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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...
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....
ArcelorMittal's Ukrainian division suffered 'significant' losses in 2022
In 2022, ArcelorMittal Kryvyi Rih, the largest metallurgical enterprise in Ukraine, received a significant net loss, while the parent company from...
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....
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...
