ArcelorMittal Kryvyi Rih will continue the global modernization of the enterprise - in the next five years, investments will amount to more than $...
News
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....
Australian Resolute Mining will buy Toro Gold for $ 274 million
Toro Gold's flagship asset is the low-cost, highly profitable Mako Gold mine in Senegal....
US anti-dumping duties increase pressure on Korean steel companies
South Korean oil and gas pipe producers may face serious financial problems amid global trade uncertainty and rising raw material prices....
CDP: steel industry will not be able to reduce CO2 emissions
Steel corporations are unable to cut emissions at the rate necessary to keep global warming below 2 degrees Celsius, so we are doomed to cataclysms...
Gerdau Receives $ 20 Million In Federal Support
The proposed government investment will support modernization of steel production lines and lower production costs at a plant in a province in...
For the first time, a prefabricated hot blast furnace gas regenerator assembled outside the plant
The new regenerator casing was manufactured at Danieli and installed at SSAB Sweden without the usual maintenance....
Foton Zhilan builds light electric truck plant in central China
Chinese New Energy Vehicle (NEV) manufacturer Foton Zhilan is building a NEV light truck plant in Shangqiu, Henan province in central China....
USA reduced steel imports by 13 percent
The American Iron and Steel Institute (AISI) reports that the United States imported 13 percent less steel in the first half of 2019 compared to the...
China's steel sector profits shrink inexorably
Weak demand for steel in the middle of summer is a common phenomenon in the Chinese economy, but today metallurgists are under pressure from...
Mining companies in Mexico to reforestation
Mexican mining companies will invest $ 177.2 million in environmental programs by the end of this year....
ArcelorMittal head leaves for Bosnia to post bail for arrested brother
British billionaire, the main owner of the world's largest steel company, Lakshmi Mittal, headed to Bosnia, where on Tuesday this week the court...
Posco prepares for the green car era
The challenge for Posco engineers is to find a technological breakthrough in the development of lighter steel containers by using newly developed...
Indian EV makers approve GST tax cut
On Saturday, a senior GST Council approved a decision to cut the electric vehicle tax rate from 12 percent to 5 percent starting August 1....
China's industrial profits fell 3 percent in June
The largest steel producing and consuming country in the world is losing ground amid the trade war with the United States....
Maharashtra State Government Announces Construction of NLMK Plant in India
The Russian NLMK Group received a plot in Aurangabad (Delhi-Mumbai Industrial Corridor) in Shendra or Bidkin for the construction of a new...