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...
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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...
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...
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...
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...
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...
Profits of Chinese industrial companies grew by 13.9 percent in March
In March, profits of Chinese industrial companies rose, recovering from four months of recession, which added optimism to the second world economy,...
Mariupol Metallurgical Plant certified the Primetals Technologies unit
CCM complex # 4 is designed with the latest technologies in compliance with European environmental standards. It will increase the steelmaking...
Indian Railways expect steel demand to skyrocket
State monopoly Indian Railways expects its demand for steel rails to grow by more than 38% in April 2019 - March 2020...
Argentina named the province - the leader in the export of metals
The Province of Santa Cruz is the Argentine market leader in terms of metal exports abroad. Located in the south of the country, the region is...
Worldsteel announced 2019 Sustainable Development Leaders
The World Steel Association announced the 2018 sustainability leaders among steel companies in the world on Tuesday....
Voestalpine has started construction of the main building of the new steel plant in Kapfenberg
A year after the groundbreaking ceremony for the world's most modern special steel plant, construction work on a € 350 million project in...
The US Congress "knocked " the results of the duties on steel
Beginning March 23, 2018, Trump applied 25 percent and 10 percent tariffs on steel and aluminum imports, respectively....
Gold smuggling in India declines due to tougher fight against vote bribery
Indian smugglers have dropped their activity sharply amid fears of seizure of their supplies of cash, gold bars, alcohol and drugs due to tightening...
The European Union finally made changes to the Gas Directive of the Third Energy Package
A directive adopted by the EU Council to extend European standards to offshore pipelines and, according to analysts, will complicate the...
Steel exchange prices in China are close to historic highs
Shanghai steel futures in China rose to a 7.5-year high on Monday, supported by strong demand and expectations that the government will strengthen...
Nickel supply interruptions expected in China
Concerned about nickel supplies, Chinese battery manufacturer BYD welcomes discussions on joint ventures....
Steel consumption in India to reach 100 million tonnes in 2019
Further development of the Indian steel industry is predicted with a growth rate of 7.2-7.4% per year...
Zimbabwe and Russia agree to launch a platinum deposit
Zimbabwe and Russia have agreed to launch platinum group metals mining at a new deposit. The signing of the relevant agreement took place the day...
Valcambi Loses Newmont Gold Refining Contract
Swiss refiner Valcambi has lost a contract to process around 4 million ounces of gold per year from Newmont Mining Corp, one of the world's...
Sandvik localizes underground loader bucket production
Sandvik Mining and Rock Technology has localized bucket production for its underground loaders. The quality of the products meets the highest...
Metals prices will rise amid falling dollar
Zinc raw material prices are falling due to growing supply problems; copper prices are rising amid falling dollar....
