Overheating of the market could have dire consequences for distributors who buy rolled metal at inflated prices after steel prices return to normal...
News
ArcelorMittal Kryvyi Rih defended its production program for 2021
Protection of the mining program with the participation of the State Labor Service is an instrument of control by government agencies regarding...
Indonesian protesters burned down factory demanding wage increases
“The government is currently working hard to attract investment to Indonesia,” said the country's industry minister during a protest....
Hot rolled sheet prices in the US are ready to surpass the $ 1000 per tonne mark
Hot rolled coil (HRC) prices in the US are up again this week as mills are unable to keep up with skyrocketing steel demand....
China will replace Australian coal imports with supplies from Russia
Russian coal miners are rushing to take advantage of the conflict between China and Australia, which has raised prices in the PRC, in order to...
Chinese lunar module with mineral samples headed for Earth
China's Chang'e-5 lunar probe has completed its second correction in its Moon-Earth transfer orbit....
Belarus suspends export of petroleum products through Lithuania
A subsidiary of the Belarusian oil company BNK has temporarily suspended the export of oil products through the Lithuanian port of Klaipeda under new...
EU lacks unity to impose sanctions on Turkey
Individual interests did not allow EU leaders to take decisive measures. This applies not only to measures against Turkey, but also to Belarus and...
The situation at the SE "Directorate of KGOKOR" is critical - the Trade Union of Metallurgists and Miners of Ukraine
The labor collective of SE "Directorate of the Kryvyi Rih Mining and Processing Plant of Oxidized Ores" has been working part-time for the...
The owner of Severstal Alexey Mordashov will receive a new yacht 142 meters long for the New Year
A vessel worth at least $ 300 million will be included in the five largest yachts of the richest Russians....
"National Cycling Strategy" will appear in Ukraine
Cycling strategy will improve road safety for pedestrians and cyclists, and create a national cycling network and related infrastructure....
Ukraine and Germany discussed prospects for cooperation in hydrogen energy projects
The results of the First German-Ukrainian Energy Day showed intentions to deepen practical cooperation in the energy sector....
Dnipro Metallurgical Plant will produce 20 deep-bottom molds monthly
In the future, the plant will produce 20 dead-bottom molds per month....
In 2021 Zaporizhstal will start producing seven new types of rolled metal
In 2020, the Zaporizhstal combine mastered the production of eight new types of hot-rolled and cold-rolled steel...
China plans to invest $ 5 billion in lithium battery production in Indonesia
Indonesia intends to begin processing its rich reserves of nickel laterite ore for use in lithium batteries in a bid to ultimately become a global...
Former General Director of ArcelorMittal Kryvyi Rih Artem Polyakov headed Interpipe
The international vertically integrated pipe and wheel company INTERPIPE has appointed the former General Director of PJSC "ArcelorMittal...
Australian mining stocks plunge as China refuses to buy their coal
Australia says it will take full advantage of reports of restrictions on the import of coal into China....
Ukrainian metallurgists increase gas consumption despite a reduction in steel production
Ferrous metallurgy enterprises of Ukraine increased their consumption of natural gas by 3 percent in eleven months of this year....
Major European automakers will stop producing cars with internal combustion engines until 2040
Daimler, Scania, Man, Volvo, Daf, Iveco and Ford have signed a pledge to phase out traditional combustion engines by 2040....
Iron ore prices hit seven-year high and continue to rise
The construction boom in China amid complicating relations with Australia, the country's largest supplier of iron ore raw materials, and a...
China's industrial production rose 7% in November
Chinese industry accelerated its growth from 1% in October to 7% in November (both compared to last year)....
Kolomoisky's plant in the USA mines cryptocurrency instead of producing ferroalloys
The problematic ferroalloy plant of the Ukrainian oligarch in the United States is quietly mining bitcoins and laying off staff....
Belarus starts negotiations with China on investment and trade
The negotiations are aimed at implementing the agreements of the heads of Belarus and China on deepening investment cooperation with an emphasis on...
US Secretary of State announced sanctions against Turkey over purchase of S-400 from Russia
Turkey must now "immediately resolve the issue of the S-400 in coordination with the United States," said Mike Pompeo....
Ukrmetallurgprom: We hope that the positive dynamics in reducing freight car turnover will continue
Today, the delivery time has become predictable, which returns Ukrzaliznytsya its competitive advantages in the transportation market....
The oldest and largest winery of Crimea "Massandra" sold for 5.32 billion rubles
The Crimean winery "Massandra" for 5.32 billion rubles was bought by the structure of the bank "Russia". Its only competitor at...
Chinese steelmakers suspect iron ore suppliers of price fixing
The skyrocketing price of iron ore in China is abnormal, the PRC Iron and Steel Association said....
ArcelorMittal Kryvyi Rih became a participant of the round table "Ukrzaliznytsia" with the main shippers of the country
ArcelorMittal Kryvyi Rih is one of the largest shippers of the railway, annually the company transports about 5.7 million tons of metal products....
Europe should 50 times increase the number of electric vehicles on the road by 2030
The European Association of Automobile Manufacturers announced problems in the implementation of the plan to reduce CO 2 emissions by 55% by 2030....
