SOUTH KOREA TO BOOST STEEL EXPORTS

SOUTH KOREA TO BOOST STEEL EXPORTS

In January-October 2012, the South Korean steel companies increased exports of steel products over the same period last year by 7.6% to 25,413 million tons, the materials referred to in the South Korean Iron and Steel Association (KOSA).

At the same time, steel imports to South Korea for 10 months decreased by 11.2% to 17.826 million tonnes a result, net exports of the country amounted to 7,587 million tons of steel products.

Most of this volume is made up of exports of flat steel products in the amount of 7.752 million tons, in particular, shipments to foreign markets cold-rolled steel sheet - 3,494 million tons

In the segment of long-length South Korea has become a net importer by buying abroad 1.362 million tons of these products. At the same time, a large fraction of this amount totaled 850 thousand tons of wire rod.

In October of this year, South Korea#39;s steel exports remained virtually unchanged compared to the same period last year and amounted to 2.578 million tons, while imports were up 0.3% to 1.597 million tons

MECHEL SUSPEND WORK SMELTER IN ROMANIA AND UKRAINE

Mechel suspend work smelter in Romania and Ukraine

OAO Mechel ``, the leading Russian mining and metals companies, announces the temporary suspension of production at Donetsk steel plant, which is part of Mechel#39;s steel division ``, and the schedule of temporary suspension of the production process on the Romanian steel companies that are members of the East-European Steel Division Mechel ``, due to the unfavorable situation on the markets for raw materials and final steel products.

Due to unfavorable market conditions European steel markets against the background of rising prices for ferrous scrap and weak demand for finished goods temporarily suspended production capacity of metallurgical enterprises Mechel `` in Romania. The decision on temporary suspension was made in order to reduce production costs and to align it with the requirements of the market volume. Contributed to the decision, including the early execution of the enterprises annual production plans.

In particular, from 21 and 22 November 2012 temporarily suspended work EAF plants plant Mechel Targoviste `` and `Dactyl Steel plant Otelu Rosu` respectively. Also, after the production program from November 27, 2012 will be temporarily suspended rolling production at Mechel Targoviste ``, with 15 December 2012 is planned to suspend rolling and wire production at plants Dactyl Steel Buzau `` `` Laminorul Braila and Mechel ` Campia Turzii `.

To temporarily suspend production of the Donetsk steel plant introduced due to rising production costs and a decrease in its profitability associated with the steady increase in raw material costs of the plant - scrap - on the back of seasonal accumulation of stockpiles Ukrainian steelmakers.

During the period of temporary suspension of production at these steel plants will be carried out all the necessary actions to maintain efficiency of the equipment and its maintenance. Employees who are involved in these activities, the salary will be paid in full. In order to preserve jobs other workers not involved in routine work, will be paid for idle time or granted leave in accordance with the labor laws.

Temporary suspension of production will not affect the volume of sales. Deliveries for all contracts will be carried out from the warehouses in the normal mode.

The company is closely monitoring the market situation to normalize it to quickly restore production enterprises.

The expected economic effect from the temporary suspension of production will enable enterprises to more efficiently manage the available financial resources in terms of reduced demand for finished products, and the high price of scrap metal. This will minimize the financial risks and to protect the long-term interests of the company in the steel sector.

TSZPU PRESENTED NEW METAL PROCESSING TECHNOLOGY

TSZPU PRESENTED NEW METAL PROCESSING TECHNOLOGY

`Company` Plakart together with the subsidiary company `Center of protective coatings - Ural` (`TSZPU`) at the conference `The development of technology for drilling` presented processing technology metal products - laser cladding of metal.

Using this technology, on the surface cladding applied to the cladding layer of particulate material, then it proplavlyaetsya using a laser beam. This improves the durability of new machinery parts and repair worn-out products. In addition, this technology makes it possible to handle the large size products.

Conference was attended by experts of the oil industry is not only the regions of Russia (Moscow, Surgut and Perm), but also the CIS countries (Ukraine and Kazakhstan). The event participants got acquainted with the production company `VNIIBT-Drilling Tools` and `Company` TSZPU and Plakart `Company`.

