Last year, the United States exported about 74 million tons of coal, with Baltimore being the second-largest terminal for the commodity....
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Ferrexpo has settled a financial dispute with one of its suppliers
According to the company's press release, the amount of debt declared by Oxygen LLC under the supply agreement is UAH 2.2 million (about $58...
The European Parliament approved a compromise on Euro 7 emissions limits
The new rules, which still require final official approval by EU countries, will apply to cars and vans from July 2030, and to buses and trucks 12...
Rheinmetall plans to open at least four weapons factories in Ukraine
The company said it plans to increase production of artillery shells as European allies try to increase production to provide Kyiv with more...
US flat products market outlook uncertain due to planned plant shutdowns
Upcoming planned maintenance shutdowns at various U.S. steel mills are expected to have little impact on prices amid the recent round of smelter-led...
Due to the Suez crisis, steel transportation costs are still 150% higher
All major container shipping companies continue to avoid the Suez route....
Thyssenkrupp creates low-emission tug fleet
Thyssenkrupp Veerhaven, the logistics subsidiary of Thyssenkrupp Steel Europe based in Rotterdam, commissioned the design of an environmentally...
ArcelorMittal agrees to buy 28% of Vallourec shares
ArcelorMittal has agreed to acquire 28.4% of French pipe maker Vallourec for approximately 955 million euros ($1.09 billion)...
The US introduces preliminary duties on aluminum profiles from China, Indonesia, Mexico, Turkey
Duties vary from 1.45% to 169.66% depending on the country....
EU imports record amounts of Chinese-made steel
Import of cast iron and steel reached in 2023 3.77 million tons, the highest tonnage since 2016...
The EU allocated 3 million euros for the laid-off German employees of Vallourec
The European Commission has offered to support workers laid off in the German steel industry...
Most of Metinvest's steel products are sold in the European Union
Metinvest sold more than half of its products in the EU in the first half of 2023....
Volkswagen increased revenue by 15.5% in 2023, expects growth of 5% this year
Vehicle deliveries last year increased by 11.8% and reached 9.24 million, including electric vehicles - by 35%, to 771 thousand. In Europe, total...
Production of lithium-ion batteries in China increased by a quarter
Last year, China's total lithium-ion battery production exceeded 940 gigawatt-hours (GWh), worth about US$200 billion....
Last year the Belarusian Iron and Steel Works mastered 128 types of new metal products
In 2023, BMZ mastered 128 types of new innovative products and shipped 190 types of such products...
Financial support for Poland from the EU could revive the Central European steel market
The Eastern European country's steel industry could benefit from increased production activity if the Polish government manages to secure nearly 60...
Chinese investment in electric vehicles sets a new record
China could produce 10 million more vehicles per year, equivalent to two-thirds of all North American production in 2022....
BHP extends March iron ore discounts
Australian iron ore miner BHP has increased discounts on its Jimblebar Fines (JMBF) and Mining Area C Fines (MACF) forward contracts, while narrowing...
Ukraine resumed electricity trade with Hungary for the first time in 2 years
This is the first export of Ukrainian electricity to EU countries since February 2024....
Ukrainian railways want to resume sales of scrap metal
Ukrzaliznytsia will continue to sell scrap metal after determining the procedure for approving the Cabinet of Ministers - the procedure for the sale...
Global steel production fell by almost 2% in January 2024
The drop was mainly due to a decrease in smelting in China and other Asian countries. The largest growth was demonstrated by the countries of the...
DTEK machine builders have released the second roadheader of a new line
Its weight is almost 55 tons - 20% more than previous models, and the electro-hydraulic part is made using components from leading European...
Ukraine reduced exports of uranium-containing ores by 2.4 times
According to statistics released by the State Customs Service (SCS) on Friday, in monetary terms, exports of titanium-containing ores and concentrate...
The rise in steel prices in Europe did not take place due to low demand
European buyers were not willing to significantly replenish stocks from local or foreign suppliers. The average distributor doesn't even buy at lower...
Thyssenkrupp will supply Siemens with low-CO2 electrical steel
Siemens Energy will produce 700 transformers from Thyssenkrupp steel at its plant in Weiz in Austria....
Thyssenkrupp announces tender for hydrogen supply for DRI plant
The first use of hydrogen in factories is planned for 2028....
Metinvest reduced steel production, but increased mining and processing of iron ore raw materials
Since August 2023, a sea corridor began to operate for merchant ships traveling along the Black Sea from or to Ukraine, which, in particular,...
Steel market fundamentals are changing in Europe - Argus
Changes to EU steel protections could further push up the premium for Italian HRC as the cheapest import options in recent months could end up...
Von der Leyen proposes exporting green steel from Mauritania to the EU
European business mission will visit Mauritania in March to explore investment opportunities...
