Metallurgy news

• Iron ore prices fell to the lowest level in six months Prices for iron ore, one of the world of the most effective industrial goods, fell to the lowest level in six months, as Chinese buyers retreated from the market due to growing reserves. Reducing prices is good news for consumers such as Asian manufacturers of steel, but this challenges mining... 21.01.2014  11:18

• In South Korea, an underwater tunnel connecting metallurgical objects will be built Gwangyang SteelWorks and the Yeosu industrial complex will begin to build an underwater tunnel for transporting by -products of production. The ceremony of signing the project for the implementation of the project took place at a meeting in Seoul organized by the Ministry of Industry and Resources.... 21.01.2014  10:32

• In Nigeria, gold and iron will begin production In the near future, four foreign companies will be able to start the extraction of gold and iron ore in the territory of several states of Nigeria. This was announced last Sunday by Mohammad Amate, holding the post of general director of the cadastral administration of Nigeria. In an interview... 20.01.2014  12:06

• BMZ in 2014 will modernize production In 2013, BMZ invested 2.2 trillion Belarusian rubles (BYR) in modernization and updating of production capacities. Recently, a ceremony of commissioning a modernized furnace and a complex of equipment for dust -up and circulation of gas was carried out. In accordance with the BMZ development... 20.01.2014  11:03

• Posco launches the first power plant on industrial gas in Southeast Asia Posco officially opened a 200 megavatt power plant as part of the Tsilegon metallurgical complex, Banten. The plant, built and controlled by PT Krakatau Posco Energy, uses the ejected gas, which is a by -product of the production process of an integrated steel plant, which officially began its work... 20.01.2014  10:13

• Demz still belongs to the Russian swordsman The deal between Mechel and Vadim Varshavsky for the sale of the Donetsk electrometallurgical plant remained not closed. This is written today by the publication "Kommersant" with reference to its own sources. As reported, in August 2013, Mechel announced the sale of a Donetsk asset to the... 20.01.2014  08:48

• China activates the fight against pollutants of steel New Wuan Iron and Steel Group, the largest private steel company Habei Province in China, should reduce its capacity to 8 million tons by 2017. The reduction of more than 50 percent of its products in 2013 indicates major changes in the country's steel industry. New Wuan was born in the... 19.01.2014  18:03

• Coal mining in China will grow in 2014 by 2.7 percent The Chinese National Coal Association predicts that the production of coal in the PRC until the end of 2014 will increase by 2.7 percent to 3 billion 800 million tons. At the same time, the demand for it will continue to increase, despite China announced by the Chinese government to reduce harmful... 19.01.2014  17:32

• We did not refuse to buy Dunaferr - a representative of the Hungarian Government The Hungarian government does not intend to abandon plans to acquire a metallurgical plant of the Ukrainian Corporation ISD ISD DunAferr, although the factory management made it clear that the company was not sold. About this today writes the Hungarian Internet publication Portfolio.hu. The... 19.01.2014  17:13

• In 2013, Ukraine reduced the production of a steel pipe by 17 percent The production of steel pipes in Ukraine in 2013 decreased by 17.3 percent to 1 million 813 thousand tons. Such data are given by the State Statistics Service of the country. According to published data, in December 2013, the production of a steel pipe (including profile) compared with the previous... 18.01.2014  17:37