The European Commission initiated the cancellation for a period of one year of any import duties on all products originating from Ukraine, which are...
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Austrian voestalpine explores hydrogen plasma for green steel production
Hydrogen plasma is used to simultaneously reduce iron ore and melt it into liquid steel in a special DC electric arc furnace....
Slowdown in global auto sector affects steel prices
The ongoing shortage of microchips and quarantine measures are slowing down the automotive sector, which is one of the key consumers of metal...
Ministry of Energy of Ukraine presented developments on the development of hydrogen energy to European partners
Currently, the working group of the Ministry of Energy under the leadership of Deputy Minister Yulia Podkomorna is completing the development of the...
Kazakhstan banned the export of scrap metal from the country after May 6, 2022
The restriction on the export of metallurgical raw materials was established by order of the Minister of Industry and Infrastructure Development of...
Denmark to replace gas heating in homes to reduce dependence on Russia
According to the government's plan, households that have individual gas heating will receive a letter before the end of this year outlining options...
Boeing launches first 767-300 BCF cargo aircraft production line in China
Chinese Boeing has already ordered more than 100 airlines around the world. Soon it is planned to launch a second line to increase production....
Motorcycles "Ural" will be made in Kazakhstan
Due to sanctions, an acute shortage of components began at Ural Motorcycles....
Russia and India are negotiating the resumption of supplies of coking coal
After Australia almost tripled the price of coking coal for Indian consumers, taking advantage of anti-Russian sanctions, Indian metallurgists...
Steel prices in Europe are declining
Steel prices in Europe fall on the back of declining iron ore prices in Asia and more affordable supply in the east of the EU....
China will continue to reduce metallurgical capacity while maintaining the growth of steel production
China's steel industry will reduce excess production while maintaining stable growth, senior officials in Beijing have promised....
TMK is preparing to expand the range of pipe products
The pipe metallurgical company intends to supply pipes for projects in the field of hydrogen energy and offer solutions for such fuels as...
Zaporizhstal today operates at 40-50% of its capacity - CEO
Recall that Zaporizhstal launched a sinter plant first, and then inflated two blast furnaces. After that, a full cycle was launched - the open-hearth...
Exchange prices for iron ore and steel fall sharply due to events in China
Prospects in the near future look unreliable with expectations of more disease detection and the impact on economic conditions may be longer lasting....
Coal production in China rose by 14.8% in March
In March, China imported 16.42 million tons of coal, which is 39.9% less than in the same period last year....
India is one of two countries where steel production increased in January-March - steel minister
India produced 31.9 million tons of steel in the first quarter of 2022 with a 5.9% increase in steel production....
Confrontation with Russia forced the UK to unfreeze the largest coal project
In the UK, they plan to open the first coal mine in 30 years against the backdrop of a reduction in energy supplies from Russia. A mine project in...
An explosion of unknown origin occurred at a metallurgical plant in the Orenburg region of the Russian Federation
In the city of Novotroitsk, the walls of a building covering an area of 700 square meters were damaged as a result of an explosion at the...
Zaporizhstal started steel smelting and is preparing to launch rolling mills
In the metallurgical shops of the plant, it is already hot in the summer due to intensive work on the launch of the processing unit and from the hot...
Three miners died under mysterious circumstances at the Gaisky GOK in the Orenburg region of the Russian Federation
По предварительным данным областной прокуратуры, при проведении производственных работ «произошла внештатная детонация вещества» на глубине 1,2...
Emirates Steel saves $60 million by streamlining and improving production
The digital transformation plans of the UAE's largest steel company are in line with the fourth industrial revolution, Emirates Steel is committed to...
Iran boosts steel exports by 25% despite US sanctions
In the first months of 2022, Iran ranked first among the world's leading steel producers in terms of production growth, followed by India, Germany,...
Mongolia introduced a limit on the export of precious metals and cash foreign currency
Since the conflict between Russia and Ukraine began on February 24, Mongolian commercial banks have begun imposing unexpected limits on daily US...
Kharkiv machine builders shipped a hydraulic turbine impeller to the customer
Impeller manufactured at Turboatom was shipped to Kanev HPP...
Severstal failed to pay interest on an $800 million loan
Enterprise is unable to pay interest on the Notes due to lack of regulatory approval, but intends to meet its loan obligations associated with the...
POSCO to build a new electrical steel plant
The South Korean steel giant's annual output of electrical steel will rise to 1.13 million tonnes once the new plant is completed in 2025....
Ferrexpo increased its net profit by 37.1% in 2021
Ferrexpo has prepared stress tests with major adverse changes such as 3, 6 and 18 month production stoppages. Under these stress testing scenarios,...
The largest private steel company in India decided to stop doing business with Russia
Tata Steel Group, which is the tenth largest in the world in terms of steel production, has ceased cooperation with Russia....
