29/ 01/ 2023

Prices for metal products in Ukraine increased by 26% last year

Due to the loss of part of the metallurgical production as a result of the Russian special military operation, the shortage of steel in Ukraine has sharply increased, which, together with the growth of the dollar and the euro, raised prices for rolled ...

28/ 01/ 2023

British scientists have found a way to cut CO2 emissions from steel production by 90%

Researchers at the University of Birmingham have developed an innovative method for existing furnaces that can reduce CO2 emissions from steel production by almost ...

26/ 01/ 2023

European steel price rise that began in January will be short-lived - MEPS

By mid-January, several large European steel producers announced significant price increases to the market, citing cost increases. Distributors are skeptical about the longevity of such a move. Consumer demand has not yet recovered, and many believe that premature growth will stifle any recovery in ...

26/ 01/ 2023

Steel production in China rose in the first decade of January

In the first 10 days of January 2023, 1.93 million tons of steel were smelted in China, which is half a percent more than in the first ten days of December 2022.

18/ 01/ 2023

China's crude steel production in 2022 falls for the second year in a row

Chinese steel production is forecast to recover between the end of February and March. However, the recovery in steel demand this spring is likely to be modest and should increase pressure on steel prices by ...

18/ 01/ 2023

Sweden announced the discovery of Europe's largest deposit of rare earth metals

Rare earths are not currently mined in Europe, leaving the region dependent on imports from other countries. At the same time, demand is expected to grow in the coming years due to the development of the electric vehicle and renewable energy ...

15/ 01/ 2023

Interpipe reduced steel production and sharply reduced capital investment

The pre-tax profit of Victor Pinchuk's metallurgical company amounted to $199.975 million compared to $56.505 million in the first nine months of 2021 (an increase of 3.5 times). At the same time, revenue decreased by 9.3% to $686.634 ...

15/ 01/ 2023

Dneprovsky Metallurgical Plant continues to operate rolling shops using tolling raw materials

The partners resumed work at the end of the year, after the accumulation of raw materials, the DMZ heating furnace was put on heating on January 2, and on January 5 the rolling mill was put into operation and the order was ...

09/ 01/ 2023

Zaporizhstal Metallurgical Plant mastered eight new types of products in 2022

During 2022, the Zaporizhstal metallurgical plant of the Metinvest group launched the production of eight new types of cold-rolled and hot-rolled steel, including thick steel plates up to 120 mm thick, for key Ukrainian and foreign ...

07/ 01/ 2023

Nucor Rolls First Steel Sheet at New Kentucky Steel Plant

Nucor Steel Brandenburg in Brandenburg, Kentucky, is currently the only steel mill in the United States and one of the few in the world capable of producing heavy plate used to make monolithic foundations for offshore wind ...

07/ 01/ 2023

Taiwan bans stainless steel exports to Russia and Belarus

Taiwan was one of the leading suppliers of stainless steel in Russia. According to the estimates of the Spetsstal Association, its share in stainless steel imports in 2021 amounted to about six percent.

06/ 01/ 2023

British Steel seeks financial support from the government to continue work

The collapse of British Steel could cost the UK government up to ...