Rising demand in the EU and modest recovery in the US and Japan will put limited upward pressure on global steel prices in 2025....
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China and the EU confirmed their intention to resolve the dispute over electric vehicles through dialogue
The parties also exchanged views on the investigations into the application of trade protection measures initiated by China in relation to certain...
China's alumina price reaches new all-time high and will remain high in the near term
Supplies from Guinea, China's largest supplier of bauxite, have been hit by disruptions over the past few months, first due to unfavorable weather...
Chinese economic stimulus measures lead to higher steel prices
The recent rise in steel prices in China has prompted steelmakers in other parts of the world to step up their own higher bids....
Chinese electric vehicle technology opens up opportunities for development - Hungarian minister
As M. Nagy emphasized, Europe must accelerate the green transition in the automotive industry, which will also help increase the competitiveness of...
POSCO will supply specialized steel for the European hyperloop
South Korean POSCO became the first company in the world to supply specialized steel for the European Hyperloop Center test site...
Tata Steel commissions India's largest blast furnace
Tata Steel's new Kalinganagar coking plant in the eastern Indian state of Odisha is unlikely to meet immediate demand for metallurgical coal given...
Chinese metallurgists expect an increase in demand for steel in the last quarter of this year
The largest metallurgical company in China believes that the market situation in the third quarter of this year is not in favor of metallurgists and...
POSCO reduced steel production while increasing operating profit
South Korean steelmaker Posco reported lower crude steel production and sales in the second quarter due to a blast furnace refurbishment in Pohang,...
Thermal coal exports from Russia to South Korea are ahead of supplies from Colombia
In July, Russian thermal coal exports to South Korea exceeded supplies from Colombia for the first time in two months, as high transport costs and...
Steel demand in China's manufacturing industry rebounds to record levels
In the first half of the year, additional capacities for the production of metal structures in China will come into operation...
China conducted test mining of polymetals from the seabed at a depth of four kilometers
China's heavy-duty deep-sea mining vehicle has completed sea trials at a depth of more than 4,000 meters, the Shanghai municipal government said on...
Chinese automaker will ask the European Commission to hold hearings on tariff measures against Chinese electric vehicles
The European Commission intruded on commercially sensitive information during its anti-subsidy investigations, including by requiring the company to...
Russia and China announced cooperation in the field of mining and metallurgy
The Russian Steel Association and the Chinese Chamber of Commerce for the Import and Export of Metals, Minerals and Chemicals signed a Memorandum of...
The evolution of Chinese steel mills: from robots to peacocks
Robots manage everything, there is no lighting in the production area, peacocks and sika deer walk around the plant... This is the picture that...
Xi Jinping received a warm welcome in Serbia, where the Chinese leader spoke about the “inevitability of expanding investment”
The Chinese leader's comments come as tensions between Beijing and Brussels rise, with Western European leaders calling on Xi's government to stop...
BMW will invest an additional $2.8 billion in production base in northeast China
In 2026, the first NEUE KLASSE models will roll off the assembly line in Shenyang - a completely new generation of BMW cars...
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...
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...
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...
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....
A rocket street will appear in Beijing
To accelerate the development of the commercial aerospace industry, Beijing will continue to devote resources in aerospace science and technology to...
Korea lifts import tariffs on some stainless steel rods
Duties on stainless steel rods from Japan, India and Spain were last extended on January 22, 2021 for the fourth time in three years at rates of...
Coal production in China is breaking records, and its imports have increased by 60%
The Chinese economy is in no hurry to abandon coal, setting new records in its production and consumption....
Tata Steel sales in India hit record high
Sales in India grew 3% for the year and 1.2% for the quarter. Domestic sales increased 10% for the year and 3% for the quarter. Indian operations...
China sets a new record for car production and sales
Car sales in China grew by 27.4% in November 2023...
Volkswagen will launch a base-level electric vehicle platform aimed at the Chinese market in 3 years
The German automaker's total investment in China will exceed a billion dollars, and the new industrial park will employ more than 3,000 people....
China rejects EU accusations of exporting excess electric vehicle capacity
Following accusations of overcapacity in the steel market, China is facing accusations of overproduction of electric vehicles, which could lead to...
China's scrap steel supply will rise in the fourth quarter as consumption rises
Based on an expected scrap steel utilization rate of 30% in China's steel sector by 2025, the Metallurgical Mining Association of China (MMAC)...
China will become the world's largest car exporter in 2023
If in 2001 the volume of automobile exports from China in value terms was only 1.56 billion US dollars, then in the first eight months of this year...
