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The steel market has bottomed out, said Metinvest CEO

Every time this happens, some of the weaker players go out of business and consolidation to happen, and that is what is happening now, says Yuriy...

Zaporozhye plant of ferroalloys informed about the fulfillment of the plan production and implementation

In the nearest plans of our company - gradual expansion of production. And in 2020 year this is the premise: the world's growing demand for...

The decline in exports of ferrous metals from Russia accelerated in November to 11%

during January-November 2019 ferrous metals export from Russia amounted to 37,575 million tons....

Interpipe has reduced steel production in 2019 is 12%

Interpipe has reduced the production of steel and pipes, but increased the production and sales of railway products....

The Verkhovna Rada of Ukraine supported the withdrawal of the scrap metal market out of the shadows

the bill provides for the elimination of unnecessary bureaucratic procedures and requirements to the points of reception of scrap metal, and will...

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....

Dneprovskiy metallurgical plant has reduced production of steel in 2019 almost 15%

September 2019 metallurgical plant in Kamensk worked one of the three blast furnaces - No. 1M, in November, was blown DP-9, at the end of December -...

USA slapped sanctions on steel industry of Iran

Iran seeks to become the seventh largest steel producer in the world by 2025, with plans to reach a total annual output of steel production to 55...

Dneprovsky iron and steel works announced the transition to the final stage of blowing of blast furnace No. 12

the company said that they plan to attain the planned performance of blast furnaces by mid-January....

The largest metallurgical company of China Baowu may have become the world's largest

Baowu in 2019 joined their productive assets two major Chinese company Maanshan Steel and Chongqing Steel's total capacity of about 30 million tons...

PJSC "Zaporizhstal" steel works reduced steel production in 2019 2.5%

Third in terms of production of steel products the steel plant in Ukraine slightly reduced in 2019 the production of the main types of metal...

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...

Argentine company bought the Russian TMK steel in Houston for a billion dollars

pipe Metallurgical Company (TMK) announced that it completed the sale of 100% of shares of IPSCO Tubulars Inc. Tenaris....

Metallurgists of the "red October" has increased the number of daily heats with the usual 7 to 10

over the last few months in the steelmaking plant # 2 was to increase the number of heats of steel with the usual 7 to 10 daily. Last Friday and...

The works for 2019 shipped on the Dnieper river about one million tons of metal

iron and steel works "Zaporizhstal" steel works increased its steel products shipment to consumers via river port in 2019 at 36 percent....

"ArcelorMittal Kryvyi Rih" has started hot testing solernou line at light-section mill No. 250-4

the Use of rebar in coils provides significant savings to consumers, since the cutting of reinforcing bars such waste is virtually eliminated....

Dnipro steel blew the third blast furnace

new year DMK began to work with 100-priozernoe downloading its steel capacity, although only a couple of months ago was on the verge of a shutdown...

Metinvest established a training simulator "Gasman of blast furnace"

the Simulator simulates the features of the equipment and processes of each enterprise, even duplicate their individual screens APCS....

Malaysia imposed anti-dumping duties on steel imports from China and 4 other countries

In a statement the Ministry of international trade and industry of Malaysia said that steel imports were set at prices below the sales prices in...

India intends to capture 60% of market utilization of military and civilian ships

the contribution of the ship recycling in India's GDP will rise to 2.2 billion U.S. dollars from the current 1.3 billion U.S. dollars after the...

British billionaire Sanjiv Gupta buys U.S. steel company, Bayou Steel Group

the Company of Sanjeev Gupta Liberty Steel is planning to expand its presence in the U.S. market, increasing the steel production in this country to...

Ukrainian metallurgical companies to "hold" a refund of 80% of VAT

the Current situation looks like sabotage against the government, including against the principles of business support, declared the President of...

Metinvest will continue upgrading sinter plant at Mariupol despite the "severe crisis"

Maximum adaptability with minimum impact on the environment is a big goal of upgrading the sinter plant at Ilyich iron and steel works of Metinvest...

The global market is the limited growth of prices for ferroalloys

at the same time the application expert, the price increase wore partly speculative....

INTERPIPE has completed a digital project to create Smart warehouses

This decision makes the European market – the most demanding in the complexity of equipment, speed and accuracy of deliveries....

In Murmansk will re-melt old ships for new balls

Murmansk oblast has become a pilot area of the Federal project to raise sunken vessels and processing them for scrap....

Interpipe has improved its financial results due to growth in demand for railway products

the Company of Victor Pinchuk for 9 months of current year has increased revenue and EBITDA, despite the General downturn in the global pipe market....

The index of metallurgical production decreased by 7%

the Index of industrial production in Russia in November 2019 compared to the corresponding period of the previous year amounted to 100.3% in...

China announced a sharp increase in steel prices in November

Faced with the downward trend in consumer demand in the off-season, the steel industry should actively adjust the industrial structure, to...

Turkey has reduced steel production in November by 8%

the Largest drop was observed in the smelting of electric steel production....

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