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Tool Steel Industry News

Metals sector newsfeeds and world industry reports

Georgia: one dies in mining accident
Fri, 18 Oct 2019 00:00:00 GMT
Mechel has asked the Vice Prime Minister Dmitry Kozak to help return 50% of funds invested in the Donetsk Electrometallurgical Works (Ukraine). The company received DMEZ in 2009 under an agreement with A1. In 2 years Mechel bought the plant for $537 million with the funds borrowed from Alfa-Bank. The company had to pay the

Cutting Tool Orders Running Out of Steam
Thu, 17 Oct 2019 00:00:00 GMT
U.S. cutting tool consumption increased 3.3% from July to August, but the index to manufacturing activity continues to fall behind the year-over-year and year-to-date marks

Russia: Mechel-Service supplies rolled metal for medical center ...
Fri, 11 Oct 2019 00:00:00 GMT
Uralelectromed is finishing concrete works to create the foundation for the third stage of the copper electrolysis shop. The third stage will operate using stainless steel cathodes, just like the previous two stages. It will have a circulation system of 224 electrolyzes baths. The first stage was commissioned in February 2012. Its capacity was 160

Number of news reports: 3
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