Metallurgy news

• HEBEI STEEL shocking losses in Hebei Province Huge foreign investments invested in Hebei Iron and Steel became the reason for a more thorough verification of investigators after accusing of their misuse by the company and, which caused the resignation of its chairman Wang Yufang. Hundreds of millions of dollars were spent during the Van... 24.12.2013  11:43

• The steel plant Posco Krakatau has been opened in Indonesia The steel integrated Posco Krakatau Integrated Plant was opened in Tsilegon this week. PT Krakatau Posco is a joint venture between the state steel company PT Krakatau Style (KS) and the South Korean giant became Posco. This is the largest investment project in Indonesia with a total investment of... 24.12.2013  07:21

• Usiminas and CSN agreed to increase prices in January USINAS Siderórgicas, the largest flat rental manufacturer in Brazil, is negotiating with domestic distributors, in order to increase prices for slabs, pipes and galvanized products in January. Usiminas refused to publicly confirm any increase in prices. From reliable sources, it is known that ... 23.12.2013  20:26

• Korean metallurgists are concerned about anti -dumping claims in the United States The Korean steel industry is under pressure from a series of anti -dumping claims filed against the main export goods in the North American market. Korean metallurgists could not intimidate such traditional measures to protect trade in the past, but everything can be otherwise this time that the... 23.12.2013  10:35

• Indian iron ore export fell by 43.5 percent The export of the iron ore of India from April to October 2013 amounted to 8.43 million tons against 14.910 million tons for the same period last year, decreasing by 43.5 percent. The total number of iron ore exports over this financial year will probably be in the range of up to 14 million tons,... 23.12.2013  10:10

• Updated global production data for November 2013 The world production of unrefined steel in 65 countries that submitted data from the World Steel Association (WorldSteel) amounted to 127 million tons in November 2013, increasing by 3.6 percent compared to November 2012. The production of steel in China during November 2013 reached 60.9... 22.12.2013  12:48

• Evraz carried out the first supply of innovative rails Evraz ZSMK announced that the rails launched into mass production with hardened heads of the P65 DT-350, at present, have already been shipped by Russian Railways in a volume of 10,000 tons with a length of 25 meters. The new rails released by Evraz are designed for the Gorky, North and October... 21.12.2013  11:55

• Sanctions against Iran seriously influenced German companies According to IMIDRO, the German Association with the Middle and Middle East, one of the oldest and largest associations in Germany, specializing in business relations with the Middle East, is ready to expand its activities in the Iranian mining industry. One of the members of the Association,... 21.12.2013  11:08

• Alexey Mordashov is skeptical of the plans of the Chinese government to close extra metallurgical plants The Director General of the Russian company Severstal Alexei Mordashov, who lost about 1.4 billion dollars of personal condition for this year amid a decline in the steel industry, the world manufacturers believes should agree to restrict the production of steel. "Even a very good annual... 20.12.2013  18:42

• Ukraine reduced the production of steel in November 2013 by 7.8 percent According to the World Association published today, WSA became the world production in November 2013 by another 3.6 percent to 127 million tons. In the eleven months of this year, 3.2 percent were smelted in the world more than in the APPG-2012-1 billion 447 million 740 thousand tons. Raw steel... 20.12.2013  18:28