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China raises duties on American goods by $ 60 billion

In response to Washington's increased tariffs on Chinese goods, Beijing has taken similar action and increased tariffs on US products totaling $ 60...

ArcelorMittal prepares to further cut steel production in Europe

The largest steel company in the world notes the weakness of the European steel market and the worsening economic situation in the EU heavy...

Steel production in CIS countries in April 2019 decreased by 3.7 percent

According to the World Steel Association Worldsteel, steel smelting in the CIS in April 2019. amounted to 8.203 million tons....

Severstal believes that VTB Capital's forecast for the Russian market has become twice as high

Alexander Shevelev, General Director of the Russian metallurgical company PJSC Severstal, said that VTB Capital's forecast for metal consumption,...

China-US trade war crashes steel prices in Taiwan

The largest metallurgical company in Taiwan announced a forced decline in prices for steel and metal products amid falling demand in both the...

Indian steel: optimism amid election results

Traders and distributors have been stocking up this week in anticipation of price increases following the announcement of the election results....

Canada has promised to urgently ratify the USMCA agreement

The USA and Canada canceled mutual duties on steel and aluminum, which were introduced in the summer of 2018....

EU steel imports growth declines sharply in Q1 2019

The beginning of 2019 was marked not only by a significant reduction in the growth of imports of foreign steel, but also by significant changes in...

Brazil's only blast furnace shut down

The largest metallurgical company Arcelor Mittal has stopped operation of the only blast furnace in Brazil and is returning the leased equipment to...

German Thyssenkrupp will look for new partners in the metallurgical business

The largest metallurgical company in Germany has abandoned plans to create a joint venture with India's Tata Steel in favor of developing its...

ArcelorMittal announces significant drop in earnings due to low steel prices

ArcelorMittal, the world's largest steel company, said Thursday that its first-quarter net profit fell due to falling prices, while competition from...

China's steel and iron ore weakening amid renewed trade tensions

Chinese steel and iron ore futures fell on Wednesday after hitting multi-week highs in the previous session as the market remains concerned about...

USA: Winners and Losers in Trump's Trade War with China

President Trump's trade war with China has sparked global retaliation, and the rise in protectionism that has followed has had a significant impact...

MEPS predicts new record for stainless steel production

British analysts predict that global stainless steel production will rise to nearly 53 million tonnes this year....

Rusal: global demand for aluminum will grow by 3 percent

One of the world's largest aluminum producers, the Russian company Rusal, analyzed the state of the aluminum market in the first quarter and made a...

China Iron and Steel Institute warns of difficult times for metallurgists

CISA predicts lower demand for iron and steel in China due to structural changes in the world's second largest economy, and insists that the...

Indian Railways expect steel demand to skyrocket

State monopoly Indian Railways expects its demand for steel rails to grow by more than 38% in April 2019 - March 2020...

Worldsteel announced 2019 Sustainable Development Leaders

The World Steel Association announced the 2018 sustainability leaders among steel companies in the world on Tuesday....

Steel exchange prices in China are close to historic highs

Shanghai steel futures in China rose to a 7.5-year high on Monday, supported by strong demand and expectations that the government will strengthen...

Nickel supply interruptions expected in China

Concerned about nickel supplies, Chinese battery manufacturer BYD welcomes discussions on joint ventures....

Metals prices will rise amid falling dollar

Zinc raw material prices are falling due to growing supply problems; copper prices are rising amid falling dollar....

Britain stops production of Jaguars

Jaguar Land Rover temporarily suspends production in the UK due to uncertainty over Brexit....

The creation of the largest European metallurgical enterprise will continue

India's Tata Steel says it supports the "industrial" logic of forming a joint venture with Germany's ThyssenKrupp....

Iron ore prices may rise to $ 100 per ton

The cost of the rock has once again increased on the back of statements by BHP and Rio Tinto to cut production....

Steel mills in northern China cut production

In the two largest steelmaking urban districts of the PRC - Tangshan and Handan, steel production continues to decline. The measure is scheduled for...

China's refined copper imports to drop nearly 15 percent in 2019

China's imports of refined copper will decline 14.7 percent this year as domestic metal production surged, research firm Antaike said Friday....

Norsk Hydro suffered colossal losses in recent cyber attacks

AIG, a global insurer, spoke about this at a press conference. Also, the American manufacturers of resins, silicones and other materials Hexion and...

The steel industry will not be able to cut carbon emissions without dramatic changes

The high growth rates of the economies of developing countries provoke an increase in demand for steel, and the requirements for the quality of the...

Palladium is rapidly rising in price due to possible sanctions against the Russian Federation

Palladium nearly reached a record high in the spot market amid risks of a possible ban on supplies from Russia....

China iron ore exchange prices rise 3 percent

Quotes jumped amid a possible disruption in iron ore supplies from Vale....

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