Metallurgy news

• ArcelorMittal Kryvyi Rih shipped the first thousand tons from its service metal center in the village of Volnoe The first thousand tons were shipped in January 2014 from the ArcelorMittal steel warehouse in Ukraine located in the village of Volnoe, Kryvyi Rih region. This site has become the third own metal center of the company opened in our country over the past two years. “The warehouse in the Krivoy R... 07.02.2014  13:07

• Price levels for Black Sea billets fall along with steel scrap CIS billet bids are down $ 5 /t to a touching $ 485-490 /t FOB in just a week on the back of meager purchases from Turkish factories and falling scrap metal prices that have seen a $ 25 /t pullback in two weeks ... Due to the emerging stability of the national currency, Turkish factories are... 07.02.2014  12:10

• Hyundai Improves Sonata with High Strength Steel Hyundai Motor plans to more than double the proportion of high-strength steel used in its vehicles, starting with the new Sonata sedan, which will debut in March, according to Korean industry sources. The revamped Sonata will be the first Hyundai car brand to feature nearly 50 percent... 07.02.2014  11:48

• Senate approves the decree on the state of emergency in connection with the "Ecomafia" The decree, which was approved by the Senate, was submitted to the government in December last year. It aims to tackle the environmental crimes of the so-called "Eco-mafia", including the industrial pollution of the ILVA steel plant in southern Italy. By law, burning garbage without... 07.02.2014  10:27

• Interpipe enters a new stage of its presence in Iraq Following the approval of Interpipe as a supplier for projects of Iraq's largest national company SOC last year, its cooperation with the Ministry of Oil in the Republic of Iraq continues to expand. One of the steps to develop this partnership was the organization of a conference for more than 100... 07.02.2014  09:43

• Local Authorities Delay Granting Expansion Permits for Coal Surface Mining Plans to expand the only open pit coal mine in Leicestershire have received approval from the District Council. This is reported by reachim . The British company Coal Surface Mining has approached the local authorities of Leicestershire to obtain permission to mine coal in the Menorca and Misam... 06.02.2014  16:12

• The dollar exchange rate in Ukraine will reach 11 hryvnia? An analytical review by Capital Economics says that the economically feasible dollar exchange rate in Ukraine should be at the level of 11 hryvnias. Experts substantiate their confidence by the fact that in the third quarter of 2013 the inflow of foreign capital to Ukraine was approximately $ 7... 06.02.2014  15:01

• The European Parliament has determined a plan for the development of European metallurgy The European Parliament adopted with a huge majority the resolution on the EU Action Plan for the Competitiveness and Sustainable Development of the Iron and Steel Industry in Europe, calculated until 2030. Parliamentarians recognize that there must be a real balance between environmental policy... 06.02.2014  14:20

• Siemens modernizes slab production for HKM Huttenwerke Krupp Mannesmann GmbH has commissioned Siemens Metals Technologies to modernize the continuous slab production at its Duisburg Huckingen plant in Germany. The project is designed to improve the quality and expand the range of products, as well as to achieve process stability and safety... 06.02.2014  12:09

• Hyundai cars will become lighter from March Hyundai Motor plans to double its use of light and high-strength steel in its vehicles. According to sources close to the management of the concern, the first car made with more high-strength and light steel will be the new Sonata sedan, which is scheduled for release in March this year. It... 05.02.2014  19:43