Metallurgy news

• Dmitry Medvedev hinted at a possible termination of gas supplies to Ukraine At a meeting between Russian Prime Minister Dmitry Medvedev and Gazprom head Alexei Miller, the issue of Ukraine's debt for consumed gas was raised, which, according to Gazprom, has exceeded $ 2.2 billion by now. “Our Ukrainian partners must find the necessary finances and pay off their debts, s... 03.04.2014  14:40

• Chinese metallurgists are in a difficult situation: expert China's steel industry has been in its toughest conditions for two decades, amid falling prices, weak demand and overcapacity, leading to mergers and acquisitions. Li Xingchuang, head of the China Metals Industry Planning and Research Institute, said that "In the first months of 2014, China's... 03.04.2014  11:08

• Tata Steel works with a research organization to create new steel coatings Tata Steel has formed a strategic partnership with renowned UK research organization EPSRC to develop a range of innovations, including graphene steel coatings and next-generation sensors that can operate in extreme conditions. The study will include the study of the coating ability of steel... 03.04.2014  09:37

• ArcelorMittal unions in Kazakhstan are fighting for 13 wages The ZHAKTAU Metallurgical Union has prepared a lawsuit in connection with the refusal of the board of ArcelorMittal Timertau to pay the thirteenth salary in 2013. The trade union committee of the industrial union said that the negotiation process yielded zero results. ArcelorMittal Timertau... 03.04.2014  09:07

• Iron ore on track to recover price after expected rise in steel demand Iron ore climbed to its highest level in seven months, replacing its quarterly decline. The rise came on speculation that China could speed up construction projects and take action to combat a slowdown in economic growth from the world's largest iron ore buyer. Benchmark trades iron ore for... 02.04.2014  12:06

• EU environmental project could force steelmakers to move to countries with less stringent requirements The European Steel Association EUROFER explains that the project of the Environmental Commission could undermine their competitiveness. Gordon Moffat, head of EUROFER, and Bart Samine, deputy general secretary of IndustriALL Europe, asked José Manuel Barroso to develop measures to prevent potential ... 02.04.2014  11:02

• In March 2014, Ukraine increased steel production by 11 percent According to the statistics of the Metallurgprom business association, Ukraine produced 2 million 640 thousand tons of steel in March 2014, which is 11 percent more than in February and 8.1 percent less than in March 2013. Pig iron production for the month increased by 13.7 percent to 2 million 502... 02.04.2014  09:52

• Zaporizhstal in March 2014 increased production of steel and rolled metal In March 2014, 284.1 thousand tons of pig iron, 334.8 thousand tons of steel, 289.6 thousand tons of rolled products were produced. From January to March In 2014, MK Zaporizhstal increased the production of pig iron by 1.1%, steel - by 0.9%, rolled products - by 4.5% compared to the same... 02.04.2014  09:23

• The U.S. Senate accuses Caterpillar of non-payment of $ 2.4 billion. The leaders of Caterpillar Inc., the largest international construction and mining equipment company, will appear before the US Senate. According to investigators, the American corporation spent 85 percent of the profits of foreign missions through a Swiss subsidiary in order to evade taxes in... 01.04.2014  20:00

• Zaporzhstal will spend 12 million hryvnia on the everyday life of its workers MK Zaporizhstal, following the principles of corporate social responsibility of the Metinvest Group, consistently improves the social and living conditions in production for its employees. The budget for these purposes in 2014 is UAH 12 million. The Zaporizhstal Mill is implementing a Program to... 01.04.2014  16:58