Conference `The development of technology for` drilling takes place every year in Perm. Organized by the Company `VNIIBT-Drilling Tools#39;. Note that the `Company` TSZPU cooperating with the company `VNIIBT-Drilling Tools#39; from 2006.

The Centre regularly performs work to improve wear resistance of rotor screw downhole motors. This allows 3-5 times to extend the life of equipment.

Nicholas Solomennikov, commercial director TSZPU `` `We regularly upgrade our technology. The introduction of laser metal deposition technology will allow us to expand the processing capabilities of products. I think that the experts `` VNIIBT six years of collaboration seen in the reliability of the use of modern innovative methods of spraying. `` VNIIBT is one of our main partners, so the first thing we would like to present this method is it `.

ALERIS EXPAND FOR DELIVERY CAR FACTORY IN CHINA

ALERIS EXPAND FOR DELIVERY car factory in China

The agreement on the supply of aluminum Superlite 200 signed Aleris and FAW-Volkswagen. In accordance with the terms of Aleris will send Superlite 200 for several models of Audi, produced in factories in China - Audi A3 Sportback, Audi A3 Sportback, Audi A6, etc. According to Aleris and FAW-Volkswagen, the alloy has an optimum combination of hardness, workability and corrosion resistance.

`We look forward to expanding our strategic partnership with FAW-Volkswagen in China - said Gondorf Andreas (Andreas Gondorf), a top manager of Aleris. - As the global market leader in aluminum products, Aleris provides excellent support for the concentration of production of the lighter models of Audi `.

RUSSIA AND THE U.S. SIGNED A PROTOCOL ON CHANGES IN PRICES FOR RUSSIAN STEEL

Russia and the U.S. signed a protocol on changes in prices for Russian steel

Russian Ministry of Economic Development Ministry of Trade and the U.S. signed on Friday a protocol on amendments to the agreement to suspend the anti-dumping investigation in respect of certain hot-rolled flat carbon steel products from the Russian Federation, according to the Russian trade mission in Washington.

`The Russian side has signed the protocol Russian trade representative in the U.S. Rinat Dosmukhamedov - on the American Deputy Secretary of Commerce for Import Administration Ronald Lorentzen`, - stated in the trade mission.

Earlier, on November 17, the Ministry of Trade United States reported that Moscow has agreed to an updated draft of the agreement on the minimum price of Russian hot-rolled steel in the U.S. market. According to the document, the minimum price of Russian steel will be raised.

Acted US-Russian agreement on hot-rolled steel was reached in 1999. On it were also introduced quotas for certain types of Russian steel production in the United States. Revision of the agreement was initiated in June, on request of an interested party in the USA - steelmaker Nucor Corporation, which considers it irrelevant.

ARMENIA IMPLIED HIMIKOMETALLURGICHESKOGO PLANT CONSTRUCTION

In RA involves the construction of chemical and metallurgical PLANT

Union domestic producers of Armenia intends to present to the government a proposal for the creation of a Zangezur (Syunik region), the chemical and metallurgical plant for the processing of waste from mining tailings, said the chairman of the Union Vazgen Safarian.

According to him, the construction of a plant may require an investment of about $ 1.5 billion He also stressed that the plant in two to three years will be able to recoup these investments and get the profit of the order of $ 2 billion

`The plant will be possible to arrange the processing of the waste ore tailings total of 1.5 billion tons of which can be further extracted, in particular, 170 m selenium, 3.6 t of gold, silver, 140 m, as well as iron and other metals and chemicals `- said Vazgen Safarian.

According to the expert, through the work of the plant will be possible to export the finished product, and among export markets, he pointed to China, where there is demand and where you can export, for example, 4.3 million tons of iron per year.

Vazgen Safaryan noted that investment in the plant will be justified provided that the construction and operation of the Iran-Armenia, given the simplicity of transport logistics, as well as the support and participation in the project of the state. The plant will open 12 thousand jobs.

