The Indian steelmaker is in talks with banks about possible funding for the acquisition, which could be in the region of $2 billion....
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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...
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,...
Ukraine and EU intend to develop cogeneration - Head of State Energy Efficiency
Cogeneration is a fairly simple way to produce electricity and heat (thermal energy) at the same time. During biomass cogeneration, 30-35% of the...
Car production in Italy is declining
There are 23 car factories in Italy. There are 17 factories in Spain, 31 in France and 42 in Germany....
Largest German coal mining company invests in green energy
LEAG will generate 7 gigawatts of energy from wind and solar by 2030...
Reduction of Ukrainian exports of iron ore accelerated to 55%
According to the results of the past year, Ukraine lost about half of its exports of iron ore, and in the first five months of this year, this figure...
Ukraine has tripled the export of scrap metal
The President of "Ukrmetallurgprom" Oleksandr Kalenkov believes that Ukrainian entrepreneurs supply scrap metal to real customers through...
New sources of water are being sought for the Krivoy Rog Iron and Steel Works
ArcelorMittal is seeking new sources of water as part of an effort to phase out the production of hot rolled coils at its steel plant in Krivoy Rog,...
ArcelorMittal Canada starts supplying XCarb carbon-free steel to General Motors
ArcelorMittal North America begins supplying US automaker General Motors (GM) with mild steel from its Canadian plant....
The largest US producers simultaneously increased prices for hot-rolled steel
ArcelorMittal steel mill in Alabama, integrated electric arc furnace steelmaker Nucor, and US Steel, the largest steel supplier in the United States,...
In the European Union, activity at metallurgical plants has sharply decreased: data from space observation
Using satellite data, analysts have concluded that activity at steel mills in Europe has plummeted....
Ukraine has lost 60% of export revenue from sales of metal products since the beginning of 2023
A sharp decline in Ukrainian exports of ferrous metallurgy products is observed across the entire range of metal products, with the exception of...
Ukraine intends to attract partners from Germany to expand the biomethane market
Biogas production can be a strategic step for Ukraine on the way to decarbonizing the economy and replacing natural gas....
Norway plans to extract millions of tons of metals from the bottom of the Greenland and Norwegian seas
Oslo wants to start underwater metal mining in an offshore area the size of Germany, where it is estimated that 38 million tons of copper may occur,...
ArcelorMittal Kryvyi Rih Suspends Rolled Steel Production Due to Water Shortage
A statement sent by the Ukrainian metallurgical giant to the country's Ministry of Energy states that only blast furnace and coke production, as...
German concern thyssenkrupp will build military submarines in India
By signing a letter of intent, thyssenkrupp Marine Systems is laying the groundwork for a possible collaboration with Mazagon Dock Shipbuilders...
Rinat Akhmetov demands $3.5 billion compensation from the Russian Federation for property destroyed by the war
The damage caused by Russia's aggressive war against Ukraine is estimated by Metinvest in relation to its tangible and intangible assets at...
