The net profit of Magnitogorsk Iron and Steel Works Group (MMK) in January-June 2025 decreased to 5.6 billion rubles, which is almost nine times less...
Ferrous metallurgy
ArcelorMittal Poland prepares to shut down blast furnace No. 3 amid growing steel imports
ArcelorMittal Poland, the country's largest steel producer, announced the temporary shutdown of blast furnace No. 3 at the plant in Dombrowa...
Scrap exports from Ukraine have increased by 63.4% since the beginning of the year.%
According to the results of June 2025, the Ukrainian scrap industry increased exports of ferrous scrap by 115.2% compared to June 2024, and by 66.8%...
Interpipe supplies pipes for a high-altitude engineering project in Switzerland
The Ukrainian industrial company Interpipe has become a supplier of seamless pipes for a large-scale engineering and architectural project in the...
Attacks in the Red Sea are hindering the restoration of safe sea routes
The sinking of two cargo ships in the Red Sea put an end to the previous hopes of steel importers that the busy shipping route would return to normal...
relentless increase in electricity prices will lead to the destruction of Ukraine's economy-Ukrmetallurgprom
Currently, electricity prices in Ukraine are among the highest in Europe and the process of increasing them does not stop, which creates risks for...
Polish JSW has launched a project to produce hydrogen from methane
Jastrzębska Spółka Węglowa (JSW), the largest producer of coking coal in Europe, has officially launched the ambitious METH2GEN project aimed at...
Ukraine is once again among the 21 largest steel producers in the world
Global steel production in January-June 2025 amounted to 934.3 million tons, which is 2.2% lower than in January-June 2024 (955.4 million tons),...
In January-June, Ukraine increased imports of long rolled products by 63%
In January-June 2025, the long–rolled metal market in Ukraine showed a significant increase in imports – by 62.6% compared to the same period in 2024...
Centravis invests $14.5 million in pipe production for CCS and precision industries
PJSC Centravis Production Ukraine (Centravis Production Ukraine, Nikopol, Dnipropetrovsk region), part of Centravis Ltd. holding, presented at the...
India's steel giant is fighting imports by investing in its own facilities
Indian steel company JSW Steel will allocate 20,000 crores of rupees ($2.4 billion) for capital expenditures in 2025/2026. A significant part of them...
Prices are not going up: scrap is suffering from weak demand and currency fluctuations
The recycled steel (scrap) market continues to feel the burden of macroeconomic instability this year. This is stated in a report by World Mirror, a...
EU begins consultations on future steel import guarantees
Following the UK, the European Commission has begun consultations on legislation that will replace the existing steel import protection mechanisms,...
Rio Tinto reports the highest level of iron ore production in the last 7 years
In the second quarter of 2025, Rio Tinto mining company achieved the highest level of iron ore production in the Australian Pilbara region since...
Euroquotes have buried the hopes of saving Liberty Steel plants
Liberty Steel's plants in Luxembourg (Dudelange) and Belgium (Liege) appear to be nearing final closure. More than two years after the shutdown,...
The Metallurgical Plant of Russia announced a landslide drop in steel output
Magnitogorsk Iron and Steel Works, one of the largest in Europe and the second largest in Russia, announced a sharp drop in production. So, against...
Canada raises tariffs on steel from China and other countries except the United States and Mexico
Canada is strengthening its tariff quota system for steel imports to soften the impact of U. S. tariffs on its steel industry. The response measures...
Metallurgists are sounding the alarm: revenue from ore exports has fallen by 20%
According to the results of the first half of 2025, Ukrainian producers of iron ore dropped out of the top three largest exporters of the country:...
British importers have become outraged by the tightening of trade protection measures
Steel importers in the United Kingdom expressed outrage at the sudden application of tough new trade protection measures in a conversation with...
Ukraine has increased imports of flat rolled products
During January-June 2025, 554.05 thousand tons of flat metal were sent to the Ukrainian market, which exceeds the figure for the same period in 2024...
Interpipe invests $120 million in modernization of railway production by 2032
The Ukrainian industrial company Interpipe plans to invest $ 120 million in the modernization of railway production facilities. The company presented...
Iron ore prices exceeded $100 per ton
Iron ore futures in Singapore rose 1.1% to $100.10 per tonne, breaking the psychological mark of $100 for the first time since May. The growth has...
UZ has announced a framework agreement for the supply of rolled metal products until the end of 2026
Ukrzaliznytsya JSC announced its intention to conclude a framework agreement in the Prozorro system for the supply of rolled metal products by the...
Vitol has signed a multi-year metal deal: $240 million for Brazilian ore
Vitol Group has signed its first multi-year financial agreement in the metals sector, as the energy trading giant is actively expanding its presence...
Recycling as the key to decarbonization: BIR's position on green steel
The Bureau of International Recycling (BIR) has called for a fair and evidence-based approach in developing standards for "green" steel...
German industry is inferior to China
German exporters have lost significant positions in global markets since 2021. This is stated in the latest monthly report of the central bank of...
Uncertainty over new tariffs is "killing" US steel demand
President Trump's announcement of potential new tariffs that exceed the initial "reciprocal" rates announced on April 2 Release Day...
China reduced steel output by 9.2% in June%
China reduced steel production by 9.2% in June compared to the same month last year, to 83.18 million tons, according to the country's State...
Ukraine to spend $100 million to repair port infrastructure
Ukraine is attracting more than one hundred million dollars of its own funds for the implementation of important projects in ports. This was stated...
Exports of rare earth metals from China increased by 60% in June%
Exports of rare earth metals from China increased significantly in June, continuing the upward trend compared to the previous month and the same...
