Metallurgy news

• Steel production by direct restoration of iron is rapidly increasing - WSA World steel production using the technology of direct iron restoration (DRI 1 ) continues to grow rapidly. According to the World Steel Association (WSA), the number of DRIs received in August 2013 increased by 13 percent compared to APPG-2012 and amounted to 5 million 190 thousand tons. In... 24.09.2013  09:12

• In the steel market of Northern Europe, a revival is observed - Meps Participants in the steel market in Northern Europe report a higher than usual purchasing activity. The flat metal market was opened after a summer lull with a slight increase in prices for carbon steel. This is stated in the report on steel prices in Northern Europe, prepared by the British... 23.09.2013  16:08

• Indonesia authorities will reduce the number of marine terminals for loading export coal The Indonesia Government may limit the permissible number of terminals for loading export coal. These measures can be introduced in order to carry out more thorough control of supply and increase in income. “Currently, coal can be exported from any place where the unloading and loading of raw m... 23.09.2013  15:16

• The Indian State Metallurgical Company Rinl will increase steel production by two and a half times in a year and a half The Indian State Metallurgical Company Rashtriya Ispat Nigam limited (Rinl) plans to reach a new production capacity of 7 million 300 thousand tons per year over the next 18 to 20 months. About this in special edition reports Economic Times. Currently, Rinl melts about 3 million tons of steel... 23.09.2013  12:27

• Posco and China Steel will build a new skill in China with a capacity of 3 million tons The largest South Korean metallurgical company Posco has agreed to create a joint venture with one of the largest Chinese manufacturers of China Steel for the construction of a new metallurgical plant in the Chinese province of 3 million tons of steel a year. Posco managers explain their... 23.09.2013  11:07

• The world production of cast iron in August 2013 decreased by 0.3 percent In August of this year, the universal production of cast iron amounted to 97 million 700 thousand tons, demonstrating a slight fall by 0.3 percent with respect to the previous month and an increase of 6.65 percent to the APPG-2012. This is evidenced by the World Steel Associations (WorldStweel... 23.09.2013  10:55

• Thyssenkrupp denied the next duck that undermines his financial reputation According to Reuters, the largest metallurgical company of Germany Thyssenkrupp has denied the information that will be published in the tomorrow release of the printed German Focus publication. The article prepared for printing states that Thyssenkrupp, fighting billions of euros of losses and... 22.09.2013  18:36

• NSSMC launched a joint object in Mexico in October 2010, Nippon Steel and Sumitomo Metal Corporation and Ternium SA have reached an agreement on the creation of a joint venture of Tenigal for the production and sale of automobile galvanized steel sheets. This week, the opening ceremony of the Tenigal production area was held,... 20.09.2013  15:59

• World production steel increased in August by another 5.2 percent - WSA According to the World Steel Association (WorldSteel) World Metallurgical Association, in August 2013, global production of raw steel amounted to 130 million tons, which is 5.2 percent higher than in the APPG-2012, but 1.1 percent lower than in the previous month. China in August smelted 66... 20.09.2013  15:47

• Evrare sold Vysokogorsky GOK NPPO Ural acquires a new iron ore asset. The company of Vladislav Shacillo will become the owner of a high-horn mining and processing plant. One of the Sverdlovsk Evraz Group assets, located near Nizhny Tagil, will be sold to HPR Ural for $ 20 million. According to the EVRAZ press service, the... 20.09.2013  15:47