Metallurgy news

• Russia will give Ukraine two billion dollars if it first gives it three The Russian official named the condition that Ukraine must fulfill in order to receive the next tranche of the fraternal loan. According to the head of the Ministry of Economic Development Anton Siluanov, Kiev must first transfer $ 3.3 billion to Russia for the used natural gas, and only then think... 08.02.2014  16:43

• Mariupol plant named after Ilyich struggles with the waste of metal rolling In 2013, the Mariupol Metallurgical Plant named after Vladimir Ilyich Lenin (Ilyich Steel Works), which is part of the Metinvest group of the Ukrainian oligarch Rinat Akhmetov, worked hard to improve the technology for the production of steel and rolled products, as well as strengthened quality... 08.02.2014  14:22

• Turkish rebar exports lost 3.8 percent in 2013 According to the latest data released by the Turkish Statistical Institute (TUIK), the export of reinforcing steel from the country in 2013 decreased significantly. According to TUIK, Turkey exported 8 million 280 thousand tons of rebar last year, which is 2.8 percent less than in 2012. The... 08.02.2014  10:56

• Nickel price rises following demand for stainless steel Last Thursday, the price of nickel on the London Metal Exchange (LME) began to rise again. The reason for this was information about a possible increase in demand for steel, due to which the demand for nickel may also start to grow. In particular, in a message from the MEPS company, published on... 07.02.2014  14:32

• 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