The companies considered that since large funds are invested in the production of electric vehicles, it is not rational to spray them on...
News
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...
"Karcher" opened a branch in Surgut
Taking into account the specifics of the region, the emphasis in the formation of the range of professional equipment was placed on enterprises of...
The first unmanned drone flew in the USA with the permission of the authorities
The first unmanned aerial vehicle (BVLOS) flight in the United States, approved by the Federal Aviation Administration, has been successfully...
Kobe Steel said it fully felt the impact of the US-China trade war
The Japanese iron and steel company fell 13 percent after publishing its quarterly report for April-June 2019. Kobe Steel shares have dropped 24...
US liquefied gas will become even more expensive due to tariffs on steel imports
On Friday, Plains All American Pipeline LP set increased tariff rates for the transportation of oil through the Cactus II pipeline from the fertile...
Tata Group Transfers India to Electric Vehicles
Tata Motors and Tata Power have teamed up to install 300 electric vehicle charging stations in 5 major cities in India....
India may impose anti-dumping duties on steel from Brazil, China and Germany
The DGTR Department of Commerce Investigation Unit has recommended the duty following the completion of an investigation into the alleged dumping of...
Vietnam cuts costs on steel imports due to falling prices
Vietnam increased steel imports in tonnage, but paid less in the first seven months of 2019...
China's steel manufacturing PMI declines in July
Chinese industry experts believe that falling demand for steel in China will recover in the third quarter, but prices for rolled steel will remain...
Outokumpu Warns of Falling Income Due to Soaring Imports from Asia
Europe's largest stainless steel producer demands decisive measures from the European Commission to reduce steel supplies from Asia....
ArcelorMittal slashes global steel consumption growth forecast
The world's largest steelmaker on Thursday revised its forecast for global steel demand, and now Europe is expected to see a sharper decline in...
Glencore reports a loss of nearly $ 350 million in profit in the first half of the year
As a result, Glencore said it is likely to cut its copper production target this year....