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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...

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....

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