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China's car production continues to fall
Approximately 2.39 million vehicles were sold in China in July this year, down 1.4% from the same period last year, according to data from the China...
Low global aluminum stocks should help prices recover quickly
Global aluminum inventories in the warehouses of manufacturers are about 50 days against the background of the fact that Russian metal, which is...
European steel market to be opened for imports - Salzgitter
Last year, the European Commission extended protective measures in the steel market in the form of import quotas for one year from June 2023, but now...
China iron ore imports up 6.9% in first seven months of 2023
Since the beginning of the year, China has imported a total of 669 million tons of iron ore, up 6.9% year-on-year....
Ukraine reduced the export of steel semi-finished products by 76%
The main export of Ukrainian steel in January - July 2023 was carried out to Bulgaria (33.71% of supplies in monetary terms), Poland (31.62%) and...
Liberty Steel plans to stop the last operating blast furnace at the Hungarian plant
In June, the plant suspended the work of the main rolling mills due to lack of raw materials for steel production...
China's steel sector invests US$100 billion in coal-fired power plants
Steel companies have received permits to build massive amounts of coal capacity despite government pledges to cut carbon emissions...
Emirates Steel ends talks to buy stake in thyssenkrupp
ESA refused to acquire a stake in thyssenkrupp's metallurgical production...
China restricts exports of metals for the production of microcircuits due to trade quarrel with the United States
Beijing's action follows Washington's talk of new control over semiconductors...
The European Commission approved the financing of the ThyssenKrupp project "tkH2Steel" for 2 billion euros
This is an important step for industrial climate protection in Europe, with annual savings of up to 3.5 million tons of CO2 eventually. Commissioning...
Russia's withdrawal from the "grain deal" should lead to the unblocking of Ukrainian steel exports by sea - Metinvest
Metinvest estimates Ukraine's revenue in the event of a complete unblocking of ports at $20 billion a year....
The risk of loss-making assets is growing due to too slow decarbonization of steel production
The transition from coal-based steel production is too slow, according to the US-based NGO Global Energy Monitor (GEM)...
Toyota will create a lunar rover powered by regenerative fuel cells
Toyota has teamed up with the Japan Aerospace Exploration Agency to develop a manned lunar rover for NASA...
Iran raises export duties on raw materials and semi-finished products
Producers welcomed the new decree, which will significantly affect the export of raw materials...
Tesla launches Cybertruck stainless steel pickup two years behind schedule
Nearly four years after Elon Musk first unveiled Tesla's debut pickup truck, the automaker built its first Cybertruck in a stainless steel body...
JSW Steel is considering buying a stake in Teck's coal division
The Indian steelmaker is in talks with banks about possible funding for the acquisition, which could be in the region of $2 billion....
China Steel raises prices for key products
Taiwan's largest metallurgical company announced that the steel market has reached the bottom of the price and the beginning of the recovery of...
India imposes restrictions on the import of gold jewelry
India has restricted imports of pure gold jewelry in an effort to stop illegal, untaxed imports, according to a government notice....
Canada reopens anti-dumping investigation into hot-rolled steel shipments from China
The 77% anti-dumping duty imposed by the Canadian government on Chinese steel ends on August 8....
Trident for the "Motherland" in Kyiv will be made in Zaporozhye using Soviet technology
To create the trident, Metinvest attracted specialists from several Ukrainian enterprises of the company. The rolled metal for the renewed symbol was...
The largest metallurgical plant in Ukraine restored water supply in full
An emergency construction program has restored the water supply to the ArcelorMittal Kryvyi Rih steel plant, which was damaged by the collapse of the...
Hyundai Steel to open carbon-neutral steel laboratory by 2023
The purpose of the laboratory will be research on the use of hydrogen for steel production; the company aims to achieve zero CO2 emissions by 2050....
TOP-5 steel companies in the world in 2022
This detailed article will shed light on the world's leading steel companies and the countries in which they are headquartered. We will also discuss...
EU rejects US proposal to end steel tariff dispute
Dispute over steel tariffs and Trump-driven aluminum raises concerns over renewed transatlantic trade dispute....
New passenger car market in the EU continues to grow, but still lags behind pre-pandemic levels
The largest share of the European car market is still occupied by gasoline cars - 36.5 percent. Nevertheless, electric vehicles are occupying an...
European prices for stainless steel products are about to touch the bottom - MEPS
As Europe's summer holidays begin, market participants believe that stainless steel prices are approaching the low end of the current cycle....
Abu Dhabi poached assets of Russian steel tycoon Vladimir Lisin from Cyprus to the UAE
One of the richest businessmen in the Russian Federation, Vladimir Lisin, transferred his shares in the Novolipetsk Iron and Steel Works (NLMK) and...
Ukrainian assets generate most of Metinvest's profits - CEO
Netherlands mining and metallurgical holding Metinvest B.V. (Metinvest) derives most of its financial result from operations in Ukraine despite the...
Victor Pinchuk's Interpipe intends to hold its positions in the Eastern markets
The company has a long history of cooperation with Turkish Railways (TCDD), as well as with logistics operators in other countries in the region,...
