US President Joe Biden and his Indonesian counterpart Joko Widodo will cooperate in areas such as green energy, critical minerals and semiconductors...
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Stages of cold calling
This concept refers to actions related to identifying the client’s needs and pushing him to purchase....
ArcelorMittal announced its entry into the additive manufacturing market
ArcelorMittal is building an industrial-scale atomizer in Spain to produce high-quality steel powders for various additive manufacturing technologies....
Alstom to cut more than 1,300 jobs at UK plant
The union says there is a real risk that the UK will lose an investor like Alstom or the rail industry altogether as a result of mass layoffs at some...
117 fighters and reconnaissance aircraft are being scrapped in Kazakhstan
According to the terms of the tender, fighter jets must be disposed of by cutting on the territory of the Republic of Kazakhstan....
Taiwan steel mills set carbon surcharge from 2024
Taiwan is set to introduce a carbon tax on January 1, 2024, but the country's environment ministry has yet to announce the exact tariff....
Value added in China's non-ferrous metals industry grew by 6.2% in January-September
Chinese metallurgists increased production of non-ferrous metals to 55.02 million tons, up 6.8% year-on-year....
German industrial production fell much more than analysts had forecast in September
German industrial production fell more than expected in September, data showed on Tuesday, as a recent slump in incoming orders weighed on output....
British Steel will shut down its blast furnace, putting up to 2,000 jobs at risk
British Steel plans to close its Scunthorpe blast furnace, putting up to 2,000 jobs at risk....
Ferroalloy plants in Ukraine stop production during the heating season
Zaporozhye and Nikopol ferroalloy plants, following a number of other industrial assets controlled by the Privat group, stopped their production for...
Porsche will use low-CO2 steel from H2 Green Steel
Meanwhile, Porsche says it is increasingly relying on aluminum for lightweight construction, but steel remains a key element...
Iron ore prices hit new highs this year amid rising demand in China
In addition to growing demand from the largest consumer, iron ore prices are rising on fears of strikes in the Australian mining sector....
Spanish steelmaker Acerinox's net profit halved due to weak steel market
Weaker demand in Europe this year due to economic uncertainty and higher interest rates has weighed on steel company earnings, which hit record...
The Chinese steel lobby intends to seek the reversal of new EU environmental initiatives
China steel association CISA says the EU carbon tax is a new trade barrier and calls for further negotiations....
Russia sharply increased stainless steel production
According to the report of the Federal State Statistics Service of the Russian Federation “On the socio-economic situation of Russia”, in September...
Toyota hits record production level in September
Production since the beginning of the year increased by 8.2% to 8.51 million units....
Europe's steel sector faces recession in 2024
War, an unresolved energy crisis, high inflation and tightening economic conditions have created uncertain prospects for the European steel...
China's overcapacity problem returns
For most of 2023, Chinese steelmakers increased steel production...
Liberty Steel suspends iron production in Europe
Unions are concerned about the situation and are calling on the company and government officials to meet to clarify its financial position and plans...
In the first 6 months of 2023, global stainless steel production decreased by 1.7%
According to a preliminary estimate by the World Stainless Association, during the first half of 2023, metallurgical enterprises around the world...
US steel mills raised minimum prices for cold-rolled steel
Less than a month after the September price increase in the United States, the minimum prices for cold-rolled steel are again being revised - now at...
Ten Toyota Japan lines suspended due to explosion at Chuo Spring plant
The automaker cannot say when production will resume...
European steel producers are trying to make money from British Steel's problems
ArcelorMittal yesterday announced a price hike of £30 a tonne based on higher costs after British Steel told customers it was demanding £20 a tonne...
Mongolia plans to export 60 million tons of coal in 2024
Most of Mongolia's coal production comes from the Tavan Tolgoi coal deposit, which is one of the largest coal deposits in the world....
EU-US steel and aluminum talks: $10 billion deadlock
Failure of the parties to reach an agreement by October 31 will mean that $10 billion in export tariffs between the EU and the US will automatically...
Worldsteel appoints Nucor's Leon Topalian as Chairman of the Board
Crude steel production in the 63 countries tracked by worldsteel rose 0.2% year-on-year to 1.26 billion tonnes in January-August....
NLMK Belgium proposes to suspend sanctions against Russian slabs
NLMK Belgium Holdings asks the EC to extend for four year, exemption from EU sanctions on Russian slabs in exchange for “green” investments...
JSW Steel and ArcelorMittal target mines and steel business in eastern India
The price of a profitable business remains the subject of negotiations, but the negotiations themselves indicate the interest of major players in...
Dneprovagonmash shipped the first modular cars within the framework of the project with the Austrian TransANT
Ukraine is capable of producing railway cars with almost 100% localization. Ukrainian ore is used to smelt steel and rolled sheets, which are then...