The world's leading manufacturers are switching to scrap metal, the collection of which has not increased recently, which ensures a long-term...
News
Yuzhny GOK closed the sinter shop due to lack of demand, will build a pelletizing plant for the production of high-quality pellets
Elimination of the agglomeration redistribution at YuGOK - first of all, compliance with Ukrainian legislation on the transition to European...
Zaporizhstal in January 2021 reduced the production of pig iron, steel and finished rolled products
Smelting of iron and steel at Zaporizhstal decreased slightly, while production of finished rolled products - by 2.7%...
Head of Azerbaijan's largest metallurgical company accused of fraud
The head of the Baku Steel Company was imprisoned for 4 months by the court on charges of fraud and abuse....
Raspadskaya beneficiation plant shipped 100 million tonnes of coal concentrate
PF "Raspadskaya" is the largest factory in Russia that processes coking coal of all major brands....
State Geological Survey of Ukraine joined the European Battery Alliance
The European Commission established the European Battery Alliance in October 2017 to address the ever-growing demand for reliable and efficient...
In 2020, the largest metallurgical companies in Russia reduced steel production by 2.4%
In the second half of the year, production was supported by increased exports, and by the end of the year, overall global demand for metal...
Export of agricultural machinery from Russia increased by 30% in 2020 - Rosspetsmash
The main reasons, according to market participants, were stable state support for exports and a weak ruble. Against this background, the total...
Gold Consumption in China Falls Record 18% in 2020 Due to Coronavirus Pandemic
The Chinese jewelry market was the earliest to emerge from the restrictive regime and became the only locomotive of jewelry demand after the...
The imposition of sanctions against Chinese investors in Motor Sich came as a surprise to Yaroslavsky
DCH believes that the purpose of their initiators could have been to prohibit the holding of a shareholders' meeting, the result of which was...
The Ministry of Energy, Energoatom and Hotmine discussed the construction of mining farms at Ukrainian nuclear power plants
After the presentation of the digital energy station project, representatives of the Ministry of Energy, Energoatom and business agreed to continue...
Metinvest plants increase steel production by 9% in 2020
Steel production at Metinvest has been increasing for the second year in a row....
First ship loaded with iron ore headed from Sierra Leone to China
The new mine will supply China's domestic market with approximately 35 million tonnes of iron ore per year....
Downward price trend begins in steel markets
The second decade of January brought a decrease in prices for pig iron at all regional sites. The cheaper scrap metal, ore on the spot market and...
State Geological Survey of Ukraine is establishing cooperation with the uranium mining enterprise of the country
The State Service of Geology and Mineral Resources of Ukraine and the Eastern Mining and Processing Plant held a working meeting....
PJSC PIMCU im. E.P. Slavsky "increases the volume of mine workings at the operating mines
In 2020, nine treatment units were commissioned at underground uranium mines No. 1 and No. 8. In the coming year, it is planned to commission seven...
Law enforcement officers arrested the head of the Azerbaijani metallurgical company Baku Steel
Baku Steel Company is the largest metallurgical company in the Caucasus and one of the main exporters of Azerbaijan....
Novolipetsk Iron and Steel Works filed a lawsuit against the U.S. Steel worth $ 100 million
According to the Russian company, U. S. Steel has knowingly provided false information to the US Department of Commerce in order to undermine the...
ArcelorMittal increases prices for rolled metal in Europe for the fifth time in three months
The new rise in steel prices was caused by the continuing supply shortage in the European market....
Energomashspetsstal made a unique roll weighing more than 200 tons for a customer from Luxembourg
Today the Kramatorsk plant Energomashspetsstal is the only enterprise in the post-Soviet space capable of producing extra large solid-forged rolls...
Ukraine in 2020 got into the TOP-10 of world pig iron producers
The main export markets of Ukrainian metal products in January-December 2020, according to V.S.K. GROUP, are the countries of the European Union...
ArcelorMittal Kryvyi Rih purchased a new drilling rig Epiroc DM75 D
ArcelorMittal Kryvyi Rih has replenished its mining equipment fleet with an Epiroc DM75 D. The company's expenses for the purchase of a new...
NUST MISIS Scientists Increased Strength of Metals for Mechanical Engineering
The most impressive results were obtained for the Ti6AL4V titanium-aluminum alloy, whose tensile strength increased 28 times. The improvement in...
China to launch its first hybrid rocket in 2021
A new rocket with a solid and liquid propellant engine can independently monitor and diagnose potential problems during flight....
Tesla ends year with a profit for the first time in history, but investors are disappointed
Tesla has reported its first annual profit in its history. But investors were disappointed: the company did not name a new ambitious target for the...
The price bubble in the US steel market has inflated to its maximum - the only question is when it will burst
For the first time since the beginning of August last year, prices on the US steel market have not increased, and deadlines for rolling orders have...
Global steel production down 0.9% in 2020 - World Steel Association
In total, in 2020, 64 steelmaking countries smelted 1 billion 829.140 million tons of alloy, which is 0.9% less than in 2019....
Interpipe fully repaid Eurobonds debt
Now the financial condition of Interpipe is stable and stable, said Denis Morozov, Director for Economics and Finance of Interpipe....
EVRAZ considers potential spin-off of coal business
This decision could allow Evraz to focus on developing its steel business and create a separate coal business, which is currently consolidated under...
China to accelerate development of all-weather batteries for electric vehicles
The ministry will require car manufacturers, battery manufacturers and research institutes to accelerate the development and preparation for serial...
