Due to military operations in Israel, the Tamar field, from which gas flowed to Egypt and had to be used, was closed for further LNG production and...
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Thyssenkrupp Aerospace and Boeing have extended their long-term partnership
Thyssenkrupp Aerospace and The Boeing Company have signed a new contract, continuing a partnership that has existed since 1998. Under the agreement,...
EU approves Liberty Steel's purchase of Hungarian Dunaferr plant
In June, Liberty won the auction to acquire insolvent Hungarian steelmaker Dunaferr...
Posco invests in magnet production plant
Production is aimed at meeting the needs of Hyundai Motor Group in the USA, General Motors, Ford and Stellantis....
The Russian automobile market grew by 120% in September
Chinese manufacturers are filling the gap in the Russian market left by the departure of Western brands...
Nippon Steel closes Kure plant
Nippon Steel said it was forced to cut production capacity as its customers, including automakers, moved production overseas....
The Belarusian Steel Plant plans to significantly increase steel production
BMZ expects to increase steel production in 2023 by 15% to 2.3 million tons....
For the first time in history, workers from three automobile corporations went on strike in the United States.
Ford, GM and Stellantis are facing unprecedented union attacks. Steelmakers are being forced to cut production, and US Steel has had to shut down the...
New EU sanctions against Russia affect British manufacturers
EU sanctions against Russia could have a significant impact to British processing plants...
US Steel is attracting interest from a Canadian rival it once owned.
Stelco, once called the Steel Company of Canada, has a history of more than 110 years....
By 2025, the use of chips in smart electric vehicles will grow by more than 26%
Automotive will remain a powerful driver of growth in the semiconductor industry...
Oil hits $95 a barrel amid supply concerns
Oil rises on concerns about supply shortages following recent production cuts by Saudi Arabia and Russia...
Turkish buyers are postponing orders for Russian products and assessing sanctions
The sharp increase in domestic prices for reinforcement in Russia and the strengthening of the ruble have become supporting factors for Russian...
ResponsibleSteel certifies ArcelorMittal plant in Spain
The certification process included an independent audit by the Norwegian company Det Norske Veritas...
China Adopts Plan to Support Stable Growth in Mechanical Engineering at More Than 3%
The plan is mainly focused on 11 sectors of the Chinese industrial sector, including machine tools, agricultural machinery and construction machinery....
Metinvest continues to fulfill its financial obligations despite the war in Ukraine
Mining and metallurgical holding of Ukrainian businessman Rinat Akhmetov adheres to all obligations to creditors despite the hostilities in the...
Guinea bans mining companies from exporting more than half of foreign exchange earnings
Under the new rules, starting this Friday, Guinean mining firms are required to remit at least half of their export earnings into the country. This...
Europe's largest copper producer robbed - losses could amount to hundreds of millions of euros
Aurubis AG has found discrepancies in stock and delivery figures for the German copper processing division. The case is handled by the German...
European stainless steel makers move to US amid falling EU profits
As a result of recent events in the markets of Europe and the US, the difference in prices for stainless steel exceeded $1,350 per ton in favor of...
Ukrzaliznytsia will receive a loan of 100 million euros for the modernization of infrastructure
The railway company will be able to use the balance of 100 million euros from the European Investment Bank loan approved in 2016 for current needs....
Blastr explores a site for the construction of a pellet plant in Norway
Blastr chose the Lutelandet industrial area on the west coast of Norway as a potential site for the construction of the plant...
Construction steel demand in China will be low until the end of 2023
China's infrastructure investment slows down...
Centravis supplied stainless steel pipes to the Italian company Chesini Meccanica
In the segment of pipes for automotive fuel systems, the largest Ukrainian manufacturer of stainless pipes ranks second in the world after the...
Coal production in China showed steady growth in January-July 2023
From January to July, China produced 2.67 billion tons of raw coal....
EU investigates stainless steel exports from Indonesia
The European Commission has launched an anti-circumvention investigation into imports of cold rolled stainless steel flat products of Indonesian...
Rheinmetall starts servicing tanks in Ukraine
In the coming days, Rheinmetall will start servicing tanks in Ukraine, said Armin Papperger, CEO of the concern....
Lakshmi Mittal plans to acquire one of the largest steel producers in the US
Management of the world's second largest steelmaker, ArcelorMittal, is discussing a potential offer with investment bankers, Reuters sources said....
China overtakes Japan in car exports
The People's Republic of China in the first half of this year became the world's largest supplier of new cars to the world market....
