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China promises to continue the program to reduce outdated steel production capacity and coal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

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...

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...

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...

Bosch predicts fall in world car production in 2020 by 20%

the German automotive supplier still in the beginning of the year, said the global auto industry reached its peak production....

Profit of the largest manufacturer of steel in China fell by 43.6 percent

Chinese steel makers expect a further decline in revenues due to weak demand and high iron ore prices....

Ukraine in the first quarter of 2020 climbed to 11th place among steel-producing countries

The drop in steel production in Italy in March 2020 allowed Ukraine to push this country to the 12th place in the global ranking of steel producers....

The demand for steel in Ukraine in the beginning of the year grew 20% amid falling imports 11%

Before the pandemic on the steel market of Ukraine showed the positive growth trends in domestic consumption on the decline in procurement of steel...

Worldsteel: a Pandemic will affect the demand for steel is less than the financial crisis of 2008

the world steel Association believes that after the quarantine, most countries will quickly restore its industry....

Steel production in Ukraine in the first quarter decreased by 3.4%

In the first quarter of 2020 the Ukrainian steel industry reduced the production of iron and steel, but increased the production of finished steel...

S & P Global Ratings has downgraded the rating of Tata Steel to the speculative "B+"

Analysts are disappointed by the company's financial condition, which was worse than expected even before the pandemic. Now in S & P say...

The market considered the deal OPEC+ reduction of oil production of one dollar

two weeks after the completion of the agreement with Saudi Arabia on the reduction of production Russia returns to deal OPEC+, preparing to cut the...

OPEC + and country "big twenty" was not ready to agree on reducing oil production

the Ministers of energy of G20, from which the market was waiting for the pooling of efforts with the OPEC countries+ to reduce oil production, ended...

Fitch downgrades ArcelorMittal SA to "BB +"; Outlook Negative

the Agency expects to reduce the demand for steel and falling prices for metal, followed by reduction at the beginning of 2021....

ArcelorMittal has declared force majeure on supply of steel in South Africa

a three-week lock movements across the country had a negative impact on the South African branch of one of the world's largest steel producers....