17/ 10/ 2022

Ukraine reduced the procurement of scrap metal by 73%, and its export by 13 times

Export of scrap metal from Ukraine in January-September 2022 amounted to 35.2 thousand tons, which is 12.9 times less compared to nine months of last ...

17/ 10/ 2022

Tata Steel plans to leave Europe due to energy prices

Tata Steel owns the UK's largest steel mill at Port Talbot in South Wales and employs approximately 8,000 people across the ...

15/ 10/ 2022

Iron ore prices fall to 11-month low

Iron ore reached its all-time high of 229.50 in May 2021. Today, its quotes on Chinese stock exchanges are at the level of 96 - 97 dollars per ton and continue to ...

14/ 10/ 2022

Income from Ukrainian steel exports decreased by 62% since the beginning of the year

In January-September of the current year, the metallurgical enterprises of Ukraine reduced the proceeds from the export of ferrous metals to $3.97 billion, having sold 5.18 million tons of ferrous metal products ...

13/ 10/ 2022

The Federal Antimonopoly Service of the Russian Federation is preparing a draft law allowing to adjust the antimonopoly fines of metallurgists

In February, the Federal Antimonopoly Service found major Russian metallurgists guilty of violating antimonopoly law and ordered them to stop abusing their dominant position and take actions aimed at ensuring ...

13/ 10/ 2022

Belarusian Metallurgical Plant plans to increase supplies to Bashkortostan

BMZ plans to increase the supply of metal products to the Republic of Bashkortostan, which will be facilitated by the growth in demand from the oil and gas and machine-building ...

13/ 10/ 2022

Russian manufacturers accused of inflating prices for armored steel after the announcement of mobilization

Russian metallurgists reacted to the start of the "second stage of mobilization" as expected, raising prices for armored steel by 7-14 times compared to the same period last year, the Nezygar Telegram channel ...

12/ 10/ 2022

Chinese aluminum producers will benefit from the stoppage of trading in Russian metals on the LME - Platts

Thanks to production cuts and the plans of the London Metal Exchange, aluminum prices in China have risen steadily, inventories are rapidly declining, and factories are beginning to make plans to increase ...

12/ 10/ 2022

The largest steel company in Ukraine stopped to save electricity

On Monday evening, the Ukrainian authorities called on businesses and citizens of the country to limit energy consumption in connection with a massive Russian missile attack on energy ...

12/ 10/ 2022

Ferrous metallurgy enterprises stop in Ukraine due to problems with electricity

Electricity is the main component of the cost of ferroalloy enterprises, whose leaders announced the suspension of capacities for an indefinite period. The mining industry of Ukraine is also under the threat of a complete ...

12/ 10/ 2022

Ferrexpo has suspended mining and production of iron ore in Ukraine

Ferexpo PLC shares fell 7.64% after the company said it was temporarily suspending production, Market Watch ...

07/ 10/ 2022

Russian steel production in 2022 may fall by 10% - government forecast

Russian metallurgists have been seriously affected by the sanctions, reducing their presence in the European market. The draft strategy for the development of metallurgy until 2030 states that EU sanctions have already affected the export of about 5 million tons of finished metal products, which in value terms amounted to about $3.7 billion. Yesterday, the EU introduced a new package of sanctions that will affect up to 7 billion euros of Russian supplies of steel billets and ...