The global market for iron and steel castings will increase to 2.5 trillion US dollars by 2030 with an annual growth of 5.5% - Spherical Insights...
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Oman to build a new steel plant worth $3 billion in 3 years
The construction of the new steel plant is expected to be completed by 2026, after which it will produce five million metric tons of green steel per...
Tesla's Shanghai gigafactory set a new record for electric vehicle shipments in November
In November 2022, deliveries from Tesla's Shanghai plant amounted to 100,291 electric vehicles, a record figure, data from the China Passenger Car...
Sanjeev Gupta may lose control of his steel plants in Belgium
The two Belgian steel mills, which together employ about 650 people, are operated by GFG's steel division, Liberty Steel Group. GFG acquired the...
Steel demand and weather in Australia will affect coking coal prices
Exports of Australian hard coking coal in January-September this year amounted to 79 million tons, which is 6% less than a year earlier. Exports of...
Australian mineral exploration spending reaches record high
Non-ferrous metals exploration spending is trending upward, double its level two years ago and more than four times its 2016 level....
Energy efficiency investment worldwide tops $1 trillion in 2 years
If the current rate of progress can be continued in the coming years, 2022 could mark a turning point for energy efficiency, which is one of the key...
Brazilian steel industry expects modest growth in 2023: Aço Brasil
According to the Aço Brasil Institute, steelmakers in Brazil expect modest growth in production, sales and apparent consumption in the country in...
China's iron ore output to rise in 2023 as new projects are launched
According to consulting firm Nanhua Futures, due to weak interest from China's steel sector, which is in the process of reducing production, the...
Metinvest enterprises in Ukraine resumed work after massive shelling of infrastructure
Although the electricity supply has since been partially restored, industrial producers use electricity from the grid within the available quotas,...
The European Council added the violation of restrictive measures (sanctions) to the list of EU crimes
The European Council today unanimously decided to add the violation of restrictive measures to the list of "EU crimes" included in the...
The abolition of export duty in India may reduce the price of Turkish steel
The Indian steel industry, which is a major steel supplier to Turkey and Ankara's competitor in major export markets, seeks to increase its...
Australia and the UK aim to catch up and overtake China in the battery metal sector
Critical minerals businesses in Australia and the UK plan to create an integrated battery supply chain to prevent Chinese companies from monopolying...
The United States imposed a ban on the import and sale of equipment from Huawei, ZTE and a number of other Chinese companies
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The pipe metallurgical plant in Nikopol continued to work after a short stop
Despite the energy supply problems that arose after the last rocket attack on Ukraine's infrastructure, the management of the Centravis plant is...
The state will not support the export of metals from Russia - Ministry of Industry and Trade of the Russian Federation
This year, according to the forecast of the Russian Ministry of Industry and Trade, steel production in the Russian Federation will decrease by 6–8%,...
ArcelorMittal Kryvyi Rih suspends production due to shelling of energy infrastructure
A metallurgical plant in Krivoy Rog lacks electricity due to Russian rocket attacks on Ukraine's critical energy infrastructure....
Platinum market to face shortage next year - WPIC
The global platinum market is forecast to be in deficit after two consecutive years of large surpluses and nearly 20% demand growth....
Metinvest intends to receive compensation from Russia for the destroyed plants in Mariupol
The money received by Rinat Akhmetov and Vadim Novinsky is planned to be spent on the restoration of the Ukrainian metallurgical plants of the...
Dneprovsky Metallurgical Plant received almost UAH 2 billion in net profit last year
The plant specializes in the production of steel, cast iron, rolled products and products from them. According to the NRU, for the fourth quarter of...
EU new car market continues to recover in double digits
The market for new passenger cars in the EU grew in October by 12.2% compared to September; in annual comparison for 10 months of this year, the drop...
Ukraine delivered 86,000 tons of iron ore to Turkey in September - TUIK
Supplies of Ukrainian iron ore raw materials to Turkish consumers in September 2022 were twice as high as iron ore supplies from Russia....
Mining enterprises of Ukraine reduced the export of iron ore by 38.9%
The export of raw materials was carried out mainly to China (41.90% of the supply in monetary terms), the Czech Republic (9.65%) and Poland (7.99%)....
Ukraine reduced the export of semi-finished products from carbon steel by 70.3%
The main exports of ferrous metallurgy enterprises of Ukraine were to Italy (30.90% of supplies in monetary terms), Turkey (12.77%) and the Dominican...
Russia will allocate more than $700 million for the production of domestic aircraft engines
The Government of the Russian Federation allocates more than 40 billion rubles for the production of aircraft engines for civil aviation....
Volvo starts deliveries of electric trucks made of fossil-free steel
Volvo Trucks' adoption of fossil-fuel-free steel fits well with the fact that about 30% of the materials used are derived from recycled materials....
Ukraine and the United States announced cooperation in the field of small modular nuclear reactors
Special Representative of the President for Climate Issues John Kerry and Minister of Energy of Ukraine German Galushchenko agreed on cooperation in...
The European Union has sharply increased purchases of Russian titanium
According to the statistical service of the European Union, in September, exports of Russian titanium to the EU increased by 39% to 578.7 tons....
India plans measures to stimulate domestic steel exports
Indian steelmakers saw a sharp drop in profits in July-September as prices fell due to a slowdown in global demand, and export duties on some steel...
