Metallurgy news

• Tata Steel invests 800 thousand GBP in a dust system at the Wales factory The Indian steel giant Tata Steel decided to invest 800 thousand GBP in a new complex of treatment equipment in order to curb black dust emissions released during the production process at its factory in Wales. Over the past month, the Wales natural resources agency issued the owners of the... 26.08.2013  12:18

• NSSMC displays super -strength wheels for external markets for trains The low demand for wheels for trains in Japan forces its only wheel manufacturer, Nippon Steel and Sumitomo Metal Corporation, and turn their eyes to foreign markets. A company producing wheels for consumers of all types of railways in Japan, including Sinkansen Sincans Super -Speed ​​Passenger Exp... 25.08.2013  13:23

• Iran increases iron ore export to China Recently, Iran has been striving to increase the exports of iron ore and products to China and India, trying to replace at least a small part of the mass revenues that were lost due to sanctions regarding the sale of oil. Although Iranian oil exports have been reduced by half over the past few... 25.08.2013  12:16

• The growth of the activity index in the field of services gives hope for the upsurge of the EUROZONA economy In the Eurozone, the business activity index in the service sector was expanded in August for the first time in nineteen months. This suggests that the economy of seventeen nations of the European currency bloc, led by Germany, emerged from a record long -term recession. Markit Economics said that... 24.08.2013  13:06

• Putin promised to fight Chinese imports Russian President Vladimir Putin promised to support the appeal of a pipe metallurgical company (TMK) to the Customs Union for an anti -dumping investigation against Chinese metallurgists. It is reported by ITAR-TASS. Speaking at a meeting on the commercial and economic development of the Rostov... 24.08.2013  12:30

• Baoshan net profit fell by 61 percent in the first half of 2013 The net profit of the largest metallurgical company in China Baoshan Iron & Steel decreased in the first half of 2013 by 61 percent and amounted to 3 billion 700 million yuan or 604 million 500 thousand dollars. This is stated in the company's report for investors of the Shanghai Stock Exchange.... 24.08.2013  12:13

• Brazil revised the Forecast for the production of steel in 2013 The Aço Brasil Institute revised its forecast for the production of steel in Brazil for 2013 due to the weak growth of local demand. The steel smelting is expected here at the level of 34 million 500 thousand tons, a slightly more level of 2012. In 2013, Brazilian steel exports will be reduced ... 24.08.2013  12:01

• Türkiye considers the investigation on the import of steel pipes politically motivated Turkish exporters said that the newly begun investigation that Turkish manufacturers of steel pipes sold them at extremely low prices in the United States is unfair and ignores a similar situation with developed markets. The US Department of Trade in July 2013 launched one of its largest trade... 24.08.2013  11:55

• In China, the growth of explosion prices for iron ore continues The steel market in China is on the way to recovery, as evidenced by the jump in the spotal prices of iron ore even further from five maximums of the month. Traiders in Shanghai find that it is difficult to accept rising prices for such a high level after a quick rise in the last few weeks, so... 23.08.2013  15:27

• Brazilia metallurgists concern the reduction of import duties The Institute of Steel Brazil said that the decision of the Ministry of Finance of Brazil to reduce the rates of import customs duties per 100 goods, including steel products, will negatively affect the Brazilian steel industry. The Institute of Steel believes that the change in the current duties... 23.08.2013  14:34