Metallurgy news

• China Steel Corp expects 2.5 percent sales growth Taiwan steel company China Steel Corp (CSC) said it expects steel product sales to grow 2.5 percent in the second quarter of this year to 3 million 60 thousand tonnes from the previous quarter. Sales of the company in the first quarter were 2 million 910 thousand tons, which is slightly below... 07.03.2014  12:37

• China's war on air pollution will impact steel production Chinese Premier Li Keqiang, speaking at the annual session of the National People's Congress, has declared war on environmental pollution, which will specifically reduce the production of the steel industry. In recognition of public anger over high levels of smog in Beijing and other cities in... 07.03.2014  11:19

• Devaluation of the Ukrainian currency is a boon for the owners of steel plants in Ukraine Ukraine has recently been at the epicenter of the storm due to political and economic instability. It is known that the EU countries froze the assets of the former president due to allegations of corruption. The anger of European and global financial institutions has led to a tightening of lending... 07.03.2014  10:39

• Steel consumption growth in India in the first quarter is almost zero Slow economic growth has been weighed down by low steel consumption in India, which increased by just 0.7 percent in the current fiscal year over the same period last fiscal year. The Joint Committee said the country had consumed 67.253 million tonnes of steel in the current year and said that... 07.03.2014  10:00

• Export steel cargoes freely leave Ukrainian ports Steel exports continue to be quietly dispatched by Ukraine's key global suppliers through Black Sea terminals in ports that maintain normal schedules, despite worldwide concerns about the country's tense political situation. The Ministry of Infrastructure of Ukraine informs that all loading and... 06.03.2014  12:06

• Tough times are approaching for steel mills in Turkey, Ukraine and Russia Scrap steel prices in Turkey, which buys almost 25 million tons a year and determines global trends, continue to slide down for more than a month amid political uncertainty that has led to a severe devaluation of the Turkish lira. According to the latest information, several deals were carried... 06.03.2014  11:43

• National Assembly of People's Deputies opened The annual session of the Chinese Parliament is being held in Beijing, at which MPs discuss their vision of the development of the Chinese economy and metallurgy, in particular, for the next year. The Great Hall of the People's Assembly in Beijing gathered thousands of delegates for the nine-day... 05.03.2014  10:45

• Global stainless steel consumption grew 4.5 percent last year According to the Bureau of International Recycling (BIR) global stainless steels and special alloys market research survey, global stainless steel consumption in 2013 increased by 4.5 percent compared to 2012. At the same time, a similar increase in demand for stainless steel is expected this year.... 05.03.2014  10:20

• Taiwanese steel giant CSC plans to increase production in the second quarter China Steel Corporation (CSC) predicts its second-quarter production will grow about 2.5 percent from the previous quarter, driven by higher orders. Analysts believe the increase in orders is being driven by China Steel's decision to raise its domestic wholesale prices for future contracts. At... 05.03.2014  10:06

• Voestalpine built a new plant in South Africa Voestalpine, an international steel company based in Linz, Austria, continues its internationalization strategy and opens a new pressure metals plant in East London, South Africa. The factory producing high quality automotive components is an important step in a comprehensive globalization strategy... 05.03.2014  09:28