China raises duties on American goods by $ 60 billion

China raises duties on American goods by $ 60 billion

In response to Washington's increased tariffs on Chinese goods, Beijing has taken similar action and increased tariffs on US products totaling...

India faces risk of steel overproduction

India faces risk of steel overproduction

At the end of the 2018-19 financial year, the excess of steel production over its consumption in India reached 35 million tons....

NLMK takes a wait-and-see position in the US market

NLMK takes a wait-and-see position in the US market

A wait-and-see attitude is now the most correct, especially given the strong market volatility due to the trade war between the United States and...

The sports team of BZF entered the five best teams of the city

The sports team of BZF entered the five best teams of the city

The team of the Bratsk Ferroalloy Plant (part of the Mechel Group) took the 5th place in the overall team competition of the Spartakiad of labor...

Panic is brewing in the United States over possible restrictions on Chinese imports of rare earth metals

Panic is brewing in the United States over possible restrictions on Chinese imports of rare earth metals

17 rare earth metals are critical to the production of all high-tech equipment, from aircraft to satellites. And the United States is 80 percent...

Australian Companies Benefit from Rising China-US Tensions

Australian Companies Benefit from Rising China-US Tensions

New rare earth mining projects could benefit from tensions in Sino-US relations....

Metalloinvest is building a crushing and conveyor complex at Mikhailovsky GOK

Metalloinvest is building a crushing and conveyor complex at Mikhailovsky GOK

Metalloinvest is building a crushing and conveyor complex at Mikhailovsky GOK...

NLMK Group launches new production using secondary resources

NLMK Group launches new production using secondary resources

NLMK Group has begun hot tests at a factory for the production of metallurgical briquettes for blast furnaces. The project will make it possible to...

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On May 30, 2019 PJSC NLMK published a notice of a material fact....

Airbus: 50 years of aviation history

Airbus: 50 years of aviation history

At first, Airbus was laughed at, and no one believed in the success of the European project. However, in 50 years Airbus planes have literally...

The economic impact of the global steel industry

The economic impact of the global steel industry

Steel plays a vital role in today's world. In addition to being one of the most important materials for construction and infrastructure, steel...

Namibia agrees to sell uranium stake in Rio to China

Namibia agrees to sell uranium stake in Rio to China

Namibia has no objection to Rio Tinto selling its stake in the uranium mine to China, subject to the country's laws....

Indian steel mills are concerned about increased steel imports from South Korea and Japan

Indian steel mills are concerned about increased steel imports from South Korea and Japan

The Indian Steel Association, representing the six largest integrated steel companies, has called on the government to impose a protective duty of...

MMK and AVTOVAZ held a coordination council

MMK and AVTOVAZ held a coordination council

A meeting of the Coordination Council of PJSC Magnitogorsk Iron and Steel Works and PJSC AVTOVAZ took place in Magnitogorsk. The parties summed up...

Chelyabinsk Metallurgical Plant and ecologists restore forests around Chelyabinsk

Chelyabinsk Metallurgical Plant and ecologists restore forests around Chelyabinsk

The final planting of trees within the framework of the AERObika reforestation project took place in Balandinsky Bor today. The project is being...

Explosion at China's Fangda steel plant killed one person

Explosion at China's Fangda steel plant killed one person

Nine more metallurgists received injuries of varying severity....

Chinese Steel Sector Profits Soar In April To New Record

Chinese Steel Sector Profits Soar In April To New Record

Chinese steel profits skyrocketed for the second straight month in April amid increased demand from the construction sector....

ArcelorMittal prepares to further cut steel production in Europe

ArcelorMittal prepares to further cut steel production in Europe

The largest steel company in the world notes the weakness of the European steel market and the worsening economic situation in the EU heavy...

China's steel production growth surprised analysts

China's steel production growth surprised analysts

China's growing steel production is of deep concern to the global steel industry, which rightly believes that a new round of steel...

Beloretsk Metallurgical Plant introduced 14 new products to the market

Beloretsk Metallurgical Plant introduced 14 new products to the market

Beloretsk Metallurgical Plant (BMK JSC, part of the Mechel Group) has mastered 14 new steel products since the beginning of 2019: wires, strips,...

Rio Tinto Capitalization Reaches Record Level Amid Rising Ore Prices

Rio Tinto Capitalization Reaches Record Level Amid Rising Ore Prices

Iron ore prices have strengthened steadily in 2019 as concerns over the supply of raw steel proved to be stronger than the persistent trade tensions...

Hyundai to sell EV SUV in China with Chinese battery

Hyundai to sell EV SUV in China with Chinese battery

South Korean Hyundai Motor received approval to sell a version of its Kona (EV) electric vehicle in China later this year, on condition that it is...

Chinese flat products manufacturers face oversupply

Chinese flat products manufacturers face oversupply

Hot rolled coil prices are falling at the fastest pace, accounting for 20 percent of China's total steel exports....

Steel production in CIS countries in April 2019 decreased by 3.7 percent

Steel production in CIS countries in April 2019 decreased by 3.7 percent

According to the World Steel Association Worldsteel, steel smelting in the CIS in April 2019. amounted to 8.203 million tons....

Severstal believes that VTB Capital's forecast for the Russian market has become twice as high

Severstal believes that VTB Capital's forecast for the Russian market has become twice as high

Alexander Shevelev, General Director of the Russian metallurgical company PJSC Severstal, said that VTB Capital's forecast for metal...

Vedanta CEO is open to dialogue with Zambia

Vedanta CEO is open to dialogue with Zambia

The statement says Zambia is abusing corporate law by calling for the liquidation of the KSM on the basis of some equity rather than insolvency....

UMMC - five-time champion of Russia

UMMC - five-time champion of Russia

UMMC tennis players Andrei Gachina, Alexander Shibaev and Jonathan Groth were stronger than Orenburg's Fakel-Gazprom after two matches....

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