Metallurgy news

• The situation with the shares of the swordsmen is normalized On Friday, the Bank of Russia resumed from November 18, 2013 the use of bonds of OJSC Mechel as security in liquidity provision operations. The securities of the leading Russian mining and metallurgical company will be accepted as collateral obligations with a coefficient of 0.7. From Monday... 16.11.2013  10:45

• Latin American production falls due to the growth of Chinese imports According to Benjamin Baptist, the President of Alacero, the production of steel in Latin America continues to decline in 2013 for the second year in a row, against the backdrop of the growth of cheap imports from China. According to the data presented by Alacero, the regional government should... 16.11.2013  10:19

• US metallurgists in September 2013 reduced the production of steel by 5.6 percent According to the American Institute of Choon and Steel (AISI), in September 2013, the US metallurgical enterprises melted 7 million 879 thousand 747 tons, which is 5.6 percent less compared to 8 million 343 thousand tons of the received steel industry a month earlier. However, the September volumes... 16.11.2013  10:04

• Sale of the Marigold mine. Barrick Gold and GoldCorp refrain from commenting Canadian gold mining corporations Barrick Gold and GoldCorp hired Montreal Bank to sell their largest Marigold gold mine in the United States. The control package of shares (67%) of Marigold mines belongs to the giant GoldCorp, which owns gold mining enterprises in the USA and around the world.... 16.11.2013  09:33

• Wisco received huge state subsidies for the implementation of the project to dispose of waste vehicles Approximately 1.2 million US dollars was allocated by the Chinese government of one of the largest state steel companies in Wuhan Iron & Steel Corp (Wisco) for the implementation of a pilot project to utilize cars. Financial subsidies were obtained as part of the Government Program of the PRC to... 15.11.2013  18:43

• Turkish metallurgists raised prices for cold -roll steel by 10 - 20 dollars per ton The price of cold -rolled steel in rolls increased in Turkey over the past week by 10 to 20 US dollars per ton. About this today writes the London publication Metalbulletin. The price of the CRC cold -rolled roll in the domestic market exceeded $ 700, reaching a ton of $ 710 per ton in some... 15.11.2013  18:35

• Ukrainian iron ore exports grew by 9 percent For the period from January to October of the current year in Ukraine, iron ore exports increased by 9 percent and in annual calculus and amounted to 32 million 100 thousand tons, according to the Ukrainian Association of the Metallurgprom metal manufacturer. The export of iron ore raw materials... 15.11.2013  15:51

• Revenue from export of ferrous metallurgy products of Ukraine in September fell by six percent In September 2013, the metallurgical enterprises of Ukraine reduced the revenue from the export of ferrous metallurgy products by 6.2 percent compared to APPG-2012 to 1 billion 425 million US dollars. This is stated in the message of the State Statistics Service of Ukraine. At the same time,... 15.11.2013  15:22

• The head of the largest steel company South Korea Posco resigned The General Director of the largest metallurgical company of South Korea Posco, Chun Jun Yang, filed a retirement, saying that the company needed to update management. This is reported today by Bloomberg. The new director must cope with "difficult conditions for doing business against the... 15.11.2013  12:32

• Industrial production in China grew stronger in October than expected -reets According to the data published by the National Bureau of China statistics, industrial production in this country in October 2013 increased by 10.3 percent compared to the APPG-2012. At the same time, retail sales increased by 13.3 percent, and investments in fixed assets, which are the most... 15.11.2013  09:41