12/ 08/ 2023

Ukraine reduced the export of steel semi-finished products by 76%

The main export of Ukrainian steel in January - July 2023 was carried out to Bulgaria (33.71% of supplies in monetary terms), Poland (31.62%) and Turkey ...

12/ 08/ 2023

China iron ore imports up 6.9% in first seven months of 2023

Since the beginning of the year, China has imported a total of 669 million tons of iron ore, up 6.9% ...

12/ 08/ 2023

European steel market to be opened for imports - Salzgitter

Last year, the European Commission extended protective measures in the steel market in the form of import quotas for one year from June 2023, but now it will not do this, German steelmaker Salzgitter believes.

12/ 08/ 2023

Low global aluminum stocks should help prices recover quickly

Global aluminum inventories in the warehouses of manufacturers are about 50 days against the background of the fact that Russian metal, which is unavailable to many of them due to sanctions, currently accounts for approximately 80% of the stocks of the London Metal ...

04/ 08/ 2023

China's steel sector invests US$100 billion in coal-fired power plants

Steel companies have received permits to build massive amounts of coal capacity despite government pledges to cut carbon ...

31/ 07/ 2023

Emirates Steel ends talks to buy stake in thyssenkrupp

ESA refused to acquire a stake in thyssenkrupp's metallurgical ...

26/ 07/ 2023

China restricts exports of metals for the production of microcircuits due to trade quarrel with the United States

Beijing's action follows Washington's talk of new control over ...

23/ 07/ 2023

The European Commission approved the financing of the ThyssenKrupp project "tkH2Steel" for 2 billion euros

This is an important step for industrial climate protection in Europe, with annual savings of up to 3.5 million tons of CO2 eventually. Commissioning is scheduled for the end of 2026. The plant will operate at full capacity in 2029, producing about 143,000 tons of hydrogen per ...

22/ 07/ 2023

The risk of loss-making assets is growing due to too slow decarbonization of steel production

The transition from coal-based steel production is too slow, according to the US-based NGO Global Energy Monitor ...

16/ 07/ 2023

JSW Steel is considering buying a stake in Teck's coal division

The Indian steelmaker is in talks with banks about possible funding for the acquisition, which could be in the region of $2 ...

16/ 07/ 2023

Tesla launches Cybertruck stainless steel pickup two years behind schedule

Nearly four years after Elon Musk first unveiled Tesla's debut pickup truck, the automaker built its first Cybertruck in a stainless steel body similar to that used in the prototype ...

15/ 07/ 2023

Canada reopens anti-dumping investigation into hot-rolled steel shipments from China

The 77% anti-dumping duty imposed by the Canadian government on Chinese steel ends on August ...