Most of the respondents surveyed by Platts attributed the stability of U.S. steel prices to declining scrap prices, but Russia's incursion into...
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UK faces sharp rise in steel and timber prices in March
Prices for wood and metals have soared again after several months of gradual decline after the Russian invasion of Ukraine....
ArcelorMittal predicts fall in global steel demand due to war in Ukraine
A bleaker outlook for steel consumption came after the International Monetary Fund cut its global growth forecast last month....
Metinvest to mothball Europe's largest coking plant due to shelling
The Avdiivka Coke Plant has been shelled for several weeks in a row and will now be completely shut down. In Avdiivka itself, there has been no water...
Eurozone Industrial Producer Prices Up 5.3% In March
Among Member States for which data are available, the largest monthly increases in industrial producer prices were recorded in Ireland (+36.1%),...
BMZ supported the environmental project Zinkum of USM Holding
Project Zincum is an environmentally friendly dust recycling based on the zero-waste production principle....
Created a prototype car battery capable of charging 60% in 6 minutes
Organizing the structure of the battery cathode through a series of heating and cooling increases the efficiency of the positive battery electrode by...
EU intends to impose sanctions against Moscow Credit Bank and Rosselkhozbank
The European Commission proposes to exclude Moscow Credit Bank and Rosselkhozbank from the SWIFT international payment system...
Kharkiv thermal power plants began to stop due to high gas prices
Kharkiv CHPP-5 has suspended the production of electricity and heat due to the high price of gas....
The global high-strength steel market will grow steadily by 5% annually for the next 5 years
The main growth driver for the high-strength and wear-resistant steel market will be the global mining industry....
The assets of the largest metallurgical company in the Czech Republic are blocked under anti-Russian sanctions
Frozen assets in the Czech Republic may be confiscated in favor of the state if the connection of the owners of Vítkovice Steel with the Russian bank...
EU ministers urgently discussed the suspension of gas supplies from Russia
Any EU member state can become the next state after Bulgaria and Poland, where Russian gas supplies will be suspended if they refuse to pay for it in...
Procurement of scrap metal in Ukraine decreased by half
The supply of scrap metal to metallurgical enterprises of Ukraine in January-April 2022 decreased by 47.1% compared to January-April 2021, to 583.5...
YuGOK reduced the output of iron ore concentrate by 24%
According to the company's official information, YuGOK produced 316.9 thousand tons of iron ore concentrate in April, and 411 thousand tons in March....
Dollar climbs to 20-year high against euro
Investors expect the Fed to raise rates by 50 basis points at meetings on Tuesday and Wednesday...
Zaporizhstal reported on the first thousand tons of iron and steel smelted in April
The decline in production at Zaporizhstal ranged from 81 to 78% year-on-year....
US Steel plans to replace half of all supplies of metallurgical raw materials against the background of the war in Ukraine
A US steel company with assets in the European Union is stepping up work on the transition to its own pig iron and is looking for alternative sources...
A new mine in the UK will not be able to replace coal imports from Russia - expert's opinion
The UK has only two potential buyers of this coal: Tata Steel and British Steel. British Steel said it could not use coal from the mine due to its...
Indian Tata Steel has found an alternative to Russian coal
While demand for Russian coal is likely to increase, analysts say potential payment problems associated with international sanctions and the high...
WTO sides with Turkey in dispute with EU over steel supplies
A three-member WTO panel agreed with Turkey's view that the European Commission has failed to prove that steel imports have risen due to unforeseen...
Steel prices in the UK rose by 50% after the start of the Russian special operation in Ukraine
Dramatically rising energy prices, growing demand and the lack of alternative offers on the market after the departure of Russian companies led to a...
China steel inventories hit 13-month high amid COVID-19 outbreak
Finished steel inventories in steel mills and CISA-monitored spot markets rose 3% since April 10 and up 8.4% year-on-year to a 13-month high of 33.01...
Kharkiv Turboatom delivered $750,000 worth of spare parts to Kazakh power plants in April
Supplies of spare parts for turbogenerators from Kharkov were carried out to the Aksu thermal power plant and Ekibastuz GRES-1....
Metinvest does not abandon plans to produce "green" steel in Mariupol - CEO
Mariupol metallurgical plants can be restored and restarted by launching new technologies for smelting iron and steel, which were planned to be...
Elon Musk sells $8.5 billion worth of Tesla shares
Tesla shares plummeted earlier this week amid speculation that Musk would sell part of his stake in the automaker to fund a deal....
Nikopol Ferroalloy Plant increased output by 15.5%, Zaporozhye Plant - reduced by 13.2%
Ukrainian ferroalloy plants in Nikopol and Zaporozhye have changed their focus in production....
China to introduce temporary zero rate of import customs duties on coal
From May 1, 2022 to March 31, 2023, a temporary zero rate of import customs duties will be in effect for coking coal for the metallurgical industry....
Ukraine and the EU have stepped up preparations for the"industrial visa-free"
Kyiv and Brussels also agreed to make every effort to expedite further assessment missions using flexible online and offline approaches....
The production of passenger cars in Russia in March collapsed by 72%
After the start of the military operation on the territory of Ukraine, a number of automakers operating in the Russian Federation suspended...
World Bank: Commodity prices to remain at historic highs through 2024
A World Bank Group spokesman said the war in Ukraine has dealt a severe blow to commodity markets, changing global patterns of trade, production and...
