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Ferrexpo has settled a financial dispute with one of its suppliers

According to the company's press release, the amount of debt declared by Oxygen LLC under the supply agreement is UAH 2.2 million (about $58...

Европарламент одобрил компромисс по лимитам выбросов Евро-7

Новые правила, еще требующие окончательного официального одобрения странами ЕС, будут применяться к легковым автомобилям и микроавтобусам с июля 2030...

Rheinmetall планирует открыть в Украине как минимум четыре оружейных завода

В компании заявили, что планируют наращивать производство артиллерийских снарядов, поскольку европейские союзники пытаются увеличить производство,...

Перспективы рынка плоского проката в США неопределенны в связи с запланированными простоями заводов

Ожидается, что предстоящие плановые остановки технического обслуживания на различных сталелитейных предприятиях США окажут незначительное влияние на...

Due to the Suez crisis, steel transportation costs are still 150% higher

All major container shipping companies continue to avoid the Suez route....

Thyssenkrupp creates low-emission tug fleet

Thyssenkrupp Veerhaven, the logistics subsidiary of Thyssenkrupp Steel Europe based in Rotterdam, commissioned the design of an environmentally...

ArcelorMittal agrees to buy 28% of Vallourec shares

ArcelorMittal has agreed to acquire 28.4% of French pipe maker Vallourec for approximately 955 million euros ($1.09 billion)...

The US introduces preliminary duties on aluminum profiles from China, Indonesia, Mexico, Turkey

Duties vary from 1.45% to 169.66% depending on the country....

EU imports record amounts of Chinese-made steel

Import of cast iron and steel reached in 2023 3.77 million tons, the highest tonnage since 2016...

The EU allocated 3 million euros for the laid-off German employees of Vallourec

The European Commission has offered to support workers laid off in the German steel industry...

Most of Metinvest's steel products are sold in the European Union

Metinvest sold more than half of its products in the EU in the first half of 2023....

Volkswagen increased revenue by 15.5% in 2023, expects growth of 5% this year

Vehicle deliveries last year increased by 11.8% and reached 9.24 million, including electric vehicles - by 35%, to 771 thousand. In Europe, total...

Production of lithium-ion batteries in China increased by a quarter

Last year, China's total lithium-ion battery production exceeded 940 gigawatt-hours (GWh), worth about US$200 billion....

Last year the Belarusian Iron and Steel Works mastered 128 types of new metal products

In 2023, BMZ mastered 128 types of new innovative products and shipped 190 types of such products...

Financial support for Poland from the EU could revive the Central European steel market

The Eastern European country's steel industry could benefit from increased production activity if the Polish government manages to secure nearly 60...

Chinese investment in electric vehicles sets a new record

China could produce 10 million more vehicles per year, equivalent to two-thirds of all North American production in 2022....

BHP extends March iron ore discounts

Australian iron ore miner BHP has increased discounts on its Jimblebar Fines (JMBF) and Mining Area C Fines (MACF) forward contracts, while narrowing...

Ukraine resumed electricity trade with Hungary for the first time in 2 years

This is the first export of Ukrainian electricity to EU countries since February 2024....

Ukrainian railways want to resume sales of scrap metal

Ukrzaliznytsia will continue to sell scrap metal after determining the procedure for approving the Cabinet of Ministers - the procedure for the sale...

Global steel production fell by almost 2% in January 2024

The drop was mainly due to a decrease in smelting in China and other Asian countries. The largest growth was demonstrated by the countries of the...

DTEK machine builders have released the second roadheader of a new line

Its weight is almost 55 tons - 20% more than previous models, and the electro-hydraulic part is made using components from leading European...

Ukraine reduced exports of uranium-containing ores by 2.4 times

According to statistics released by the State Customs Service (SCS) on Friday, in monetary terms, exports of titanium-containing ores and concentrate...

The rise in steel prices in Europe did not take place due to low demand

European buyers were not willing to significantly replenish stocks from local or foreign suppliers. The average distributor doesn't even buy at lower...

Thyssenkrupp will supply Siemens with low-CO2 electrical steel

Siemens Energy will produce 700 transformers from Thyssenkrupp steel at its plant in Weiz in Austria....

Thyssenkrupp announces tender for hydrogen supply for DRI plant

The first use of hydrogen in factories is planned for 2028....

Metinvest reduced steel production, but increased mining and processing of iron ore raw materials

Since August 2023, a sea corridor began to operate for merchant ships traveling along the Black Sea from or to Ukraine, which, in particular,...

Steel market fundamentals are changing in Europe - Argus

Changes to EU steel protections could further push up the premium for Italian HRC as the cheapest import options in recent months could end up...

Von der Leyen proposes exporting green steel from Mauritania to the EU

European business mission will visit Mauritania in March to explore investment opportunities...

Eurofer has lowered its forecast for steel consumption in 2024

With weak steel demand in 2023, the market share of imports in total consumption in Europe remained high....

Rolled metal production at Zaporizhstal increased 2.6 times

The increase in production levels in January 2024 compared to the same period last year is due to the removal of blast furnace No. 2 from hot...

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