Metallurgy news

• Ukrainian prime minister outlines problems for the economy Lack of investment, high inflation and complication of economic cooperation with Russia are the main problems for the Ukrainian economy this year, Prime Minister Arseniy Yatsenyuk said here. "Economic forecasts for this year are disappointing given double-digit inflation expectations and... 07.04.2014  10:09

• Pakistan's metallurgy groping in the dark Controversial government policy towards sick Pakistan Steel Mills (PSM) complicates financial and operational problems as production is virtually nil. While the government has not decided whether to privatize or restructure the sector, the gap between domestic steel demand and supply continues to... 07.04.2014  09:19

• Scrap metal market in Italy in the first months of 2014 India, China, Bangladesh, Turkey and Pakistan are among the top five countries using 95 percent of total scrap and ship scrap. India maintains its lead in tonnage and volume units, although some decline is noticeable. Deliveries during 2013, coupled with an outlined decline in activity, kept... 06.04.2014  13:26

• Growing zinc deficiency will drive prices Several large mines closed last year and zinc production at Vedanta Resources' Lisheen mine in Ireland is in decline, and MMG's Century mine is expected to stop in 2015. At the same time, only a handful of new zinc projects remain, fueling production to replace this yield loss. Data compiled by... 06.04.2014  12:37

• India's Tata Steel records record steel production According to the company, in March 2014, Tata Steel recorded a record steel production in the 2013-2014 fiscal year, reaching 9.15 million tons, which is 12.55 percent more than in the previous fiscal year. At the same time, the output of finished rolled products at Tata Steel plants amounted to... 05.04.2014  13:02

• China continued growth in steel production in March According to the data of the China Association of Iron and Steel Industry CISA, metallurgical companies of China smelted 2.096 million tons of steel daily in March against 1.970 million tons in February. The growth in steel production comes against the backdrop of the policies pursued by Prime... 05.04.2014  12:55

• Baosteel changed its mind to raise wire rod price in April China's leading steelmaker Baosteel said it was not ready to raise its wire rod price in April. Thus, the cost of these products will remain unchanged for the 9th month in a row. Despite the outlined revival, the steel market in China remains weak. According to traders, the fact that prices have... 05.04.2014  12:49

• The right sector did not allow the people of Kiev to remove the barricades In the Right Sector, they decided to remove the barricades, and they will allow the people of Kiev to sweep the streets near them. They clarified that today only the Maidan is to be cleaned from debris. Earlier, a subbotnik was announced, in which all political forces participating in the... 05.04.2014  12:31

• Darth Vader filed a lawsuit against the CEC of Ukraine The refusal of the Central Election Commission to register the leader of the Internet Party of Ukraine, Dmitry Golubov, will be appealed in court. Darth Vader, as the leader of the Internet party, has become a very popular character on the political stage of Ukraine, tired of the same people... 05.04.2014  12:24

• Evraz sells subsidiary in the Czech Republic Russia's largest steelmaker Evraz, after a year of efforts, closed a deal to sell its Czech loss-making Vitkovice Steel facility in Ostrava for $ 89 million to a group of private investors to help cut debt amid declining European demand for steel. Evraz announced back in April last year that it... 04.04.2014  12:29