Metallurgy news

• Today in Crimea, the ruble has become the official currency Since Monday, the only official currency in Crimea has been the ruble, according to the Bank of Crimea. This means that scholarships, pensions and salaries for government employees will be paid in rubles. The hryvnia will remain in circulation until January 1, 2016. All calculations will be... 23.03.2014  23:11

• In Belgium, Industeel will renew its continuous casting line ArcelorMittal recently approved a € 18 million investment to modernize the continuous casting line at its Industeel plant in Charleroi, Belgium, including new stars for drive chains of lifting equipment. The new line will allow Industeel to produce slabs up to 355 mm thick and up to 2.2 meters l... 23.03.2014  11:14

• Metinvest to supply large-diameter pipes to Iraq Metinvest Group received permission to supply large diameter pipes for oil and gas pipelines in Iraq. The Iraqi Oil Ministry has included the Metinvest Group on its list of certified suppliers of large diameter pipes made from domestically manufactured tube plates. Such pipes are often upgraded... 23.03.2014  10:25

• Shah Deniz II and South Caucasus continue construction of gas pipeline The Shah Deniz Consortium and the South Caucasus Pipeline have been awarded a contract to manage projects for the construction and development of the Shah Deniz field (Stage 2), as well as the expansion of the South Caucasus gas pipeline. The joint venture between Bechtel International Inc and... 22.03.2014  17:16

• EU aluminum industry calls for protection Companies for the production and utilization of aluminum in Europe called on the Council of Europe to take measures to protect industries, including the automotive industry, the main car models of which and spare parts for them are presented here , which suffer the most from global... 22.03.2014  16:19

• Zaporizhstal signed a new collective agreement for 2014 On March 21, at the conference of the labor collective of JSC Zaporizhstal, the Collective Agreement between the administration of the metallurgical plant and the labor collective for 2014 was adopted. On the part of the employer, the document was signed by Rostislav Shurma, General Director of... 21.03.2014  19:29

• Metallurgical Forum to be held in Kazakhstan The Fifth Anniversary International Congress "Astana Mining & Metallurgy" (AMM 2014) will be held in Astana on June 12-13, the Ministry of Industry and New Technologies of Kazakhstan reported. The main theme of the congress is "Modernization of the mining and metallurgical complex as a key... 21.03.2014  11:16

• Tata Steel Europe benefits from the confrontation between Ukraine and Russia Shares of Tata Steel posted gains on Thursday after the highest gain of 4.6 percent a day earlier. Tata Steel rallied Wednesday on expectations that a geopolitical standoff between Russia and Ukraine would benefit the Indian steelmaker. Global investment bank Citi says the current diplomatic... 21.03.2014  10:40

• Wuhan Steel will spend $ 5 billion to build a steel plant in Indonesia The Metals Corporation of China plans to invest up to $ 5 billion this year to build an integrated plant in Indonesia. The firm has carried out a feasibility study for the project and is currently evaluating a site for installation prior to the plant. MC Hidayat, China's Industry Minister, said... 21.03.2014  09:41

• Chinese steel corporation will not have to pay countervailing duty in the US The US Department of Commerce (DOC) ruling favored China Steel Group, the largest steel producer in Taiwan, with regard to electrical steel imports. In a statement released by DOC, the government assigned a marginal subsidy rate of less than 1 percent to the China Steel group and its subsidiaries.... 20.03.2014  11:57