Quarterly profit of the largest producer of stainless and special steel in Europe fell 9 times due to weak demand and low prices....
News
The Japanese will help build a bridge in Nikolaev
Cooperation with the Japan International Cooperation Agency is extremely important for Ukraine, President V. Zelensky said....
World gold mining will set a new record in 2019
In 2019, gold production in the world will grow by 2%, and will reach 3407 tons. Further, the positive dynamics will continue, but from 2024 it will...
Schmolz + Bickenbach announces crisis in the steel market
Uncertainty in the most important end markets, such as the automotive industry, which transcends the usual cyclicality, has led to a crisis in the...
Moody 's predicts a slowdown in steel demand growth in Russia
Demand for Russian steel will grow by 1-2% in 2020 after an abnormally high rise of 4-5% in 2019....
The ship that brought coal to Ukraine from Colombia called at the Russian port of Ust-Luga
DTEK announced that they brought another consignment of coal from Colombia to Ukraine....
European steel buyers expect further price reductions
British think tank MEPS has published a new forecast for the EU steel market for the first time in many months. And this forecast cannot be called...
Steel prices in India fell to a three-year low
Falling demand for steel from the automotive and construction industries has brought down Indian prices for rolled metal, which in turn has made...
A quarter of all electricity imports to Ukraine are supplied by Russia
At the moment, the import of electricity from Russia is 170 MW, and the total import to Ukraine is 750 MW....
A safe full of gold discovered at the site of a dam break near Krasnoyarsk
As part of the investigation of the criminal case, on October 22, 2019, in the daytime, after one of the backwaters was drained by the Ministry of...
Young Germans dream of working in the automotive industry
In 2019, the first places in the ranking of the most popular employers among those who graduated and work in Germany are occupied by the automakers...
Emirates Steel Receives U.S. Patents for Continuous Casting
Emirates Steel has been awarded two patents for its innovations in power conversion and continuous casting techniques to produce a single casting...
Armenian NPP thanks Turboatom for modernization
The Armenian nuclear power plant is grateful to Kharkiv Turboatom for the complex of work performed on the modernization of the turbine unit...
American tanks Abrams and BMP Bradley appeared on the border with Belarus
Lithuania said that this is a message from Russia that the United States is involved in its containment....
India will check all imports of stainless steel from Indonesia
Indian companies have announced that the Indonesian government might subsidize stainless steel imports and demanded countervailing duties....
Exxon Mobil is sued for first ever climate lawsuit
Exxon has been evaluating new projects based on lower forecast costs associated with climate change, showing investors inflated figures, prosecutors...
Pipe Metallurgical Company intends to increase its stake in Uralchermet
TMK Dmitry Pumpyansky intends to raise its share in the authorized capital of one of the largest Russian pipe distributors to 75%....
Buy less metal products in Brazil
Steel consumption in Brazil fell 6.4% in September amid a decline in domestic sales and imports....
Liberty Steel wants to catch a fish in a murky story with British Steel
Billionaire Sanjeev Gupta has resumed talks with the British government over a takeover of British Steel amid growing concerns over the prospect of...
ArcelorMittal may stop the largest metallurgical enterprise in the European Union
Italy's governing coalition has decided to waive the legal guarantee it previously provided to the ArcelorMittal steel mill in Taranto....
Administration of the seaports of Ukraine offered to discuss its strategy
The collection of proposals on the draft updated corporate strategy of the USPA will continue until the end of November 2019....
The muddy story with the sale of British Steel to the Turks may end in a complete fiasco
The Turkish military pension fund may refuse to buy the bankrupt British metallurgical company, as some of its transactions for the supply of...
Metinvest will disclose data on the operation of filters at the Mariupol sinter plant
The company is committed to a constructive dialogue with the public, as well as the city and regional authorities, Metinvest stressed....
Severny GOK will update electrostatic precipitators as part of the Kryvyi Rih environmental program
The company assures that modern gas cleaning equipment will reduce dust emissions into the atmosphere by three times....
Gladkovsky continued his hunger strike after leaving the jail
Oleg Gladkovsky noted the illegality of his detention and states that there are no signs of a criminal offense in his actions....
The construction industry in Ukraine is growing faster than other types of economic activity
The increase in construction volumes amounted to 21.2% compared to the same period last year, which is the highest growth among other types of...
Turkish steel production plummets 10% in 9 months
Total crude steel production in Turkey in January-September fell to 25.3 million tonnes...
Sales of passenger cars in China decreased by 12% in 9 months of 2019
The China Association of Automobile Manufacturers records a continuing decline in passenger car sales as of early October....
Profits of the Chinese metals sector remain limited in October
The profitability of Chinese metallurgists is negatively affected by lower demand and higher prices for iron ore....
Anglo American may crash the global copper market
According to the company's CEO, its new copper mine in Peru may have sufficient reserves to support a century of low-cost production....