Steel exporters from developing countries face EU Carbon Border Mechanism (CBAM) tariffs that would have “serious consequences.”...
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ArcelorMittal Krivoy Rog plans to refuse financial support from the parent company
The largest enterprise in the mining and metallurgical complex of Ukraine plans to complete 2024 with a profit, without resorting to financial...
Dneprovagonmash of Sergei Tigipko recorded record profits
One of Ukraine’s leading enterprises in the design and manufacture of freight cars increased its net profit in January–September 2023 by 8.3 times...
The Belarusian Metallurgical Plant expects hardware production to grow by one and a half times compared to last year
In January - September of this year, BMZ operated successfully and with a net profit. During this period, steel production and production increased,...
Polish activists “stabbed in the back” Ukrainian pipe makers - Ukrtruboprom
Transportation of Ukrainian pipes to Europe is blocked at the Ukrainian-Polish border by activists demanding the return of international road...
China rejects EU accusations of exporting excess electric vehicle capacity
Following accusations of overcapacity in the steel market, China is facing accusations of overproduction of electric vehicles, which could lead to...
Liberty Steel blast furnaces in Europe continue to remain idle
Sanjeev Gupta's metallurgical company has stopped its smelting units in Romania and the Czech Republic and does not yet see the possibility of...
China's scrap steel supply will rise in the fourth quarter as consumption rises
Based on an expected scrap steel utilization rate of 30% in China's steel sector by 2025, the Metallurgical Mining Association of China (MMAC)...
Turkish steel distributor Ozkanlar enters electric vehicle sector
Sales of electric vehicles in Turkey have increased significantly recently, increasing by 890% compared to the same period last year...
Thyssenkrupp announced a $2.3 billion impairment of its steel division
Shares of the industrial conglomerate still rose 5% and reached the top of the Frankfurt mid-cap index...
China will become the world's largest car exporter in 2023
If in 2001 the volume of automobile exports from China in value terms was only 1.56 billion US dollars, then in the first eight months of this year...
Today Elon Musk will again try to launch the SpaceX Starship into Earth orbit
SpaceX Starship is preparing for a second test flight, seven months after it exploded during the last test launch of an interplanetary spacecraft....
Russia may extend restrictions on the export of ferrous metal scrap
According to the bill, exports within the allocated quotas for destinations outside the Eurasian Economic Union (EAEU) are subject to an export duty...
Iron ore in Asia is becoming more expensive and will continue to rise in price - S&P
Iron ore prices in Asia hit an 8-month high on the back of solid performance and strong buying, as well as the investment policy of the Chinese...
US and Indonesia announce comprehensive partnership
US President Joe Biden and his Indonesian counterpart Joko Widodo will cooperate in areas such as green energy, critical minerals and semiconductors...
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...
