Statistics from the U.S. Census Bureau highlight data center development as one of the few bright spots in the construction sector, weighed down by...
News
Tesla surprises with better than expected car sales
Wedbush Securities analyst Dan Ives believes the worst is behind Tesla, noting signs of improvement in China, where the government recently announced...
Chinese automaker will ask the European Commission to hold hearings on tariff measures against Chinese electric vehicles
The European Commission intruded on commercially sensitive information during its anti-subsidy investigations, including by requiring the company to...
Zaporizhstal increased production of finished rolled steel by one and a half times
From January to June 2024, 1,527.3 thousand tons of cast iron, 1,486.4 thousand tons of steel were produced, 1,233.5 thousand tons of rolled products...
Steel production in Ukraine has become unprofitable due to current electricity import regulations
Under the current standards for the import of electricity, the metallurgical industry of Ukraine is becoming unprofitable, Rinat Akhmetov said at...
Chinese Yahua Group received a new order from Tesla for the supply of lithium
Tesla and Chinese Yahua signed a three-year contract for the supply of lithium carbonate...
The Ukrainian rolled metal market decreased by another 3.6%
For five months of 2024, the capacity of the domestic market of Ukraine amounted to 1,360.9 thousand tons of rolled metal, of which 472.9 thousand...
Growth in European steel industry due to ECB rate cuts will take time - MEPS
MEPS analysts suggest the European Central Bank's first interest rate cut will do little to revive the region's ailing steel industry in...
Global steel exports up 6.4% in 2023
The most exported steel products in 2023 were hot-rolled sheets and coils, the largest exporting country in 2023 was China...
The price of steel sheets in Italy has reached the bottom
Prices for hot-rolled steel in Italy have reached the bottom of the current cycle as production costs continue to weigh on steel mill profits....
Zaporizhstal of Metinvest Group inflates blast furnace No. 2 after major repairs
The main goal of repairing blast furnace No. 2 is to increase the reliability of equipment and the consistency of the production process at the blast...
The US rebar market remains oversupplied
Producers of rebar in the United States reduced prices in May, despite the fact that imported material is practically absent from the market....
Elon Musk said he is against introducing import duties on Chinese electric cars
According to the American billionaire, neither he nor his company has ever approached the US authorities with a request to impose duties on the...
The evolution of Chinese steel mills: from robots to peacocks
Robots manage everything, there is no lighting in the production area, peacocks and sika deer walk around the plant... This is the picture that...
Steel at the center of political debate in US election year
Political campaign aimed at protecting US steel producers...
China Metallurgical Association criticizes US tariff hike
“The non-market behavior of the United States has distorted the global steel trade order...,” CISA said....
The European Commission allowed Nippon Steel to acquire US Steel for $14.9 billion
The Japanese company has its factories in the UK, Sweden and Finland, while the American company has a branch in Slovakia....
Thyssenkrupp sells 20% of steel business to Czech billionaire
The parties are discussing the possibility of Krzhetinsky's company buying out another 30% in Thyssenkrupp's steel business, the press...
Ukrainian energy holding DTEK plans to develop LNG trade in Europe
The expansion of the company's activities in Europe will help strengthen Ukraine's ties to the wider energy market...
EU confirms extension of tariffs on stainless steel from Taiwan, Turkey and Vietnam
The European Commission has confirmed the extension of the final countervailing duties on Indonesian cold-rolled stainless steel to materials...
Xi Jinping received a warm welcome in Serbia, where the Chinese leader spoke about the “inevitability of expanding investment”
The Chinese leader's comments come as tensions between Beijing and Brussels rise, with Western European leaders calling on Xi's government...
EU confirms extension of Indonesian tariffs on stainless steel
The European Commission has confirmed final countervailing duties on Indonesian cold-rolled stainless steel on materials imported from Taiwan, Turkey...
China will supply stainless steel cases for iPhone 16
The battery cases of all Apple iPhone 16 mobile phones will be replaced with stainless steel, which will be provided by Chinese suppliers....
World steel production and capacity overview - MEPS
Europe's updated anti-dumping measures against Chinese steel, the electrification of UK steel production and data on global stainless steel...
Stainless steel supply chain disruption intensifies in Europe
Stainless steel supply disruptions in Europe will continue until the end of the second quarter and then subside in the summer months...
The ban on Russian nickel became a “growth driver” for prices on the LME
The US and UK governments have introduced sanctions that will ban the import of nickel produced in Russia...
Severstal Steel Solutions announced record plans for the metal construction market
The updated strategy of Severstal Steel Solutions is aimed at ensuring the best reliability of supply in the market, optimizing the construction...
BMW will invest an additional $2.8 billion in production base in northeast China
In 2026, the first NEUE KLASSE models will roll off the assembly line in Shenyang - a completely new generation of BMW cars...
"Zaporizhstal" intends to improve the quality of metal products
Zaporozhye Metallurgical Plant "Zaporizhstal" intends to introduce a number of measures in the near future to improve the quality of rolled...
ArcelorMittal Krivoy Rog is gradually increasing production and launching two more coke oven batteries
From 04/21/2024 to 04/24/2024 inclusive, the metallurgical plant in Krivoy Rog plans the next important step - the launch of coke oven batteries No....
