Papers of the leading Russian mining company at the Moscow Exchange on Friday broke through the psychological level of 15,000 rubles per share,...
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Falling Auto Demand in India Affects the Steel Industry
The Indian auto industry is increasingly plunging into a crisis, many manufacturers are suspending the production of new cars, and dealers are...
Indonesia Announces Start of Electric Vehicle Production in 2022
Indonesia plans to start producing electric vehicles (EVs) in 2022, according to a senior Industry Ministry official, after a number of companies...
Ferrochromium prices fall as global stainless steel production declines
Ferrochromium prices in all regions have fallen to their lowest in the past two years due to falling demand amid a decline in stainless steel...
Indian Buyers Against Additional Import Duties
India currently has an import duty of 10 percent on long products and 12 percent on flat products....
Hebei Iron and Steel will build a plant in the Russian Far East
Chinese investors have chosen the site for the construction of a new metallurgical plant in the Primorsky Territory of the Russian Federation....
Czech CEZ provides funding for European Metals lithium project
Demand for lithium, an important component in batteries, will grow as the electric vehicle market in Europe picks up steam....
Nickel prices skyrocket
Shanghai nickel prices are close to year-on-year highs amid low inventories and problems with availability and imports....
Liberty Steel cuts steel production in the Czech Republic by 20 percent
The British company Liberty Steel, having bought a steel complex in Ostrava, Czech Republic, from ArcelorMittal a couple of weeks ago, announced a...
ArcelorMittal Temirtau refused to cooperate with Gazpromneft due to sanctions
The Kazakh division of ArcelorMittal fears that the contract with Gazpromneft creates reputational risks for its CEO Paramzhit Kalona, who also...
Magnitogorsk Iron and Steel Works predicts high demand for metal products in the Russian Federation
In the second quarter of 2019, the demand for metal products in the Russian market remained at a high level, which was associated with the start of...
Antofagasta and Barrick win $ 6 billion legal battle with Pakistan
The World Bank Tribunal awarded nearly $ 6 billion to Tethyan Copper (TCC), a joint venture between Antofagasta and Barrick Gold Pakistan, thus...
China to check closed steel mills
Officials in Beijing suspect that some of the metallurgical enterprises that have been liquidated continue to manufacture products and pollute the...
Agreement on duty-free delivery of Ukrainian pipes to the USA canceled
The United States canceled the Duty Suspension Agreement on US imports of oil and gas pipes originating from Ukraine and introduced a tariff of 7.47...
Trump will force officials to buy American steel
95 percent of the steel and pig iron used for US government projects will be provided by US firms...
Hurry to Buy: British Steel Bid Deadline Expires at Midnight
The official liquidator of Britain's second-largest steel company, which went bankrupt a month ago, hopes to sell the Scantrop plant and other...
China's economic growth slows down due to trade war with the United States
China's growth rate of 6.2 percent in the second quarter of this year was the lowest in nearly 30 years. The reason is the trade war with the United...
Indian company invests $ 3 million in electric vehicles
A significant part of the company's products will be based on lithium ion technology, given its advantages, as well as government support....
China's steel production remains at a record high
Average daily steel production in China in June was about 2.92 million tons, up from 2.87 million tons in May....
Asia calculates losses from China-US trade war
Prices for metals and commodities in Asia began to decline steadily, sagging under the influence of trade restrictions resulting from rising...
How much should a citizen of Ukraine pay for electricity?
If the electricity market becomes a reality, then, according to the calculations of experts, the price of a kilowatt hour may triple for citizens....
KFC Indonesia Launches Steel Drinking Straw
Stainless steel drinking straws are marketed as an environmentally friendly substitute for plastic counterparts, but can be very dangerous to users....
Lookers British auto show fell 30 percent
British auto show Lookers spoke about its full-year profit on Friday, stating that trading was getting more difficult, leading to a 30% drop in the...
China plans to tighten emissions controls at steel mills
New measures by Chinese officials could affect more than 60 percent of the world's largest steelmaker's steel capacity....
Fitch sees big risks for Turkey due to the supply of Russian anti-aircraft systems
Fitch Ratings downgraded Turkey's long-term issuer default rating (IDR) to 'BB-' from 'BB' with a negative outlook due to the firing of the central...
Chinese imports of iron ore fell to three-year low
Data from China's General Customs Administration show that ore supplies to the PRC, disrupted at the beginning of the year after the disaster in...
Japan and South Korea fell out completely
Japan threatens to exclude South Korea from the "white list" of countries with minimal trade restrictions, considering these measures...
Russia may again allow the re-operation of used pipes
The Ministry of Energy of the Russian Federation will try to lift the ban on waste products and allow their re-operation....
India intends to increase investment in the processing of ferrous scrap
Ferrous scrap is used as a raw material for steel production in electric arc and induction furnaces, which account for about 35-40 percent of total...
Protectionism fails to balance the steel market
The steel market can be characterized as generally unstable, since there is still a lot of uncertainty, and any event that is insignificant in a...
