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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 talking...

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 and...

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....

The head of the IMF hopes for a global policy response to mitigate the impact of coronavirus

Kristalina Georgieva said during the Munich security conference that policy makers need to do what people do: pray for the best and prepare for the...

Association of ferrous metallurgy of China said on critically low stocks of raw materials in the factories

steel industry of China have reserves of raw materials for five days. Railways and motor transport are working intermittently due to the coronavirus....

Chinese steelmakers remained without Mongolian coke due to coronavirus

Mongolia until March 3, stopped all exports of coal to China due to the spread of the coronavirus. It can take place in the Russian Federation....

ArcelorMittal reported a net loss of $ 2.5 billion USD

However, in the largest metallurgical companies of the world see signs that steel consumption in major markets will grow in 2020....

Steel production in Ukraine in January 2020 rose by 13.3%

a Sharp drop in the production of steel and cast iron, began in October last year, in January, switched to growth, but the market still see no reason...

Eurofer: problems of the European steel market will last until the second half of 2020

the European steel Association Eurofer waits for a turn to growth of consumption in the steel market until the second half of 2020. And not because...

Global steel production in 2019 increased by 3.4%

The biggest surprise of the past year was the 30% increase in steel production in Iran, which is under US sanctions....

Trump again used the law of 1962, to limit imports of metals in the US

this time in Washington under the pretext of protecting national security imposed duties not only imports of steel but also of finished products...

"Ukrmetallurgprom" said data, steel production in Ukraine in 2019

the head of the Association Oleksandr Kalenkov claims that in 2019 the metallurgical industry of Ukraine entered the worst crisis in the last 15...

The Metinvest expects growth in demand for steel products in Ukraine by 3% in 2020

"We do not expect any breakthrough consumption on the Ukrainian market", - said General Director of "Metinvest" Yuri Ryzhenkov,...

Due to the outbreak of an unknown virus in China, falling steel prices

the Incipient recovery in steel prices in China early in the year was aborted after reports of an unknown to science deadly virus and possible...

Zaporizhstal orders for the four months ahead – CEO

How will be further — it is very hard to predict, the market situation remains very difficult, said Alexander Mironenko....

China Association of ferrous metallurgy reported an increase in prices and demand in the global steel market

Global index of base prices for steel Steel House in January amounted to 104,3 item increased by 0.2% compared to the previous month....

The loss of metallurgical industry of Ukraine in 2019 amounted to $ 27.8 billion

this was stated by the Minister of economic development and agriculture of Ukraine Tymofiy mylovanov, with reference to calculations of the National...

American steelmakers have raised their steel prices on expectations of a quick deal between the US and China

Long-term trade deal between the U.S. and China introduced to the public in December 2019 does the long-term prospects for the steel industry...

According to preliminary data, the steel production in Ukraine in 2019 fell to 1.3%

the Fall of steel production in Ukraine totaled in 2019, according to preliminary data, about 1.3%, that is still not like a "systemic...

CISA: New year in the market of steel begins with rising prices

Based on the expectations of the majority of industries in relation to the steel market in the next year and a cyclic trajectory in steel prices,...

Unbundling "Naftogaz" will cost the Ukrainian MMC in 567 million hryvnia

Additional financial burden on the MMC of Ukraine after the adoption of the tariffs for distribution of gas will reach 567 million hryvnia,...

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