Indian crude steel production in 2018-1919 was 106.56 Mt, up 3.3 percent from 103.13 Mt in 2017-18...
News
Voestalpine AGM announces dividends of € 1.10
In addition, Wolfgang Eder handed over the chairmanship of the Voestalpine board to Herbert Eibensteiner....
POSCO and Hyundai Steel to lose up to 30 percent in profits due to higher ore prices
Rising iron ore prices amid declining supplies and market resistance to higher steel prices have a negative impact on the profitability of South...
US steel imports continue to decline
US steel import tariffs imposed by President Trump have reduced the share of imports in the United States steel market to 21 percent....
Glencore and Anglo American blamed for water pollution in South Africa
New research reveals "massive violations" by the South African Department of Water Supply and Sanitation and ineffective regulation of...
China removes barriers to foreign investment on a range of metallurgical products
China will lift restrictions on foreign investment on a range of products in the metals sector, including antimony, tungsten, molybdenum and tin....
Latin American steel production declines slowly
Brazil was the largest steel producer in the region during the first five months of 2019, with production of 14.0 million tonnes, representing 54...
India's annual steel consumption approaches 100 million tonnes
Government investments in infrastructure in India have significantly increased domestic steel consumption in the country. However, the cream of this...
The price bubble in the ore market will soon deflate quickly
The latest data on sea shipments of iron ore to China suggests that Brazilian iron ore exports have almost recovered to early-year levels when the...
How will steel markets develop in 2020?
Global events continued to influence the price dynamics of the steel industry in 2019. Turbulence and uncertainty reign here, so specialists are...
PMI of the steel sector in China fell to 48.2 points
Heavy rains in southern China, coupled with hot weather in the north, have reduced demand for steel, and environmental restrictions have affected...
EUROFER: problems threaten to erase the EU steel industry
The European steel industry faces growing imports and high environmental costs....
Beijing Retains Tax Credits for Green Vehicle Buyers
Contrary to pessimistic forecasts about the possible cancellation by Beijing of tax breaks on environmentally friendly cars, the Ministry of Finance...
Japan will tighten rules for the export of high-tech materials to South Korea
Japan plans to tighten restrictions on the export of high-tech materials used in smartphones and chips to South Korea from July 4 in connection with...
ArcelorMittal threatens to close Europe's largest steel mill
Lakshmi Mittala, which has received immunity from prosecution for environmental violations from Prime Minister Matteo Renzi, could be prosecuted if...
Increased demand for steel in India is possible subject to government incentives
Steel demand in India is projected to grow 6-7% year-on-year in fiscal 2019-20, which began on April 1, despite declining sales due to banks'...
Steel production at record levels. What's next?
Global steel production skyrocketed in May, when steel mills in China - the world's largest steel producer - increased production to an...
The main owner of NLMK Group sells 2.6% of its shares on the open market
FLETCHER GROUP HOLDINGS LTD, associated with Vladimir Lisin, Chairman of the Board of Directors of the NLMK Group, sold 158 million shares of the...
Congo Glencore mine disaster kills at least 39 people
At least 39 artisanal miners were killed Thursday in the collapse of part of a copper and cobalt mine in southeastern Congo, owned by Glencore, the...
Ford plans massive staff cuts in Europe
12,000 workers will remain unemployed in Europe as a result of optimization of the American automaker Ford. The company also plans to completely...
Vietnam and Indonesia increase steel production capacity
Indonesia and Vietnam are set to increase their steelmaking capacity by several million tonnes over the coming years to reduce the economy's...
Avalon and Cheetah to begin mining rare earth resources as part of the Nechalacho project
Canada's Advanced Materials has announced a definitive agreement with Australia's Cheetah Resources to collaborate in the development of...
Chinese company Kunming plans to build a steel plant in Myanmar
China Kunming Iron & Steel Group Co. Ltd. signed an initial agreement to build a 4 million tonnes per annum steel plant in Myanmar, Burma, which...
Tata Steel and JSW Steel Profits Threatened by Rising Imports from China
According to media reports, India's Steel Ministry is currently pushing for an increase in import duties on finished steel products to 15% from...
China's Tangshan imposes 50 percent restrictions on steel production
The authorities of the largest metallurgical center in the PRC decided to act more decisively to implement the state program for environmental...
Ukrainians have developed a technology that significantly reduces carbon dioxide emissions in metallurgy
The Ukrainian company Krasnaya Volna has developed an xBeam 3D unit for printing aircraft parts. The technology allows to reduce titanium costs up...
Chinese metallurgists have sharply increased the average daily steel production
The rise in steel production in China comes amid a seasonal decline in consumption, which is causing an increase in stocks in warehouses and anxiety...
KIA partners with Hyundai to create low-cost electric vehicle for India
South Korean carmaker Kia Motors is working with the Hyundai Motors group of firms to consider a low-cost electric vehicle (EV) project for India...
Chilean Codelco loses millions of dollars due to strike in Chuquicamata
Chile's Codelco, the world's largest copper producer, has already lost $ 17.5 million due to a second-week strike at its Chuquicamata...
France and Japan will launch unmanned cargo delivery service by road
Renault, Nissan and Waymo are on track to form a partnership to develop self-driving vehicles for the transport of people and goods in France and...
