Metallurgy news

• Chinese steel imports to Latin America rise 54 percent According to statistics from the Latin American Steel Association (ALACERO), imports of steel products from China increased significantly during the first eight months of 2014. Steel imports to Latin America from China totaled 5.4 million tonnes between January and August this year, up 54... 19.10.2014  14:38

• Sibgazstroydetal expands its product line Sibgazstroydetal plant has started production of tees, elbows and other fittings from stainless steel. The products are intended primarily for the oil and chemical industries, nuclear and thermal power engineering. The maximum diameter of the products is 7 meters. The enterprise will produce up to... 18.10.2014  16:42

• MMC Norilsk Nickel sells another foreign asset MMC Norilsk Nickel and BCL Limited on October 18 in Johannesburg signed an agreement on the sale of Norilsk Nickel's African assets in Botswana and South Africa. The amount will amount to $ 337 million. MMC Norilsk Nickel is selling to BCL Limited 50 percent of Nkomati Nickel and ChromeMine in... 18.10.2014  16:38

• Tata Steel makes progress in selling its steel business in Europe Tata Steel has been negotiating and discussing the possible sale of its steel business and distribution network operations in Europe for a long time with the Swiss investment bank Klesch Group. Tata Steel bought the Corus group for about $ 12.040 million, successfully placing a bid with the CSN... 17.10.2014  11:34

• Anti-dumping research in Europe - Baosteel The president of the state-owned steel company Baosteel, China's largest, said during the Europe-China Forum Hamburg that anti-dumping research in Europe against Chinese exports is unfair and unfounded. In addition, he clarified that the reason for the decline in prices for export goods from... 17.10.2014  09:57

• Turkey's Steel Pipe Exports Increase 11 Percent Data released by the Turkish Steel Pipe Manufacturers Association (CEBID) shows that exports of Turkish steel pipes increased significantly during September this year. This was reported in http://uchm.ru/. Exports of pipes in September 2014 amounted to 183,160 tons, which is 10.8 percent higher... 17.10.2014  09:27

• Nothing will affect copper mining for KGHM Neither the copper price nor the tax increase will affect the development of a copper mine in Chile, said Herbert Wirth, chief executive of KGHM. A new copper mine for copper giant KGHM has been inaugurated in Chile. During the opening ceremony of the Sierra Gord mine (Sierra Gord), the company... 16.10.2014  10:07

• Exports of scrap from the EU area increased by 5 percent in the first half of 2014 Scrap metal exports from the EU-27 increased in the first six months of this year, according to the latest trade statistics. Exports of scrap from the region amounted to 8.55 million tons in January-June this year. As reported on http://pkpenzvtor.ru/, the growth was 5.1 percent compared to... 16.10.2014  09:33

• Profit growth is expected in the metallurgical industry The situation on the steel market in the spring and summer of this year has improved significantly. The volume of sales has grown and the companies have made good profits. Experts note that this happened due to the fact that the ruble fell in price, supplies to Ukraine decreased, and demand... 16.10.2014  00:03

• ArcelorMittal Kryvyi Rih steel production fell in the first 9 months According to the company, ArcelorMittal Kryvyi Rih, a subsidiary of steel giant ArcelorMittal in Ukraine, announces that its crude steel production was 4,710,000 tons between January and September, down 1 percent year on year. During this period, the production of finished rolled products of the... 15.10.2014  11:42