Metallurgy news

• Severstal Distribution has sold 100 thousand tons of rolled metal products in Belarus and Ukraine since the beginning of the year For 9 months of 2015, sales of the Severstal Distribution group of companies (the distribution network of the Severstal Russian Steel division) in the European Union amounted to 422 thousand tons, more than 100 thousand tons of products were shipped to customers from Belarus and Ukraine. This was... 21.10.2015  12:38

• Ukrainian metallurgists insist on the introduction of export duties on scrap metal General Director of Metinvest Group Yuri Ryzhenkov, General Director of ArcelorMittal Kryvyi Rih PJSC Paramzhit Kalon and General Director of Electrostal LLC Matvey Lam sent a letter to the Prime Minister of Ukraine Arseniy Yatsenyuk urging duty on scrap in the amount of 20 euros per ton "to... 21.10.2015  11:51

• ILVA's toxic emissions lawsuit kicks off in Italy An Italian court on Tuesday began considering the case of the ILVA smelter, whose management, along with city officials and politicians, is accused of at least 400 deaths due to toxic waste poisoning. The mega-process brought together about 100 lawyers, 47 defendants and more than a thousand... 21.10.2015  10:41

• Steel production in Ukraine increased by 14.1 percent in September Ukraine dropped out of the top ten world leaders in steel production, moving to 11th place, giving way to the TOP-10 of Italy. Nevertheless, metallurgical enterprises of Ukraine increased their production in September by 14.1 percent to 2.061 million tons, according to the World Steel... 20.10.2015  16:33

• Residents of Mariupol are outraged by the high level of smoke It was hard to breathe on the streets of Mariupol this morning because of the falling smog. The townspeople are of the opinion that the metallurgical plants of the Metinvest group should think about reducing emissions, and not engage in political PR. “How long will the residents of the city b... 20.10.2015  11:49

• Two power poles were blown up near Chongar - activists demand to cut off electricity in Crimea for security reasons On October 20, at night, near Chongar, 2 more electrical pylons of the Melitopol-Dzhankoy line were blown up, which supply electricity to Crimea. Structures were damaged, but did not fall. The explosions occurred as a result of the detonation of mine explosive devices, which mined at least two... 20.10.2015  11:28

• Posco's operating profit increased 0.5 percent South Korean steel company POSCO said its third-quarter operating profit increased 0.5 percent to 638 billion won (approximately $ 566 million). Analysts had expected Posco's profits to fall to 608 billion won. According to the company, it was able to increase profits thanks to the... 20.10.2015  11:00

• More than 5,000 metallurgists lost their jobs in the UK in three weeks The scale of the crisis in the UK metallurgical industry was estimated by the Independent, calculating that 5,100 people have been laid off in the industry since the beginning of the month. At the same time, David Cameron's cabinet has completely withdrawn from the solution of this problem, British... 20.10.2015  10:05

• S&P upgraded Ukraine's credit rating to B- /B The international rating agency S&P has upgraded the rating on long-term and short-term liabilities of Ukraine in foreign currency from SD /D (selective default) to B- /B. The sovereign rating of Ukraine on long-term and short-term liabilities in the national currency was raised from the... 19.10.2015  21:10

• Leaders of 75 steel companies worldwide sign Sustainable Development Charter Worldsteel World Steel Association Worldsteel announced that the Charter for Sustainable Development, developed by it, was signed by the heads of 75 steel companies of the world. The charter includes seven main principles for the sustainability of the steel industry, including: an effective financial... 19.10.2015  18:20