Metallurgy news

• Fitch Ratings confirmed the rating of Severstal with a stable forecast Today, Fitch Ratings confirmed the long -term rating of the issuer default (RDE) OJSC Severstal at the BB level with a “stable” forecast. This is stated in the report of the rating agency. Confirmation of the ratings followed the implementation of industry analysis, as a result of which NLMK rat... 26.07.2013  14:59

• In the first half of the year, the Mariupolnutsky Ilyich Mamonetry received about a billion hryvnia loss In January - June 2013, PJSC Mariupol Metallurgical Plant named after Ilyich (MMK named after Ilyich, Ukraine, Donetsk region) received a net loss according to international financial statements (IFRS) in the amount of 937 million 177 thousand UAH, which is 44.6 percent less than in the APPG -2012.... 26.07.2013  14:44

• Cooperation of banks in Europe and Russia will ensure the stability of deposits Over the past decades, the Banking Sector of Russia has shown its maturity, and the ability to work in the conditions of the global economic crisis, improving the level of work with clients. This contributed to the interest of European colleagues in cooperation with Russian banks. That is why... 26.07.2013  12:39

• Fitch Ratings revised the forecast for the rating of NLMK from stable to negative The Fitch Ratings International rating agency revised the forecast for the long -term rating of the issuer default (RDE) OJSC Novolipetsk Metallurgical Plant (NLMK) from the "stable" to "Negative". The agency reported this in a press release published yesterday. In addition, Fitch Ratings... 25.07.2013  12:53

• Global production of cast iron increased by three percent, Ukraine reached seventh place In June 2013, the production of cast iron around the world increased by an average of 2.86 percent compared to the last month and amounted to 96 million 63 thousand tons. This is reported today by the World Cast iron manufacturers and became World Steel Association (WorldSteel). The top-ten... 25.07.2013  12:44

• Posco lost 36 percent of profit due to weakening demand for steel in China The largest South Korean steel company Posco reported on the losses of 36 percent of profit in the second quarter of 2013 due to weakening demand from Chinese consumers. However, these figures are higher than the consensus of the forecast of analysts, which suggested even more gloomy... 25.07.2013  12:21

• Türkiye raised prices for a hot rolon As stated in the message by Yieh.com, Turkish hot rolons will continue to grow in price. After the rolon price increased by $ 10 over the past week, Turkish metallurgical companies intend to increase the price of another $ 10 raising prices from 550 to 570 dollars in just two weeks. The main... 25.07.2013  12:12

• Visible total consumption of steel in Saudi Arabia will grow in three years by 12 percent Over the past couple of years, the construction boom has made Saudi Arabia one of the most attractive places for sellers of metal rolling. Significant growth in steel consumption and the largest construction services market in the Persian Gulf region with multi -billion dollar projects in the state... 25.07.2013  11:59

• Pure losses in the first half of 2013 amounted to a billion with a hryvnia tail In January - June 2013, the Azovstal Metallurgical Plant PJSC (Ukraine, Donetsk region) of the Metinvest group received 1 billion 22 million 95 thousand UAH pure loss according to international financial reporting standards (IFRS), which is 18 percent less than in the APPG -2012. This can be seen... 24.07.2013  15:47

• Türkiye demands to exclude it from the list of countries against which an anti -dumping investigation is opened today in the United States today Manufacturers of steel pipes in Turkey will be required to exclude those suspects in the dumping in the US market. This is written today by the Turkish edition of Zaman. As you know today in the United States, an official investigation of the unscrupulous import of steel pipes for the oil and... 24.07.2013  13:42