The contract for the sale of Serbia's sole steel mill was signed between representatives of Serbian government and Chinese HeSteel Group (HBIS) at a ceremony in the city of Smederevo on Monday.
Information about Serbian construction industry, providing investment opportunities, projects, companies, news and laws. ... Sirmium Steel in Sremska Mitrovica. ... which will be later used in rolling mills for production of various types of building armature that is in high demand.
The Serbian government and Chinese company He Steel will sign a sales contract for Serbia's sole steel mill Zelezara Smederevo on April 18, if the European Commission gives the go-ahead for the privatization, Serbian government sources told Tanjug.
The steel plant in Smederevo produces iron at two blast furnaces then converts blast furnace iron to raw steel at a three-furnace converter shop and continuous casting complex. Steel processing includes a hot strip mill, sheet cold reduction mill, annealing and tempering units.
China's HeSteel breathes life into old steel factory in Serbia (Xinhua) ... SMEDEREVO - As Chinese steel giant HeSteel increases production at the Smederevo Steel Mill in Serbia, its 5,000 workers ...
Serbia's Smederevo steel mill boosts revenue -statement 2 Min Read BELGRADE, Dec 18 (Reuters) - Serbian steelmaker Zelezara Smederevo has boosted production and revenue in …
Serbia on Tuesday accepted an offer to sell the country's sole steel mill, and its largest exporter, to China's HBIS, the world's third-biggest steel producer, the economy ministry said.
serbia steel mill U.S. Steel Wikipedia 2018-7-3 · United States Steel Corporation (NYSE: X), more commonly known as U.S. Steel, is an American integrated steel producer headquartered in Pittsburgh, Pennsylvania, with production operations in the United …
SMEDEREVO, Serbia (AP) — China's President Xi Jinping said Sunday his country's relations with Serbia should serve as an example for other nations in central and southeast Europe where the Asian ...
Serbia Steel Mill Pump Rebuild. Mon, 05/02/2016 - 16:12. Power Zone overhauled a 4000 horsepower 7 stage descaling pump for a steel mill in eastern Europe. The mill had three 50% pumps and was in its 5th month awaiting repair in the shop of a major pump OEM.
SMEDEREVO, Serbia (AP) — China's President Xi Jinping said Sunday his country's relations with Serbia should serve as an example for other nations in central and southeast Europe where the Asian ...
BELGRADE, Serbia - The Serbian government on Tuesday bought a loss-making plant from U.S. Steel for the symbolic sum of $1, hoping to avoid its closure and keep 5,400 workers employed at a time of ...
The introduction of anti-dumping duties by the EU on steel products originating in China will not affect the exports of Serbian steel mill Zelezara Smederevo owned by Chinese producer Hesteel, the delegation of the European Union to Serbia said on Tuesday.
The steel mill, which started operations in 1913, was a state-owned Serbian enterprise, but fierce international competition and poor management was leading it to closure, until it changed to Hesteel Serbia after a 46-million-euro purchase by the Hebei-based conglomerate in April 2016.
Sep 09, 2017· Watch video· As China Moves In, Serbia Reaps Benefits, With Strings Attached. ... But Mr. Xi's words saved 5,200 jobs in Smederevo, a city of 100,000 that has depended on the steel mill for decades. China ...
The Serbian government and Chinese company He Steel will sign a sales contract for Serbia's sole steel mill Zelezara Smederevo on April 18, if the European Commission gives the go-ahead for the privatization, Serbian government sources told Tanjug.
Italian plantmaker Danieli has stated it is evaluating two locations other than Serbia for its planned new special steel mill project.
The Železara Smederevo steel mill used to export around USD1bn worth of steel a year, which was equivalent to around three percent of Serbia's total GDP at the time, he added. HBIS announced in April it will increase the factory's annual production to 2.1 million tons …
After a year of imaginative management, HBIS Group of China has succeeded in turning around the troubled Smederevo steel mill, Serbia's largest, reinforcing the view that the conglomerate's go-global strategy is yielding positive results.
The Železara Smederevo steel mill used to export around USD1bn worth of steel a year, which was equivalent to around three percent of Serbia's total GDP at the time, he added. HBIS announced in April it will increase the factory's annual production to 2.1 million tons …
Generating at its peak 13 per cent of Serbia's export earnings, Zelezara Smederevo steel mill on the banks of the Danube is a symbol of the supposed glory days of Serbian industry.
The steel mill, which started operations in 1913, was a State-owned Serbian enterprise, but fierce international competition and poor management was leading it to closure, until it changed to ...
Jun 15, 2016· The Smederevo steel mill stands a good chance to recover and develop after it was sold to Chinese HeSteel Group (HBIS), experts and officials said. Now let's hear from the workers at the steel mill.
Serbian steel mill: firing up politics more than furnaces ... Generating at its peak 13 per cent of Serbia's export earnings, Zelezara Smederevo steel mill on the banks of the Danube is a symbol of the supposed glory days of Serbian industry.
Jul 02, 2016· The steel mill in the Serbian city of Smederevo is officially in ownership of Chinese HeSteel since Friday, and the 46-million-euro (51.6 million U.S. dollars) deal becomes a reality, Serbian ...
62k Likes, 289 Comments - Steve McCurry (@stevemccurryofficial) on Instagram: "Steel mill, #Serbia, 1989."
In January 2017, the delegation of the European Union to Serbia said the introduction of anti-dumping duties by the EU on steel products originating in China will not affect the exports of the Serbian steel mill. Hesteel officially took over the management and ownership of Zelezara Smederevo in July.
Xi was touring the Zelezara Smederevo steel plant at the end of his three-day visit to Serbia, before leaving for Poland. He was cheered on by flag-waving workers at the plant, which was recently ...
Serbian President Nikolic and Prime Minister Vucic said in their speeches that the Serbia-China cooperation has enabled the Smederevo steel mill to turn a new page and that it will usher in further bilateral cooperation. The leaders of the two countries also toured the workshops of the steel mill.
Serbian steelmaker Zelezara Smederevo has boosted production and revenue in 2017, the office of the country's president said on Monday.
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