26/ 11/ 2023

Exchange prices for iron ore in China are rising despite regulatory intervention

China's government planner said it will closely monitor changes in the iron ore market and will further tighten oversight of spot and futures trading in its latest attempt to curb rising ...

25/ 11/ 2023

The Belarusian Metallurgical Plant expects hardware production to grow by one and a half times compared to last year

In January - September of this year, BMZ operated successfully and with a net profit. During this period, steel production and production increased, and exports increased by more than ...

25/ 11/ 2023

Liberty Steel blast furnaces in Europe continue to remain idle

Sanjeev Gupta's metallurgical company has stopped its smelting units in Romania and the Czech Republic and does not yet see the possibility of restarting ...

25/ 11/ 2023

China's scrap steel supply will rise in the fourth quarter as consumption rises

Based on an expected scrap steel utilization rate of 30% in China's steel sector by 2025, the Metallurgical Mining Association of China (MMAC) expects scrap steel utilization to reach 330 million tons by 2025, up from 200 million tons last year.

22/ 11/ 2023

Thyssenkrupp announced a $2.3 billion impairment of its steel division

Shares of the industrial conglomerate still rose 5% and reached the top of the Frankfurt mid-cap ...

22/ 11/ 2023

Turkish steel distributor Ozkanlar enters electric vehicle sector

Sales of electric vehicles in Turkey have increased significantly recently, increasing by 890% compared to the same period last ...

18/ 11/ 2023

Iron ore in Asia is becoming more expensive and will continue to rise in price - S&P

Iron ore prices in Asia hit an 8-month high on the back of solid performance and strong buying, as well as the investment policy of the Chinese central ...

15/ 11/ 2023

Taiwan steel mills set carbon surcharge from 2024

Taiwan is set to introduce a carbon tax on January 1, 2024, but the country's environment ministry has yet to announce the exact tariff.

07/ 11/ 2023

Value added in China's non-ferrous metals industry grew by 6.2% in January-September

Chinese metallurgists increased production of non-ferrous metals to 55.02 million tons, up 6.8% ...

06/ 11/ 2023

British Steel will shut down its blast furnace, putting up to 2,000 jobs at risk

British Steel plans to close its Scunthorpe blast furnace, putting up to 2,000 jobs at ...

06/ 11/ 2023

Porsche will use low-CO2 steel from H2 Green Steel

Meanwhile, Porsche says it is increasingly relying on aluminum for lightweight construction, but steel remains a key ...

04/ 11/ 2023

Spanish steelmaker Acerinox's net profit halved due to weak steel market

Weaker demand in Europe this year due to economic uncertainty and higher interest rates has weighed on steel company earnings, which hit record levels in 2021 and ...