U.S. sanctions may also apply to financial institutions and other persons who make transactions with companies included in the sanctions list....
ArcelorMittal's Ukrainian division suffered 'significant' losses in 2022
In 2022, ArcelorMittal Kryvyi Rih, the largest metallurgical enterprise in Ukraine, received a significant net loss, while the parent company from...
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Tokyo Steel raises prices for long rolled steel
Japan's largest metallurgical company, whose prices are closely monitored by Chinese competitors, has again raised prices for construction metal...
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Brazil lifts duties on Chinese rolled steel
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China will accelerate the modernization of its state-owned enterprises
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In the EU, the demand for new cars continues to grow, especially for electric ones.
The share of electric vehicles in the European market for new passenger cars increased to 12.1% or 97,300 cars....
Ukraine implements projects worth 4.5 billion euros as part of integration into the European railway network
The inclusion of Ukrainian railways in the European TEN-T network allows access to EU assistance tools, within the framework of integration into...
Voestalpine invests 1.5 billion euros in low CO2 steel production
The Austrian steel company says it has received a pre-order for 100,000 tons of new steel and is ready to start a major upgrade at Linz and Donawitz....
Zaporizhstal puts into operation blast furnace No. 2
For the first time since Russia's full-scale invasion of Ukraine, Zaporizhstal, a joint venture of Metinvest Group, is taking blast furnace No....
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Tata Steel warns of blast furnace shutdown
Officers are in talks with Tata Steel and British Steel, the only companies operating blast furnaces in the UK, for £300 million each...
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