In Syunik region of Armenia today has three mining and processing plant - Zangezur Copper and Molybdenum Combine, Kapan mine and Agarak Copper-Molybdenum Combine.

IN THE LENINGRAD REGION MAY GET A NEW STEEL WORKS

In the Leningrad region may get a new STEEL WORKS

As the `Business Petersburg` Lenspetsstal owner of the company, which is implementing the project, Vladimir Yurchenko company has requested to lease the site for the construction of 30 hectares in area Slantsevsky. Investment in the project will amount to more than 5 billion rubles, capacity - 350 tons of tons of finished steel products annually. Construction is scheduled to begin in the summer of 2013, the company has already received the land acquisition act.

`The plant will produce about 20 kinds of products - Rebar, rolled, angle, and cast billet. We plan to steelmaking and rolling mill. The raw material will be scrap metal with the ability to use up to 30% of pellets.

The payback period of the project amount, 3.5-4 years#39;, - says Vladimir Yurchenko.

A similar project structures businessman claimed in the Krasnodar region. A year ago, the company has signed an agreement to build a 2014 Land for the project has already highlighted the leadership of the region.
About the credits for the construction company is in talks with Russian and foreign banks, but with what exactly Vladimir Yurchenko did not elaborate.

`This popular trend in the steel industry. Competition in this segment is quite high, but the closest to the North-West region - this plant in Cherepovets (Severstal) is 700. km. Ural plants are located at a distance of 2.5 kilometers. So by saving on logistics and proximity to the customer (the builders Novogorodskoy, Pskov, Leningrad region and St. Petersburg), we plan to reduce costs by 10-15%.

One ton of steel is worth about 23-35 thousand rubles at a cost of raw materials - 12-13 thousand rubles per ton. Half of the products will be shipped via Ust-Luga to export `, - said the head of the company.

ILVA RESTART THE ROLLING CAPACITY

ILVA restart the rolling capacity

Last week, Italy#39;s largest metallurgical plant resumed operation of rolling mills, which had been closed since the end of November after the Court of Taranto has seized on sales of steel products, Steel works produced between August and November.

In particular, the mill was restarted hot rolling mill No. 1, finishing rolling mill No. 2, pipe shop?

1 (the line for the production of electric-welded pipes, line for coating, service center) and part of the capacity of cold rolling mill.

At the same time, due to low demand Ilva has not resumed working mill for production of steel sheet, pipe shop No. 2 with the line on the coating? 2, as well as part of capacity cold rolling mill.

At the same time, the company launched the environmental plan, approved by the Italian Ministry of Environment. Thus, began the decommissioning of coke oven batteries No. 3, No.

4, No. 5 and No. 6, to be reconstructed.

In turn, coke batteries provide the blast furnace No. 1, which is also to be upgraded.

Recall that on 30 November the Italian government passed a law, a directive that allows you to resume work Ilva. In this case, the prosecutor#39;s office Tarrant received document called unconstitutional and declared their intention to appeal against it in the near future.

BY 2020

By 2020, the consumption of steel in MENA COUNTRIES TO REACH 70 MILLION. T

By 2020, steel demand in the Middle East and North Africa (region MENA) will reach 70 million tons, with an annual growth of 10%, the report says consulting company Frost Sullivan.

According to the document, in the long term, the steel industry in the region, especially in the Gulf countries will develop at a rapid pace due to the ambitious plans of the governments of these countries to the growth of their economies. The lion#39;s share of major projects planned in the road, rail sectors as well as in oil and gas and construction industries that will stimulate steel demand.

In turn, the growth of investment, both public and private, will contribute to the growth of the population, and increasing in connection with the demand for real estate.

In 2010, steel demand in the Middle East accounted for 27.3 million tonnes, while production was around 20 million tonnes, due to which the deficit was compensated by imports. In monetary terms net imports of steel products to the Gulf countries in 2011 amounted to $ 8 billion

Historically, the most heavily metallurgy was developed in Iran and Egypt, but there is now a shift towards the Persian Gulf as the leading steel producers.

