Metinvest's mining and processing plants in Krivoy Rog and the Kametstal plant in Kamenskoye partially suspend work from July 1 due to...
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Cyber attack forces Iranian steel company to shut down production
In recent years, cyberattacks in Iran have become more common. The country, long under Western sanctions, has slowly upgraded its networks to counter...
London will violate WTO rules in an attempt to prevent the flow of cheap steel imports
Boris Johnson risks breaking international law in an attempt to protect the UK steel industry by extending and expanding import duties on rolled...
Indonesia re-delays carbon tax due to global risks
The ministry said the postponement of the introduction of the carbon tax scheme would give the relevant departments more time to resolve any issues...
The activities of the machine-building holding KONE in Russia will be terminated
KONE Corporation, the world leader in the production of elevators and escalators, has decided to leave the Russian market....
Price volatility hits global steel market
A unique set of economic and political circumstances have contributed to extreme price volatility in recent years. It is generally accepted that a...
Zaporizhstal continues to operate at 50% of its capacity
Due to significant problems with logistics and overstocking of railway crossings, Zaporozhye metallurgical enterprises are forced to consider options...
Norway becomes the first Volvo Cars market to offer exclusively electric models
In 2021, 96% of new Volvo cars sold in Norway were Recharge models. Volvo Cars is exclusively selling electric cars in this country this year....
Belarusian Steel Works expands the range of steel products
Crystal cutting wire is a unique product from BMZ. It is not produced by other enterprises either in Belarus or in the post-Soviet space....
Alisher Usmanov's Metalloinvest postponed the expansion of rebar production in the UAE
According to a company representative, it was decided to postpone the expansion of the plant not because of Western sanctions, but because there was...
The leaders of the metallurgical industry of the world develop their own wind energy
As sustainable steel becomes more important to meeting global climate targets, manufacturers are turning to wind power to decarbonize steel...
The European Parliament tightened the requirements for the Frontier Carbon Adjustment Mechanism CBAM
MEPs call for wider coverage and faster implementation of the EU Frontier Carbon Adjustment Mechanism (CBAM) to boost global climate ambitions....
The German government may confiscate the German part of Nord Stream 2
Nord Stream 2 has a distribution network with compressors and lines capable of transporting gas directly to southern Germany....
The largest steel company in Austria announced its readiness to stop gas supplies from Russia
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...
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."...
