The Russian Ministry of Industry and Trade announced an increase in steel demand in the domestic market that began in the third quarter....
News
JSPL steel mill manager stoned to death
Motiram Pal was found dead on Monday morning. The police are considering the version of intentional murder. Since Pal was the logistics manager for...
Tesla seeks to keep falling sales in China with insurance discounts
U.S. automaker changes insurance stimulus scheme in China to spur buying after EV sales plummeted by 14%....
China to halve ferroalloy production due to weak demand
Indian exporters of ferroalloys are preparing to take advantage of the reduction in production in China, which will receive additional opportunities...
The owner of the Dnipro iron and steel works commented on reports of absentee arrest in the Russian Federation
The press service of Alexander Yaroslavsky announced the illegal persecution of the Kharkiv businessman, motivated by the context of the current...
ArcelorMittal invests $25 million in nuclear technology development
The investment can accelerate the world's zero-emissions transition and support the decarbonization of the steel industry, which is inextricably...
UK extends ban on Russian gold imports
The supply of gold processed in third countries and containing gold from Russia is now prohibited, as well as the import of gold jewelry, expanding...
EU extends anti-dumping duties on cold rolled steel from China and Russia
Anti-dumping duties in the range from 19.7% to 22.1% have been preserved for imported metal products of Chinese metallurgists, for Russian ones -...
Zaporizhstal summed up the results of production in October 2022
Since April 2022, the plant has been operating at an average of 50% of its capacity due to the escalation of hostilities in the region....
Belarusian steel plant reoriented to new markets
The plant announces its entry into alternative markets and provision of orders until the end of this year....
Metinvest Group filed lawsuits against Russia with the European Court of Human Rights
The Metinvest Group of Rinat Akhmetov and Vadim Novinsky announced that 16 enterprises of the Group have filed suits with the European Court of Human...
Metallurgists in Kosice win wage increase after 6 months of struggle
At the US Steel mills in Kosice, the monthly wage rate for each worker will be increased by 80 euros per month....
Turkey has excellent prospects in the European steel market - Mediterranean Exporters Association
Exports of ferrous and non-ferrous metals from Turkey in the first nine months of 2022 amounted to $11.1 billion, up 26.5% compared to the same...
The new American nuclear industry has a Russian problem
A new generation of small nuclear power plants faces fuel shortages...
Azerbaijan Metallurgical Company signed a number of memorandums with Polish colleagues
Baku Steel Company signed memorandums of cooperation with companies from Poland, represented by metallurgical companies and wholesalers of rolled...
Novokramatorsky Mashzavod supplied Metinvest with an overhead casting crane with a lifting capacity of 320 tons
Completion of installation and commissioning of the KMEL-320+100/20-21.5-26/29/30-A8-U2 crane with a rated lifting capacity of 320 tons, static and...
European metallurgists failed to raise prices by reducing steel production
In early September, European steelmakers were pushing for massive price increases to protect profits from a sharp rise in energy prices. These...
ArcelorMittal Kryvyi Rih resumes iron ore mining after successful sale in Poland
In September, the Kryvyi Rih enterprise managed to export an additional 50 thousand tons of iron ore concentrate to Poland, which allowed...
Metallurgical company Salzgitter and Sunfire complete green hydrogen project
To date, almost 100 tons of hydrogen gas have been used in annealing processes and galvanizing plants for steel finishing....
London is disappointed with the plans of metallurgists to leave the British business and asks for negotiations
High electricity prices make it pointless to produce steel in the UK, but the shutdown will cause mass layoffs in the depressed regions of the Foggy...
POSCO Holdings and LG Energy Solution to jointly produce secondary batteries
POSCO Holdings and LG Energy Solution have strengthened cooperation in the production of secondary batteries. Both companies promised to expand...
Ukraine reduced the procurement of scrap metal by 73%, and its export by 13 times
Export of scrap metal from Ukraine in January-September 2022 amounted to 35.2 thousand tons, which is 12.9 times less compared to nine months of last...
US and EU agree to speed up steel talks
Another meeting of the US-European Trade and Technology Council is scheduled to be held in the United States before the end of the year....
Tata Steel plans to leave Europe due to energy prices
Tata Steel owns the UK's largest steel mill at Port Talbot in South Wales and employs approximately 8,000 people across the country....
Ukraine almost completely stopped the export of coke
As a result of hostilities in eastern Ukraine, most of the mines and coking plants ended up in territories not controlled by Kyiv....
Iron ore prices fall to 11-month low
Iron ore reached its all-time high of 229.50 in May 2021. Today, its quotes on Chinese stock exchanges are at the level of 96 - 97 dollars per ton...
Income from Ukrainian steel exports decreased by 62% since the beginning of the year
In January-September of the current year, the metallurgical enterprises of Ukraine reduced the proceeds from the export of ferrous metals to $3.97...
The Federal Antimonopoly Service of the Russian Federation is preparing a draft law allowing to adjust the antimonopoly fines of metallurgists
In February, the Federal Antimonopoly Service found major Russian metallurgists guilty of violating antimonopoly law and ordered them to stop abusing...
The German Thyssenkrupp announced the “strong blow” of the energy crisis to the factories of the concern
Rise in energy prices has become a "strong blow" to the enterprises of the largest steel producer in Germany....
Belarusian Metallurgical Plant plans to increase supplies to Bashkortostan
BMZ plans to increase the supply of metal products to the Republic of Bashkortostan, which will be facilitated by the growth in demand from the oil...