This contradictory behavior of securities of Russian companies is to blame for new US sanctions against Russian metallurgists....
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Worldsteel forecasts broad-based steel demand growth of 3.5% per annum
The World Steel Association (worldsteel) is one of the largest and most dynamic industry associations in the world, with members from all major steel...
China condemns EU attempts to justify anti-dumping practices
On April 10, the European Commission published an updated report on significant government distortions in the economy of the People's Republic...
German industry may not recover from energy crisis
As a survey conducted by the German Chamber of Commerce and Industry last September showed, 43% of large industrial companies intend to move their...
ArcelorMittal Zenica will close its coke plant
However, the company will continue to produce steel using the blast furnace method, purchasing coke from external sources...
The global automotive market will grow by 12% in 2023
The largest number in this volume were passenger cars - 65.3 million units (+11.3%). Sales of commercial vehicles increased by 13.3%, to 27.4 million...
Xiaomi launched its first NEV car
Xiaomi Corporation introduced its first electric car and plans to become the world's leading automaker within 15-20 years, competing with Tesla...
Slovenské elektrárne closed its last coal-fired power plant in Slovakia
After almost 60 years of operation, TEC Vojany in eastern Slovakia, burning hard coal, is ending its operation today....
The EU market for new passenger cars increased by 10 percent
In just the first two months of 2024, more than 1.7 million new passenger cars were sold in the EU, which is 11.2% more than in the past....
OJSC MMK-METIZ, with the support of the Federal Investment Fund, opened a new production of fasteners and wire
The main strategic goal of OJSC MMK-METIZ is the creation of a high-tech complex for the production of modern types of metal products....
Belarusian steel plant plans to double steel supplies to Africa
Last year, Zhlobin metallurgists shipped about 140 thousand tons of metal products to the African continent, and by the end of 2024 they intend to...
Imports put strong pressure on rolled metal prices in Europe
Prices for flat-rolled steel in Europe fell this week due to increased import activity, forcing European producers to adjust their offerings to...
The closure of the Port of Baltimore after the collapse of the Francis Scott Key Bridge has not yet affected coal prices
The stoppage of about a third of all coal exports from the United States, as a result of the closure of the port of Baltimore, did not immediately...
Steel finds itself at the center of political debate in the United States during an election year
The outcome of the US presidential election and the prospect of lower interest rates later this year are likely to have a decisive impact on demand...
Baltimore bridge collapse will block coal exports
Last year, the United States exported about 74 million tons of coal, with Baltimore being the second-largest terminal for the commodity....
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...
