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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 2...
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...
GAIL Completes Vendor Selection for Pradhan Mantri Urja Ganga Pipeline Project
State gas company GAILNSE 0.34% India, on Friday announced that it has completed all major contracts for the ambitious Pradhan Mantri Urja Ganga gas...
US President Imposes New Sanctions Against Iranian Steel Industry
The new restrictive measures provide for the blocking in the United States of the assets of persons related to the metallurgical production in Iran....
ArcelorMittal announces significant drop in earnings due to low steel prices
ArcelorMittal, the world's largest steel company, said Thursday that its first-quarter net profit fell due to falling prices, while competition from...
China's steel and iron ore weakening amid renewed trade tensions
Chinese steel and iron ore futures fell on Wednesday after hitting multi-week highs in the previous session as the market remains concerned about...
Steel trade war costs US companies $ 11.5 billion a year
US steel prices rose after Trump imposed 25 percent tariffs on imported steel for some countries in March, and then expanded tariffs for most...
USA: Winners and Losers in Trump's Trade War with China
President Trump's trade war with China has sparked global retaliation, and the rise in protectionism that has followed has had a significant impact...
Minnesota environmentalists step up fight against Twin Metals copper project
The lawsuit challenges the government's decision to reverse an existing Obama-era decision that has blocked all new mining projects on the watershed...
Steel production declines in India
Steel production in India fell about 0.3 percent to 27.33 million tonnes in the first quarter of calendar 2019, according to data from the World...
India becomes a net steel importer again
Growth in domestic steel consumption in India is expected to slow but remain above 7 percent....
Volkswagen sticks to its sales growth forecast
Volkswagen was able to achieve the forecasted performance despite a € 1 billion court fine....
MEPS predicts new record for stainless steel production
British analysts predict that global stainless steel production will rise to nearly 53 million tonnes this year....
Rusal: global demand for aluminum will grow by 3 percent
One of the world's largest aluminum producers, the Russian company Rusal, analyzed the state of the aluminum market in the first quarter and made a...
Norsk Hydro announced the amount of damages from cyber attacks
Norsk Hydro expects cyberattack mitigation costs in the first quarter to be around $ 52 million....
China Iron and Steel Institute warns of difficult times for metallurgists
CISA predicts lower demand for iron and steel in China due to structural changes in the world's second largest economy, and insists that the...
