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US Steel announces suspension of steel production at two US plants

The U.S. steel industry is starting to shut down capacity, showing signs of weakness despite Trump's support....

Voestalpine wins 10-year contract with engine manufacturer Rolls-Royce

The signing of the Rolls-Royce contract is the result of intense innovation and investment in recent years and is an absolute milestone in terms of...

S&P Global Platts: China's steel market has grim prospects

The S&P Global Platts China Steel Sentiment, which measures the outlook for new steel orders for next month, fell 4.37 from 12.47 or 100...

An electric plane was presented for the first time in France

All-electric aircraft maker Eviation Aircraft has announced its first commercial customer, Cape Air, a Massachusetts-based regional airline that...

China will impose additional restrictions on steel smelting

Tangshan City officials are urging steel mills to take environmental pollution more seriously....

Australian company Pilbara to reduce lithium production in June-July

Australian lithium producer Pilbara Minerals is moderating its June and July production volumes due to delays in chemical conversion facilities...

China will introduce quotas for the supply of metals to the United States

US military firms may face Chinese restrictions on the supply of rare earths....

Lawyers cash in on Volkswagen's dieselgate for € 1.77 billion

Consultants and lawyers due to the scandal with the manipulation of data on emissions cost the car concern 1.77 billion euros. At the same time, the...

ArcelorMittal South Africa faces serious environmental charges

Lakshmi Mittala has been given over ten years to make the necessary changes to comply with South African environmental laws....

Indian auto steel demand forecasts remain disappointing

In July-September, the demand for automotive steel in India is likely to continue to decline, as car production continues to be negatively impacted...

Russia introduces export quotas for ferrous scrap

In addition to the introduction of duties, export quotas are envisaged with a correction factor applied for each region of the Russian Federation....

Ford opens new research center in Tel Aviv

Ford Motor, the legendary American automaker, said on Wednesday that it has opened a research facility in Tel Aviv, thus becoming one of several...

Indian state bans iron ore mining over sacred hill

The project was approved during the term of the previous state government, but the election brought a party to power that listened to the complaints...

Amazon overtook Apple to become the most expensive brand in the world

Amazon topped the list of the most valuable brands in the world and outstripped last year's leaders Apple and Google....

Finnish regulator positively evaluates uranium mining company Terrafame

Terrafame plans to mine uranium produced as a by-product of other metals and turn it into yellowcake....

Sandvik showcased new equipment at Coal of Russia and Mining 2019

Sandvik Mining and Rock Technology took part in the international specialized exhibition "Coal of Russia and Mining 2019", which took...

Indian iron ore sales to China plummet

Mining operations in Goa have been suspended since March 2018, and work is not expected to resume anytime soon due to delays in court decisions...

Electric vehicle sales in South Korea gain momentum

The South Korean government has offered the world's highest subsidies to electric vehicle makers, while at the same time eliminating sales...

Chinese steel exports fell to three-month low in May amid rising domestic consumption

Chinese steelmakers have reduced overseas steel supplies due to increased domestic demand at the peak of seasonal consumption....

South Korean metallurgists complain of growing environmental burden

South Korea's increasingly stringent environmental regulations are hampering the steel industry, which is already plagued by falling sales and...

France agrees to cut its stake in Renault to support Nissan deal

The French government welcomed the original merger plan, but replayed its line by insisting on a series of guarantees and concessions that...

Toyota forges contacts with Chinese battery manufacturers

The company predicts Toyota's demand for batteries for electric vehicles will grow approximately 20 times by 2025 compared to 2018....

Nyrstar announces force majeure at Port Pirie lead plant

Nyrstar ceased production at its lead and zinc plant in Port Pirie, Australia and declared force majeure, a Belgian steel company said Thursday....

US Uranium Mining Companies Support US Commerce Department Recommendations

Rare earth minerals are essential for the production of mobile phones and a variety of other consumer goods, as well as fighters. Uranium is mainly...

China's steel sector can only rely on the real estate sector

China's real estate sector appears to be the most resilient of any other economic sector today, fueled by financial incentives and supported by...

Voestalpine Cuts Dividend by One-Fifth Due to Slower Economic Growth

Problems in the metallurgical sector in Europe are growing: the largest metallurgical company in Austria announced a cut in dividends after falling...

Neometals promotes battery recycling strategy

Perth-based innovative materials company Neometals has come close to proving the technical and economic viability of a proprietary process for...

Indian mills raised steel prices in June

India's major integrated steel mills raised their domestic list prices for most steel products in June, although buying interest remains weak....

Stainless steel manufacturers in China stop production

Smelting and rolling stainless steel in China has become economically unprofitable....

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