Voestalpine has set up its own natural gas storage facilities for three months of operation and has begun to fill them up. In addition, the group has...
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Recovery in China could be key to rising global steel prices - MEPS
In June, the trajectory of the decline in world steel prices continued, both for flat and long products. Most steel producers around the world will...
Ferroalloy enterprises of Ukraine in total reduced output by 24.9%
In January-May 2022, the production of silicomanganese in Ukraine decreased by 9.3% - to 235.13 thousand tons, ferromanganese - by 73.7% - to 17.02...
Toyota is recalling all electric vehicles released this year due to the fact that their wheels can fall off
Steel bolts on the wheels of the new Toyota bZ4X and Subaru electric vehicles "can loosen while driving to the point where the wheel can come...
Miners at the world's largest copper company go on indefinite strike
Employees of the Chilean Codelco, the largest copper mining company in the world, went on an indefinite strike. They are protesting against the...
Ukraine and Poland deepen strategic partnership in the field of geology and mineral resources
On June 23, 2022, a Memorandum of Cooperation between Ukraine and Poland was signed, which provides for work and research on the geological study of...
European and Turkish metallurgists curtail steel production amid weak demand
Steel and rolling mills in the region are cutting production, and traders who stocked their warehouses with metal this spring are struggling to sell...
Steel production in Russia will fall by at least 15% - the opinion of market participants
International sanctions applied against Russia in general and directly against some steel producers have greatly affected their positions in the...
Austrian voestalpine delivers first partially decarbonized steel to customers
About 70% of the electricity used in steel production in Linz is generated by the use of gases, which are a by-product of the production process. The...
In 2012-2021 average annual growth of industrial production in China amounted to 6.3%
The growth rate of the indicator was significantly higher than the global average, which amounted to approximately 2% over this period...
Ferrexpo limits iron ore production in Ukraine due to logistics problems
The company said it is adjusting its upstream capacity in line with sales to European and offshore markets that are viable under the circumstances....
An Australian company has signed a contract with the US Department of Defense for the production of rare earth elements
U.S. industry will provide access to domestically produced heavy rare earth elements...
AVTOVAZ resumed car production
The AVTOVAZ conveyor was stopped for several days due to lack of components....
Metinvest reduced the use of its capacities by more than 40% due to the war in Ukraine
The decrease in production volumes led to significant changes in the structure of the steel product portfolio and the direction of sales - they were...
Belgium 'totally ready' to phase out Russian gas, says Energy Minister Van der Straeten
The approach of the Belgian government, which depends on Russian gas for only 6%, is that "prevention is better than cure."...
South Korea declares scrap metal a strategically important raw material
The events in Ukraine and the restriction of scrap supplies from Russia caused a sharp increase in prices for raw materials in South Korea, which is...
ALROSA refuses dividends due to economic sanctions
Alrosa is the world's largest diamond mining company...
Bulgaria began unloading the first tanker with American liquefied gas
American tankers with LNG were supposed to arrive in Bulgaria on June 8 and 23, but the first tanker arrived earlier....
TMK will develop the production of special steels
TMK has one of the most modern production facilities in the world and a wide product portfolio, which creates the basis for a constructive dialogue...
The United States imposed sanctions against the chairman of Severstal Alexei Mordashov
Almost immediately after the announcement of the sanctions, Severstal was disconnected from American software, including the software necessary for...
Rusal filed a claim for a 20% refund in the Queensland Alumina alumina refinery of the Rio Tinto concern
Rusal's lawyers believe that the Australian mining concern violated its obligations, and the personal sanctions imposed against the founder of the...
Russian lead production plants are on the verge of closing due to a complete halt in exports
Europe turned out to be inaccessible due to sanctions, and it is impossible to establish sales in other directions, since the Ministry of Industry...
Salzgitter and LKAB have formed a partnership to decarbonize the steel industry
Within its SALCOS project, Salzgitter is working with partners from the steel industry and research institutes to achieve carbon-neutral steel...
20 advanced manufacturing industrial parks to open in Shenzhen
This move by the Chinese authorities is aimed at developing and supporting 20 strategically important emerging sectors, as well as eight industries...
Nigeria can turn Russian-Ukrainian conflict to its advantage - Lee Engineering Group
The hydrocarbon deficit in Europe gives Nigeria a very good opportunity to get huge investments in its gas distribution industry and build new plants...
Elon Musk wants to lay off 10,000 Tesla workers due to 'very bad feeling'
Musk's gloomy prediction of a looming US recession echoes recent comments from executives including JPMorgan Chase CEO Jamie Dimon and Goldman Sachs...
China will continue to build its industrial economy
The Ministry of Industry and Informatization of the PRC will increase its assistance to small and medium-sized enterprises and coordinate with other...
Ukraine plans to build 9 nuclear power units using American Westinghouse technology
Westinghouse and Energoatom intend to create a Westinghouse engineering and technical center in Ukraine, which will support the construction and...
