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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...

Global steel production in June 2020 decreased by 7%

steel Production in June 2020 declined in all countries except China, Ukraine and Turkey....

Steel consumption is growing in Ukraine amid falling imports

Consumption of steel in Ukraine for six months increased by 5.5% with a simultaneous reduction in the share of imports by 7.8%....

Russian steelmakers are predictable has reduced steel production in the second quarter against the background of quarantine measures

According to experts, at the end of the year, the Russian steel industry will show a decline in sales, despite government support of infrastructure...

Ukraine reduced production of steel in the first half of 2020 7.6%

as of July 10, 2020, from the current major production facilities are in operation, with 18 of the 21 blast furnaces, 6 open hearth furnaces of 8, 14...

For the first time in the history of Toyota bought Chinese steel for their cars

In Japan stated that this is a historic deal that marks the emergence of China in the League of manufacturers of high quality steel and portend a...

Ukraine has lost about 20% of export proceeds from trade in ferrous metals

Metallurgical enterprises of Ukraine reduced income from exports of ferrous metals and metal products-by 18.7% and 17.4%, respectively....

ArcelorMittal Kryvyi Rih is building a new blade with strict observance of environmental obligations

As a responsible view manufacturers, "ArcelorMittal Kryviy Rih" took upon himself the obligation to preserve valuable plants listed in the Red book...

Strategy of defense in space

Some experts criticized the strategy, arguing that there are not enough details...

For half a year the Ukrainian steel production decreased by almost 8%

the Ukrainian ferrous metallurgy enterprises in the first half of 2020 according to preliminary estimates produced 10.1 million tons of steel,...

In Ukraine, the growing domestic demand for steel and reduced imports of metal

In January – may 2020 Ukrainian metallurgical companies have less to sell for export, increase the sales of steel in the domestic market....

Global steel production in may 2020 fell by almost 9%

Data from the world steel Association on Monday showed a sharp contrast between production in China, which largely removes the restrictions, and the...

China promises to continue the program to reduce outdated steel production capacity and coal

in addition, in Beijing intend to continue started 5 years ago reforms in the steel industry aimed at stimulating demand from steel consuming...

Sales of carbon steel in Japan in April reached a 51-year low

Japan is one of the world's largest consumer and producer of steel. In April, sales of ordinary steel in the country "Rising Sun" has fallen to the...

Entrepreneurs appealed to the past in isolation Zelensky with a request to meet

Industrialists, entrepreneurs and employers urge the President to discuss the state of Affairs in the economy and to agree on urgent anti-crisis plan...

Shareholders ArcelorMittal was re-elected Lakshmi N. Mittal as CEO

the Annual General meeting of shareholders and extraordinary General meeting of ArcelorMittal shareholders, held on Saturday, approved all decisions...

German airline Lufthansa plans to cut 22 000 jobs

HR Director Lufthansa Michael Niggemann said that without mass layoffs, the company may be unable to get out of the crisis of the pandemic...

Ukraine will ban the construction of new solar power plants

the Government of Ukraine approved the draft Memorandum of understanding with the investors and producers of "green" electricity, which provides for...

Global steel consumption in 2020 will be reduced by 6.4% - Worldsteel

the Largest drop in steel consumption will be observed in the advanced economies, which slightly offset the growth in steel demand in China....

Worldsteel: ArcelorMittal retained the title of the largest producer of steel in the world

Earlier, Chinese state media reported that a leading metallurgical company in the world by the end of 2019 China was China Steel Baowu....

The European Union has sharply restricted imports of hot-rolled steel from other countries

will suffer the Most from the updated policy of quotas on imports of steel in the EU, Turkey and India. Other countries will face almost two-fold...

Mining and metallurgical complex of Ukraine shows a record decline

the Main reasons for this fall in addition to the global quarantine with increased state protectionism, reduction of prices and demand for steel...

Ukraine has lost a third of steel production and fell to 15th place in the ranking of Worldsteel

Ukraine in April went down from 12 th to 15-th place in the ranking of world steel producers, reducing the production of 30.9% compared to the same...

The United Arab Emirates has banned the export of scrap metal from the country from may 15

a Sharp increase in the deficit of scrap metal in UAE forced local authorities to ban the export of raw materials in four months....

The largest investment Fund in the world has sold the shares of mining companies

According to the press service of the Norwegian wealth Fund, to get rid of some of the stakes was very difficult and took a lot of time....

ArcelorMittal plans to issue additional shares to two billion dollars due to pandemic

the Company emphasizes that it does not need the money, but the growing uncertainty on the market may be cause for loss of financial stability....

A leading metallurgical company in the world suspends dividend payments

ArcelorMittal Board of Directors has deemed it appropriate to suspend dividend payments as long as the operating environment is not normal....

Wilbur Ross: US Transformer Steel Supply Threatens National Security

The administration of President Donald Trump is initiating a new wave of protectionism, this time in the market for energy equipment and components....

Steel production in Ukraine in April have fallen by 27%

According to preliminary data, the volume of steel production of the Ukrainian iron and steel companies in April has decreased on 20% in comparison...

The Swedes first in the world to conduct heating of the steel by hydrogen in the process of rolling

Company Linde Gas and Ovako AB expects to obtain environmental benefits from the use of hydrogen in the combustion process, noting that the only...

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