Important source of raw material for the production of steel is hot briquetted iron availability due to the natural gas in the region. According to Frost Sullivan, the production of HBI in MENA countries at around a third of the global total.

VOLKSWAGEN LAUNCHES CONSTRUCTION PLANT IN KALUGA

VOLKSWAGEN LAUNCHES CONSTRUCTION plant in Kaluga

December 11, Dmitry Medvedev will visit Autoworks Company `` Volkswagen Group Rus in Kaluga region, where he will see a series of workshops and take part in the opening ceremony of the construction of a new plant for the production of internal combustion engines.

The Chairman of the Government will examine the training center for training and retraining of personnel for the automotive industry in the Kaluga College of Information Technology and Management.

The event will be attended by the Plenipotentiary Representative of the President of the Russian Federation in the Central Federal District Alexander Beglov, Minister of Industry and Trade Denis Manturov, Kaluga Region Governor Anatoly Artamonov, representatives of ministries and departments, heads of industry companies.

August 28, 2012 Chairman of the Board of Volkswagen M.Vinterkorn and Kaluga region A.Artamonov signed an agreement to build the plant in the Kaluga region for the production of engines. The Company is planning to invest in the construction of the plant about 250 million euros. Start of production is planned for 2015.

The plant will produce engines latest EA211 series 1.6-liter. The engine is the embodiment of the most advanced technologies in the field of engine concern. The production capacity of 150 thousand units per year, the planned staff - 500 employees.

Construction of the plant for production of engine meets the conditions of the May 2011 supplementary agreement on industrial assembly under Government Decree? 166: in 2016 30% of produced on the territory of Russian cars must be equipped with Russian engines.

***

The volume of production in Russia all vehicles (including cars of foreign brands) for January-October 2012 amounted to more than 1.8 million units (an increase over the same period in 2011 - 12.4%).

Production of passenger cars in January-September 2012 amounted to over 1.6 million units (+ 13.4% compared to the same period of 2011). Production of foreign models has increased by 26.9% (1093.9 thousand).

The largest producers are OAO AvtoVAZ `` (458.7 thousand), OOO `Autotor Holding` (213.2 thousand), of `Autoframos` (135.3 thousand), Ltd. #39;Hyundai Motors Manufacturing Rus `(185.6 thousand), OOO VOLKSWAGEN Rus` `(144.6 thousand).

Concern Volkswagen AG (Germany) - Europe#39;s biggest carmaker, uniting brands Volkswagen, Škoda, Audi, Porsche, Seat, Bentley and Lamborghini.

On the territory of the Russian company `Volkswagen Group Rus#39; in the full cycle produces models Volkswagen Polo Sedan, Volkswagen Tiguan, Škoda Fabia, Škoda Octavia, and also carries SKD models Škoda Yeti, Volkswagen Touareg, Volkswagen Multivan. The company also considered the possibility of production in SKD mode, starting in 2013, models of the brand Audi - A7, Q7 and Q5.

Structurally, the company has a branch in Moscow, where he performed overall coordination of the plant in Kaluga, as well as a branch in the city of Nizhny Novgorod, where the facilities of GAS from November 2012 assembles several models of Volkswagen. The cumulative number of employees in Russia is more than 6.5 thousand people.

In the period from January to October 2012 `Volkswagen Group Rus#39; sold more than 260 million vehicles, of which more than 144 thousand pieces - made in Russia. These volumes have made the Russian Federation#39;s sixth largest market for the group Volkswagen AG.

At the moment an investment group Volkswagen AG in the Russian Federation, about 1 billion euros. By 2018, the Group plans to invest a total of about another 1 billion euros in the development of new models that meet the requirements of the Russian market, the further localization of production, as well as construction in Kaluga plant for the production of internal combustion engines.

31 May 2011 Company `Volkswagen Group Rus` signed an additional agreement with the Russian Ministry of Economic Development, which provides for the production of vehicles in Russia with capacity of 350 thousand units per year, with bringing the localization level to 60% and take on additional responsibilities, which is also include the establishment of a research and development center.

