Metallurgy news

• Posco left stainless steel prices unchanged The division of the Special Svyatno -Korean Metallurgical Company Posco - Posco Specialty Steel (Posco SS), announced that the price of stainless metal rolling in October would remain unchanged. Thus, the internal prices for stainless steel in South Korea will remain at the level of July of this... 04.10.2013  09:49

• The basis of the economy of Ukraine, instead of metallurgy, will very soon be agriculture - expert Last year, the production of steel in Ukraine decreased by 6.9 percent to 32 million 900 thousand tons. This year, domestic metallurgy will try to hold last year. The volumes of food export and agricultural products exceeded revenues from the metallurgical sector by one and a half times. Thus, in... 03.10.2013  20:13

• The plan of mass dismissals in early 2014 was ready for Zaporozhye From the New Year, mass dismissals will begin at Zaporozhyal, the newspaper "Comments: Zaporozhye" writes today. The plan for the dismissal of 4 thousand people since January 2014 has already been approved. Several thousand people will be reduced in the framework of large -scale optimization,... 03.10.2013  20:02

• Belarusian universal commodity exchange wants to trade in Russian metal distribution Today in Minsk, the business seminar “The market for the production and consumption of metals in the Republic of Belarus” was launched at which the head of the trade department of the Belarusian universal commodity exchange Yevgeny Bureko convinced the President of the Russian Union of Metal Pro... 03.10.2013  19:16

• South GOK reports an increase in the production of iron ore concentrate and agglomerate According to the press service of the South Mining and Processing Plant OJSC (Yugok, the Dnipropetrovsk region, the city of Krivoy Rog), the September production of an iron ore concentrate here increased by 11.5 percent, and the release of the agglomerate jumped 60 percent, to respectively 952... 03.10.2013  10:40

• Nucor complaint to Severstal is considered The US Department of Trade (DOC) announced on Wednesday October 2 that he received preliminary results of an administrative investigation of Nucor's complaint that the metallurgical company of Russian descent Severstal violated the terms of the exchange agreements in 2012. According to the... 03.10.2013  09:48

• Prices for scrap metal in Asia and the CIS will fall - Meps The difficult market conditions in India and the uncertainty in negotiations on the October supply of scrap metal faces exert pressure on prices. Variable successes of secondary production steel on the continent and attempts to shift the burden of additional expenses for their customers reduced the... 03.10.2013  09:33

• Zaporizhstal continues to increase the production levels of metal products In September 2013, the Metallozhstal Metallurgical Plant Group Metinvest continued to increase its production indicators. This was reported yesterday by the press service of the enterprise. In particular, the production of metal rolling increased by 4.7 percent compared to APPG-2012 and... 03.10.2013  08:32

• Coal displaces natural gas from power plants in the countries of Southeast Asia According to the International Energy Agency (IEA) in the near future, coal will replace natural gas used as fuel with almost all power plants in Southeast Asia, where in the next two decades, electricity consumption should increase by almost half. 10 countries of the Association of Southeast... 02.10.2013  20:26

• Metinvest was allowed to purchase a share in the offshore of the Canadian Black Iron Maternal company Mining and Metallurgical Holding Metinvest B.V. Received permission from the Government of Serbia for the acquisition of 49 percent of the shares of the Cyprus offshore Black Iron (Cyprus) LTD, a subsidiary of the Canadian Black Iron. For $ 20 million, Metinvest will receive... 02.10.2013  15:36