Metallurgy news

• Egyptian Ezz Steel's income jumped three times The largest manufacturer became Egypt by Ezz Steel announced on Wednesday the growth of half -month profit by 269 percent, up to 302 million Egyptian pounds or 43 million 800 thousand dollars. Pure revenue from metal rolling sales increased to 11 billion 140 million pounds. In the second... 24.10.2013  12:23

• The production of reinforcement in China set a new historical record According to data published by the National Statistics Bureau (NBS), the volumes of reinforcing steel in this country in September 2013 exceeded 18 million 300 thousand tons, which is 1.67 percent more. than the previous month and corresponds to a new historical record. Over the three of those... 24.10.2013  12:16

• World production steel will grow in 2013 by 3.1 percent - Meps According to the forecast of the British Analytical Agency MEPS, the world steel industry will increase the production of steel in 2013 by 3.1 percent, to 1 billion 600 million tons. The reduction of steel smelting in various regions of our planet will be more than compensated by growing production... 24.10.2013  11:16

• Rautarurukki does not expect to grow demand for steel in Europe over the next few years Speaking today at a briefing at Helsinki, the general director of the largest Finnish metallurgical group Rautarukki Sakari Taminen said that his company does not expect a significant rise in demand from European consumers for steel over the next few years. Commenting on the record profit made... 23.10.2013  16:52

• In the Urals, they called the situation in the local metallurgical industry with a crisis Participants in the meeting of the Presidential President of the Russian Federation in the Urals of Igor Kholmansky with the leaders of metallurgical and machine -building companies of the region demanded from the Russian government immediate protectionist measures. The reason for the statements of... 23.10.2013  14:49

• Now in offshores you can leave no more than five percent of the revenue from trading with a metal rolling According to the resolution of the Cabinet of Ministers of Ukraine, number 749 of October 2, 2013, when selling metal rolling, a deviation of 5 percent with trading with related persons is allowed. This resolution is designed to solve the problems of transfer pricing. In addition, the five... 23.10.2013  13:04

• Tata Steel expands the presence in Africa The largest metallurgical company of the Tata Steel India expands its mining capacities in the cat-ivoire (ivory coast). The general director of the local branch of Tata Steel Mukash Ranzhan said that "the company plans to extract about 20 million tons of iron ore in Bonglo's career located five... 23.10.2013  13:00

• China Steel completed the construction of the plant in Vietnam The opening ceremony of the cold -rolled production line of the joint venture of the China Steel Sumikin Vietnam Joint Stock Co (CSVC) took place. The annual volume of steel production on CSVC will be 1.2 million tons. CSVC is a joint venture created by the Chinese Steel Corporation and its... 23.10.2013  10:33

• South Korean metallurgists thought about reducing export prices for hot -rolled rolls Currently, the largest Korean Metallurgical companies Posco and Hyundai Steel are considering reducing the export price for hot -rolled steel in the roll (HRC) to $ 560 per ton on FOB. In the case of a positive decision, the new price will become 20 dollars lower than today. Recall that China... 22.10.2013  16:06

• The stream of Asian stainless steel poured into Europe The number of stainless steel of Chinese production in the European market in the first half of 2013 increased one and a half times, reaching 89 thousand tons. This was reported by the Association "Special Boil". The volume of austenitic steels from the rest of the Asian countries increased by a... 22.10.2013  15:56