Moody 's revised outlook for Indian steelmakers to negative due to problems in the automotive industry and rising costs....
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Moody's: Profitability of Asian steel producers will decrease by 15 percent
Weak end-user demand for steel and rising raw material costs cloud the outlook for the metals industry in Asia....
Bryah Resources and OMM to jointly search for manganese in Western Australia
The JV will own what is considered the largest historically explored manganese mine, Horseshoe South Manganese, in Washington state....
Economic downturn: steel consumption in India will be the lowest in three years
Economists, financial leaders, industry leaders and Indian media question the effectiveness of government measures to stimulate domestic demand in...
Iran increases production of rolled steel by 8 percent
Slabs and billets accounted for more than half of the rolled metal produced in Iran during the first four months of the current Iranian calendar...
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....
