Metallurgy news

• Sail plans to increase iron ore mining to 43 million tons Synchronously with the expansion of steelpet potential, the State Indian company Sail plans to increase the production of iron ore to 43 million tons per year by 2015-16 of the financial year from the existing 28 million tons per year. The largest manufacturer in the country is also the second... 21.11.2013  12:17

• In the USA and Canada, steel shipment is restored In October, the shipment steel in the United States and Canada continues to grow almost at the same pace as in September. Inventory in all positions continues to improve. The activity of service centers of steel in the United States over October 2013 increased by 8.0 percent compared to October... 21.11.2013  11:43

• SKM Rinat Akhmetov hopes to improve its situation in 2014 One of the largest Ukrainian companies JSC Capital Management systems (SCM), which owns the enterprises of metallurgical and mining industries, intends to benefit from favorable trends in the growth of the world economy. This was stated by the head of the Department of Relations with... 20.11.2013  20:40

• Mechel will remove the claim to the Chrysostuzti Metzurvyvod Mechel will "forgive" the goldmaker (ZMZ) 1.2 billion rubles of debt, and the Uralvagonzavod in the person of the Red October plant will become the new owner of the enterprise. Such a statement was made by the Governor of the Chelyabinsk Region Mikhail Yurevich following the results of a working... 20.11.2013  15:14

• The production of steel in 65 countries of WorldSteel participants increased in October by 6.6 percent According to the World Steel Steel Association (WorldSteel) World Metallurgy Association, global production in October 2013 amounted to 134 million 262 thousand tons, which is 6.6 percent higher than in the APPG-2012 and 1.3 percent more than for September. In the first 10 months of this year,... 20.11.2013  12:05

• Thyssenkrupp negotiations on the sale of a plant in Alabama reached the finish line Thyssenkrupp tried for more than a year and a half to find a buyer for her factory in the American state of Alabam and Brazil. These factories lead to losses and undermined the capital of the largest steel company in Germany over the past few years. Thyssenkrupp announced that it is under the... 20.11.2013  11:21

• World prices for copper and gold began to decline A slight drop in prices for non -ferrous and precious metals marked the beginning of this working week. The main reasons for the gradual drop in prices, analysts consider the weak physical demand for metals from India and China. Against the background of the news about the imminent reduction of... 19.11.2013  17:07

• Spot prices for iron ore in China are ready to start moving down Despite the fact that China steel plants replenished the reserves of raw materials during the winter period of any jumps in demand in the market. The slow, but confident increase in the consumption of iron ore raw materials with Chinese companies raised prices to a maximum level of $ 140 per ton.... 19.11.2013  12:53

• Tokyo Steel raised the prices of metal rolling for December 2013 The largest manufacturer steel in Japan, Tokyo Steel announced the revision of its selling prices for December 2013 in Toron of Raising. So the price of long rental will increase in December to $ 30, and for sheet steel - by $ 20. The increase in prices in Tokyo Steel was explained by a... 19.11.2013  12:47

• Lome processing in Germany in 2013 will be reduced by 10 percent German scrap processing enterprises involve a reduction in revolutions by about 10 percent per current calendar year. Compared to 2012, processing volumes decreased by an average of 5 percent, which led to a very cautious investment policy and modest personnel contractions, as the Federation of... 19.11.2013  12:18