Metallurgy news

• Iron ore will get cheaper - a special report UBS Iron ore prices will begin to fall already in this quarter due to a seasonal reduction in demand, UBS analysts write. In the future, with an increase in the amount of supply, the cost of iron ore raw materials will continue to decrease. "The risks of a seasonal rollback of production of steel... 16.10.2013  18:06

• Putin plans to organize a railway message with North Korea Last month, Russia completed the study of the area, according to which a 54-kilometer railway line should pass. It is part of the project of President Putin aimed at reuniting the railway systems of two Kores and their binding to the Trans -Siberian Railway. The railway route will turn out to be... 16.10.2013  11:23

• The EU will not cancel the duties on the import of metal fittings from South Korea and Malaysia The European Union announced its intention to again introduce tariffs for metal fittings made in South Korea and Malaysia for another five years. The introduction of these measures may be necessary to protect European manufacturers of this type of product. The EU stated that the amount of duties... 15.10.2013  16:51

• Eraz transfers a factory in the United States on an idle Evraz North America announced the suspension of the steel factory in Kleimont, Delaver, due to low market demand and high volumes of imports. Over the past two months, 375 employees of the enterprise were preparing the plant for a blank transfer. Since Evraz is considering the possibility of... 15.10.2013  10:57

• Rio reached the record production of raw materials, satisfying China's requests Rio Tinto Group (Rio), the second largest in the world, a mining company, reported the record indicators of the third quarter in the extraction of iron ore, coal and copper. The production of iron ore reached 53.4 million tons over the past three months to September inclusive, compared with 52.6... 15.10.2013  09:57

• In the third quarter, Allegheny Technologies's income has decreased significantly Representatives of Allegheny Technologies (ATI) from Pittsburgh, which is a supplier of special metals for Boeing engaged in the production of aircraft for civil aviation, said that in the third quarter, ATI revenues decreased due to the drop in prices and reducing the supply of manufactured... 14.10.2013  21:42

• The production of steel in South Africa is growing According to preliminary data published today by the State Statutes of South Africa, the production of ferrous metallurgy products in this country in September 2013 increased in an annual comparison by 3.5 percent, and compared with August - 2.8 percent. However, the steel price index, taking into... 14.10.2013  11:24

• Riddles of Russian statistics negatively affect the IPO in metallurgy Russian statistics do not accurately reflect the state of affairs in the economy and, in particular in the construction sector of the Russian Federation. This opinion was voiced by the head of the corporate strategy of Severstal OJSC Andrei Laptev. According to him, there is a curious statistical... 14.10.2013  09:39

• Russian green worries about blue-yellow neighbors In Belgorod, a protest of local "green" against the production of shale gas in Ukraine took place. About seven hundred members of Alns of the Green - the People’s Party took part in the manifestation, held on October 13, the REGNUM news agency betrays. Belgorod activists of the environmental m... 14.10.2013  09:29

• Russian metallurgists stop factories Euraz ineffective metallurgical plants will be closed, and production volumes will be covered in the rest, the vice president of the company for large projects Marat Atnashev said in an interview with Prime. The high cost and significantly increased prices of monopolists complicate the life of... 11.10.2013  15:38