Metallurgy news

• USA on the way to recession The US Department of Finance intends to use all funds to avoid default, even if Congress cannot attract 16.7 trillion. dollars of government (borrowing limit). The bad news is that the United States cannot prevent a recession. Economists Goldman Sachs, IHS and BNP Paribas said they expect tax... 10.10.2013  11:02

• The steel market remains at a dead end after the holidays in China A few days after national holidays in China, the levels of prices for steel remain unchanged, maintaining ambiguity about their further direction. In September, prices remained low, showing a brief rise in July. The factories restored the pace of production last month after some correction in... 10.10.2013  10:37

• Next year, steel consumption in Europe will grow by two percent According to the World Steel Association (WorldSteel) World Metallurgical Association, steel consumption in the European Union in 2014 will grow by 2.1 percent, to 138 million tons. The transition to growth will be facilitated by the general improvement of the economic climate in Europe and an... 10.10.2013  10:16

• Azovstal reduced the production of steel by three percent The Mariupol Metallurgical Plant Azovstal Metinvest group in January - September 2013 reduced the production of steel by 2.8 percent, to 3 million 400 thousand tons compared with APPG -2012. Cast iron smelting decreased by 2.7 percent, to 2 million 960 thousand tons, and the production of metal... 09.10.2013  19:22

• Arselormittal Kryvyi Rih for nine months retained steel production at the level of last year PJSC Arselormital Krivoy Rog in January - September 2013 retained the production of steel at the APPG -2012 level of 4 million 700 thousand tons. Cast iron smelting was reduced by 0.6 percent, to 4 million 140 thousand tons and increased the production of metal rolling by 5.2 percent, to 4 million... 09.10.2013  19:12

• The World Metallurgical Association identified winners in eight nominations On October 9, 2013, in the San Paulo, the World Steel Association Metallurgical Association (WorldSteel), as part of the 47th annual conference of the steel industry, held a awarding ceremony of winners in eight nominations. The winners are named: the Austrian company Voestalpine for the best... 09.10.2013  19:03

• Türkiye reduced the import of iron ore in August According to data published by the Turkish Institute of Statistics, iron ore imports in the country for a month amounted to 628,500 tons. This result indicates a 9 percent fall in annual calculus and a sharp decrease by 20 percent compared to the last month. In August, Brazil was the largest... 09.10.2013  18:16

• Slantsy gas gives impetus to the development of the metallurgical industry of the United States Representatives of the North American steel industry met with the leadership of the consumer and industrial energy alliance. At the highest level, they discussed further prospects for the use of natural gas in the domestic steel industry. Recognizing that some facts about oil testify in her... 09.10.2013  11:03

• In 2014, an excess offer of copper in world markets will reach 600 thousand tons A further increase in the volume of copper production in the world will lead to an increase in surplus next year: from 380 thousand tons in 2013 to 630 thousand tons in 2014. Such a forecast was voiced by analysts of the International Institute of Copper (ICSG) in lisbon at a conference on the... 09.10.2013  10:57

• Sustainability indicators: ten -year achievements of steel industry WorldSteel has published 2013 indicators, which have provided sustainable activities and trends in the industry over the past ten years. Worldsteel General Director Edwin Basson said: “The steel industry has called eight stability indicators in 2003, ensuring the development of the industry in o... 09.10.2013  09:42