Metallurgy news

• The price of steel billets in the CIS has fallen by 10-15 dollars per ton Over the past week, the supply and sale of blanks from most CIS plants decreased in price by $ 10-15 per ton. The increase in scrap stocks from leading manufacturers has led to a decrease in scrap prices of $10-15 in addition to the slow market in the Middle East region. The current supply... 30.01.2014  12:29

• The collapse of the lira forces Turkey's steel mills to go into hibernation The sharp devaluation of the lira against the US dollar is already putting strong pressure on the Turkish long products market. Since mid-December 2013, the national currency has lost about 1,296 units, of which 696 in the past week alone. In this situation, the demand from trading companies and... 30.01.2014  11:28

• ArcelorMittal supplies steel for the eighth Wonder of the world More than 18,000 tons of reinforcing steel produced by ArcelorMittal Annaba in Algeria is currently being used to build the foundation for the 1.2 km viaduct in Constantine, in northeastern Algeria. Thanks to the seven bridges currently connecting Constantine, which is also known as the "city of... 29.01.2014  15:42

• Metinvest has reached a historic high In 2013, the GOKI of Metinvest Severny, Tsentralny and Inguletsky produced 34 million 140 thousand tons of marketable products, demonstrating the highest production figures over the past 7 years. This was reported by the Metinvest press service today. "The highly efficient operation of... 29.01.2014  15:42

• Canadian legislation is aimed at eliminating bureaucratic red tape for businesses Canadian steel producers, distributors, and buyers of imported steel and steel products are no longer required to obtain separate permits to conduct their business. Instead, they use a general import permit, which eliminates the need to issue at least 270,000 permits per year. The new... 29.01.2014  14:42

• POSCO completes second metallurgical plant in Mexico POSCO, the world's largest steel producer, has launched its second automotive steel plant in Mexico. The company hopes to take advantage of the potential of the new facility in meeting the growing automotive industry in the region. POSCO also said that the new plant will serve as a so-called export... 29.01.2014  09:21

• TISCO selects Broner for the metallurgical production activity planning project Broner Metals Solutions, a global provider of integrated production planning and supply process optimization solutions for metallurgical enterprises, announces that Taiyuan Iron and Steel Ltd (TISCO) has selected Broner to plan the efficient operation of new equipment at their No. 1 and No. 2 steel... 28.01.2014  17:57

• Teesside steel strengthens UK production levels The UK Steel Trade Association said the increase in steel production in the country was mainly due to continued growth at SSI steel facilities owned by Teesside steel. Last month, a new production record was set at its Redcar plant in Thailand based on SSI, following major investments aimed at... 28.01.2014  16:59

• Turkish steel exports suffers from the devaluation of the state currency Economic instability has recently been characteristic of Turkey, has led to severe losses in stock markets, which over the past week affected the price of steel prices. While the economy of the United States and the European Union has obvious signs of belated recovery. The US Federal Reserve... 28.01.2014  10:48

• Updated results of the NLMK group for 2013 4 quarter ... 28.01.2014  10:07