A new generation of small nuclear power plants faces fuel shortages...
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Azerbaijan Metallurgical Company signed a number of memorandums with Polish colleagues
Baku Steel Company signed memorandums of cooperation with companies from Poland, represented by metallurgical companies and wholesalers of rolled...
Novokramatorsky Mashzavod supplied Metinvest with an overhead casting crane with a lifting capacity of 320 tons
Completion of installation and commissioning of the KMEL-320+100/20-21.5-26/29/30-A8-U2 crane with a rated lifting capacity of 320 tons, static and...
European metallurgists failed to raise prices by reducing steel production
In early September, European steelmakers were pushing for massive price increases to protect profits from a sharp rise in energy prices. These...
ArcelorMittal Kryvyi Rih resumes iron ore mining after successful sale in Poland
In September, the Kryvyi Rih enterprise managed to export an additional 50 thousand tons of iron ore concentrate to Poland, which allowed...
Metallurgical company Salzgitter and Sunfire complete green hydrogen project
To date, almost 100 tons of hydrogen gas have been used in annealing processes and galvanizing plants for steel finishing....
London is disappointed with the plans of metallurgists to leave the British business and asks for negotiations
High electricity prices make it pointless to produce steel in the UK, but the shutdown will cause mass layoffs in the depressed regions of the Foggy...
POSCO Holdings and LG Energy Solution to jointly produce secondary batteries
POSCO Holdings and LG Energy Solution have strengthened cooperation in the production of secondary batteries. Both companies promised to expand...
Ukraine reduced the procurement of scrap metal by 73%, and its export by 13 times
Export of scrap metal from Ukraine in January-September 2022 amounted to 35.2 thousand tons, which is 12.9 times less compared to nine months of last...
US and EU agree to speed up steel talks
Another meeting of the US-European Trade and Technology Council is scheduled to be held in the United States before the end of the year....
Tata Steel plans to leave Europe due to energy prices
Tata Steel owns the UK's largest steel mill at Port Talbot in South Wales and employs approximately 8,000 people across the country....
Ukraine almost completely stopped the export of coke
As a result of hostilities in eastern Ukraine, most of the mines and coking plants ended up in territories not controlled by Kyiv....
Iron ore prices fall to 11-month low
Iron ore reached its all-time high of 229.50 in May 2021. Today, its quotes on Chinese stock exchanges are at the level of 96 - 97 dollars per ton...
Income from Ukrainian steel exports decreased by 62% since the beginning of the year
In January-September of the current year, the metallurgical enterprises of Ukraine reduced the proceeds from the export of ferrous metals to $3.97...
The Federal Antimonopoly Service of the Russian Federation is preparing a draft law allowing to adjust the antimonopoly fines of metallurgists
In February, the Federal Antimonopoly Service found major Russian metallurgists guilty of violating antimonopoly law and ordered them to stop abusing...
The German Thyssenkrupp announced the “strong blow” of the energy crisis to the factories of the concern
Rise in energy prices has become a "strong blow" to the enterprises of the largest steel producer in Germany....
Belarusian Metallurgical Plant plans to increase supplies to Bashkortostan
BMZ plans to increase the supply of metal products to the Republic of Bashkortostan, which will be facilitated by the growth in demand from the oil...
Russian manufacturers accused of inflating prices for armored steel after the announcement of mobilization
Russian metallurgists reacted to the start of the "second stage of mobilization" as expected, raising prices for armored steel by 7-14...
Ferrous metallurgy enterprises stop in Ukraine due to problems with electricity
Electricity is the main component of the cost of ferroalloy enterprises, whose leaders announced the suspension of capacities for an indefinite...
The largest steel company in Ukraine stopped to save electricity
On Monday evening, the Ukrainian authorities called on businesses and citizens of the country to limit energy consumption in connection with a...
Demand for electric vehicles continues to grow in Ukraine
In just nine months since the beginning of the year, 8.9 thousand units have passed their first registration in Ukraine. vehicles on battery power...
Chinese aluminum producers will benefit from the stoppage of trading in Russian metals on the LME - Platts
Thanks to production cuts and the plans of the London Metal Exchange, aluminum prices in China have risen steadily, inventories are rapidly...
Ferrexpo has suspended mining and production of iron ore in Ukraine
Ferexpo PLC shares fell 7.64% after the company said it was temporarily suspending production, Market Watch reported....
Australia to build world's largest pumped storage power plant
The project is part of a wider A$62 billion energy plan designed to meet the state government's goals of achieving 70% renewable energy...
Four Ukrainian coal mines suspended work after missile attack
The missile strike cut off power to four mines, initially trapping the miners underground and knocking out equipment and ventilation. Soon after, all...
Glencore faces flood of UK litigation over bribery allegations
Glencore has previously pleaded guilty to a range of charges ranging from bribery and corruption in South America and Africa to price manipulation in...
Amazon.com invests over €1 billion in European fleet of electric vans and trucks
A number of startups are looking to bring electric vans or trucks to market and are facing increasing competition from traditional manufacturers such...
US imposes new restrictions on high-tech exports to China
The US authorities on Friday imposed new restrictions on the supply of advanced chips and semiconductor manufacturing equipment to China to prevent...
Gazprombank stops operations in Switzerland
The Board of Directors of Gazprombank (Switzerland), part of the Gazprombank (GPB) Group, has decided to cease operations in the Swiss financial...
Tesla CEO Elon Musk Says Taiwan Should Become China's Special Administrative Zone
China views self-ruled Taiwan as a breakaway province that will eventually fall under Beijing's control. In September, Tesla set a new record...
