Metallurgy news

• Brazilian CSN announced the rise in price of metal rolling by 8% The largest Brazilian metallurgical company CSN (Companhia Siderórgica Nacional) sent information letters to its distributors in which she warned about rising prices for metal rolling from 6 to 8%. It is reported by Steel Orbis. This increase will become the second consecutive from the beginning ... 07.03.2013  08:30

• Kloeckner communicates about the loss and reduction of demand for steel Kloeckner & Co (KKO), a German trader of steel, part of which belongs to the KNAUF family, incurred losses last year as a result of a protracted economic crisis in Europe. The company said today that the net loss in 2012 amounted to 198 million euros ($ 259 million). Profit without paying interest,... 07.03.2013  08:28

• The United States reduced export of cast iron and steel scrap by 11% in 2012 The United States is in a situation of economic uncertainty, and this affects the export of cast iron and steel scrap. The average scrap price and ferrous metal rolling reached $ 309 per ton, which does not go in a cut of the world prices for this type of product. According to the report of the US... 07.03.2013  08:25

• The Chinese market steel gropes the bottom Negative price trends in the domestic market became in China, it seems to be stabilized at their lower point. Prices for metal rubles remain unchanged. In any case, the fall of domestic prices immediately after the celebration of the New Year on the Chinese calendar was a thunder among a clear... 07.03.2013  08:21

• The Egyptian oligarch from metallurgy was sentenced to 37 years for using offshore and market monopolization The Criminal Court of the Egyptian city of Giza passed a harsh sentence to the local metallurgical baron Ahmed Ezzu, sentencing him to a prison for a period of 37 years and reimbursing two billion Egyptian pounds of the damage to the Arab Republic of Egypt. The oligarch was blamed for the... 06.03.2013  20:17

• The Petrovsky plant increased steel production by 23% In the first two months of the current year, the Dnepropetrovsk Metallurgical Plant named after the Petrovsky group Evraz increased the production of steel to 160 thousand tons, which is 23% more than in January - February 2012. This was reported by the Ministry of Economic Development of... 06.03.2013  19:55

• The Enakievsky Metallurgical Plant increased the production of steel by 1% In the first two months of this year, the Enakievsky metallurgical plant of the group Metinvest increased the production of steel to 458 thousand tons, which is 1% more than in January - February 2012. This was reported by the Ministry of Economic Development of Ukraine. In addition, the... 06.03.2013  19:30

• Dzerzhinsky metallurgical plant reduced steel production by 5% In the first two months of this year, the Dnepropetrovsk Metallurgical Plant named after Dzerzhinsky, owned by the modest Russian investors, reduced the production of steel to 511 thousand tons, which is 5% less than in January - February 2012. This was reported by the Ministry of Economic... 06.03.2013  19:23

• The metallurgical plant in Alchevsk increased steel production by 16% In the first two months of this year, the Alchevsk Metallurgical Plant of the IDS group increased the production of steel to 729 thousand tons, which is 16% more than in January - February 2012. This was reported by the Ministry of Economic Development of Ukraine. In addition, the production of... 06.03.2013  19:15

• Mariupolsky Mining Azovstal increased steel production by 2% In the first two months of the current year, the pride of the Metinvest group Metallurgical Plant Azovstal increased the production of steel to 742 thousand tons, which is 2% more than in January - February 2012. This was reported by the Ministry of Economic Development of Ukraine. In addition,... 06.03.2013  19:07