29/ 07/ 2022

Brazil has increased steel exports to Europe by eight times against the backdrop of the war in Ukraine

Brazilian steel exports to Europe in the first half of the year grew by 710% to almost a million tons due to anti-Russian sanctions imposed by the European Union after the start of a special military operation of the Russian Federation in ...

29/ 07/ 2022

Chinese steel mills to suspend several production lines in August

S&P Global Commodity Insights survey of 18 large steel plants in different regions of the country showed the reasons reduction in steel ...

27/ 07/ 2022

A converter was repaired at Polymetal Production without shutting down production

The overhaul of the converter is carried out every four years. It is preceded by a lot of preparatory ...

22/ 07/ 2022

Australian iron ore producers wary of China's plans

China's plans to centralize iron ore purchases could hurt the profits of global mining giants such as Australia's Rio Tinto and BHP ...

20/ 07/ 2022

Taiwan is preparing to repel the invasion of Russian steel in Asia

China Steel Corp. stated that it is closely following the offers of hot-rolled products from Russia and is ready to take steps "against unfair behavior in trade" if its Chinese customers switch to steel supplies from ...

20/ 07/ 2022

Losses in the production program of NLMK since the beginning of the year exceeded 1 million tons of steel

According to the forecasts of the chairman of the board of directors of the largest metallurgical company in the Russian Federation, Russian metallurgy will lose up to 50% of steel production this ...

19/ 07/ 2022

Losses from steel production in China exceeded $100 per ton - S&P

According to S&P Global, the profit margin on sales of hot-rolled steel in the Chinese domestic market fell from minus $37 per ton to minus $102 per ...

19/ 07/ 2022

Steel prices in the EU continue to fall as the summer holidays begin

European steel prices continued to decline this month. However, the overall rate of decline has slowed, which may indicate that the bottom will soon be ...

19/ 07/ 2022

Japan's Nippon Steel starts buying gas at record high prices

A Japanese steel company has purchased its most expensive natural gas shipment in history as the growing global energy crisis creates new risks of power outages and intensifies competition for fuel ...

17/ 07/ 2022

Electricity prices put Sweden before a choice between steel smelting and cryptocurrency mining

Sweden, which has the largest cryptocurrency mining sector in Europe, wants to make life difficult for virtual miners in favor of the real sector of the economy, primarily the production of decarbonized ...

15/ 07/ 2022

Ukraine reduced the export of scrap metal by eight times

In January - June 2022, 28.74 thousand tons of scrap metal were exported from ...

14/ 07/ 2022

The launch of exchange trading in metals in the Russian Federation may take place before September 1

It is planned to start exchange trading at the St. Petersburg International Commodity and Raw Materials Exchange with building rolled metal: bars and fittings.