In 2022, ArcelorMittal Kryvyi Rih, the largest metallurgical enterprise in Ukraine, received a significant net loss, while the parent company from...
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Tokyo Steel raises prices for long rolled steel
Japan's largest metallurgical company, whose prices are closely monitored by Chinese competitors, has again raised prices for construction metal...
Brazil lifts duties on Chinese rolled steel
In 2018, Brazil introduced both AD measures and countervailing duties on Chinese HRC for up to five years....
China will accelerate the modernization of its state-owned enterprises
In 2020, China launched a three-year SOE reform action plan as part of its ongoing efforts to transform SOEs into competitive and modern business...
In the EU, the demand for new cars continues to grow, especially for electric ones.
The share of electric vehicles in the European market for new passenger cars increased to 12.1% or 97,300 cars....
Ukraine implements projects worth 4.5 billion euros as part of integration into the European railway network
The inclusion of Ukrainian railways in the European TEN-T network allows access to EU assistance tools, within the framework of integration into...
Voestalpine invests 1.5 billion euros in low CO2 steel production
The Austrian steel company says it has received a pre-order for 100,000 tons of new steel and is ready to start a major upgrade at Linz and Donawitz....
Zaporizhstal puts into operation blast furnace No. 2
For the first time since Russia's full-scale invasion of Ukraine, Zaporizhstal, a joint venture of Metinvest Group, is taking blast furnace No. 2 out...
Tata Steel warns of blast furnace shutdown
Officers are in talks with Tata Steel and British Steel, the only companies operating blast furnaces in the UK, for £300 million each...
Tata invests in new induction furnaces at Corby pipe plant
Tata says new induction furnaces at tube plant in Corby, UK will cut CO2 emissions...
Serbian steel mill HBIS to restart idle blast furnace next week
HBIS Serbia operates two blast furnaces with a total capacity of 2.2 million tons of iron per year...
Ukraine reduced the production of coke by 3.3 times
Coke production in Ukraine today operates at the Yuzhkoks, Kametstal (formerly GKKHZ), DMZ (Dneprokoks), Zaporizhkoks coke plants and ArcelorMittal...
Canada introduces a total ban on imports of Russian aluminum and steel
Thus, against the backdrop of the situation around Ukraine, Ottawa limits the flow of revenues to the Russian budget. The agency clarified that the...
German company Speira to close Rheinwerk aluminum smelter due to high energy costs
German company Speira said on Thursday it would shut down aluminum production at its Rheinwerk plant due to high energy prices after it was forced to...
Nuclear will play a bigger role in the renewable energy mix
In China, nuclear energy will become an important means of stimulating the country's "green" development...
Domestic prices for hot-rolled steel in Europe will continue to grow
Higher offer prices will be gradually accepted in deals due to limited supplies...
2023 will be the year of the takeoff of the hydrogen economy, primarily due to metallurgy - Platts opinion
Today, electrolysis is one of the most expensive ways to produce hydrogen in the world. However, Platts Hydrogen believes that the hydrogen market...
China to promote green transformation of development model - report
Chinese Prime Minister Li Keqiang presented the report on Sunday at the opening of the National People's Congress as part of the "Two...
South Korean metalworkers union plans strikes in April-July
The Korean Metal Workers' Union (KMWU) is planning strikes in April-July in response to the government's labor reforms affecting the country's auto,...
U.S. Steel Growth: Nucor Raises HRC Flat Prices to $1,150/t
U.S. Electric Arc Furnace (EAF) steel maker Nucor has increased flat steel prices by $150/tonne, setting a floor price for hot-rolled coil (HRC) at...
German engineering concern Rheinmetall will build a tank plant in Ukraine
A new tank plant in Ukraine will be able to produce up to 400 Panther-type main battle tanks per year. A Rheinmetall plant could be built in Ukraine...
Steel production at Zaporizhstal in January-February 2023 amounted to 33% of the last year's level
In February 2023, Zaporizhstal produced 125.2 thousand tons of pig iron, 119.4 thousand tons of steel, shipped 99.6 thousand tons of rolled products....
Steel imports from Russia to India rose to an eight-year high
Russian steel imports to India rose to an eight-year high in the first 10 months of the fiscal year that began in April 2022...
Metallurgical enterprises of Ukraine reduced steel production by 6.5 times
According to the international association of steel producers Worldsteel, in January 2023, Ukraine ranked 34th in the ranking of 64 countries of the...
The United States will increase duties on more than 100 types of metals, minerals and chemicals from Russia
The United States will increase duties on more than a hundred types of Russian metals, minerals and chemicals, the Joe Biden administration announced...
SSAB Americas raises flat steel prices
An American sheet steel producer has decided to triple its prices since the start of this month....
Earthquake in Turkey will affect the global steel supply chain
The demand for steel in Turkey has been growing, especially in the real estate sector. However, after the devastating earthquake that occurred on...
