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Gold inflows into ETFs reached 1,000 tons

Goldman Sachs Group Inc. said that bank gold prices will rise to $ 1,600 an ounce over the next six months....

China's steel capacity to peak at 1.2 billion tonnes in 2019

Expansion of steel production capacity in China will peak in 2019, after which it is planned to decline....

US-China trade war reaches a fundamentally new level

The US President increased import duties on Chinese goods, emotionally reacting to the retaliatory measures of Beijing, which increased its duties...

China Steel Corporation has reached the limit of its ability to absorb rising costs

However, given the market situation, Taiwan's largest metallurgical company raised prices for only two types of rolled metal - galvanized steel and...

Steel consumption growth in India slows down

The growth in demand for steel was not supported by the car manufacturers in India, and economic factors also played a negative role....

The future of electric vehicles is being shaped in China

In major Chinese cities such as Beijing, Shanghai and Shenzhen, municipal policy poses maximum barriers for people intending to obtain license...

Germany's largest steelmaker sues European Commission

Thyssenkrupp believes that the European Commission's decision to block the merger of its steel assets in Europe with Tata Steel was illegal....

Chilean copper miner Antofagasta's profit jumped 44% in 1H

Antofagasta expects copper production to decline in 2020 to 2018 levels due to lower copper grades at its Centinela mine....

CISA: Steel prices are still stable, but may fall by the end of the year

Metallurgical enterprises in China must carefully analyze the situation with demand, deliberately control production and maintain a stable market,...

Russian metal rolling in Europe can be bought online with delivery in 3 days

Russian metallurgical giants Severstal and NLMK Group plan to enter the European e-commerce market....

EU to cut annual liberalization of steel imports

Last week the European Commission (EC) proposed some adjustments to the existing safeguards for the import of steel products into Europe to the...

General Motors and Volkswagen go all-in on electric vehicles

The companies considered that since large funds are invested in the production of electric vehicles, it is not rational to spray them on...

The new owner of British Steel will not "bother" with the number of staff

Ataer Holding, which signed an exclusive agreement to buy British steel company, which went bankrupt in May this year, could cut hundreds of jobs in...

In the USA, metals are mined from used "Winchesters"

American researchers have learned how to extract rare earth elements from electronic waste....

Indian metallurgists predict difficult times

India's steel sector will weaken in FY20 due to the dual impact of lower prices and higher raw material costs....

US Department of Commerce accuses China of transit of its stainless steel through five countries

The US Department of Commerce will investigate supplies of anti-corrosion steels from Costa Rica, Guatemala, Malaysia, South Africa and the United...

UK Steel publishes its government requirements in a mini-manifesto

Metallurgists have put forward a number of requirements for Boris Johnson to breathe new life into the industry....

Shares of American metallurgists rose sharply

The reason for the rapid growth of quotations in a weakening market was the decision of the Trump administration to postpone the introduction of...

Indian auto market records biggest sales drop in 19 years in July

SIAM reported that passenger car sales in July were also their worst since December 2000, when the segment declined 39.86 percent....

Liberty Steel claims to profit from smart IT

The UK's only profitable metals company uses cloud software from Infor and is very happy with it....

Three floors at the same time: new South Korean technology for the construction of reinforced concrete structures

The new technology can also cut construction costs by up to 15 percent and reduce carbon emissions by more than 1.5 percent....

The historic downturn in China's auto market continues

Statistics released on Monday August 12 show that car shipments to China continued to decline in July, increasing the historical market downturn....

The owner of the Turkish Erdemir is ready to invest a billion pounds in the future of British Steel

Turkish military pension fund Ataer Holding plans to commit £ 900m to revive Britain's second largest steel producer, British Steel....

Tata Steel cuts capex by almost 30% due to lower demand

Tata Steel is revising its capital expenditures (investments) for 2019-2020, taking into account the prevailing market conditions and lower cash...

Indonesia to become Asia's electric vehicle manufacturing hub

Indonesia intends to stimulate the development of the electromobility industry at the state level....

ArcelorMittal Kryvyi Rih promises investments to reduce atmospheric emissions

ArcelorMittal Kryvyi Rih will continue the global modernization of the enterprise - in the next five years, investments will amount to more than $...

Voestalpine EBITDA Falls Amid Uncertain Macroeconomic Environment

Austrian steelmaker Voestalpine reported a 28 percent decline in first-quarter core profits on Wednesday, driven by a "sharp drop" in the...

British Steel lenders insist on plant closure

The main contender for the purchase of the bankrupt British Steel remains the Turkish company Erdemir, which carefully conceals its interest....

Australia wants to streamline extractive sector regulation

The Australian Productivity Commission will conduct a 12 month study to streamline regulation in the natural resource development sector....

The largest mining companies are looking for ways to make money on the electric car boom

Lithium prices tripled between mid-2015 and last May due to fears of material shortages, and then fell by more than a third as new mines were...

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