Rare earths are not currently mined in Europe, leaving the region dependent on imports from other countries. At the same time, demand is expected to...
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Interpipe reduced steel production and sharply reduced capital investment
The pre-tax profit of Victor Pinchuk's metallurgical company amounted to $199.975 million compared to $56.505 million in the first nine months of...
Dneprovsky Metallurgical Plant continues to operate rolling shops using tolling raw materials
The partners resumed work at the end of the year, after the accumulation of raw materials, the DMZ heating furnace was put on heating on January 2,...
BMZ expands its line of pipe products
Most buyers of the products of the Belarusian Metallurgical Plant use the pipe in the oil industry....
Zaporizhstal Metallurgical Plant mastered eight new types of products in 2022
During 2022, the Zaporizhstal metallurgical plant of the Metinvest group launched the production of eight new types of cold-rolled and hot-rolled...
Ukrzaliznytsia announced the purchase of rails in France cheaper than in Metinvest before the war
Prior to the start of Russia's special military operation in Ukraine, the main supplier of rails for Ukrzaliznytsia was the Mariupol plant...
Taiwan bans stainless steel exports to Russia and Belarus
Taiwan was one of the leading suppliers of stainless steel in Russia. According to the estimates of the Spetsstal Association, its share in stainless...
Nucor Rolls First Steel Sheet at New Kentucky Steel Plant
Nucor Steel Brandenburg in Brandenburg, Kentucky, is currently the only steel mill in the United States and one of the few in the world capable of...
British Steel seeks financial support from the government to continue work
The collapse of British Steel could cost the UK government up to £1bn...
Rio Tinto and Baowu take next step towards joint venture in Guinea
The problem of transporting high-quality iron ore from the world's largest undeveloped project, Simandu, hinders its development...
Norwegian startup to build €4bn green steel plant
A manufacturing facility in Finland will have a clean hydrogen production plant powered primarily by wind power. The steel producer will directly or...
The US continued to reduce steel imports in December year-on-year
According to the US Department of Commerce, 1.98 million tons of steel import permits were issued in December 2022, down 24% from December 2021....
S&P: Russia will continue to dominate the steel export market in the Black Sea region
Russian steel exporters, still active on the Black Sea spot market, are cutting production, increasing domestic sales, or trying to export more to...
Analysts confident of significant growth in global demand for galvanized steel
The global galvanized steel market is expected to grow by 86.6 million tonnes in 2022-2027, growing at a CAGR of 4.11% over the forecast period....
Tata Steel: Great Britain will need more than 10 million tons of steel to gain energy independence
The UK will need more than 10 million tons of steel in the coming years to become self-sufficient in terms of electricity generation, according to a...
The Government of the Russian Federation extended the preferential import of equipment for the extraction of coal and ore
Enterprises engaged in the extraction of metal ores, coal and a number of other solid minerals will be able to import equipment and raw materials...
The converter shop of the steel plant in Kamensky, Dnepropetrovsk region, resumed work
On Wednesday, December 28, Kametstal resumed operation of converter No. 2 and continuous casting machine No. 3. The units of the oxygen-compressor...
Ferrexpo commented on the arrest of its director in Courchevel
The mining company Ferrexpo plc, with major assets in Ukraine, said that it was aware of the detention in France of its non-executive director and...
Dnipro Metallurgical Plant confirmed the right to supply rolled metal products to Europe
Dneprovsk Metallurgical Plant exports rolled metal products to more than 40 countries around the world. DMZ has a quality management system in...
Misif Appeals Government Agencies Over Electricity Surcharge Decision
The steel industry is in dire need of competitive energy costs...
European Lithium receives first offer from BMW
BMW will make a $15 million down payment, which will be repaid in equal offsets with the supply of lithium hydroxide to the automaker...
Prices for hot-rolled coil in the US are rising despite the lack of demand before the holidays
U.S. hot rolled coil (HRC) spot prices rose this week as mills continued to raise prices even as the market slowed down ahead of the Christmas...
Coal production in Shanxi province increased by 8.9% in January-November 2022
Northern China's Shanxi Province, the country's largest coal-producing region, saw a steady increase in coal production in the first 11 months of...
Australian billionaire reveals green steel plans
Andrew Forrest, CEO of Fortescue, aims to become a major producer of clean energy...
Uzbekistan began supplying copper to Europe bypassing Russia
Uzbekistan sent a train with copper to Europe for the first time via Turkmenistan, Azerbaijan and Georgia...
Nissan Switches to Low-CO₂ Japanese Steel and Green Aluminum
Kobenable steel, claimed by Japanese manufacturer Kobe Steel to significantly reduce CO2 emissions from the blast furnace process, will be used in...
Intel postpones construction of plant in Germany due to sharply increased geopolitical risks
The American corporation had to revise its planned investments in Germany for a number of reasons, including rising energy prices....
China's luxury car sales rise sharply
Despite the negative impact of the COVID-19 epidemic, the luxury car market has remained highly resilient....
IEA predicts EU natural gas shortage of 30 billion cubic meters
According to the IEA, in order to stimulate energy efficiency, it is recommended to expand existing programs and strengthen measures to support the...
