The Association of European Steel Producers estimated total operating costs at 53 billion euros, adding that mild steel needed a level playing field...
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Belarusian steel plant to operate at full capacity from February
The closure of the European market for Belarus, according to the company's management, is a good incentive to search for markets within the...
British Steel considers cutting up to 1,200 jobs at Scunthorpe
Unions see the move as a "betrayal" amid talks with the UK government over a potential £300m bailout....
Electric vehicles will play a key role in US aluminum production growth - Norsk Hydro
Norwegian company Hydro is currently building a 120,000 tpa aluminum extrusion plant in Cassopolis, Michigan, which could be operational by the end...
The former president of Motor Sich was accused of aiding terrorists
Prosecutors of the Office of the Prosecutor General of Ukraine informed the former president of Motor Sich PJSC of suspicion of assisting the DPR...
European stainless steel producers ready to raise prices
EU steel mills are aiming for higher prices despite a slow start to 2023. Demand for stainless steel in Europe in the first few weeks of the new year...
World steel production in December 2022 collapsed by 10%
The largest drop in production at the end of 2022 was shown by the EU countries (27), which produced 9.2 million tons of steel, which is 16.7% less...
Ukraine arrested Russian metallurgical assets
Today, the total value of the seized assets exceeds UAH 1 billion. Among those arrested are 12 land plots, a seaport complex, apartments,...
War in Ukraine to accelerate world economy transition to clean energy - BP
The Russian war in Ukraine is expected to put pressure on long-term energy demand and accelerate the world's transition to renewables and...
ArcelorMittal invests $120m in US green steel company
On Friday, Massachusetts-based Boston Metal announced a $120 million investment from the world's second-largest steelmaker, ArcelorMittal....
The United States refused to comply with the decision of the WTO on tariffs on steel and aluminum
Five members of the WTO — China, Norway, Switzerland, Turkey and Hong Kong — called it "insulting" the United States' decision to...
China remains the world leader in shipbuilding with a 50% share of new shipyard orders
According to the results of 2022, the production volumes in the Chinese shipbuilding industry reached 37.86 million dwt or 47.3% of the total volume...
Prices for metal products in Ukraine increased by 26% last year
Due to the loss of part of the metallurgical production as a result of the Russian special military operation, the shortage of steel in Ukraine has...
British scientists have found a way to cut CO2 emissions from steel production by 90%
Researchers at the University of Birmingham have developed an innovative method for existing furnaces that can reduce CO2 emissions from steel...
European steel price rise that began in January will be short-lived - MEPS
By mid-January, several large European steel producers announced significant price increases to the market, citing cost increases. Distributors are...
Steel production in China rose in the first decade of January
In the first 10 days of January 2023, 1.93 million tons of steel were smelted in China, which is half a percent more than in the first ten days of...
UK is ready to give 300 million pounds to save British Steel
Save our Steel: The UK government hopes this will convince the Chinese Jingye Corporation to stay in the UK business and continue to invest in the...
Carriage building plant in Kremenchug stopped production due to debts
The Government of Ukraine ordered wagons from KVSZ for Ukrzaliznytsia, planned funds for this, and the railway from the end of 2021 to November 2022...
Europe's passenger car market records its worst year since the turn of the century
In 2022, 9.3 million new passenger cars were registered in the EU, the lowest level in the region since 1993....
China's crude steel production in 2022 falls for the second year in a row
Chinese steel production is forecast to recover between the end of February and March. However, the recovery in steel demand this spring is likely to...
Sweden announced the discovery of Europe's largest deposit of rare earth metals
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...
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...
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...
