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US extends suspension of Section 232 tariffs on steel from Ukraine

This decision will cause an increase in demand for Ukrainian steel in Europe...

Turkish exporters demand competitive exchange rate from new Erdogan government

Exchange rates should gradually reach their real value in order to maintain the competitiveness of Turkish steel exporters...

Stahl-Holding-Saar predicts 'toughest times' for its steel mills in Germany

Plans include the commissioning of a direct reduction iron plant, the closure of one blast furnace and two new electric arc furnaces by 2030...

Technological progress achieved in China's hydrogen energy industry - experts

Hydrogen energy is one of the best ways to achieve carbon peak and carbon neutrality, and the advent of the hydrogen internal combustion engine opens...

Indian steel demand to grow by 7.5% in fiscal year 2023-24: ISA

Steel demand will be boosted by investment in infrastructure, renewable energy, mining, and the steel sector through a manufacturing-related stimulus...

The steel corridor is expanding - Ukrainian metal exports to Turkey have risen sharply

Turkish metallurgical enterprises increased imports of cast iron from Ukraine by 66%...

2,600 Ukrainian-made railway wheels successfully reached Morocco

The African continent, according to the director of Interpipe's railway products division, is a promising market for developing the supply of...

Iron ore prices continue to fall

Analysts expect the decline in iron ore prices to reach $96.76 per ton by the end of the current quarter and accelerate to $89 per ton by the end of...

Metallurgical plant in Zaporozhye stopped the blast furnace

The Zaporizhstal plant of the Metinvest group, according to the investment program of the enterprise, stopped blast furnace No. 3 for a major...

Ukraine has reduced the export of steel semi-finished products by four times since the beginning of this year

In the four months since the beginning of 2023, Ukrainian ferrous metallurgy enterprises have exported about 300 thousand tons of semi-finished steel....

New generation high-strength pipes successfully tested in Russia

The new pipe is designed for difficult sections of the gas pipeline, including crossings under roads and underwater crossings. Previously, such...

Interpipe holds the economic front of Ukraine

The metallurgical company announced two successfully implemented projects for the supply of pipe metal products to European consumers....

Metinvest presented the project for the restoration of Ukraine "Steel Dream"

Metinvest-SMC, the sales company of Metinvest Group, presented the concept of the restoration of the country "Steel Dream" at the...

Tata Steel UK to boost steel imports from its Indian parent company

This is due to the large gap between import and domestic steel prices in the UK...

Elon Musk predicts a difficult year for the global economy

Musk stated that no business is immune and a cascade of corporate bankruptcies is expected. The techno-king made this prediction during Tesla's...

Global stainless steel consumption to grow by 3.6% in 2024 - World Stainless Association

According to the May forecast of the World Stainless Steel Association, during 2023 the global consumption of stainless steel will remain at the...

Europe's automotive industry braces for tough second half - Argus

European car manufacturers are bracing for increased competition and lower demand in the second half of the year....

ArcelorMittal Temirtau increased the production of flat products

Over the past 10 years, the ArcelorMittal Temirtau metallurgical plant has for the first time reached the maximum output of the first grade: both in...

Ukrainian scrap metal workers have multiplied the export of strategic raw materials from the country

Steel industry lobbyists disagree with this state of affairs, declaring a threat to national security and calling for a complete ban on the export of...

Rinat Akhmetov is ready to join the EU Green Deal and is looking for opportunities to expand business in Europe

The metallurgical holding of the richest businessman in Ukraine is ready to join the "green" transition of Europe as part of the...

Metallurgical enterprises of Ukraine reduced the production of general steel by 56%

According to the OP "Ukrmetallurgprom", in January-April 2023 in Ukraine there is a gradual increase in the production of iron, steel and...

German Leopard tanks to be assembled in Ukraine – Handelsblatt

The German defense concern Rheinmetall creates a joint venture for the production and repair of tanks in Ukraine: all contracts have already been...

Ukrzaliznytsia denied reports about the suspension of iron ore transportation in the direction of the Czech Republic

The national railway operator of Ukraine was forced to come out with a refutation of reports about the alleged blocking of shipments of metallurgical...

Dneprovsky Metallurgical Plant ensured the operation of key sectors of the Ukrainian economy

PJSC "Dneprovsky Metallurgical Plant" (DMZ, formerly Dneprokoks), which is part of DCH Steel of the DCH group of businessman Oleksandr...

New Volvo design center opens in Shanghai

The opening of a design center in Shanghai and three new car assembly plants in other cities will strengthen the company's strategic investment...

Thyssenkrupp's steel business in Europe continues to make big losses

Thyssenkrupp Steel Europe posted an adjusted operating loss of €14 million for the quarter, compared to a profit of €479 million in the same period...

Turkish steel market will continue to fall regardless of the election results - TSPA

Turkish market participants have become confident that the results of the May 14 elections are unlikely to significantly boost demand or improve the...

US steel market expects further price cuts despite stable demand - S&P

Prices for flat-rolled steel in the US will fall, according to three-quarters of market participants surveyed by S&P Global Commodity Insights....

China is rapidly building up bank gold reserves

The People's Republic of China has been actively buying up gold for its reserves since the end of last year, and in the last two months alone,...

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