Iron ore price rises to $150 after China changes environmental targets

China's steel sector sets new deadline for peak emissions, jeopardizing overall environmental targets...

The US and Japan are preparing an agreement to eliminate Trump's tariffs on steel

The truce does not apply to aluminum imports, which are still subject to a 10% duty...

Mariupol plants brought 38 new types of Ukrainian rolled metal products to the international market

Mariupol's metallurgical plants mastered 38 new types of metal products last year, the company Metinvest, which manages the plants, said. Among the...

French government backs €1.7bn decarbonization plan for ArcelorMittal

The European Union's largest steelmaker will accelerate decarbonisation in France with a €1.7 billion investment program backed by the French...

British Parliament to develop plan to decarbonize the steel industry

The House of Commons Environmental Audit Committee has initiated a study on Green Steel amid growing calls for the sector to reduce emissions....

Ukraine in January increased steel production and reduced iron production

Steel production in Ukraine in January increased by 0.9%, the output of finished metal products - by 0.5%...

Metinvest increased annual iron and steel production by 15%

In 2021, the production of pig iron, steel, finished metal products, iron ore concentrate and commercial semi-finished products increased at the...

ThyssenKrupp sold its stainless steel business to an Italian company

The German industrial giant continues to restructure its business....

Reduced supply will lead to higher steel prices

Major steelmakers in Asia and China are also cutting production...

Japan reduced the export of scrap metal by 22%

The decline in Japanese scrap metal exports in 2021 is due to strong domestic demand from steelmakers in electric arc furnaces, which sought to make...

Nearly 50 steel industry leaders jailed in China

Steel company officials found guilty of falsifying air pollution data...

Metallurgical plant Zaporizhstal began to produce seven new types of coiled steel

In 2021, the Zaporizhstal plant of the Metinvest Group mastered the production of seven new types of hot-rolled and cold-rolled coils for key foreign...

China's metallurgy sector prepares for the aftermath of the Winter Olympics

The opening of the Olympic Games in China is preceded by the celebration of the Chinese New Year...

Metinvest launches production of over 50 new products in 2021

In 2021, the metallurgical enterprises of the Metinvest Group launched the production of 54 new types of products, including the result of a joint...

Global steel prices are forecast to remain high in 2022

The record highs reached in the summer of 2021 took many by surprise...

Power outages halt steel production in Turkey

A decision was made to suspend the supply of electricity to industrial enterprises for three days, and every second of downtime is a huge financial...

Interpipe increased sales of pipe and railway products by 17% in 2021

Sales of railway products - wheels, tires, axles and wheel sets - in 2021 decreased by 10% compared to 2020 and amounted to 174 thousand tons....

Iron ore prices show third weekly gain

There are strong forecasts for an increase in steel production as the world economy recovers...

Gas cuts to hit steel production in Turkey

Turkish steel industry's problems exacerbated by natural gas restrictions...

Iron ore hits $130 again

China vows to use more monetary policy tools to stimulate economy...

Mariupol plant of Metinvest received the right to supply steel to the UK for three years

Ilyich Iron and Steel Works of Metinvest Group received a number of certificates of compliance with quality and safety criteria for the products of...

China hardest hit by Indonesia's decision not to export nickel

Elon Musk has long expressed concern about future problems with a sustainable nickel supply...

10 out of 15 steel-smelting electric furnaces continue to stand idle in Ukraine

At the beginning of the year, 17 out of 21 blast furnaces, 7 out of 8 open-hearth furnaces, 12 out of 16 converters, 5 out of 15 electric furnaces...

Iron ore prices jump on forecasts of steel production in China

China Iron and Steel Association announced its intention to achieve an ideal "balance of supply and demand"...

Dnipro Steel Works at the end of 2021 increased the production of rolled metal and coke

In December 2021, DMZ significantly reduced the production of iron and steel, and in January 2022 completely stopped the production of the main...

Zaporizhstal slightly reduced steel production in 2021

This year, Zaporizhstal will continue environmental modernization and increase production efficiency, promised its CEO....

Azovstal modernizes the converter shop

The company has already supplied condensate pumps, a complex transformer substation, and air cooling devices. Last year, a large-scale environmental...

Steel production in Ukraine at the end of 2021 increased by 3.3%

In 2021, Ukrainian enterprises increased steel production by 3.3% compared to 2020 to 21.30 million tons....

Beijing releases 5-year plan for commodity industries

China's Industrial Commodity Sector Development Plan 2021-2025 envisions cleaner, smarter and safer manufacturing for improved product quality....

Dnipro Metallurgical Plant mysteriously stopped steel production

The official reason for the shutdown of the Dnieper Metallurgical Plant is repairs, the unofficial reason is the unprofitableness of steel smelting....

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