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...
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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...
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,...
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....
Elon Musk's company needs more lithium for electric vehicles
Only a handful of countries can hold the key to transport electrification...
Redirection of Russian steel exports to Asia may not happen due to logistics
Russia will not be able to make up for losses in the steel sector in the foreseeable future by redirecting exports from Europe to Asia due to...
Severstal has taken the first step towards delisting on Western exchanges
Alexey Mordashov's Metallurgical Company requested data from the depository of the DR program on the necessary actions on its part for delisting....
Austria stops importing and refining Russian oil – OMV
In early March, OMV stopped investing in Russia, but until today it has not announced that it will stop purchasing raw materials from the country....
ArcelorMittal reported on the progress of negotiations with the protesting metallurgists in Kazakhstan
Employees of JSC ArcelorMittal Tubular Products Aktau, a loss-making pipe plant, demand a 100% increase in wages....
Russia will update the strategy of interaction with the WTO, taking into account the "illegal restrictions" for metallurgists
According to President Putin, Western countries have used illegal restrictions against Russian metallurgists: not only bans on the supply of finished...
China approves futures and derivatives law
A special law is needed to tighten control over the Chinese derivatives market, which is the largest in the world in terms of scale....
Tesla posts record first-quarter revenue
The American automaker's quarterly revenue rose 81% to a record $18.8 billion....
The rise in steel prices in the European market has stopped
Europe's rapid rise in steel prices at the beginning of the year stimulated panic buying. This madness subsided as soon as consumers satisfied...
World alumina production reaches a record 138 million tons
IndexBox has published a new report: "The World - Alumina - Market Analysis, Forecast, Size, Trends and Conclusions". Here is a summary of...
Up to 30% of infrastructure destroyed in Ukraine - minister
It will take at least two years and $100 billion to restore the entire destroyed infrastructure of Ukraine....
Russia has not yet found alternative buyers of coal - its exports fell by 9%
In early April, the EU imposed a ban on the import of coal from Russia as part of another package of sanctions. The Russian authorities talked about...
NLMK plans to continue trading depositary receipts on the London Stock Exchange
Federal Law No. 114-FZ, published on April 16, obliges Russian issuers whose shares are traded in the form of depositary receipts on foreign...
Westinghouse provided humanitarian aid to Ukrainian nuclear power plants
Energoatom indicated that this equipment will strengthen Energoatom's emergency preparedness and response systems, as well as the protection of...
Tesla resumes electric car production in Shanghai
The production of cars at Tesla's Shanghai plant was suspended on March 28 due to a new outbreak of COVID-19....
Only four Russian plants continue to produce cars
The timing of the normalization of the situation with the supply of components is unclear, the market is in the process of recovery....
Blast furnaces of Zaporizhstal produced the first batches of pig iron after reopening
In the entire history of the metallurgical plant in Zaporozhye, it was stopped and started up only once - after the Second World War. Typically,...
Stellantis suspends car production in Russia
Stellantis plant in Kaluga produces Peugeot 408 and Citroen C4 passenger cars, Peugeot, Opel and Citroen light commercial vehicles, as well as...
Quarterly gold production in Kazakhstan increased by 19%
In monetary terms, for the first quarter of 2022, Kazakh refineries produced precious and non-ferrous metals worth 1.512 billion tenge (about $3.3...
Demand for ferrous metals in Russia grew by almost 40% in the first quarter
Domestic demand for steel and metal products in the Russian market continued to grow in March, despite the imposition of Western sanctions....
