Metallurgy news

• The economy of South Korea is growing at the fastest pace in two years The metallurgical industry and the economy of South Korea in the first quarter have increased the most in the last two years, since the government has withstand the pressure of the yen course, from the opponents in Japan. Korea Bank said that the internal gross product has acquired 0.9 percent... 28.04.2013  21:51

• Entering new mining capacities in Australia will cause a drop in iron ore prices - Vale Vale Brazilian mining company expects the introduction of new production capacities in the second quarter of 2013 in Australia will exert significant pressure on the price of iron ore. However, the head of the iron ore division, Jose Carlos Martins, emphasized that Vale does not allow in his... 28.04.2013  21:50

• Universal Stainess announced preliminary results for the first quarter Universal Stainess & Allloy Products, Inc announced that, according to preliminary results, it is expected that sales for the first quarter of 2013 will amount to $ 49 million. Operational income and net profits promise to be breaking. The company plans to publish the final results of the first... 28.04.2013  21:49

• Azerbaijan will pay special attention to the development of the country's metallurgical industry On Tuesday, April 23, 2013, the President of Azerbaijan Ilsam Aliyam the manager to establish the state closed joint -stock company Azerbaijani Steel Production Complex. In accordance with the Decree of Aliyev, the new CJSC will be a metallurgical enterprise of the full cycle - from the extraction... 27.04.2013  22:48

• Iran will launch the largest coke -chemical plant in the Middle East Iran is preparing to launch the largest coke -chemical plant in the Middle East with an annual performance of 900,000 tons in the central city of Isfahan. The new object for the production of coke isfahan's mobarakeh Steel Mill has already joined. The opening ceremony of the plant took place on... 27.04.2013  22:09

• Japanese metallurgists are negotiating export prices Japanese integrated manufacturers became faced with a dead end situation in negotiations on the export of a galvanized sheet to Asian countries, mainly China, for shipment in June. Local clients took a wait -and -see position. It is believed that they responded to weakening prices in Asia for... 26.04.2013  16:32

• Baosteel expects a profit in 2013 The largest metallurgical company in China Baoshan & Steel Co states that its profit this year will grow even better than in 2012 due to the intensified demand for metal from automakers, railway workers and energy. “We are sure that our operating profit this year will be better than in the p... 26.04.2013  13:34

• Thyssenkrupp AG plans to sell its American metallurgical plants in May The largest steel company of Germany Thyssenkrupp narrowed the circle of buyers on its American and Brazilian metallurgical assets. According to the intelligence of the Bloomberg news agency, the Brazilian company CIA. Siderurgica Nacional SA (CSN) without waiting for the end of the agreement with... 26.04.2013  13:32

• Gerui China announced an increase in international clients Gerui Advanced Materials Group limited, a leading manufacturer of cold -rolled steel in China, announced that he had achieved sustainable progress in the field of marketing at the international level. Three clients regularly place commercial orders into a high -class steel strip. Since... 25.04.2013  23:28

• Mittal invests 5 million euros in a German company Mr. Lakshmi Mittal, a steel tycoon of Indian origin, invested 5 million euros in the maternal German company Etailer Zalando. Mittal, reported, became one of the several investors of the Bigfoot missile and space, the Motherland company Zalando. The main investors include: Kurt Rudolf Schwartz,... 25.04.2013  22:28