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Ukraine has lost 60% of export revenue from sales of metal products since the beginning of 2023

A sharp decline in Ukrainian exports of ferrous metallurgy products is observed across the entire range of metal products, with the exception of...

Ukraine intends to attract partners from Germany to expand the biomethane market

Biogas production can be a strategic step for Ukraine on the way to decarbonizing the economy and replacing natural gas....

Norway plans to extract millions of tons of metals from the bottom of the Greenland and Norwegian seas

Oslo wants to start underwater metal mining in an offshore area the size of Germany, where it is estimated that 38 million tons of copper may occur,...

ArcelorMittal Kryvyi Rih Suspends Rolled Steel Production Due to Water Shortage

A statement sent by the Ukrainian metallurgical giant to the country's Ministry of Energy states that only blast furnace and coke production, as well...

German concern thyssenkrupp will build military submarines in India

By signing a letter of intent, thyssenkrupp Marine Systems is laying the groundwork for a possible collaboration with Mazagon Dock Shipbuilders...

Rinat Akhmetov demands $3.5 billion compensation from the Russian Federation for property destroyed by the war

The damage caused by Russia's aggressive war against Ukraine is estimated by Metinvest in relation to its tangible and intangible assets at $3.542...

US extends suspension of Section 232 tariffs on steel from Ukraine

This decision will cause an increase in demand for Ukrainian steel in Europe...

Turkish exporters demand competitive exchange rate from new Erdogan government

Exchange rates should gradually reach their real value in order to maintain the competitiveness of Turkish steel exporters...

Stahl-Holding-Saar predicts 'toughest times' for its steel mills in Germany

Plans include the commissioning of a direct reduction iron plant, the closure of one blast furnace and two new electric arc furnaces by 2030...

Technological progress achieved in China's hydrogen energy industry - experts

Hydrogen energy is one of the best ways to achieve carbon peak and carbon neutrality, and the advent of the hydrogen internal combustion engine opens...

Indian steel demand to grow by 7.5% in fiscal year 2023-24: ISA

Steel demand will be boosted by investment in infrastructure, renewable energy, mining, and the steel sector through a manufacturing-related stimulus...

The steel corridor is expanding - Ukrainian metal exports to Turkey have risen sharply

Turkish metallurgical enterprises increased imports of cast iron from Ukraine by 66%...

2,600 Ukrainian-made railway wheels successfully reached Morocco

The African continent, according to the director of Interpipe's railway products division, is a promising market for developing the supply of railway...

Iron ore prices continue to fall

Analysts expect the decline in iron ore prices to reach $96.76 per ton by the end of the current quarter and accelerate to $89 per ton by the end of...

Metallurgical plant in Zaporozhye stopped the blast furnace

The Zaporizhstal plant of the Metinvest group, according to the investment program of the enterprise, stopped blast furnace No. 3 for a major...

Ukraine has reduced the export of steel semi-finished products by four times since the beginning of this year

In the four months since the beginning of 2023, Ukrainian ferrous metallurgy enterprises have exported about 300 thousand tons of semi-finished steel....

New generation high-strength pipes successfully tested in Russia

The new pipe is designed for difficult sections of the gas pipeline, including crossings under roads and underwater crossings. Previously, such...

Interpipe holds the economic front of Ukraine

The metallurgical company announced two successfully implemented projects for the supply of pipe metal products to European consumers....

Metinvest presented the project for the restoration of Ukraine "Steel Dream"

Metinvest-SMC, the sales company of Metinvest Group, presented the concept of the restoration of the country "Steel Dream" at the...

Tata Steel UK to boost steel imports from its Indian parent company

This is due to the large gap between import and domestic steel prices in the UK...

Elon Musk predicts a difficult year for the global economy

Musk stated that no business is immune and a cascade of corporate bankruptcies is expected. The techno-king made this prediction during Tesla's May...

Global stainless steel consumption to grow by 3.6% in 2024 - World Stainless Association

According to the May forecast of the World Stainless Steel Association, during 2023 the global consumption of stainless steel will remain at the...

Europe's automotive industry braces for tough second half - Argus

European car manufacturers are bracing for increased competition and lower demand in the second half of the year....

ArcelorMittal Temirtau increased the production of flat products

Over the past 10 years, the ArcelorMittal Temirtau metallurgical plant has for the first time reached the maximum output of the first grade: both in...

Ukrainian scrap metal workers have multiplied the export of strategic raw materials from the country

Steel industry lobbyists disagree with this state of affairs, declaring a threat to national security and calling for a complete ban on the export of...

Rinat Akhmetov is ready to join the EU Green Deal and is looking for opportunities to expand business in Europe

The metallurgical holding of the richest businessman in Ukraine is ready to join the "green" transition of Europe as part of the...

Metallurgical enterprises of Ukraine reduced the production of general steel by 56%

According to the OP "Ukrmetallurgprom", in January-April 2023 in Ukraine there is a gradual increase in the production of iron, steel and...

German Leopard tanks to be assembled in Ukraine – Handelsblatt

The German defense concern Rheinmetall creates a joint venture for the production and repair of tanks in Ukraine: all contracts have already been...

Ukrzaliznytsia denied reports about the suspension of iron ore transportation in the direction of the Czech Republic

The national railway operator of Ukraine was forced to come out with a refutation of reports about the alleged blocking of shipments of metallurgical...

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