Metallurgy news

• Tightening credit policy in China will lead to the closure of a third of all metal traders in the country In the event of a credit crisis that may occur in China today, at least one third of the country's more than 20,000 metal trading companies could go bankrupt. This is stated in the assessment of the prospects for the metallurgical industry of the PRC from the official government news agency... 26.02.2014  10:02

• EMZ of Metinvest Group brought in half a billion hryvnia in 2013 Yenakiyevo Metallurgical Plant (EMZ) of Metinvest Group, according to preliminary data, ended 2013 with a net loss of UAH 496 million 019 thousand. against 69 million 431 thousand UAH. losses in 2012. According to the company's announcement of the annual meeting of shareholders scheduled for March... 25.02.2014  15:45

• Mariupol plant named after Lenin last year received almost UAH 3 billion in losses The Mariupol Metallurgical Plant named after Ilyich of Rinat Akhmetov's Metinvest Group reported record losses received in 2013. According to preliminary data, the amount of the loss reached UAH 2 billion 929 million 911 thousand, which is 5.3 percent higher than in 2012. According to the... 25.02.2014  15:34

• Steel industry is under stress from automakers' switch to aluminum The transition to aluminum is gaining momentum. Automakers are under increasing pressure to meet stringent new fuel economy standards, with the result that use of lightweight aluminum is expected to double by 2025. The carmakers' shift towards aluminum has raised concerns among steelmakers, who... 25.02.2014  12:25

• Moscow supports the implementation of the agreement between the Verkhovna Rada and the President of Ukraine The law on holding the presidential elections in Ukraine on May 25 contradicts the agreement of February 21. This was stated by Russian Foreign Minister Sergei Lavrov following talks with his colleague from Luxembourg Jean Asselborn. The agreement of February 21, signed by the then opposition... 25.02.2014  11:02

• Pavel Globa predicted the collapse of Ukraine into three parts this year The famous Russian astrologer Pavel Globa in 2009 predicted the disintegration of Ukraine into 3 parts in 2014. “Ukraine will fall into three parts. The disintegration will not happen now, but by 2014 there will be two de facto independent administrations in Ukraine, while maintaining the formal ... 25.02.2014  11:01

• Quotes of Ukrainian steelmaking companies are growing rapidly Since Monday, an unprecedented rise in quotations of shares of metallurgical companies in Ukraine has been observed on the stock exchange. Yesterday UFB was forced to suspend trading due to a 15% rise in share prices per session. Experts say that in this way investors are leaving the foreign... 25.02.2014  10:22

• Ministry of Energy accuses residents of Ukraine of debts to Russia As of February 24, Ukraine paid to Russia for the supplied natural gas 1 billion 680 million dollars out of 3 billion 300 million due to the fault of the housing and communal services (HCS). Acting told reporters about this. Minister of Energy and Coal Industry of Ukraine Eduard... 25.02.2014  10:13

• BMZ plans to increase export of oil pipes in 2014 In 2014, the Belarusian Metallurgical Plant (BMZ) intends to increase the export of pipes for the oil and gas industry by 10 percent. In 2013, the company sold over 80 thousand tons of these products. BMZ supplies its oil and gas pipes to 15 customers in seven countries. Last year, the key... 25.02.2014  09:44

• Zaporizhstal reported on environmental protection measures in Zaporozhye On February 21, 2014, during public hearings, Zaporizhstal Iron and Steel Works presented a report on the implementation of the plant's modernization projects included in the Program of Environmental Measures of the city of Zaporozhye. The event was attended by representatives of the... 25.02.2014  08:24