Metallurgy news
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Viktor Yanukovych will address the Ukrainian people on Tuesday On Tuesday, Viktor Yanukovych will deliver an address to the people of Ukraine in Rostov-on-Don. This was reported by RIA Novosti with reference to the entourage of the Ukrainian president. Time and place will be announced later. Earlier, Yanukovych announced that he was forced to leave...
10.03.2014 11:34
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Tata Steel joins forces with JCB Landpower to build the tractor of the future The Northeast Steel Company is helping to release the latest version of the famous agricultural vehicle. Tata Steel has teamed up with JCB Landpower to create the most productive new generation of tractors. Using innovative design and engineering techniques by Tata Steel at its Skinningrove...
10.03.2014 10:34
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India's metallurgy investments to exceed $ 30 billion in 6 years - Tata Steel Low steel consumption per capita will be the main factor behind the growth of investments in the Indian steel industry. This is stated in a new survey of the Indian domestic market from the largest steel producer Tata Steel. India's steel sector will receive more than $ 30 billion in investment...
09.03.2014 11:58
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External administration introduced at the French steel company Ascometal Ascometal, one of the largest steel producers in France, is on the verge of bankruptcy, threatening the loss of 2,000 jobs. Last Friday, according to the decision of the commercial court of Paris, the external management procedure was introduced at Ascometal. The French company has been hit by a...
08.03.2014 12:57
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Baosteel will not be able to raise steel prices in April due to weak demand According to expert forecasts, China's leading metallurgical company Baosteel will not be able to raise prices for metal products in April due to persistently weak market demand. In addition, over the past three weeks, the market price of heavy plate in China has dropped by $ 30 per...
08.03.2014 11:29
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Russian metallurgical plants have raised prices for rolled metal On March 7, the TMK and UMMC plants joined the reports on the increase in prices for metal products previously received from Severstal, NLMK and MMK. The Pipe Metallurgical Company (TMK) has increased prices by 5-10 percent depending on the type of rolled metal, and the base enterprise of the...
08.03.2014 11:27
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Ukraine failed to pay gas debt - Miller On March 7, Gazprom did not receive payment for the natural gas supplied to Naftogaz in February. Thus, the total debt for natural gas supplied to Ukraine increased to $ 1.89 billion, Chairman of the Board of Gazprom OJSC Alexey Miller told reporters. “Today, March 7, was the deadline for p...
07.03.2014 15:33
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Steel exports from Japan fall for the fifth month in a row According to operational data from the Japan Iron & Steel Federation (JISF), Japanese exports of the most common types of metal products fell to 3.3 million tons in January 2014. Thus, the export of steel from Japan has been falling for five months in a row. The main reason for the decline in...
07.03.2014 12:42
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China Steel Corp expects 2.5 percent sales growth Taiwan steel company China Steel Corp (CSC) said it expects steel product sales to grow 2.5 percent in the second quarter of this year to 3 million 60 thousand tonnes from the previous quarter. Sales of the company in the first quarter were 2 million 910 thousand tons, which is slightly below...
07.03.2014 12:37
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China's war on air pollution will impact steel production Chinese Premier Li Keqiang, speaking at the annual session of the National People's Congress, has declared war on environmental pollution, which will specifically reduce the production of the steel industry. In recognition of public anger over high levels of smog in Beijing and other cities in...
07.03.2014 11:19
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