Metallurgy news
-
Polish Stalprodukt found a way to buy a Czech companyStalprodukt's board has received approval from the anti-monopoly authority in Turkey for the planned acquisition of GO Steel Frydek Mistek. Previously, similar solutions, beneficial for the company, were issued by the antimonopoly services in Germany and Austria. Thus, a precedent was reached for…
-
Russian gold producer Polyus raised profit by 7% in 2017Russia's largest gold producer, Polyus, posted a 7 percent increase in 2017 adjusted net income to $ 1.02 billion, the company said on Thursday. The gold producer saw sales growth last year and expects to invest and produce more in 2018 as it aims to ramp up production at its newly established…
-
Asian billet prices rise amid higher buying ratesAsian billet prices rose last week in line with growing buying figures and some of the sellers increased their bid prices. Although, from February 15 to February 21, market activity is considered low ahead of the Lunar New Year holidays in China. Vietnamese factories also suspended operations on…
-
Dneprospetsstal: production results in January 2017In January 2018, PrJSC Electrometallurgical Plant Dneprospetsstal named after A.N. Kuzmin ”delivered 20,591 tons of steel, which is 10.7% less than last month. During the same period, the Company produced 13,818 tons of rolled metal, which is 4.6% less than in December 2017. The total cost of…
-
Russia intends to stop gas production from the Odessa fieldAs a result of Ukraine's lawsuit in the International Arbitration Court in The Hague, Russia intends to stop gas production from the Odessa field Ukraine's claims in the litigation relate to the issue of Russia's economic activity in the Black Sea after the annexation of Crimea. Russia annexed the…
-
Interpipe increased steel production by a quarter in JanuaryThe steelmaking plant Interpipe Steel, which is part of the integrated pipe-and-wheeled company Interpipe from Dnepropetrovsk, increased steel production in January 2018, according to operational data, by 25% compared to the same period in 2017 - up to 75 thousand tons. The enterprise in December…
-
Kazakh-Chinese projects worth billions of dollarsThe Minister of Investment and Development of Kazakhstan Kaziya Kasymbek said on Wednesday in Astana that the investments of China and Kazakhstan in 51 joint industrial projects exceeded $ 27 billion. “This year we plan to launch six Kazakh-Chinese projects worth US $ 363 million. The total number…
-
ArcelorMittal Acquires Weak Producers in IndiaFor some time now, ArcelorMittal has been trying to expand its steel production in India. Chances are it will work - the company wants to take over a local manufacturer that is in trouble. ArcelorMittal India Private Limited, owned by ArcelorMittal, has filed a takeover bid for Essar Steel India…
-
Trump-initiated US steel imports studyTrump issued a presidential memo on April 20 instructing the commercial secretary to conduct an investigation "to determine the impact on the national security of steel imports." The Commerce Department submitted its Section 232 report on steel imports to President Donald Trump in January, but the…
-
In India, steel production and consumption increased by more than 5 percentIndia's finished steel production increased 5.3% to 88.592 million tonnes from April to January of this year (2017-18), while the country's consumption increased 5.4% to 72.497 million tonnes over the same period, as stated in the message of the Ministry of Steel. For 10 months of the 2017-18…
Pages
← previous
next →
