Metallurgy news

• 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

• Rio Tinto expects a drop in iron ore prices in 2014 According to the company, the Rio Tinto Group, the second in terms of extraction, the iron ore manufacturer in the world, expects a drop in prices and an increase in the physical volume of supply of metallurgical raw materials next year. Rio Tinto revenues from the sale of iron ore raw... 20.12.2013  18:28

• Severstal conducted a comprehensive maintenance of the converter at the Cherepovets plant The Cherepovets Metallurgical Plant announced the completion of maintenance as part of the overhaul of its converter number 2. The total volume of the project investment amounted to 650 million rubles, including the replacement of the converter housing and the installation of emissions. This is the... 20.12.2013  10:59

• The USA Majestic Steel announces the acquisition of Flatrolled Steel assets The Majestic Steel, the leading and service center of the US Steel, announced the completion of the Flatrolled Steel business and assets transaction, which will work in Houston/Dallas based on a common business called Majestic Steel. will allow the Majestic Steel to expand its business in the... 20.12.2013  09:54

• The CEO of Rio Tinto sees a decrease in iron ore price in 2014 Rio Tinto Group expects the next year to reduce iron ore prices, the source of most of its income, since global reserves will increase. Sam Walsh, the company's general director said that "I expect the prices for iron ore raw materials to soften a little next year, but they will still contribute to... 19.12.2013  10:08

• Reducing prices for reinforcement and workpieces affects the purchases of scrap metal It seems that winter has frozen the scrap transaction this year. Traditionally, winter was a period of brisk trafficking in scrap, which subsequently led to a rise in price level due to the lack of and inventory of the accumulation of Turkish factories before the winter holidays in Europe, the USA... 19.12.2013  09:19

• Russia will remove the restriction on the import of Ukrainian steel pipes and stop the anti -dumping investigation against Ukrainian reinforcement Speaking today at a briefing in the building of the Cabinet of Ministers of Ukraine, Minister of Industrial Policy Mikhail Korolenko told reporters about a number of agreements reached during the visit of the President of Ukraine Viktor Yanukovych to Moscow. In particular, restrictions on the... 18.12.2013  16:34

• Contractors on Tata Steel Scactorp have stopped working due to a dispute on wages Scunthorpe Telegraph reported that 50 contractors hired by Tata Steel began to work in the scantorp on December 17 at 6 am in order to increase wages. Members of the UCATT construction union said that if the requirements are not satisfied tomorrow until 10 pm, they plan to repeat the action on... 18.12.2013  09:29