22/ 03/ 2023

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 ...

21/ 03/ 2023

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 ...

17/ 03/ 2023

Iron ore price falls as China plans to cut steel production

15/ 03/ 2023

Serbian steel mill HBIS to restart idle blast furnace next week

HBIS Serbia operates two blast furnaces with a total capacity of 2.2 million tons of iron per ...

11/ 03/ 2023

Canada introduces a total ban on imports of Russian aluminum and steel

Thus, against the backdrop of the situation around Ukraine, Ottawa limits the flow of revenues to the Russian budget. The agency clarified that the ban applies to all aluminum products, including raw aluminum and sheet aluminum, as well as finished products, including dishes and other household goods. The import of iron, unalloyed steel, semi-finished and finished products, including pipes, is also ...

10/ 03/ 2023

German company Speira to close Rheinwerk aluminum smelter due to high energy costs

German company Speira said on Thursday it would shut down aluminum production at its Rheinwerk plant due to high energy prices after it was forced to halve production last year.

09/ 03/ 2023

Domestic prices for hot-rolled steel in Europe will continue to grow

Higher offer prices will be gradually accepted in deals due to limited ...

05/ 03/ 2023

2023 will be the year of the takeoff of the hydrogen economy, primarily due to metallurgy - Platts opinion

Today, electrolysis is one of the most expensive ways to produce hydrogen in the world. However, Platts Hydrogen believes that the hydrogen market will reach 600 million tons by ...

04/ 03/ 2023

U.S. Steel Growth: Nucor Raises HRC Flat Prices to $1,150/t

U.S. Electric Arc Furnace (EAF) steel maker Nucor has increased flat steel prices by $150/tonne, setting a floor price for hot-rolled coil (HRC) at ...

04/ 03/ 2023

South Korean metalworkers union plans strikes in April-July

The Korean Metal Workers' Union (KMWU) is planning strikes in April-July in response to the government's labor reforms affecting the country's auto, shipbuilding and steel ...

04/ 03/ 2023

Steel production at Zaporizhstal in January-February 2023 amounted to 33% of the last year's level

In February 2023, Zaporizhstal produced 125.2 thousand tons of pig iron, 119.4 thousand tons of steel, shipped 99.6 thousand tons of rolled ...

04/ 03/ 2023

German engineering concern Rheinmetall will build a tank plant in Ukraine

A new tank plant in Ukraine will be able to produce up to 400 Panther-type main battle tanks per year. A Rheinmetall plant could be built in Ukraine for around 200 million euros. The investment decision can be made within the next two ...