Metallurgy news

• Japan is preparing for additional costs in connection with the decision of the Indonesia Government to prohibit mineral ore exports Japan, being the world's largest stainless steel manufacturer, is preparing to take a blow to new prices associated with the prohibition of export of unprocessed nickel ores from Indonesia. The world prices for nickel and shares of mining companies are growing after Indonesia declared new rules for... 13.01.2014  11:05

• Baosteel for the second time from the beginning of the year raises metal rolling prices One of the largest manufacturers in China, Baoshan Iron & Steel (Baosteel), announced an increase in selling prices for metal rolling for the second time this year. An increase will affect products with payment in February 2014. Baosteel said this on Monday reports Reuters. The company will... 13.01.2014  11:00

• Fitch sees some improvement in Europe next year The Fitch rating agency expects the modest growth of the European market in 2014 due to stabilization of the situation in the eurozone, improving demand in key sectors of the final use and cost of raw materials and building finishing materials such as... 13.01.2014  09:51

• Kiocl restarts the export of iron ore pellets after 30 months Kiocl limited, which is engaged in the extraction and granulation of iron ore, seeks to resume the export of iron ore pellets to China in the first quarter after a break that lasted almost two and a half years. The Indian company began export of pellets with a party of about 50,000 tons, the... 13.01.2014  09:26

• Thyssenkrupp AG suggest emissions of the metallurgical plant to convert into chemical products In cooperation with partners from the research laboratory and related industry, Thyssenkrupp AG initiates an intersectoral project to introduce technology with an emphasis on the transformation of technological gases from steel production into valuable chemical products. Moreover, electricity for... 12.01.2014  10:01

• In Evraz, they want to dismiss 400 workers due to railway problems in the United States The Canadian press services report that the lack of wagons for the transportation of pipes led to the use of forced measures to dismiss more than 400 workers at the Evraz North America in Redzhin. The notifications of a pipe company came out at the beginning of this week and may enter into force on... 12.01.2014  09:32

• SMS Siemag ups the converter at a steel plant at Salzgitter Flachstahl In Germany, at the Salzgitter Flachstahl GmbH metallurgical plant, which produces flat rental products and metal products in a wide range, an updated converter put by SMS Siemag has been successfully put into operation. This was reported by the press service of the St. Petersburg Plant "Red Dawn.... 11.01.2014  18:47

• Export has become Turkey According to the data published by the Association of Turkish exporters, the exports of steel in Turkey in 2013 amounted to 18.4 million tons, which is 7.3 percent lower compared to the previous year, while the cost of this export decreased by 10.6 percent to 13.9 billion dollars. In 2013, the... 10.01.2014  12:45

• Arselormital continues the legal struggle against violation of the patent for high -strength steel Arcelormittal appealed to the vessels on the violation of her patent to a special type of high-strength steel with aluminum coating with three competing manufacturers from the North-Western Indiana, offering their products of the automotive industry. However, Judge Delaware in December ruled... 10.01.2014  12:09

• KAMAZ chooses BMZ as a supplier of steel for 2014 Belarusian metallurgical OJSC will be one of the suppliers for the Russian KAMAZ company in 2014, as BelTA was told by representatives of the Ministry of Industry of Belarus. The Ministry of Industry notes that in a difficult situation in the Metal market, BMZ in 2013 increased deliveries to... 10.01.2014  11:24