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Steel production in Ukraine in 2020 decreased by 1.4%

In 2020, at the height of pandemic restrictions, steel production in Ukraine fell by almost 30% compared to the same period in 2019....

Hot rolled sheet prices in the US topped $ 1,000 per ton for the first time in history

Hot rolled coil prices in the United States ended the year at record levels amid continued supply shortages....

Ukraine's economy returned to pre-pandemic indicators and will grow by 5% in 2021

Prime Minister of Ukraine Denis Shmyhal spoke about “billions of hryvnias” of state support for industrial growth, exports and employment provided in...

World steel production in November increased by 6.6%

Ukraine has shown the largest growth in steel production in annual comparison. Almost every country in the world, with the exception of Korea and...

Procurement of scrap metal in Ukraine will decrease, and purchase prices will rise sharply - UAVtormet

Since the beginning of December, purchase prices for scrap in Ukraine have increased by almost 1,000 hryvnia per ton....

Panic reigns in European steel market over supply shortage

Overheating of the market could have dire consequences for distributors who buy rolled metal at inflated prices after steel prices return to normal...

Hot rolled sheet prices in the US are ready to surpass the $ 1000 per tonne mark

Hot rolled coil (HRC) prices in the US are up again this week as mills are unable to keep up with skyrocketing steel demand....

Severstal expects rapid recovery of the steel market after the pandemic

The metallurgical industry is able to quickly recover and respond to positive changes in the environment, the CEO of Severstal believes....

Ukraine restores pig iron smelting and metal production to the level of 2019

Ukrainian metallurgists have managed to restore the production of pig iron and finished rolled products to the level of last year, but there is a...

Steel prices in the United States have almost doubled in six months - a record dynamic for the market

Hot rolled steel prices in the United States rose by $ 65 over the week to $ 820 per tonne, the most dynamic increase in the history of the steel...

World Steel Association strategist talks about the impact of the pandemic on industry trends

Dr. Baris Bekir Chiftchi, Head of Strategic Initiatives at the World Steel Association, spoke about five major trends in the steel industry caused by...

Bank of America predicts higher prices for metals, iron ore and coal in 2021

Industrial activity around the world will continue to pick up and this will support industrial metal prices....

Steel buyers in the European Union prepare for further significant price increases

The supply deficit in the European Union steel market has increased sharply after the decision of the European Commission to introduce retroactive...

The average annual price of a ton of iron ore will exceed $ 100 for the first time since 2013

The material's price resilience has helped the mining industry avoid the worst damage from the coronavirus pandemic, which has hit other sectors like...

Consumption of rolled steel in Ukraine decreased by 5.6% in 10 months

The growth in steel consumption in Ukraine recorded in the first half of the year gave way to a fall....

Steel production in Ukraine in 10 months of 2020 decreased by 5.5%

The reason for the decline in the mining and metallurgical complex of the country was a pandemic and "tariff lawlessness" on the part of national...

Ukraine reduced steel production in January - October 2020 by 5.3%

This is evidenced by the operational data of the Association of enterprises of ferrous metallurgy of Ukraine "Ukrmetallurgprom"....

Business activity of Russian manufacturers showed the maximum drop in five months

The business activity of Russian manufacturers in October showed the fastest drop since the first wave of coronavirus. Enterprises remain optimistic...

US steel market is "overheated" - MEPS

Metallurgical plants in the USA do not keep pace with the growing rush demand for steel, but British experts are confident that this situation has...

ArcelorMittal Europe to start producing green steel from 2020

Hydrogen technologies will form the basis for the transition of the world's largest metallurgical company to the production of "green" steel....

International Energy Agency predicts 30% growth in global steel demand

According to the agency, the demand for steel by 2050 will grow by a third and a quarter of all world production will be concentrated in India....

International Steel Committee says gloomy outlook for market

Interventions by a number of governments and their support measures create overcapacity, significantly distort the market, discourage structural...

World steel production up 0.6% in August - WorldSteel

Steel production in China, the world's largest producer and consumer of metal, increased by 8.4% to 94.8 million tonnes in August....

A difficult situation remains on the steel market in Ukraine - Ukrmetallurgprom

Ukrainian ferrous metallurgy enterprises in January - August 2020 reduced production of the main types of metal products....

China to set new record for steel production despite pandemic - Baowu Steel Group

Growing demand from the construction sector and government support for domestic consumption will lead to a record increase in annual steel production...

Ukraine is the ninth country in the world for the production of pig iron

According to the results of work in January - July 2020, Ukraine is ranked 9th in the ranking of world pig iron producers and 13th in the TOP steel...

China's largest steel producer to become even larger and number one in the world in terms of production

China Baowu Steel Group will take over China's largest stainless steel producer TISCO as part of the PRC government's capacity consolidation program....

Iron ore prices hit six-year high due to supply shortages

The Global Iron Ore Price Index has hit more than a six-year high due to a lack of supply for mid-grade fines and a rapid recovery in demand in China...

Ukrainian consumers increased purchases of rolled metal by 10%

In January - July 2020, the capacity of the domestic market of Ukraine amounted to 2 million 539.4 thousand tons of rolled metal....

Q2 2020 was the most difficult in ArcelorMittal history - Lakshmi Mittal

ArcelorMittal, which withdrew its forecast for global steel consumption in May, said the speed and course of the post-pandemic demand recovery remain...

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