The pipe metallurgical company intends to supply pipes for projects in the field of hydrogen energy and offer solutions for such fuels as...
News
Zaporizhstal today operates at 40-50% of its capacity - CEO
Recall that Zaporizhstal launched a sinter plant first, and then inflated two blast furnaces. After that, a full cycle was launched - the open-hearth...
Exchange prices for iron ore and steel fall sharply due to events in China
Prospects in the near future look unreliable with expectations of more disease detection and the impact on economic conditions may be longer lasting....
Coal production in China rose by 14.8% in March
In March, China imported 16.42 million tons of coal, which is 39.9% less than in the same period last year....
India is one of two countries where steel production increased in January-March - steel minister
India produced 31.9 million tons of steel in the first quarter of 2022 with a 5.9% increase in steel production....
Confrontation with Russia forced the UK to unfreeze the largest coal project
In the UK, they plan to open the first coal mine in 30 years against the backdrop of a reduction in energy supplies from Russia. A mine project in...
An explosion of unknown origin occurred at a metallurgical plant in the Orenburg region of the Russian Federation
In the city of Novotroitsk, the walls of a building covering an area of 700 square meters were damaged as a result of an explosion at the...
Zaporizhstal started steel smelting and is preparing to launch rolling mills
In the metallurgical shops of the plant, it is already hot in the summer due to intensive work on the launch of the processing unit and from the hot...
Three miners died under mysterious circumstances at the Gaisky GOK in the Orenburg region of the Russian Federation
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Emirates Steel saves $60 million by streamlining and improving production
The digital transformation plans of the UAE's largest steel company are in line with the fourth industrial revolution, Emirates Steel is...
Iran boosts steel exports by 25% despite US sanctions
In the first months of 2022, Iran ranked first among the world's leading steel producers in terms of production growth, followed by India,...
Mongolia introduced a limit on the export of precious metals and cash foreign currency
Since the conflict between Russia and Ukraine began on February 24, Mongolian commercial banks have begun imposing unexpected limits on daily US...
Kharkiv machine builders shipped a hydraulic turbine impeller to the customer
Impeller manufactured at Turboatom was shipped to Kanev HPP...
Severstal failed to pay interest on an $800 million loan
Enterprise is unable to pay interest on the Notes due to lack of regulatory approval, but intends to meet its loan obligations associated with the...
POSCO to build a new electrical steel plant
The South Korean steel giant's annual output of electrical steel will rise to 1.13 million tonnes once the new plant is completed in 2025....
Ferrexpo increased its net profit by 37.1% in 2021
Ferrexpo has prepared stress tests with major adverse changes such as 3, 6 and 18 month production stoppages. Under these stress testing scenarios,...
The largest private steel company in India decided to stop doing business with Russia
Tata Steel Group, which is the tenth largest in the world in terms of steel production, has ceased cooperation with Russia....
Elon Musk's company needs more lithium for electric vehicles
Only a handful of countries can hold the key to transport electrification...
Redirection of Russian steel exports to Asia may not happen due to logistics
Russia will not be able to make up for losses in the steel sector in the foreseeable future by redirecting exports from Europe to Asia due to...
Severstal has taken the first step towards delisting on Western exchanges
Alexey Mordashov's Metallurgical Company requested data from the depository of the DR program on the necessary actions on its part for delisting....
Austria stops importing and refining Russian oil – OMV
In early March, OMV stopped investing in Russia, but until today it has not announced that it will stop purchasing raw materials from the country....
ArcelorMittal reported on the progress of negotiations with the protesting metallurgists in Kazakhstan
Employees of JSC ArcelorMittal Tubular Products Aktau, a loss-making pipe plant, demand a 100% increase in wages....
Russia will update the strategy of interaction with the WTO, taking into account the "illegal restrictions" for metallurgists
According to President Putin, Western countries have used illegal restrictions against Russian metallurgists: not only bans on the supply of finished...
China approves futures and derivatives law
A special law is needed to tighten control over the Chinese derivatives market, which is the largest in the world in terms of scale....
Tesla posts record first-quarter revenue
The American automaker's quarterly revenue rose 81% to a record $18.8 billion....
The rise in steel prices in the European market has stopped
Europe's rapid rise in steel prices at the beginning of the year stimulated panic buying. This madness subsided as soon as consumers satisfied...
World alumina production reaches a record 138 million tons
IndexBox has published a new report: "The World - Alumina - Market Analysis, Forecast, Size, Trends and Conclusions". Here is a summary of...
Up to 30% of infrastructure destroyed in Ukraine - minister
It will take at least two years and $100 billion to restore the entire destroyed infrastructure of Ukraine....
Russia has not yet found alternative buyers of coal - its exports fell by 9%
In early April, the EU imposed a ban on the import of coal from Russia as part of another package of sanctions. The Russian authorities talked about...
NLMK plans to continue trading depositary receipts on the London Stock Exchange
Federal Law No. 114-FZ, published on April 16, obliges Russian issuers whose shares are traded in the form of depositary receipts on foreign...
