Metallurgy news

• The U.S. Senate accuses Caterpillar of non-payment of $ 2.4 billion. The leaders of Caterpillar Inc., the largest international construction and mining equipment company, will appear before the US Senate. According to investigators, the American corporation spent 85 percent of the profits of foreign missions through a Swiss subsidiary in order to evade taxes in... 01.04.2014  20:00

• Zaporzhstal will spend 12 million hryvnia on the everyday life of its workers MK Zaporizhstal, following the principles of corporate social responsibility of the Metinvest Group, consistently improves the social and living conditions in production for its employees. The budget for these purposes in 2014 is UAH 12 million. The Zaporizhstal Mill is implementing a Program to... 01.04.2014  16:58

• The right sector, under the supervision of the police, left Kiev in an unknown direction The departure of the radicals from the Dnipro Hotel in Kiev was planned in advance, and the shooting was just a small slip - the press service of the Right Sector. April 1, Kiev. The departure of the radical organization "Right Sector" (PS) from the previously occupied Dnepr hotel in the... 01.04.2014  15:16

• Ukrainian issues still hang over EVRAZ The state of peace between Russia and Ukraine remains fragile, and no doubt continually forces EVRAZ, a mining and metals company based in Ukraine, to face its consequences. The annual figures, which EVRAZ plans to release on April 16, have been hit hard according to the preliminary set. More... 01.04.2014  12:00

• International steel scrap market on the rise Over the past two weeks, there has been a flurry of scrap metal purchases from Turkey. This led to an escalation in the price of steel scrap. International bids as a result reached $ 375-380 per tonne CFR with major buyers in Turkey starting active scrap purchases again. Turkish businesses are... 01.04.2014  10:59

• Baosteel president predicts the closure of a large number of steel companies Tightening environmental requirements and lack of credit will lead to the liquidation of a large number of Chinese steel companies. Commenting on the 42 percent drop in profits at China's largest state-owned steel company, President President of Baoshan Iron & Steeel (Baosteel) Dai Zhihao said... 31.03.2014  12:32

• Mexico's steel production grows 5.1 percent - Canacero Steel production in the country was 19 million tonnes in 2013, up 5.1 percent from 2012, according to statistics released by the Mexican Metallurgical Association Canacero. In 2013, production of finished metal products in Mexico decreased by 3.4 percent to 15.71 million tons. Meanwhile, steel... 31.03.2014  10:30

• Ukraine increased export of iron ore by 8.3 percent in 2013 The export of Ukrainian iron ore in 2013 amounted to 37 million 940 thousand tons, which is 8.3 percent more than in 2012. The largest consumer of iron ore from Ukraine was China, which imported 44.8 percent of all exports or 17 million tons. Ukraine also increased the export of iron ore raw... 31.03.2014  10:27

• Kiev warned the EU about the possible termination of the transit of Russian gas through the territory of Ukraine The transit of Russian natural gas to EU countries through Ukraine may be stopped, as warned in a letter by Yuriy Prodan, who was appointed by the Verkhovna Rada as Minister of Energy and Coal Industry of Ukraine. The letter was sent to the European Commissioner for Energy Gunther Oettinger. The... 31.03.2014  09:54

• USA increased steel imports in February In February, steel imports increased 1.4 percent from January this year, according to preliminary data released by the US government. During the first two months of 2014, compared to the same period in 2013, steel imports increased by 25.9 percent. At the end of 2013, steel demand in the United... 31.03.2014  09:17