The American electric vehicle maker sold a record number of cars in the second quarter, but has not been able to break even....
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Tesla lost another 11 percent of its value after the publication of the report for the second quarter
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....
Scrap of ferrous metals updated the maximum price in the Chinese market
China's ferrous metal prices surged to new highs this year as high EAF utilization rates and new import restrictions came into effect on July...
ArcelorMittal Kryvyi Rih denies SBU statements on exceeding the maximum radiation level
According to the press service of the Ukrainian division of the largest metallurgical company in the world, the search report indicates that 4.4 μSv...
China raises import duties on stainless steels
Beijing is planning to introduce anti-dumping duties on certain types of stainless steel from the EU, Japan, South Korea and Indonesia....
Tata Steel plans to increase steel production to 30 million tons by 2025
The largest private metallurgical company in India is striving for complete independence from the supply of iron ore and is actively modernizing its...
Director of a steel plant arrested in Tangshan for smelting pig iron
The director of the Tangyin Steel Works in Tangshan, Hebei Province, was arrested for failing to comply with the government's emission...
Coal deposits can be a source of rare earths
Traditional rare earth ore deposits are rapidly depleting and are projected to last only 15–20 years....
Volkswagen: plan to develop electric vehicles in India is tempting, but not yet viable
Currently in India, electric vehicles are provided with charging on average for 70-80 kilometers....
China's June Steel Prices Fall Despite Rising Demand
Steel prices in China continued to decline in June and new lows are expected, according to industry association data....
Brazil To Continue Investigation Of Vale Dam Disaster Until Early 2020
Brazilian Mines Minister Alexandre Vidigal de Oliveira said Friday that the sector regulator will continue to investigate the Vale dam failure,...
Tata Steel will attract $ 600 million loan
The largest private steel company in India, after the failure to merge European enterprises with Thyssenkrupp, directs almost all of its profits to...
Samsung SDI and Volvo to jointly develop batteries for electric vehicles
The partnership with Samsung SDI will accelerate the development of Volvo's electric truck, bus and boat range, Volvo said....
US Steel announces massive cuts in Slovakia
2,500 workers of the largest metallurgical plant in Slovakia, US Steel Kosice, which is the main supplier of rolled metal for Volkswagen, PSA...
Is the German auto industry preparing for a collapse?
The crisis in the global automotive industry begins to expand to Europe, the manufacturers of which will declare a deterioration in prospects and...
MMC Norilsk Nickel shares renewed their all-time high
Papers of the leading Russian mining company at the Moscow Exchange on Friday broke through the psychological level of 15,000 rubles per share,...
Falling Auto Demand in India Affects the Steel Industry
The Indian auto industry is increasingly plunging into a crisis, many manufacturers are suspending the production of new cars, and dealers are...
Indonesia Announces Start of Electric Vehicle Production in 2022
Indonesia plans to start producing electric vehicles (EVs) in 2022, according to a senior Industry Ministry official, after a number of companies...
Ferrochromium prices fall as global stainless steel production declines
Ferrochromium prices in all regions have fallen to their lowest in the past two years due to falling demand amid a decline in stainless steel...
Indian Buyers Against Additional Import Duties
India currently has an import duty of 10 percent on long products and 12 percent on flat products....
