Metallurgy news

• Hungary will redeem the Dunapher’s missile plant from the ISD to avoid mass layouts The Hungarian government will propose to redeem the unprofitable manufacturer Dunaferr from the Ukrainian ISD Corporation (ISD Group) to prevent the dismissal of 1,500 workers planned by the company for September 2013. This was announced yesterday by the Minister of Economy of Hungary Mikhai... 20.08.2013  13:59

• The largest Chinese Mastroe Party Hebei Steel has increased exports by 72 percent The largest metallurgical company in China Hebei Steel announced today that its exports in July this year amounted to 385 thousand tons, which is 71.9 percent higher than in the APPG-2012. In addition, the company reports that the number of export orders in July 2013, compared with July 2012,... 20.08.2013  13:09

• US Steel reduces steel production The American Institute of Cast iron and became AISI that in June 2013, US Steel produced 7 million 806 thousand 319 tons of steel, which is 3 percent less than in May 2013 (8 million 47 thousand 245 tons) and 2.6 percent lower than in APPG-2012 (8 million 16 thousand 834 tons). Sales of the... 20.08.2013  12:58

• Chinese metallurgists complain about the deterioration of the quality of iron ore Almost half of the imported iron ore and the entire Mexican products, without exception, received in the first half of 2013 in the Chinese port Habei turned out to be of poor quality. This was announced today by the inspection for the acceptance of goods and quarantine procedures in the port of... 20.08.2013  12:43

• For the first time in six months, Tokyo Steel increases the prices for metal rolling The largest metallurgical company in Japan Tokyo Steel raises the prices for metal rolling by 3 percent. The increase will affect thick -power steel and galvanizing in rolls. The new price list will begin to operate on September 1, 2013. Meanwhile, the prices for a channel and beams will remain... 19.08.2013  09:37

• The export of the Turkish rollery collapsed in May by 44.6 percent According to the data provided by the Turkish Institute of Statistics in the first half of this year, the Turkish export of reinforcement amounted to 514 thousand 405 tons by demonstrating a fall by 15.8 percent with respect to the APPG-2012. At the same time, reinforcement from reinforcing exports... 18.08.2013  14:23

• Rusal made a new acquisition The world-famous enterprise, the leader in the production of aluminum, OK Rusal acquired the BTEC (theological TPP), which previously belonged to CES Holding. This expensive acquisition will enable the enterprise to establish a stable production of clay on the basis (Theological Aluminum Plant),... 18.08.2013  14:20

• Korean metallurgists decided to raise prices for metal rolling The main Korean metallurgical companies have decided to increase the prices for metal rolling. The basis for this they call an increase in the cost of scrap metal and a reduction in the profitability of metallurgical production. A noble desire to earn can stumble upon a misunderstanding of the main... 18.08.2013  13:20

• Fortescue Metals expands the production of iron ore to 155 million tons The fourth in terms of the number of ore in the world Fortescue Metals took another step forward towards achieving an ambitious goal - to triple the number of iron ore raw materials and put into operation the fourth pier in the Herb Elliot port. In order to reach 155 million tons of annual... 18.08.2013  13:09

• Ukrainian metallurgists will continue to reduce the production of steel - metallurgicalprom According to the Ukrainian association, Metallurgprom, in September 2013, 2 million 670 thousand tons of steel will be melted in Ukraine, which is 5.1 percent less than in July. According to the forecast of analysts of metallurgprom, the production of cast iron will grow by 0.7 percent - to 2... 18.08.2013  12:48