Metallurgy news

• In six months, Iran smelted seven million seven hundred forty thousand tons of steel According to Tehrantimes, in the first half of the current Iranian calendar year, which began on March 21, more than 7 million 740 thousand tons of steel produced in Iran, which is 2 percent more than in the APPG-2012. According to the World Metallurgical Association, the World Steel... 06.10.2013  15:45

• Strengthened euro crushing prices in Europe Prices for steel in Europe were under pressure from imported offers due to the sharp increase in the euro against the US dollar. In addition, importers of metal rolling in the EU compete, offering more and lower prices. Last week, Turkish companies traded in Katan and Armature in European... 06.10.2013  14:38

• The level of steel recycling in the United States reached 90 percent The US Steel Recycling Institute has become its 25th anniversary of secondary processing. Today it is a structural unit of the American Institute of Cast iron and became AISI. Particularly pride and most important achievement, employees of the institute believe that according to the results of... 05.10.2013  12:13

• American Severstal will focus on profit, and not on mergers and acquisitions During the telephone conference held on Thursday, recently appointed to the post of Director General of Severstal North America Saikat Day, said his company will focus on improving profits, and not on large acquisitions or other expensive projects. The metallurgical capacities of Severstal in... 05.10.2013  08:48

• Nippon Steel put into operation HDG Plant in Thailand Nippon Steel and Sumitomo Metal Corporation created Nippon Steel & Sumikin Galvanizing (NSGT) in Thailand for the production and sale of a galvanized steel sheet. Since then, in the eastern industrial zone of the province of district in Thailand, the construction of a new plant has been carried... 05.10.2013  08:48

• Vale mining company will pay dividends for $ 4.5 billion The Brazilian company Vale SA, which is one of the world's largest iron ore producer, increased the interest rate on dividends due to the increase in raw materials prices, which led to an increase in demand from Chinese consumers. Also this year, the first 13 percent of the total dividend amount... 04.10.2013  14:15

• Eurofer opens against the unfair policy of LME The European steel industry, in the person of Eurofer, has serious fears about the new rules proposing changes to the LME warehouses (London Metal Exchange) of July 1, 2013. Eurofer believes that the rules for the release of goods from their warehouses LME should be reassessed taking into... 04.10.2013  13:36

• The Ukrainian factory Vadim Warshavsky shipped more than ten thousand tons of square According to the Donetsk Electrometallurgical Plant (DEMZ), recently acquired by the Russian businessman Vadim Varshavsky for 2000 euros from Mechel, the company completely resumed its production activities and, after launching the furnaces on September 23, managed to ship more than 10 thousand... 04.10.2013  10:24

• Tulachermet can fall the victim of the shale revolution in the United States The shale revolution in the United States allows local metallurgical companies to increase the production of steel using the technology of direct restoration of iron DRI, abandoning imported cast iron. Last year, Russian metallurgical enterprises exported in the United States about 4 million... 04.10.2013  09:58

• Posco left stainless steel prices unchanged The division of the Special Svyatno -Korean Metallurgical Company Posco - Posco Specialty Steel (Posco SS), announced that the price of stainless metal rolling in October would remain unchanged. Thus, the internal prices for stainless steel in South Korea will remain at the level of July of this... 04.10.2013  09:49