European Commission downgrades euro area economic growth forecast for 2020

European Commission downgrades euro area economic growth forecast for 2020

The European Commission has lowered its forecasts for economic growth for next year due to tensions in international trade and continuing mutual...

Apartment renovation for a decent amount

Apartment renovation for a decent amount

Almost everyone dreams of repairing their apartment. But many people put it off until later, since it takes a significant amount of time and effort...

Chelyabinsk Metallurgical Plant started overhaul of the blast furnace

Chelyabinsk Metallurgical Plant started overhaul of the blast furnace

The Chelyabinsk Metallurgical Plant (PJSC Chelyabinsk Metallurgical Plant, part of the Mechel Group) has shut down one of the three blast furnaces...

Global stainless steel production fell 2.5 percent in the first quarter

Global stainless steel production fell 2.5 percent in the first quarter

The USA showed the largest growth in stainless steel smelting, while in other regions of the planet there was a slight decline....

Indian KIOCL will sell iron ore pellets to Europe

Indian KIOCL will sell iron ore pellets to Europe

The state-controlled Indian iron ore mining company KIOCL has signed initial agreements with international trading companies Glencore and Steel Mont...

Russia files a complaint with the WTO against US duties on hot rolled sheet

Russia files a complaint with the WTO against US duties on hot rolled sheet

Russia will appeal to the WTO at once nine American trade restrictions. The measures under consideration, as the statement says, are inconsistent...

US imposed new duties on steel from Mexico and China

US imposed new duties on steel from Mexico and China

Officials from the US Department of Commerce claim that the governments of China, Canada and Mexico are subsidizing the export of certain types of...

China steelmakers set up task force to investigate commodity prices

China steelmakers set up task force to investigate commodity prices

Prices for iron ore in China are at their highest ever recorded. Some believe that this is a consequence of speculation on the stock exchange and...

South Korean President urges Japan to remove restrictions on metal exports

South Korean President urges Japan to remove restrictions on metal exports

South Korean President Moon Jae-in has called on Japan to lift export controls on high-tech materials bound for South Korea as a forced military...

China's Hebei province decides to expedite the elimination of steel facilities

China's Hebei province decides to expedite the elimination of steel facilities

Earlier in Hebei, it was planned to abandon the production of steel with a capacity of 14 million tons, coal with a capacity of 10 million tons,...

The United States took a step towards mass production of self-driving cars

The United States took a step towards mass production of self-driving cars

The US has allowed Japanese SoftBank to invest in an American self-driving car developer....

How Shot Blasting Equipment Works

How Shot Blasting Equipment Works

The capacity of the installation depends entirely on the capacity of the compressor, which creates the air flow....

British Steel buyer has not yet appeared

British Steel buyer has not yet appeared

Despite the fact that the deadline for filing applications for the acquisition of the bankrupt steel mill British Steel ended last Sunday, the...

Metalloinvest co-organized the World Steel Association industrial safety conference

Metalloinvest co-organized the World Steel Association industrial safety conference

Metalloinvest co-organized the World Steel Association industrial safety conference...

Modern glass shower enclosures

Modern glass shower enclosures

The special tempering of the glass and the high-quality, reliable fittings used for its installation exclude damage even with careless handling....

Brazil demands to ban the operation of tailings and to increase levies from mines

Brazil demands to ban the operation of tailings and to increase levies from mines

The Association of Brazilian Mining Companies disagrees with the proposals of the Senate Commission to investigate the disaster associated with the...

MMK completed the modernization of the 170 wire-section mill

MMK completed the modernization of the 170 wire-section mill

In the section shop of the Magnitogorsk Metallurgical Combine, the overhaul of the two-strand small-section wire mill 170 was completed....

The jubilee Vienna Music Film Festival has opened in Yekaterinburg

The jubilee Vienna Music Film Festival has opened in Yekaterinburg

Traditionally, a great musical event began with a live concert....

Severstal acquires a 26% stake in a joint venture with Linde

Severstal acquires a 26% stake in a joint venture with Linde

Severstal buys 26% stake in a joint venture with Lide...

Voestalpine AGM announces dividends of € 1.10

Voestalpine AGM announces dividends of € 1.10

In addition, Wolfgang Eder handed over the chairmanship of the Voestalpine board to Herbert Eibensteiner....

POSCO and Hyundai Steel to lose up to 30 percent in profits due to higher ore prices

POSCO and Hyundai Steel to lose up to 30 percent in profits due to higher ore prices

Rising iron ore prices amid declining supplies and market resistance to higher steel prices have a negative impact on the profitability of South...

US steel imports continue to decline

US steel imports continue to decline

US steel import tariffs imposed by President Trump have reduced the share of imports in the United States steel market to 21 percent....

Glencore and Anglo American blamed for water pollution in South Africa

Glencore and Anglo American blamed for water pollution in South Africa

New research reveals "massive violations" by the South African Department of Water Supply and Sanitation and ineffective regulation of...

Latin American steel production declines slowly

Latin American steel production declines slowly

Brazil was the largest steel producer in the region during the first five months of 2019, with production of 14.0 million tonnes, representing 54...

Elektrokabel plant will provide Kolchuga with strategic facilities

Elektrokabel plant will provide Kolchuga with strategic facilities

New products are able to maintain equipment operability in case of fire for 4 hours....

The price bubble in the ore market will soon deflate quickly

The price bubble in the ore market will soon deflate quickly

The latest data on sea shipments of iron ore to China suggests that Brazilian iron ore exports have almost recovered to early-year levels when the...

How will steel markets develop in 2020?

How will steel markets develop in 2020?

Global events continued to influence the price dynamics of the steel industry in 2019. Turbulence and uncertainty reign here, so specialists are...

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