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