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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...
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...
Indian demand for iron ore is projected to grow at around 8 percent
Over the next five years, demand in the Indian iron ore market will increase by 7-8 percent per annum, in line with forecasts of growth in the...
Nord Stream 2 investors will sue the European Union
Nord Stream 2 AG has filed a lawsuit in a European Union court of general jurisdiction demanding to eliminate discrimination against investments in...
In Germany, outraged by the budget financing of the purchase of toxic gases
German energy company RWE has received EU funding to buy sulfur dioxide (SO2), the same toxic gas they emit when burning coal in their power plants....
ECB announced measures to revive the Eurozone economy
The base interest rate remains the same - 0.0 percent, the main European Central Bank decided. At the same time, the ECB is considering a number of...
Integrated border management strategy approved in Ukraine
The Cabinet of Ministers of Ukraine at a meeting on July 24 by its order approved the National Strategy for Integrated Border Management until 2025....
Aluminum dissonance: why prices have declined despite supply shortages?
The market is creating preconditions for a sharp rise in world prices for aluminum, which may begin as early as 2020....
A brief tour of the South African metallurgical industry
South Africa Basic Iron and Steel Manufacturing and Wholesale, 2019, with profiles on 49 industry players - ResearchAndMarkets.com...
Chinese officials blame small steel mills for poor ecology
According to the representatives of the China Iron and Steel Association, small iron and steel works, which are in private hands, spoil the air and...
Nissan to cut 12,500 jobs as earnings slump in first quarter
Nissan's April-June operating profit fell to 39.52 billion yen on average from 109.14 billion yen a year earlier, or more than doubled....
Tesla lost another 11 percent of its value after the publication of the report for the second quarter
The American electric vehicle maker sold a record number of cars in the second quarter, but has not been able to break even....
Russia could not do without Ukrainian wheels
The Board of the Eurasian Economic Commission has suspended the anti-dumping duty on Ukrainian solid-rolled steel wheels due to their shortage in...
Steel prices in India fell to 19-month low
Hot rolled and cold rolled coil prices in India have declined by about Rs 3,000 per tonne over the past 40 days, mainly due to the continuing...
Vietnam increases steel and pig iron exports to Asian countries in the first half of the year
Vietnam's overseas sales are up more than 20 percent in the six months since the beginning of the year....
Liberia launches first steel plant in the country
The opening of the steel mill demonstrates the government's willingness to work with the business community and investors to invest in the...
BHP Provides $ 400 Million to Reduce Pollution from Its Operations
CEO Andrew McKenzie has announced plans to more closely align company pay with environmental goals....
