29/ 06/ 2022

Russia in May reduced the production of rolled steel by 8%

28/ 06/ 2022

London will violate WTO rules in an attempt to prevent the flow of cheap steel imports

Boris Johnson risks breaking international law in an attempt to protect the UK steel industry by extending and expanding import duties on rolled ...

28/ 06/ 2022

Cyber ​​attack forces Iranian steel company to shut down production

In recent years, cyberattacks in Iran have become more common. The country, long under Western sanctions, has slowly upgraded its networks to counter the growing use of ransomware by criminals, as well as government ...

27/ 06/ 2022

Belarusian Steel Works expands the range of steel products

Crystal cutting wire is a unique product from BMZ. It is not produced by other enterprises either in Belarus or in the post-Soviet ...

27/ 06/ 2022

Price volatility hits global steel market

A unique set of economic and political circumstances have contributed to extreme price volatility in recent years. It is generally accepted that a rash purchase can have serious financial ...

27/ 06/ 2022

Alisher Usmanov's Metalloinvest postponed the expansion of rebar production in the UAE

According to a company representative, it was decided to postpone the expansion of the plant not because of Western sanctions, but because there was an excess of steel rod on the local market, which is mainly used in the construction of the famous skyscrapers in ...

25/ 06/ 2022

The largest steel company in Austria announced its readiness to stop gas supplies from Russia

Voestalpine has set up its own natural gas storage facilities for three months of operation and has begun to fill them up. In addition, the group has signed contracts with alternative hydrocarbon suppliers and is ready for a complete halt in gas supplies from ...

25/ 06/ 2022

The leaders of the metallurgical industry of the world develop their own wind energy

As sustainable steel becomes more important to meeting global climate targets, manufacturers are turning to wind power to decarbonize steel ...

24/ 06/ 2022

Recovery in China could be key to rising global steel prices - MEPS

In June, the trajectory of the decline in world steel prices continued, both for flat and long products. Most steel producers around the world will enter the traditional summer period - the seasonally slow season - with a sense of dismay that the bottom of the current price cycle has not yet been reached.

24/ 06/ 2022

European and Turkish metallurgists curtail steel production amid weak demand

Steel and rolling mills in the region are cutting production, and traders who stocked their warehouses with metal this spring are struggling to sell surplus steel products. Nevertheless, everyone is waiting for autumn and a new increase in demand and, as a result, an increase in steel ...

14/ 06/ 2022

Austrian voestalpine delivers first partially decarbonized steel to customers

About 70% of the electricity used in steel production in Linz is generated by the use of gases, which are a by-product of the production process. The remaining energy portfolio is formed by renewable energy ...

14/ 06/ 2022

Ferrexpo limits iron ore production in Ukraine due to logistics problems

The company said it is adjusting its upstream capacity in line with sales to European and offshore markets that are viable under the ...