Metallurgy news

• Mitsubishi Heavy Industries merges its three companies The three companies of the MHI Group, specializing in the manufacture of mechanical systems, electronic controllers, steel pressure pipes, steel structures and other industrial equipment, are joining their business. The new company, which plans to provide a comprehensive approach to operations... 10.03.2014  15:51

• The work of the National Bank in Crimea is blocked by the authorities of the autonomy - Yatsenyuk The Prime Minister of Ukraine Arseniy Yatsenyuk announced the disruption of treasury services and the work of the National Bank in Crimea. “The so-called occupying Crimean authorities announced their intention to switch to the ruble zone and actually cut off the service of both the Treasury and t... 10.03.2014  15:23

• Viktor Yanukovych will address the Ukrainian people on Tuesday On Tuesday, Viktor Yanukovych will deliver an address to the people of Ukraine in Rostov-on-Don. This was reported by RIA Novosti with reference to the entourage of the Ukrainian president. Time and place will be announced later. Earlier, Yanukovych announced that he was forced to leave... 10.03.2014  11:34

• Tata Steel joins forces with JCB Landpower to build the tractor of the future The Northeast Steel Company is helping to release the latest version of the famous agricultural vehicle. Tata Steel has teamed up with JCB Landpower to create the most productive new generation of tractors. Using innovative design and engineering techniques by Tata Steel at its Skinningrove... 10.03.2014  10:34

• India's metallurgy investments to exceed $ 30 billion in 6 years - Tata Steel Low steel consumption per capita will be the main factor behind the growth of investments in the Indian steel industry. This is stated in a new survey of the Indian domestic market from the largest steel producer Tata Steel. India's steel sector will receive more than $ 30 billion in investment... 09.03.2014  11:58

• External administration introduced at the French steel company Ascometal Ascometal, one of the largest steel producers in France, is on the verge of bankruptcy, threatening the loss of 2,000 jobs. Last Friday, according to the decision of the commercial court of Paris, the external management procedure was introduced at Ascometal. The French company has been hit by a... 08.03.2014  12:57

• Baosteel will not be able to raise steel prices in April due to weak demand According to expert forecasts, China's leading metallurgical company Baosteel will not be able to raise prices for metal products in April due to persistently weak market demand. In addition, over the past three weeks, the market price of heavy plate in China has dropped by $ 30 per... 08.03.2014  11:29

• Russian metallurgical plants have raised prices for rolled metal On March 7, the TMK and UMMC plants joined the reports on the increase in prices for metal products previously received from Severstal, NLMK and MMK. The Pipe Metallurgical Company (TMK) has increased prices by 5-10 percent depending on the type of rolled metal, and the base enterprise of the... 08.03.2014  11:27

• Ukraine failed to pay gas debt - Miller On March 7, Gazprom did not receive payment for the natural gas supplied to Naftogaz in February. Thus, the total debt for natural gas supplied to Ukraine increased to $ 1.89 billion, Chairman of the Board of Gazprom OJSC Alexey Miller told reporters. “Today, March 7, was the deadline for p... 07.03.2014  15:33

• Steel exports from Japan fall for the fifth month in a row According to operational data from the Japan Iron & Steel Federation (JISF), Japanese exports of the most common types of metal products fell to 3.3 million tons in January 2014. Thus, the export of steel from Japan has been falling for five months in a row. The main reason for the decline in... 07.03.2014  12:42