World Steel Association predicts high global demand for steel this year...
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Tesla's Shanghai gigafactory delivered more than 75,000 vehicles in April
Established in 2019, Tesla's Shanghai gigafactory is the first of its kind outside the US....
Gold could top record $2,300 an ounce on concerns over the global economy
The price of gold has been close to the all-time high of $2,075 an ounce in the past few days and could rise above a record $2,300 amid the ongoing...
International Renewable Energy Agency and thyssenkrupp sign partnership agreement
The new partnership aims to help improve the production and delivery of green hydrogen throughout the value chain....
ArcelorMittal beats earnings expectations on steel demand
ArcelorMittal continues to demonstrate its ability to operate in all market conditions...
Emirates Steel in talks to acquire stake in thyssenkrupp
The group struggled for years to spin off tk steel, which suffered an unsuccessful merger with Tata Steel Europe in 2019...
Representatives of the steel industry met at the EUROMETAL & YISAD Steel conference in Istanbul
The EUROMETAL Steel Day & YISAD Flat Steel Conference, held at the Marriott Asia Hotel in Istanbul on Thursday, April 27, was attended by almost...
ArcelorMittal to restart burned-out blast furnace at Dunkirk at the end of May
ArcelorMittal to resume kiln operation in France while still assessing damage in Gijón, Spain...
The European division of Severstal got out of sanctions by selling
Russian mining and metals company Severstal has completed the sale of its European steel distribution network Severstal Distribution to Marcegaglia...
Global steel demand to grow by 2.3% - Worldsteel
Persistent inflation and high interest rates in most countries will limit the recovery in steel demand in 2023, with demand growth driven by regions...
China continues to lead the global shipbuilding market
The number of new orders accepted by Chinese shipyards in the first quarter of 2023 was 53% higher compared to the same period last year and amounted...
Czech metallurgical plant in Ostrava faces shutdown due to "difficulties in the market"
Since the beginning of April, prices for hot rolled coil in the northwestern part of the EU have fallen by almost 20 euros per tonne, while the...
Price expectations of steel producers in the EU are not supported by the market - MEPS
Since December last year, European flat steel producers have successfully implemented regular price increases. Unattractive import offers have...
Orders for new vessels in China continue to grow rapidly
In the first quarter of this year, Chinese shipbuilders' orders for new ones increased by 53% compared to the same period last year...
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...
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...
