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Vale: weak demand for steel will hit the price of ore

the Largest mining company in the world said to stop about 30 million tons of steelmaking capacity in Europe, USA and Asia....

Ukrainian steel production for March decreased by 9%

Metallurgical enterprises of Ukraine in March 2020 has reduced production of steel, pig iron and finished steel products....

ArcelorMittal will cut steel production in response to the spread of the virus COVID-19

global escalation COVID-19 and the measures taken by governments around the world to actually locate the virus, have a negative impact on economic...

S&P Global Ratings lowered its forecast for global growth to almost zero

Risks to the baseline forecast remain firmly negative, as the translation of health outcomes in economic variables is still uncertain....

Coronavirus greatly distorted world markets of stainless steel

Uneven removal of restrictions on production and supply in different countries can have long-term implications for regional and global stainless...

WTO: the Decline because of the coronavirus will be worse than in 2008

experts of the world trade organization expect a sharp reduction of international trade....

In the world financial markets grow optimistic mood

the Senators and representatives of the administration trump has reached agreement on a bill to stimulate the economy by $ 2 trillion, which is...

Global steel production in February 2020 rose 2.1%

Growth of smelting came from China, despite the peak of the epidemic of the coronavirus, according to the local Association of ferrous metallurgy...

Steel stocks in warehouses in China for the first time in several months began to decline

Chinese industry gradually return to normal production after the Central government significantly weakened the logistical constraints....

Copper per day fell by almost 8% and costs less than $ 5,000 per ton

Copper has always been an important indicator, "health" of the global economy and the forerunner of the movement of shares on the stock...

The European Commission intends to deepen economic integration with Ukraine

the offer of long-term political goals of the Eastern partnership for the period after 2020 is aimed at expansion of trade, strengthen ties and...

At Deutsche Bank predict prolonged fall in stock markets

At Deutsche Bank believe the coronavirus more serious threat to the global economy than the financial crisis of 2008....

World steel Association has closed its offices due to coronavirus

All employees of the World Steel Association will work remotely by responding from home via e-mail....

Tokyo Steel for the first six months reduces the price of steel because of the pandemic

the Company decided to reduce prices in order to prevent the flow of cheap imports from China have accumulated a record inventory of steel during an...

Washington may cancel the portion of the tariff on metals in the fight against the coronavirus

the United States is considering the removal of tariffs with China as part of its economic response to the virus, but some in Congress and the...

The us stock market is experiencing the worst trading day in its history

Shares on wall Street fell to a record low. It seems the pandemic has the potential to cause more damage to the world economy than the financial...

Pandemic topple stock markets

Dow Jones fell by 5.86%, the British FTSE 100 fell by 1.52%, France's CAC 40 gained 0.57 percent, Germany's DAX down 0.37 percent....

The European Commission presented a new strategy of industrial policy of the European Union

the Strategy aimed to improve European competitiveness and expand the strategic autonomy of the unit in a difficult geopolitical situation and...

Saudi Aramco has offered to buyers of oil, the highest discount for the last 20 years

Saudi Arabia intends to "put" the world price of oil in response to Russia's withdrawal from the agreement OPEC +. On the market...

ArcelorMittal will test the price of 520 euros per ton for hot rolled coil in Europe

the Company Lakshmi Mittal can open greater access to the European market to import hot rolled steel from Asia, as at the moment, offers from this...

IREPAS: the steel market is at the bottom in a state of relative equilibrium

Almost zero margin may cause the collapse of the market, if scrap prices and iron ore prices seriously drop, noted in the International Association...

ArcelorMittal is no longer the largest steel company in the world

Created in 2016 China Baowu Steel Group has become in 2019 the world's largest company in the steel industry....

Metinvest says that the coronavirus is threatening the ongoing recovery in the steel market

the Key threats to the steel market are the outbreak of coronavirus and political instability in the middle East....

The OECD expressed "extreme uncertainty" growth prospects of the global economy

the Decline in production in China is felt throughout the world, reflecting a key and growing role in Beijing's global supply chains, tourism...

Steel production in China last week declined 5.4%

the China Association of ferrous metallurgy this week urged local businesses to reduce production of steel, to reduce the risks of overproduction...

Chinese car sales plunge 92% in first half of February due to coronavirus

The fall in auto sales in China this year was expected even before the outbreak of the coronavirus due to economic slowdown and trade tensions....

Reuters: coronavirus threatens to send the Asian economy into recession

the Restriction on the movement of goods and people affects the economies of Asia, which was at the epicenter of the spread of the mysterious...

Platts: 35% of the steel mills in China have cut output due to problems with the supply of raw materials

More than one-third of Chinese steel mills are considering the possibility of reduction in steel production due to mounting inventories, raw...

Milovanov: metallurgical industry of Ukraine showed strong growth early in the year

the results of Ukrainian metallurgy in 2019 was affected by logistical challenges and problems in external markets, the Minister said....