 2012, amounting to 113 billion 100 thousand yuan. The main source of losses was the metallurgical sector of industry, where gross…
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