BOSCH BUILD ENGELS ENTERPRISE INDUSTRIAL BOILERS

BOSCH BUILD Engels ENTERPRISE industrial boilers

Engels - Bosch Thermotechnology division plans to build a new manufacturing plant on the existing site Bosch Engels in the Saratov region. The plant will manufacture industrial boilers and wall mounted gas boiler. Construction will begin in March 2013 and its completion in the I quarter of 2014 total investment of about 21 million euros.

By 2016, will create 170 new jobs: 100 of them - at work, and 70 - in the administration of the plant.

In addition to the boilers for industrial and commercial use ranging from 2.5 to 6.5 MW, Engels will produce wall-mounted gas boilers from 18 to 28 kW for heating and hot water.

In addition, it will create development department with a staff of 20 people for production improvements of industrial boilers.

`Our new facility in Engels provide us with a competitive advantage and ensure the positioning of one of the world#39;s major markets heating equipment - said Uwe Glock, President of the Business Unit thermotechnology Robert Bosch GmbH. - Now we can better tailor our products to the needs of the Russian market, reducing logistics costs#39;.

RUSSIAN HELICOPTER KA32A11VS CERTIFIED IN AUSTRALIA

Russian helicopter Ka-32A11VS CERTIFIED IN AUSTRALIA

Russian multi-purpose helicopter coaxial rotor Ka-32A11BC received a certificate of airworthiness in Australia. This was reported in the press-service of JSC Russian Helicopters ``.

The certificate will allow Australian operators to use helicopters Ka-32A11BC as search and rescue and fire fighting helicopters, as well as use it to transport goods on the external load and construction activities, the press service of the holding.
Ka-32A11VS - Unique Russian helicopter, operated in more than 30 countries. The coaxial rotor scheme makes Ka-32A11VS only highly effective helicopter in its class - it allows you to accurately perform complex maneuvers and high stability in hovering flight.

Ka-32A11BC meets FAR29, AP-29 and has a certificate issued in 2009 by the European Aviation Safety Agency EASA (European Aviation Safety Agency). The helicopter has been successful application in Russia, Canada, Spain, Portugal, Switzerland, China, Austria, South Korea, Indonesia and Japan.

In 2011, Ka-32A11BC was certified in India and Brazil, recalled the source. In March of this year, the Brazilian helicopter operator, the company `Helipark taxi aereo` (Helipark Taxi Aereo), has received a multi-purpose helicopter Ka-32A11BC, which is now actively used to transport goods on the external load. For search and rescue Ka-32A11BC demand in Kazakhstan, where in 2012 delivered two of the helicopter.

In Switzerland, two Ka-32A11VS available in the airline#39;s fleet Helisyuiss `` (Heliswiss), which uses them for the performance of construction work and transportation of cargo on external sling. In Spain, this type of helicopter used as fire-fighting and search and rescue. No less demand on the Russian helicopter market - in 2012 was completed delivery of five new Ka-32A11BC in fireproof version for the Russian Emergencies Ministry.

At the same time, at the request of the Ministry of Emergency Situations that contract was executed early. Need to replenish the fleet fire-fighting helicopters Ka-32A11BC became apparent during a fire in a high-rise complex Moscow-City `` in April 2012, when the elimination of fire in a skyscraper helicopters were used in this series.

The average multi-purpose helicopter Ka-32A11BC is one of the most sought-after developments of Russian Helicopters holding company ``. Designed on the basis of the naval Ka-27PS, the civil Ka-32A11BC is reliable, sturdy and practical helicopter.

Russian Helicopters to `` Australian market may have great promise, as in this country there is a constant need for multi-functional and reliable specialized helicopters. Ka-32A11BC is the first Russian helicopter that was certified in Australia.

In 2013, Russian Helicopters `` plan to visit the Australian aerospace exhibition Avloniy `2013` where regional operators of helicopters will be better able to meet both the Ka-32A11BC and other models of the holding.