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ArcelorMittal Krivoy Rog is gradually increasing production and launching two more coke oven batteries

From 04/21/2024 to 04/24/2024 inclusive, the metallurgical plant in Krivoy Rog plans the next important step - the launch of coke oven batteries No....

The metallurgical plant "Kametstal" is mastering the smelting of high-quality billets

Last year, at the first stage, Kametstal successfully mastered the production of continuously cast billets with a cross-section of 160x160 mm with...

The ban on Russian nickel became a “growth driver” for prices on the London Metal Exchange

The US and UK governments have imposed sanctions that will ban the import of nickel produced in Russia - more than two years after the start of the...

China begins mass production of carbon-14 isotopes using a commercial nuclear reactor

This will end the country's almost complete dependence on imported carbon-14 isotopes...

Mining company Ferrexpo ended 2023 with a net loss of $84.8 million

The Ferrexpo report notes that despite the loss for the year, underlying EBITDA remained positive in 2023, but decreased by 83% to $130 million....

Shares of Norilsk Nickel and Rusal fell amid soaring prices for copper and aluminum

This contradictory behavior of securities of Russian companies is to blame for new US sanctions against Russian metallurgists....

Worldsteel forecasts broad-based steel demand growth of 3.5% per annum

The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members from all major steel...

China condemns EU attempts to justify anti-dumping practices

On April 10, the European Commission published an updated report on significant government distortions in the economy of the People's Republic of...

German industry may not recover from energy crisis

As a survey conducted by the German Chamber of Commerce and Industry last September showed, 43% of large industrial companies intend to move their...

ArcelorMittal Zenica will close its coke plant

However, the company will continue to produce steel using the blast furnace method, purchasing coke from external sources...

The global automotive market will grow by 12% in 2023

The largest number in this volume were passenger cars - 65.3 million units (+11.3%). Sales of commercial vehicles increased by 13.3%, to 27.4 million...

Xiaomi launched its first NEV car

Xiaomi Corporation introduced its first electric car and plans to become the world's leading automaker within 15-20 years, competing with Tesla and...

Slovenské elektrárne closed its last coal-fired power plant in Slovakia

After almost 60 years of operation, TEC Vojany in eastern Slovakia, burning hard coal, is ending its operation today....

The EU market for new passenger cars increased by 10 percent

In just the first two months of 2024, more than 1.7 million new passenger cars were sold in the EU, which is 11.2% more than in the past....

OJSC MMK-METIZ, with the support of the Federal Investment Fund, opened a new production of fasteners and wire

The main strategic goal of OJSC MMK-METIZ is the creation of a high-tech complex for the production of modern types of metal products....

Belarusian steel plant plans to double steel supplies to Africa

Last year, Zhlobin metallurgists shipped about 140 thousand tons of metal products to the African continent, and by the end of 2024 they intend to...

Imports put strong pressure on rolled metal prices in Europe

Prices for flat-rolled steel in Europe fell this week due to increased import activity, forcing European producers to adjust their offerings to...

The closure of the Port of Baltimore after the collapse of the Francis Scott Key Bridge has not yet affected coal prices

The stoppage of about a third of all coal exports from the United States, as a result of the closure of the port of Baltimore, did not immediately...

Steel finds itself at the center of political debate in the United States during an election year

The outcome of the US presidential election and the prospect of lower interest rates later this year are likely to have a decisive impact on demand...

Baltimore bridge collapse will block coal exports

Last year, the United States exported about 74 million tons of coal, with Baltimore being the second-largest terminal for the commodity....

Global DRI production surged in February

By far, the world's largest producer of DRI was India...

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....

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