Metallurgy news

• UK manufacturers may cut tens of thousands of jobs in 2016 The mill's manufacturing industry is slated to cut tens of thousands of jobs in 2016, despite forecasts for growth in the sector, the UK's Engineering Federation of Employers (EEF) said. The industry expects modest growth next year after the recession in 2015, but that will not stop businesses... 29.12.2015  12:39

• World steel prices fell in December Global steel prices remain under pressure due to sluggish global demand and high inventories. In North America, steel prices continued to weaken throughout December amid lackluster domestic demand, while a strong US dollar discouraged exports. Shoppers are postponing purchases that may resume... 29.12.2015  12:01

• EU policy in Ukraine poses a threat to the world The Association Agreement between Ukraine and the EU ignores the geopolitical situation in Ukraine and its ties with Russia. This agreement is more than just a trade agreement. The agreement is a global political dynamite, experts say. Crisis-ridden Ukraine is unlikely to benefit from this... 29.12.2015  11:30

• Stainless steel price plummeted in 2015 The past year has been another challenging period for stainless steel producers, distributors and traders in all regions of the world. In the "Stainless Steel Survey," MEPs report that consumption has not been raised to any significant value, while the price of metal has plummeted due to a decrease... 28.12.2015  20:21

• German finance minister calls for EU army German Finance Minister Wolfgang Schaeuble expects to increase spending on military operations of European states, the goal of which is a united EU army. This became necessary due to the refugee crisis. “We will have to spend a lot more money on common European defense initiatives. Ultimately, o... 27.12.2015  12:23

• Russia and India will form a strategic partnership Russia and India are planning to further advance the "strategic partnership". Relations between the countries must be strengthened at the political and economic levels, Russian President Vladimir Putin said at a meeting with Indian Prime Minister Narendra Modi in Moscow. During the meeting, new... 27.12.2015  11:50

• Metinvest offers lenders LPN loan restructuring Metinvest BV (Netherlands), the parent company of the international vertically integrated mining and metallurgical group Metinvest, is offering holders of its $ 1.125 billion LPN to impose a moratorium on any payments on securities until May 27, 2016. On the Irish Stock Exchange (ISE), the Group... 25.12.2015  14:57

• ArcelorMittal University in Kryvyi Rih hosted training under the British Council program - Active Citizens From 19 to 22 December 2015, ArcelorMittal University in Kryvyi Rih hosted training sessions under the British Council's Active Citizens program. Following such cities of Ukraine as Kiev, Odessa, Lviv, Ivano-Frankovsk, Sumy, Chernigov and Vinnitsa, about 30 people became participants in the... 25.12.2015  14:12

• Fiscal Service of Ukraine made Zaporizhstal a Christmas present According to the press service of the Zaporizhstal metallurgical plant of Rinat Akhmetov's Metinvest Group, the State Fiscal Service has fully returned the overdue debt on value added tax reimbursement to the plant in the amount of UAH 1 billion 14 million. "To date, there is no overdue VAT debt... 25.12.2015  13:52

• The ten largest steel producers in the world in November 2015 According to the latest statistics published by the World Association of Steel Producers, the output of crude steel in 66 countries of the world that submitted data to the Association amounted to 126.826 million tons in November this year. Monthly output was down 4.1 percent from November last... 24.12.2015  15:05