The American Iron and Steel Institute (AISI) reports that the United States imported 13 percent less steel in the first half of 2019 compared to the...
News
China's steel sector profits shrink inexorably
Weak demand for steel in the middle of summer is a common phenomenon in the Chinese economy, but today metallurgists are under pressure from...
Mining companies in Mexico to reforestation
Mexican mining companies will invest $ 177.2 million in environmental programs by the end of this year....
ArcelorMittal head leaves for Bosnia to post bail for arrested brother
British billionaire, the main owner of the world's largest steel company, Lakshmi Mittal, headed to Bosnia, where on Tuesday this week the...
Posco prepares for the green car era
The challenge for Posco engineers is to find a technological breakthrough in the development of lighter steel containers by using newly developed...
Indian EV makers approve GST tax cut
On Saturday, a senior GST Council approved a decision to cut the electric vehicle tax rate from 12 percent to 5 percent starting August 1....
China's industrial profits fell 3 percent in June
The largest steel producing and consuming country in the world is losing ground amid the trade war with the United States....
Maharashtra State Government Announces Construction of NLMK Plant in India
The Russian NLMK Group received a plot in Aurangabad (Delhi-Mumbai Industrial Corridor) in Shendra or Bidkin for the construction of a new...
Indian demand for iron ore is projected to grow at around 8 percent
Over the next five years, demand in the Indian iron ore market will increase by 7-8 percent per annum, in line with forecasts of growth in the...
Nord Stream 2 investors will sue the European Union
Nord Stream 2 AG has filed a lawsuit in a European Union court of general jurisdiction demanding to eliminate discrimination against investments in...
In Germany, outraged by the budget financing of the purchase of toxic gases
German energy company RWE has received EU funding to buy sulfur dioxide (SO2), the same toxic gas they emit when burning coal in their power plants....
ECB announced measures to revive the Eurozone economy
The base interest rate remains the same - 0.0 percent, the main European Central Bank decided. At the same time, the ECB is considering a number of...
Integrated border management strategy approved in Ukraine
The Cabinet of Ministers of Ukraine at a meeting on July 24 by its order approved the National Strategy for Integrated Border Management until 2025....
Aluminum dissonance: why prices have declined despite supply shortages?
The market is creating preconditions for a sharp rise in world prices for aluminum, which may begin as early as 2020....
A brief tour of the South African metallurgical industry
South Africa Basic Iron and Steel Manufacturing and Wholesale, 2019, with profiles on 49 industry players - ResearchAndMarkets.com...
Chinese officials blame small steel mills for poor ecology
According to the representatives of the China Iron and Steel Association, small iron and steel works, which are in private hands, spoil the air and...
Nissan to cut 12,500 jobs as earnings slump in first quarter
Nissan's April-June operating profit fell to 39.52 billion yen on average from 109.14 billion yen a year earlier, or more than doubled....
Tesla lost another 11 percent of its value after the publication of the report for the second quarter
The American electric vehicle maker sold a record number of cars in the second quarter, but has not been able to break even....
Russia could not do without Ukrainian wheels
The Board of the Eurasian Economic Commission has suspended the anti-dumping duty on Ukrainian solid-rolled steel wheels due to their shortage in...
Steel prices in India fell to 19-month low
Hot rolled and cold rolled coil prices in India have declined by about Rs 3,000 per tonne over the past 40 days, mainly due to the continuing...
Vietnam increases steel and pig iron exports to Asian countries in the first half of the year
Vietnam's overseas sales are up more than 20 percent in the six months since the beginning of the year....
Liberia launches first steel plant in the country
The opening of the steel mill demonstrates the government's willingness to work with the business community and investors to invest in the...
BHP Provides $ 400 Million to Reduce Pollution from Its Operations
CEO Andrew McKenzie has announced plans to more closely align company pay with environmental goals....
German auto concern Daimler recorded a net loss in the second quarter
Less than two weeks ago, Daimler warned investors of lower profits, downgrading its financial outlook for 2019 for the second time....
ArcelorMittal owner Lakshmi Mittal Pramod's younger brother arrested in Bosnia
Pramod Mittal was arrested on Wednesday in Bosnia on suspicion of fraud and abuse of power. A search of the premises of a by-product coke plant is...
Tangshan government crackdown crashes iron ore quotes
Tangshan City's determined fight against air pollution sources has led to a decline in iron ore exchange prices in China...
Russia is trying to monopolize the ferromanganese market
The Federal Antimonopoly Service of the Russian Federation will make a decision on the merger of the assets of the Satka Iron Smelting Plant and the...
EUROFER: EU Steel Market in 2019. Overview and perspectives
The EU steel market is facing serious challenges that are expected to have a negative impact on apparent steel consumption. After the decline in the...
India will continue to cut taxes on electric vehicles and clean energy
The Indian government plans to cut tax rates on electric vehicles from 12 percent to 5 percent....
