Tag «Steel»

Mechel Reports Chelyabinsk Governor’s Visit to Chelyabinsk Metallurgical Plant

Chelyabinsk, Russia — February 26, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the visit of Chelyabinsk Region’s Governor Mikhail Yurevich to Chelyabinsk Metallurgical Plant. Chelyabinsk Region’s Governor Mikhail Yurevich, First Deputy Governor Sergei Komyakov, Deputy Governor Ivan Feklin, and the regional administration’s Industry and Natural Resources …

Demand of Steel

The Minister of Steel, Shri Beni Prasad Verma has said that during 2011-12, consumption of finished steel in the country was 70.92 MT as against production of 73.42 MT. As such, there is no gap between demand and supply of the steel in the country. In a written reply in the Lok Sabha today Shri …

Consumption and Production of Steel

The Minister of Steel, Shri Beni Prasad Verma has said that Iron and steel is a deregulated sector and decision regarding setting up of iron ore processing industries is  taken by  individual investors and the Government has no direct role in it. However, the Government is encouraging domestic utilization of iron ore fines through beneficiation and …

New Steel Policy to be formulated

The Minister of Steel, Shri Beni Prasad Verma has said that production of steel has been consistently increasing since last several years. As per the available information, production of crude steel has increased from 70.67 MT in 2010-11 to 73.79 MT in 2011-12. The present National Steel Policy was formulated in the year 2005. However, …

Organic photovoltaics on steel: ThyssenKrupp Steel Europe and Solliance researching applications for the new generation of solar cells

ThyssenKrupp Steel Europe and Solliance are counting on a highly promising form of power generation: organic photovoltaics (OPV). OPVs are flexible solar cells made of light-active plastics and can be manufactured by cost-effective processes suitable for large-scale production. They may be less efficient than previous rigid solar cells based on silicon but they offer the …

Mechel Reports Temporary Suspension of Steelmaking Facilities in Romania and Ukraine

Moscow, Russia – November 23, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports temporary halting of production facilities at Donetsk Electrometallurgical Plant (DEMZ), which is part of Mechel’s steel division, and the schedule for temporary suspension of production at the group’s Romanian steelmaking facilities that are part …