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About 100 Russian metal traders agreed to limit the markup on metal products to 12%

The Ministry of Industry and Trade of Russia has published a list of accredited distributors, trading houses and metal service companies that will...

Zaporizhstal resumed supplies of medical oxygen to hospitals

The Zaporizhstal plant of the Metinvest Group of Rinat Akhmetov and Vadim Novinsky resumed the production and shipment of medical oxygen to Ukrainian...

Russia continues to purchase over 40% of oil and gas equipment abroad

The system of financing the full cycle of development of oil and gas engineering products created in the Russian Federation allowed Russian companies...

Russia may be left without lithium raw materials - deliveries from Chile and Argentina have been stopped

Russia, which does not have industrial lithium production, may be left without raw materials for the production of batteries if the last source of...

The Ukrainian metallurgical lobby has suspended membership in the World Steel Association

The association of Ukrainian metallurgical and mining enterprises will not take part in any Worldsteel body while Russian associations and companies...

Nordgold fails to pay coupon on USD Eurobonds

The Company emphasizes that it has all the necessary financial resources to make payments on Eurobonds and will continue to interact with the trustee...

Ukraine plans to break the record of nuclear generation in the next heating season

In the last heating season 2021-2022, the maximum nuclear generation in Ukraine was more than 300 million kWh per day....

Japan's Honda to invest $40 billion in electric cars

Honda is the first Japanese automaker to pledge to phase out gasoline-powered vehicles and plans to launch 30 new electric vehicles by 2030....

Biden signs bill to suspend customary trading status with Russia

Along with the suspension of trade status, Biden also signed a separate law to ban energy imports from Russia....

The war in Ukraine is seriously changing the rules of the game in the global long products market: IREPAS

Regional markets for steel, and in particular for long products, are becoming increasingly closed, contributing to serious price imbalances in...

Moscow to produce 3D printers from Russian components

The Moscow company will launch its own production of 3D printers. They will consist of the maximum number of components produced in Russia. The...

The World Bank expects Ukraine's GDP to fall by 45.1% in 2022 and poverty to increase by 11 times

WB experts expect a current account deficit of the balance of payments of Ukraine in the amount of 6.8% of GDP this year and its expansion to 16.8%...

Quotes of scrap and rebar on the London Metal Exchange fell sharply

Scrap prices are falling amid a decrease in buyer activity in non-European markets....

Interpipe resumes steel production in Dnipro, Nikopol and Novomoskovsk

First of all, the facilities for finishing operations will be launched to finalize semi-finished pipes, railway wheels and wheel sets. The main part...

Metallurgical production in Pridnestrovie completely stopped

The Moldavian Metallurgical Plant, located in Rybnitsa, employs 2,400 people, and up to 100,000 more residents of Transnistria depend on the life of...

Nucor selects North Carolina for new rebar micro-factory

The rebar that Nucor will produce at the new plant is mainly used to reinforce concrete in the construction of roads, buildings, bridges and other...

World food prices soar to record high amid Russian-Ukrainian conflict

Global food prices rebounded significantly in March to their highest levels as the Russia-Ukraine conflict continues to push up energy prices and...

Since the beginning of April, the United States has completely stopped importing oil from Russia

In early March, the administration of US President Joe Biden announced a ban on oil imports from Russia....

Samsung Electronics' first-quarter earnings beat market expectations on strong chip demand

Stable demand for servers, an urgent order for memory chips increased the profits of the corporation. A failure at Kioxia's factory in early...

Zaporizhstal inflated the third and fourth blast furnace

Rinat Akhmetov's metallurgical plant has begun partial withdrawal of capacities from the hot conservation mode....

The largest metallurgical enterprise in Ukraine is preparing to resume work

ArcelorMittal Kryvyi Rih launches blast furnace No. 6, and then plans to resume the entire chain of rolled metal production....

Steel production in Ukraine in March fell by a third year-on-year

In March 2022, only one metallurgical plant was fully operational in Ukraine - KAMETSTAL in the city of Dneprodzerzhinsk....

Severstal has lost a third of its sales and is forced to look for new customers - WSJ

The EU's action against Severstal owner Alexei Mordashov has left its steel stuck in warehouses across Europe, with sales staff scrambling to...

Vedanta to expand steel production at ESL Steel Ltd to 3 million tonnes

The project also includes a new ductile iron pipe plant with a capacity of 180,000 tons....

Financial manager - a new demanded specialty

A well-designed course will make it easy to memorize, and most importantly, understand the material received....

Dnipro Metallurgical Plant stopped steel production

The metallurgical production of the DMZ is temporarily closed, most of the workers are on partially paid downtime....

Russian invasion of Ukraine could cut global economic growth by 1 percent

Import-dependent countries will suffer much more as a result of the global economic downturn....

War returns to Europe - how will this affect steel demand?

In the second part of this series, MEPS analysts analyzed the impact of the Russian-Ukrainian war on raw materials for steel production and the cost...

China to launch more freight trains to boost coal shipments

In addition, more heavy-haul trains will be put into operation to increase the country's ability to transport coal from north to south....

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