China's iron ore stocks remain at their lowest level since October...
News
Sort by:
Japanese companies are accelerating the replacement of Russian coal with Australian supplies
Australian coal prices remain strong as demand for coal from Europe and Japan to replace Russian coal continues to change trade flows. Market...
POSCO starts supplying steel for hyperloop pipes in the Netherlands
POSCO will smelt 63 tons of the original 275 tons to produce 64m 2.5m diameter pipes and then supply the pipes to the Netherlands. The South Korean...
Uralvagonzavod is interested in the metal products of the Alchevsk metkobinat
The Mayor of Nizhny Tagil, who is visiting Lugansk these days, did not rule out that LPR enterprises would also be able to interact with the Ural...
US imposes preliminary anti-dumping duties on Russian oil and gas pipes
Earlier, the US Department of Commerce announced the introduction of preliminary countervailing duties on Russian oil and gas pipes....
LADA became the official car of the Silk Way Rally
In 2022, the route will be 4,380 kilometers long, of which 2,800 kilometers will be special stages....
ArcelorMittal refused large-scale investments in Ukraine
The mining and metallurgical holding of the British billionaire of Indian origin Lakshmi N.Mittal revised its investment program for the plant in...
Germany seeks energy independence from Russia
Due to rising prices for energy carriers and automobile fuel, inflation in Germany in April rose to 7.4% - a maximum over the past 40 years....
ThyssenKrupp enters Australia's green hydrogen market
According to research conducted by German analysts, less than 5% of Australia's renewable energy potential converted to hydrogen would be sufficient...
Canada canceled the duty imposed 20 years ago on Ukrainian steel
During the next revision of duties introduced in 2001 on hot-rolled carbon and alloy steel sheet and strip from Brazil, China, India and Ukraine,...
Metallurgical plant "Zaporizhstal" has mastered the production of a new type of cold-rolled steel
Zaporozhye metallurgists have begun production of cold-rolled coil with dimensions of 1.5-2.0x1370-1500 mm with a double weight and without a welded...
China has sharply increased the export of excavators by reducing supplies to the domestic market
Chinese excavator exports in the first four months of 2022 grew by almost 80%, while domestic sales of this equipment fell by 56.1% compared to a...
Siemens' withdrawal from Russia will not stop the production of locomotives - Institute for Natural Monopoly Problems
Earlier Thursday, Siemens announced that it would cease business in Russia. The company has begun the procedure for terminating its production and...
Germany to build a “reference rolling mill” using Danieli technologies
The new rolling mill in Riesa will use only induction heating for zero direct CO2 emissions, and a new generation of built-in welding machine will...
OPEC cuts global oil demand forecast again
If OPEC's forecast of an increase in world oil consumption to 100.29 million barrels per day is confirmed, this will mean a return of average daily...
Siemens terminated all service contracts with Russian Railways, including maintenance of Sapsan
Russian Railways announced the continuation of maintenance of German trains on their own. Earlier Thursday, Siemens announced it was ending business...
Metinvest to carry out planned repairs at Italian rolling mills two months earlier
Metinvest, an international vertically integrated group of mining and metals companies, has decided to postpone scheduled repairs at the Group's...
Chinese automaker Chery reports strong growth in NEV sales in first 4 months of 2022
The company also noted strong demand from countries such as Brazil, Saudi Arabia and Chile....
The price of iron ore is at the level of almost 4-month low
China's central bank said Monday it will step up support for a slowing economy...
Diamond prices are on the rise
There are fears that diamonds from Russia will be passed off as diamonds of other origin....
China's iron and steel producer price index up 5.6% in April
China's overall producer price index (PPI) rose 8.0% year-on-year in April, while it rose 0.6% month-on-month....
Russia doubled coal supplies to China
Chinese traders, having settled financing and lending issues in their banks, aggressively increased purchases of Russian coal against the background...
Production at Tesla's Shanghai plant ramps up
The Shanghai plant of the American automaker has already begun production of Tesla electric vehicles for export. Part of the manufactured cars has...
Europe intends to increase the production of hydrogen electrolyzers tenfold in three years
The European Commission and electrolyzer manufacturers have signed a joint declaration to increase their respective production capacities tenfold by...
US suspends 25% duty on steel imports from Ukraine for a year
The decision to suspend duties on the import of Ukrainian steel, introduced by Donald Trump in 2018, was taken by Washington to demonstrate support...
The United States banned the sale of knives and refrigerators to Russia
Washington has expanded the category of Russian Industry Sector sanctions, which now apply to the export to Russia of American equipment for oil and...
Desperate for Coal, Indian DRI Producers Hunt for Fuel Abroad
According to the chief executive of Jindal Steel & Power Ltd, the situation with the supply of coal to Indian steel mills is "very bad"...
Azovstal is not planned to be restored, and Mariupol will become a resort town - the head of the DPR
The DPR authorities are planning to turn Mariupol, which has come under the control of the republic, into a resort city....
The administration of the Chernobyl nuclear power plant denied reports of a leak of nuclear materials
The plant workers retained full control over nuclear and radioactive materials on the territory of the station, assured the Chernobyl nuclear power...
