OJSC MMK-METIZ, with the support of the Federal Investment Fund, opened a new production of fasteners and wire

OJSC MMK-METIZ, with the support of the Federal Investment Fund, opened a new production of fasteners and wire

The main strategic goal of OJSC MMK-METIZ is the creation of a high-tech complex for the production of modern types of metal products....

Belarusian steel plant plans to double steel supplies to Africa

Belarusian steel plant plans to double steel supplies to Africa

Last year, Zhlobin metallurgists shipped about 140 thousand tons of metal products to the African continent, and by the end of 2024 they intend to...

Imports put strong pressure on rolled metal prices in Europe

Imports put strong pressure on rolled metal prices in Europe

Prices for flat-rolled steel in Europe fell this week due to increased import activity, forcing European producers to adjust their offerings to...

The closure of the Port of Baltimore after the collapse of the Francis Scott Key Bridge has not yet affected coal prices

The closure of the Port of Baltimore after the collapse of the Francis Scott Key Bridge has not yet affected coal prices

The stoppage of about a third of all coal exports from the United States, as a result of the closure of the port of Baltimore, did not immediately...

Steel finds itself at the center of political debate in the United States during an election year

Steel finds itself at the center of political debate in the United States during an election year

The outcome of the US presidential election and the prospect of lower interest rates later this year are likely to have a decisive impact on demand...

Baltimore bridge collapse will block coal exports

Baltimore bridge collapse will block coal exports

Last year, the United States exported about 74 million tons of coal, with Baltimore being the second-largest terminal for the commodity....

Global DRI production surged in February

Global DRI production surged in February

By far, the world's largest producer of DRI was India...

Ferrexpo has settled a financial dispute with one of its suppliers

Ferrexpo has settled a financial dispute with one of its suppliers

According to the company's press release, the amount of debt declared by Oxygen LLC under the supply agreement is UAH 2.2 million (about $58...

The European Parliament approved a compromise on Euro 7 emissions limits

The European Parliament approved a compromise on Euro 7 emissions limits

The new rules, which still require final official approval by EU countries, will apply to cars and vans from July 2030, and to buses and trucks 12...

Rheinmetall plans to open at least four weapons factories in Ukraine

Rheinmetall plans to open at least four weapons factories in Ukraine

The company said it plans to increase production of artillery shells as European allies try to increase production to provide Kyiv with more...

US flat products market outlook uncertain due to planned plant shutdowns

US flat products market outlook uncertain due to planned plant shutdowns

Upcoming planned maintenance shutdowns at various U.S. steel mills are expected to have little impact on prices amid the recent round of smelter-led...

Thyssenkrupp creates low-emission tug fleet

Thyssenkrupp creates low-emission tug fleet

Thyssenkrupp Veerhaven, the logistics subsidiary of Thyssenkrupp Steel Europe based in Rotterdam, commissioned the design of an environmentally...

ArcelorMittal agrees to buy 28% of Vallourec shares

ArcelorMittal agrees to buy 28% of Vallourec shares

ArcelorMittal has agreed to acquire 28.4% of French pipe maker Vallourec for approximately 955 million euros ($1.09 billion)...

EU imports record amounts of Chinese-made steel

EU imports record amounts of Chinese-made steel

Import of cast iron and steel reached in 2023 3.77 million tons, the highest tonnage since 2016...

The EU allocated 3 million euros for the laid-off German employees of Vallourec

The EU allocated 3 million euros for the laid-off German employees of Vallourec

The European Commission has offered to support workers laid off in the German steel industry...

Most of Metinvest's steel products are sold in the European Union

Most of Metinvest's steel products are sold in the European Union

Metinvest sold more than half of its products in the EU in the first half of 2023....

Volkswagen increased revenue by 15.5% in 2023, expects growth of 5% this year

Volkswagen increased revenue by 15.5% in 2023, expects growth of 5% this year

Vehicle deliveries last year increased by 11.8% and reached 9.24 million, including electric vehicles - by 35%, to 771 thousand. In Europe, total...

Production of lithium-ion batteries in China increased by a quarter

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....

Last year the Belarusian Iron and Steel Works mastered 128 types of new metal products

Last year the Belarusian Iron and Steel Works mastered 128 types of new metal products

In 2023, BMZ mastered 128 types of new innovative products and shipped 190 types of such products...

Financial support for Poland from the EU could revive the Central European steel market

Financial support for Poland from the EU could revive the Central European steel market

The Eastern European country's steel industry could benefit from increased production activity if the Polish government manages to secure nearly...

Chinese investment in electric vehicles sets a new record

Chinese investment in electric vehicles sets a new record

China could produce 10 million more vehicles per year, equivalent to two-thirds of all North American production in 2022....

BHP extends March iron ore discounts

BHP extends March iron ore discounts

Australian iron ore miner BHP has increased discounts on its Jimblebar Fines (JMBF) and Mining Area C Fines (MACF) forward contracts, while narrowing...

Ukraine resumed electricity trade with Hungary for the first time in 2 years

Ukraine resumed electricity trade with Hungary for the first time in 2 years

This is the first export of Ukrainian electricity to EU countries since February 2024....

Ukrainian railways want to resume sales of scrap metal

Ukrainian railways want to resume sales of scrap metal

Ukrzaliznytsia will continue to sell scrap metal after determining the procedure for approving the Cabinet of Ministers - the procedure for the sale...

Global steel production fell by almost 2% in January 2024

Global steel production fell by almost 2% in January 2024

The drop was mainly due to a decrease in smelting in China and other Asian countries. The largest growth was demonstrated by the countries of the...

DTEK machine builders have released the second roadheader of a new line

DTEK machine builders have released the second roadheader of a new line

Its weight is almost 55 tons - 20% more than previous models, and the electro-hydraulic part is made using components from leading European...

Ukraine reduced exports of uranium-containing ores by 2.4 times

Ukraine reduced exports of uranium-containing ores by 2.4 times

According to statistics released by the State Customs Service (SCS) on Friday, in monetary terms, exports of titanium-containing ores and concentrate...

The rise in steel prices in Europe did not take place due to low demand

The rise in steel prices in Europe did not take place due to low demand

European buyers were not willing to significantly replenish stocks from local or foreign suppliers. The average distributor doesn't even buy at...

Thyssenkrupp will supply Siemens with low-CO2 electrical steel

Thyssenkrupp will supply Siemens with low-CO2 electrical steel

Siemens Energy will produce 700 transformers from Thyssenkrupp steel at its plant in Weiz in Austria....

Sign in with:
Войти с Google Войти с Яндекс