Metallurgy news

• JSW Steel is interested in purchasing STEMCOR HOLDINGS assets in India JSW Steel London Office received proposals for the sale of Indian assets of the British mining corporation STEMCOR HOLDINGS. This is reported today by Bloomberg. For the third in the size of the JSW Steel steel company, the acquisition of assets burdened with STEMCOR debts would be in handy.... 24.07.2013  11:50

• Ak Steel reduced losses eighteen times over the year One of the largest US metallurgical companies AK Steel reported on Tuesday about reducing losses in the second quarter of 2013 compared to last year 18 times, up to 40 million 400 thousand dollars against $ 724 million in APPG-2012. The net sales volume for the second quarter of 2013 in AK... 24.07.2013  09:56

• The head of the NLMK expects an increase in demand for metal rolling The chairman of the board and the president of the Novolipetsk Metallurgical Plant OJSC (NLMK, Russia, Kaluga Region) oleg Bagrin expects an improvement in the demand for metal distribution in the fall of this year. He stated this in an interview with ITAR-TASS correspondent. "Now there have... 24.07.2013  09:49

• The market has become Latin America stable - ALACERO The Latin American Steel Association Alacero announced that the consumption of ready-made steel in Latin America in January-May 2013 amounted to 28 million tons and was preserved at the level of last year. At the same time, the consumption of finished steel products decreased by 1 percent at the... 23.07.2013  18:36

• The Enakievsky Metallurgical Plant worked in the first half of 2013 at a loss In January - June, the Enakievsky Metallurgical Plant (EMZ, Ukraine, Donetsk Region) received 842 million 615 thousand UAH pure loss, which is three times more than in the APPG -2012 (279 million 25 thousand UAH). This is stated in the message of EMZ. In the second quarter of 2013, the company's... 23.07.2013  18:22

• The largest Chinese metallurgical company Baosteel announced the change of general director The second largest Chinese metallurgical company Baoshan & Steel Co Ltd (Baosteel) announced that Mr. Ma Gotsyan resigned from the post of general director and head of the company from July 23, 2013. Instead, give the duties of the Director General Gihao. After the approval of his candidate at... 23.07.2013  18:12

• Hundreds of protesters in the Voronezh region opposed the nickel mine Hundreds of people gathered in the Novokhopersky district of the Voronezh region on Sunday for a new protest. The mass campaign is directed against plans to develop a copper-nickel mine in the region, as well as against the head of the administration. Nickel’s prey in this region is engaged in the U... 23.07.2013  18:01

• The Makeevsky Metallurgical Plant finished the first half of 2013 with a profit of 4 million hryvnias The Makeevsky Metallurgical Plant (MMZ, Ukraine Donetsk Region) in January - June received 4 million UAH of net profit, which is 87.5 percent less than in the APPG -2012. This is stated in the documents of the National Commission on Securities and the Stock Market of... 23.07.2013  17:52

• The losses of the Alchevsk Metallurgical Plant grew five times In January - June 2013, the Alchevsk Metallurgical Plant PJSC (AMK, Ukraine, Luhansk Region) received 662 million 893 thousand UAH pure loss according to international financial reporting standards (IFRS), which is 4.7 times more than in the APPG -2012. This is stated in a half -year report of the... 23.07.2013  17:38

• Nippon Steel and Toyota Motor adopted an agreement on increasing steel by 10 percent According to Nikkei, the largest media corporation in Japan, Nippon Steel & Sumitomo Metal Corp and Toyota Motor Corp agreed to raise prices for a steel sheet by about 10 percent from April to September 2013, inclusive, since the yena drops. An increase in the price of 10,000 yen per ton compared... 23.07.2013  14:35