Metallurgy news

• Chinese metallurgists have little space in the domestic market - Chinese Interfax Excessive capacities and stagnant demand in the domestic market pushes manufacturers of metal distribution from China to look for new opportunities for sales of products in foreign markets. This is reported by Interfax-China. Chinese analyst Hu Yanpin told the intrafax correspondent that "there... 01.03.2013  09:01

• India proposes to introduce 10% of the fee for the export of bauxite from the country The Minister of Finance of India, Palaniapan Chidambara, proposed to introduce a ten percent adalor export fee for the export of bauxite from the country. It is reported by Steelguru. The use of the fee, according to the minister, will contribute to the aluminum industry of the state, preventing... 01.03.2013  08:36

• The German offices of Thyssenkrupp are searches Thyssenkrupp AG confirmed that federal services conducted a number of searches at its headquarters in Duisburg, related to the investigation of monopoly agreements between the suppliers of steel products for the German auto industry. This is stated in the statement by Thyssenkrupp, which assures... 01.03.2013  08:23

• The Government of Serbia could not persuade the Uralvagonzavod to the purchase Today, all the deadlines allotted for the sale of the Serbian Metallurgical Plant Zhelezaro Smergedovo have ended. No one dared to buy the flagship of Serbian metallurgy. This was announced by the Minister of Finance and the Economics of the country of Black Dinkich. As you know, at one time... 28.02.2013  15:39

• Demand for iron ore in China will grow by 5.7% in 2013 - CISA Yesterday, at a press conference, Deputy Secretary General of the Chinese Association Lee Shitszyun said that the total Chinese demand for iron ore with iron content at least 62% will reach 1 billion 110 million tons in 2013, which is 5.7% more than last year. Recall that over the past year,... 28.02.2013  12:38

• American Ak Steel announced an immediate increase in sheet steel prices February 27, the largest US metallurgical company AK Steel announced an immediate increase in prices for the entire row of sheet metal distribution by at least 50 dollars per ton. Moreover, price changes entered into force immediately and apply to all new orders received by the company after this... 28.02.2013  12:21

• Kharkovshchina protests against shale gas production More than a thousand inhabitants of the city of Izum yesterday on the central square of the city were protested against the production of Shell shale gas in the Kharkovshchina. To the accompaniment of the rally, the deputies of the Izyumsky district council accepted the appeal to the parliament.... 28.02.2013  11:56

• Vale company for the first time in ten years received a quarterly loss According to the company itself, in 2012 the net profit of the largest mining company in the world of Vale decreased by 76% compared to 2011 - to 5 billion 511 million dollars. At the same time, in the last quarter of last year, the company received a net loss of $ 672 million. In addition, in... 28.02.2013  09:35

• In Asian steel markets, conflicting moods As stated in the report of the Meps analytical agency, the Asian markets have been demonstrating growth since December 2012. The most significant indicator here is China, the internal prices of which have grown without stopping from the middle of January this year before the lull for the period of... 28.02.2013  08:59

• Hurricane did not touch the port of Hedland and today the shipment of iron ore will resolve The hurricane was reduced to the 2nd category of danger and passed by the port of Hedland, the largest transshipment point of iron ore in Australia. Last night, the storm turned east and by 17-00 GMT passed the Australian coast safely. Storm waves are no longer a threat to the Hedland port and... 28.02.2013  08:51