Today, most goods from Ukraine are already imported into Canada duty-free under the Canada-Ukraine Free Trade Agreement (CUFTA), but duties still...
News
London imposed protective duties on Russian supplies of platinum group metals
The UK announced an additional £1.4 billion package of restrictions on Russian imports, raising tariffs by 35 percentage points on products such as...
Iran boosts direct reduced iron exports by 25% to 1 million tons
One of the most important reasons for the increase in the production of sponge iron in Iran is the creation of new factories. In recent years, thanks...
Indian auto industry set to post double-digit growth this year - Tata Motors
“Fleets will grow and people will continue to buy cars in even greater numbers. So this year will also be a good year, which was the last one...
Makeevka Coke Plant increases production volumes
The first and second coke batteries of the MKHZ are fully operational, the third and fourth are partially loaded, the volume of production of...
Metallurgical plant in Krivoy Rog continues to operate at 20% of installed capacity
ArcelorMittal Kryvyi Rih has only one blast furnace in operation, launched on April 11 to keep iron production low....
Taiwan has restricted the export of high-tech goods to Belarus
Exporters of high-tech goods are prohibited from sending them to Belarus and Russia without special permission from the Ministry of Economy or the...
Explosion at Tata Steel plant in India at coke battery
A fire broke out at the Tata Steel Factory coking plant in Jamshedpur due to a suspected battery explosion. Fire brigades are on site....
Pipe plant Centravis in Nikopol restarted production after solving logistical problems
The logistics team is constantly looking for the best and safest ways to deliver finished products to consumers....
Vale signs long-term nickel supply deal with Tesla
Vale said the agreement is in line with the Brazilian company's plans to boost nickel sales in the electric vehicle market....
The government of Saudi Arabia allocated $4 billion for the construction of a new steel plant
The Kingdom seeks to reduce its dependence on oil and invests money earned on "black gold" in the metallurgical and mining industries....
Anglo American Unveils Largest Hydrogen-Powered Mining Truck
nuGen TM Zero Emission Haulage Solution is a premium hydrogen powered mining truck. This is an ambitious project, in which for the first time a truck...
Former Deputy Director of the State Development Bank of China charged with bribery
He Xingxiang was accused of using his positions to promote benefits for enterprises and third parties, for which he received huge sums of money and...
Brazilian steel demand to grow by 2-4% in 2022 - Gerdau
Gerdau Chief Executive Officer Gustavo Werneck said the premium with which domestic materials are sold in the country compared to imports has become...
Exports of thermal coal from the United States reached an annual maximum in March
U.S. coal prices averaged $508.91/tonne in March, up 40% from the previous month and up 246.5% from last year....
Vitkovice Steel stops steel production due to anti-Russian sanctions
The Ostravka Metallurgical Plant was unable to receive Russian slabs shipped to it by sea on Russian ships that fell under European sanctions, and...
UK imposes sanctions against Russian steel producer Evraz
The metallurgical company of Roman Abramovich came under British sanctions due to being the main producer of rails and railway wheels in Russia....
EU steel consumption could fall by almost 2% in 2022 - Eurofer
Steel consumption in Europe rose sharply in 2021 by 15.2% after a deep 10.7% decline in 2020 caused by the pandemic....
Ukraine in March lost about 70% of foreign exchange earnings from the export of rolled metal
According to the customs service, exports of ferrous metals from Ukraine in March amounted to $1.16 billion, while imports - $92.7 million....
More than 70% of Shanghai's leading enterprises have resumed work and production
The reopening rate among the first batch of more than 660 leading industrial enterprises exceeded 90%....
BELAZ is testing the positioning system of a new electric dump truck under the contact network
Instead of an engine, the company plans to use storage devices based on batteries or capacitors in diesel trolley cars, which will allow creating a...
Elon Musk challenges billionaires
Companies funding groups of politicians attack his purchase on Twitter...
Dneprovsky metallurgical plant "Kametstal" works with 100% capacity utilization
The plant in Kamenskoye is fully provided with orders and operates with a full load of metallurgical capacities. However, in the coming days, he...
Hydrogen to be 'key element' of future EU economy - EU climate chief
The European Commission proposes a long-term partnership that will start with LNG supplies and end in a hydrogen economy....
Grain harvest in Ukraine in 2022 will be reduced by 34% - forecast from Alfa-Bank Ukraine
Estimation of the future harvest is based on calculations of the sown area in the zone of occupation or active hostilities, as well as the current...
Ukraine and Great Britain signed an agreement on the abolition of import duties and tariff quotas
The Ministry of Economy of Ukraine notes that this will not only contribute to the development of Ukrainian production, but also increase the inflow...
US steel market sentiment becomes more price neutral
Most of the respondents surveyed by Platts attributed the stability of U.S. steel prices to declining scrap prices, but Russia's incursion into...
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...