According to the forecasts of the chairman of the board of directors of the largest metallurgical company in the Russian Federation, Russian...
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Losses in the production program of NLMK since the beginning of the year exceeded 1 million tons of steel
Novokramatorsky Mashzavod announced the start of the procedure for the "compulsory alienation" of property
On July 19, 2022, the Verkhovna Rada of Ukraine adopted a resolution “on certain issues of expropriation of property under the legal regime of...
Taiwan is preparing to repel the invasion of Russian steel in Asia
China Steel Corp. stated that it is closely following the offers of hot-rolled products from Russia and is ready to take steps "against unfair...
Japan's Nippon Steel starts buying gas at record high prices
A Japanese steel company has purchased its most expensive natural gas shipment in history as the growing global energy crisis creates new risks of...
Steel prices in the EU continue to fall as the summer holidays begin
European steel prices continued to decline this month. However, the overall rate of decline has slowed, which may indicate that the bottom will soon...
Losses from steel production in China exceeded $100 per ton - S&P
According to S&P Global, the profit margin on sales of hot-rolled steel in the Chinese domestic market fell from minus $37 per ton to minus $102...
Electricity prices put Sweden before a choice between steel smelting and cryptocurrency mining
Sweden, which has the largest cryptocurrency mining sector in Europe, wants to make life difficult for virtual miners in favor of the real sector of...
China's shipbuilding industry continues to lead the global market
The Chinese shipbuilding industry accounted for 50.8% of all new orders globally in the first half of 2022....
China's industrial output up 3.4% in first half
The mining sector saw the fastest growth in output, up 9.5% year-on-year in the first half of the year....
Ukraine reduced the export of scrap metal by eight times
In January - June 2022, 28.74 thousand tons of scrap metal were exported from Ukraine....
The European Commission predicts historically high inflation in the euro area at 8.4%
Inflation is projected to peak at 8.4% yoy in the third quarter of 2022 in the euro area, before declining steadily to fall below 3% in the last...
Marcegaglia acquires Outokumpu Long Products
Marcegaglia will enter the steel industry after the deal with Outokumpu...
The launch of exchange trading in metals in the Russian Federation may take place before September 1
It is planned to start exchange trading at the St. Petersburg International Commodity and Raw Materials Exchange with building rolled metal: bars and...
Europe's largest pure hydrogen plant to be built in the Netherlands
Shell intends to decarbonize its oil production in the Netherlands by sending hydrogen to its plant in Rotterdam....
The US market may begin a collapse in prices for thick sheet
Too much price difference between hot rolled coil and steel plate cannot last for a long time. Analysts expect a sharp decline in steel sheet prices...
Steel production in China declines in July, but this does not affect the large supply surplus
As of July 10, stocks of finished steel at smelters controlled by the China Iron and Steel Association were up 28.4% year-on-year at 18.05 million...
UK Steel urges government to provide political conditions for decarbonization
EAF requires three times more electricity to produce the same volume of steel as a blast furnace...
According to the results of 2022, the Russian car market expects a decrease in sales at the level of 28%
But as early as next year, it may begin to recover, and by 2024, in physical terms, it will exceed the pre-crisis 2021 figures due to an increase in...
Japan's Daikin to build heat pump plant in Poland
In Europe, against the backdrop of skyrocketing gas prices, there is a growing demand for heat pumps that use electricity to generate heat....
June car sales in China up 24%
According to the China Association of Automobile Manufacturers (CAAM), a number of government measures and campaigns to increase car consumption have...
Serbian steel plant shuts down blast furnace due to high gas prices
Smelter HBIS Serbia will stop a blast furnace with a capacity of about one million tons per year at its plant in Smederevo due to weak demand for...
China and Australia agree to improve bilateral relations
The cost of coal on the world market may start to rise again if China lifts a politically motivated blockade on fuel supplies from Australia. This,...
New Study Reveals Serious Risk of Noise Pollution from Deep Sea Mining
The noise from a single operating mine will travel hundreds of miles, with devastating effects on deep sea life. For this reason, a growing number of...
Kharkiv Turboatom may stop due to blocking of accounts - Directorate of the plant
The strategically important machine-building enterprise of Ukraine kept money in the Kharkov bank "Megabank", which was declared insolvent...
Tesla's Shanghai gigafactory boosted EV shipments by 177% in June
In the first half of the year, the American automaker increased the production of electric cars in China to 300 thousand units, which is more than...
Liberty Steel invests record €350 million in Czech steel plant
The biggest investment since the commissioning of the Ostrava plant is to switch steel production to electricity, which will reduce CO2 emissions and...
Turkey imposes anti-dumping duties on steel from Europe and South Korea
The new fees follow an investigation into trade between October 2019 and September 2020, when imports of flat products totaled $2.05 billion....
Chinese astronomers find nine lithium-enriched dwarf stars
According to the results of the study, the content of lithium in these stars is four times greater than in the Sun....
Ferrexpo reduced production of iron ore pellets in Ukraine by 27% due to logistical constraints
Logistics in Ukraine remains the biggest constraint for Ferrexpo's business at present and the company is focusing its efforts on increasing seaborne...
The European Parliament declares natural gas and nuclear fuel sources of "green" energy
In Ukraine, they believe that this decision will become the basis for the construction of the Ukrainian hydrogen economy, and in Europe itself, they...
