In the first quarter of this year, Chinese shipbuilders' orders for new ones increased by 53% compared to the same period last year...
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Steel demand is expected to improve by 2.3% in 2023.
The World Steel Association (worldsteel) has published its short-term steel demand forecast for 2023 and 2024...
Vale sends first batch of iron ore briquettes for testing in Europe
The product can replace sinter and pellets in blast furnaces...
Italian car production on the rise
Local service centres, rewinders and coil manufacturers are seeing an increase in orders from the automotive sector compared to the fourth quarter of...
Iron ore drops as Chinese steel demand remains weak
Iron ore fell as investors took stock of weak steel demand in China and the reopening of a key export port in Australia....
Vietnam sees strong growth in steel demand in second half of year
Vietnam's National Assembly approved a 350 trillion VND ($14.9 billion) aid package for economic recovery for 2022-2023, which should lead to a sharp...
Metallurgists of Ukraine in March increased the export of semi-finished steel by 25.5%
The income of Ukrainian metallurgists from the export of steel slabs and billets grew by 24.5% in March to $45.2 million....
Indonesia blocks export of metals and invites investors to process them
Indonesia was invited by the G7 to join the meeting in Sapporo as the chair of the Association of Southeast Asian Nations or ASEAN. The G7 leaders...
Dnipro Metallurgical Plant has produced about 30 thousand tons of rolled metal since the beginning of the year
Metallurgical enterprise DCH Steel of the DCH group of businessman Alexander Yaroslavsky produced 29.4 thousand tons of finished steel in...
Export prices for hot-rolled steel from Russia fall due to competition in Asia
Export prices on Russian hot-rolled coil decreased due to competition from Asian suppliers and low interest of Turkish buyers in imports....
Coking coal continues to fall in price due to increased supply
Prices for coking coal in Australia continued to fall last week due to increased supply....
China's huge steel capacity hampers the steel market, analysts expect more cuts
China will soon commission more than 200 million tons per year of new liquid steel smelting capacity through swaps. The NDRC is asking major Chinese...
India's steel output rises, exports halve in fiscal year 2022-23
India became a net exporter of steel in March after being a net importer for five straight months. Exports have been growing steadily since the...
China's lithium-ion battery sector showed growth in January-February 2023
In January-February of this year, the volume of exports of lithium-ion batteries from China exceeded $10 billion in value terms....
Elon Musk to launch prototype Starship interplanetary spacecraft
Sea and air closures suggested that SpaceX hoped to launch Starship as early as Monday. However, the plan is to conduct a test run in which the...
India's Tata Steel reaches production level of 20 million tons of steel per year
Indian manufacturing output rose 4.3% year-over-year as factory debottlenecked and ramped up production at Neelachal Ispat Nigam Limited at...
Liberty Steel to build electric arc furnace at Whyalle plant in Australia
Danieli's patented Q-One technology provides direct power from clean energy sources, aligning the plant with future renewable energy development...
Ferrexpo doubled iron ore production in central Ukraine
Doubling of total iron ore pellet production to 0.90 Mt in Q1 2023 (Q4 2022: 0.42 Mt) was driven mainly by improved power supply to Ferrexpo's...
Zaporizhstal resumed the Work Life program stopped due to the war
Zaporozhye Metallurgical Plant of Metinvest Group will allocate UAH 16.5 million in 2023 to improve the working life of employees....
Indian Crude Steel Production to Grow 4-7% in FY24
As India enters its election year in 2023, the government is likely to increase investment at both the state and central levels....
Converter production is being modernized at ArcelorMittal Temirtau
The project to modernize the converter shop at ArcelorMittal Temirtau was launched back in 2019. One of the world leaders, an Austrian engineering...
Gold quotes in March closed with record growth since 2020
Demand for gold has increased as a safe-haven asset amid the situation in the banking sector. Earlier in March, it became known about the closure of...
EU stainless steel sector faces lower demand and prices
Hopes for a recovery in the European stainless steel market in the second quarter are fading. Retailers and distributors in the region are reporting...
Fire breaks out at ArcelorMittal's largest kiln in Dunkirk
A fire breaks out in one of ArcelorMittal's blast furnaces, this time at the Dunkirk site in France....
Chinese excavator sales down 33% year-on-year in March
According to the latest forecast, Chinese excavator sales in both domestic and overseas markets will fall to 25,000 units in March...
The head of ThyssenKrupp is determined to withdraw the steel business from the concern - der Spiegel
Germany's largest industrial group put the spin-off idea on hold last year after unsuccessful attempts to register, sell or find a merger partner for...
China to increase scrap metal imports, but unlikely to exceed 1 million tons - analysts
In 2021, China revised the quality standards for the scrap sector, requiring that the scrap content of impurities not exceed 0.3-1% for three...
US imposed sanctions against BelAZ and MAZ
U.S. sanctions may also apply to financial institutions and other persons who make transactions with companies included in the sanctions list....
