Metallurgy news

• Eurofer opens against the unfair policy of LME The European steel industry, in the person of Eurofer, has serious fears about the new rules proposing changes to the LME warehouses (London Metal Exchange) of July 1, 2013. Eurofer believes that the rules for the release of goods from their warehouses LME should be reassessed taking into... 04.10.2013  13:36

• The Ukrainian factory Vadim Warshavsky shipped more than ten thousand tons of square According to the Donetsk Electrometallurgical Plant (DEMZ), recently acquired by the Russian businessman Vadim Varshavsky for 2000 euros from Mechel, the company completely resumed its production activities and, after launching the furnaces on September 23, managed to ship more than 10 thousand... 04.10.2013  10:24

• Tulachermet can fall the victim of the shale revolution in the United States The shale revolution in the United States allows local metallurgical companies to increase the production of steel using the technology of direct restoration of iron DRI, abandoning imported cast iron. Last year, Russian metallurgical enterprises exported in the United States about 4 million... 04.10.2013  09:58

• 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