Metallurgy news

• The production of steel at the Magnitogorsk Metallurgical Plant increased in the first quarter by 3.6 percent According to the press service of the Magnitogorsk Metallurgical Plant OJSC (MMK OJSC), the production of steel at the enterprise in the first quarter of 2013 amounted to 3 million 75 thousand tons, which is 3.6 percent more than in the fourth quarter of 2012 and 10 percent less than in the same... 07.06.2013  10:32

• The Magnitogorsk Iron Rest in the first quarter of 2013 increased profit by 36 percent In the first quarter of 2013, the profit of Magnitogorsk Metallurgical Plant OJSC (OJSC MMK) amounted to $ 19 million, which is 35.7 percent higher than in the first quarter of 2012. This was reported by the press center of the plant. The consolidated revenue of the MMK in January-March... 07.06.2013  10:15

• The European steel industry will destroy itself if it does not close unnecessary power - Eurofer European steel companies run the risk of destroying the metallurgical industry of the region if they do not close the plants, trying to reduce excess capacity and stop the drop in steel prices, the Eurofer’s metallurgical association said, Bloomberg reports. "There is a huge danger to the entire ... 06.06.2013  21:01

• ulya is falling in Ukraine According to the Ministry of Energy and Coal Industry of Ukraine in May 2013, domestic miners mined 5 million 835 thousand 900 tons of coal, which is 12.6 percent less than in the previous month. In an annual comparison with May 2012, coal mining in Ukraine decreased by 18.7 percent or 1 million... 06.06.2013  13:19

• Thyssenkrupp goes to Asia The largest metallurgical company of Germany THYSSENKRUpp opens new production in Asia and, in particular in China, considering this region the most dynamically developing economy. The planned investments in the construction of five new enterprises in China will amount to about $ 400 million this... 06.06.2013  13:04

• In South Korea, the largest domain furnace in the world began work The largest steel company of South Korea Posco announced the launch of a domain furnace No. 1 of the Metallurgical Plant in the city of Kwanyan. The modernization of metallurgical capacities carried out this year made it possible to increase the volume of blasties from 3950 to 6000 cubic meters.... 06.06.2013  12:12

• In the Kiev Economic Court, the case of eight years ago on privatization of crooked -roads was resumed The Kiev Economic Court began consideration of the claim "Investment and Metallurgical Union" (IC) to the State Property Fund of Ukraine demanding to recognize illegal and cancel order No. 289 of the State Property Fund of February 15, 2005. About this writes Forbes.ua The ICS statement filed... 06.06.2013  11:52

• Today, the Ukrainian Cabinet of Ministers will sign the most absurd, corruption and wrecking document for the whole of 2013 Today it is expected to sign a memorandum between the Government of Ukraine and the enterprises of the Mining and Metallurgical Complex, called the publication "Economic Pravda" by the most corruption document for 2013. The new government document, Ukrainian metallurgical companies will ask not... 05.06.2013  12:03

• Production indicators of Ukrainian station wiring plants for January - May 2013 Azovstal metallurgical plant (Mariupol, Donetsk Region), which is part of the Metinvest group, in January -May 2013 reduced the production of general rental, according to operational data, by 3.1 percent compared to the same period of 2012 - to 1 million 769 thousand tons, the production of steel... 05.06.2013  11:52

• Japanese steel corporation Nippon Steel & Sumitomo will raise prices by 20 percent According to the Reuters news agency, the executive vice-president of Nippon Steel & Sumitomo Metal Corp (NSSMC), Mr. Signa Higuchi, said at least 20 percent of the summer, Mr. Sinya Higuchi. According to Hichuga, he is sure that most of the NSSMC customers will easily accept the increase in... 05.06.2013  10:54