According to the World Steel Association Worldsteel, steel smelting in the CIS in April 2019. amounted to 8.203 million tons....
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Severstal believes that VTB Capital's forecast for the Russian market has become twice as high
Alexander Shevelev, General Director of the Russian metallurgical company PJSC Severstal, said that VTB Capital's forecast for metal...
Vedanta CEO is open to dialogue with Zambia
The statement says Zambia is abusing corporate law by calling for the liquidation of the KSM on the basis of some equity rather than insolvency....
Quantum Theater staged Shakespeare's greatest tragedy "King Lear" on the ruins of an American steelworks
King Lear continues Quantum's long-standing tradition of reimagining the classics in never-before-seen ways, setting Shakespeare's...
The profitability of the Chinese industry declined by 4 percent
Chinese statistics released Monday showed progress in the country's efforts to help reduce corporate leverage through supply-side structural...
China-US trade war crashes steel prices in Taiwan
The largest metallurgical company in Taiwan announced a forced decline in prices for steel and metal products amid falling demand in both the...
Honda's hybrid technology will bring India's EV future closer
Japanese carmaker Honda will use hybrid vehicles as intermediate vehicles for the next two years in India, before moving to electric vehicles (EVs),...
Renault, Nissan and Mitsubishi may discuss their merger in the future
Automakers Renault, Nissan and Mitsubishi may discuss a merger later in the future, French automaker CEO Jean-Dominique Senard said Saturday....
Will the UK government interfere with British Steel?
Many UK taxpayers believe the government could do more within the existing EU rules. However, the Prime Minister's resignation could prevent...
Why Credit Suisse downgraded AK Steel by two notches at once
This week, shares of American steel companies were in the "red zone", reflecting the uncertainty of investors in the prosperous...
Brazilian Vale and China CCCC jointly invest in steel plant
State-owned China Communications Construction Co (CCCC) and miner Vale SA have agreed to set up a $ 450 million steel mill in Brazil's northern...
Indian steel: optimism amid election results
Traders and distributors have been stocking up this week in anticipation of price increases following the announcement of the election results....
Dunnedin acquires copper-molybdenum-silver project in Arizona
Exploration trials in the Mojave indicate the possibility of a large porphyry-type copper-molybdenum-silver deposit....
Newcrest begins drilling for the Greatland Gold project in Western Australia
Several large gold-copper deposits have already been explored in the Paterson region, such as Nifty, Winu and Telfer, which is owned by Newcrest....
Voestalpine opens a cutting-edge research center for high-tech steels in Donavitz
The Metallurgical Division of the Voestalpine Group is the global market leader in railway infrastructure systems and associated signaling...
New Russian steel for oil pipelines prevents leaks
The newly developed steel grade improves pipeline integrity and reduces the environmental impact of Russian oil fields....
British Steel is on the brink of collapse: 25,000 jobs at risk
Financial problems could send the largest metallurgical enterprise in Great Britain under external control, and tens of thousands of workers to the...
Ford plans to lay off 7,000 employees worldwide
American car manufacturer Ford Motor is cutting 7,000 jobs worldwide as part of its company restructuring program launched in January this year....
China Trade Conflict Reflects Asian Stainless Steel Market
The slowdown in economic growth in China, exacerbated by a trade dispute with the United States, weakened a buoyant demand for stainless steel in a...
Canada has promised to urgently ratify the USMCA agreement
The USA and Canada canceled mutual duties on steel and aluminum, which were introduced in the summer of 2018....
US lowers import duties on Turkish steel to 25 percent
The President of the United States has leveled import duties on steel for Turkey on a level with other countries, but excluded the country from the...
EU steel imports growth declines sharply in Q1 2019
The beginning of 2019 was marked not only by a significant reduction in the growth of imports of foreign steel, but also by significant changes in...
Guoxuan and Tata AutoComp from China form a joint venture
Chinese battery manufacturer Guoxuan Hi-tech Power Energy has signed a joint venture agreement with Tata AutoComp Systems in India....
Gold rises in price, other metals depreciate
Stock prices for gold rose by a percentage point and approached the level of 1300 USD per ounce. In turn, prices for industrial metals (nickel,...
USA records record steel production
Thanks to President Trmp's protectionist policies, the US steel industry is operating at record levels of capacity utilization, smelting nearly...
Aluminum market overview in Q1 2019
The largest aluminum producer Rusal has prepared a report on the aluminum market in the first quarter of 2019....
Steel demand growth forecast in Europe up to 2020
Real steel consumption in the European Union increased by 0.5 percent YoY in the fourth quarter of 2018 to 41.1 million tonnes....
Brazil's only blast furnace shut down
The largest metallurgical company Arcelor Mittal has stopped operation of the only blast furnace in Brazil and is returning the leased equipment to...
Honda will continue to sell diesel models in India
The new BS-VI emission standards will enter into force on April 1, 2020 across the country....
German Thyssenkrupp will look for new partners in the metallurgical business
The largest metallurgical company in Germany has abandoned plans to create a joint venture with India's Tata Steel in favor of developing its...
