22/ 04/ 2022

POSCO to build a new electrical steel plant

The South Korean steel giant's annual output of electrical steel will rise to 1.13 million tonnes once the new plant is completed in ...

22/ 04/ 2022

Mongolia introduced a limit on the export of precious metals and cash foreign currency

Since the conflict between Russia and Ukraine began on February 24, Mongolian commercial banks have begun imposing unexpected limits on daily US dollar transactions as foreign exchange reserves dwindle.

21/ 04/ 2022

The rise in steel prices in the European market has stopped

Europe's rapid rise in steel prices at the beginning of the year stimulated panic buying. This madness subsided as soon as consumers satisfied their needs.

21/ 04/ 2022

Russia will update the strategy of interaction with the WTO, taking into account the "illegal restrictions" for metallurgists

According to President Putin, Western countries have used illegal restrictions against Russian metallurgists: not only bans on the supply of finished products, but even on the purchase of production components.

21/ 04/ 2022

ArcelorMittal reported on the progress of negotiations with the protesting metallurgists in Kazakhstan

Employees of JSC ArcelorMittal Tubular Products Aktau, a loss-making pipe plant, demand a 100% increase in ...

19/ 04/ 2022

Blast furnaces of Zaporizhstal produced the first batches of pig iron after reopening

In the entire history of the metallurgical plant in Zaporozhye, it was stopped and started up only once - after the Second World War. Typically, blast furnace tapping occurs once every two hours, now this time is twice as ...

19/ 04/ 2022

Demand for ferrous metals in Russia grew by almost 40% in the first quarter

Domestic demand for steel and metal products in the Russian market continued to grow in March, despite the imposition of Western ...

18/ 04/ 2022

Belarusian Metallurgical Plant increased exports of steel products in the first quarter

Two electric steel-smelting shops operating at BMZ have increased their production potential to 3 million tons of steel per year due to the modernization.

18/ 04/ 2022

Metallurgists of Magnitogorsk replaced the scarce Ukrainian rolls with imports

The new machine Kuettner (Germany), put into operation at the Magnitogorsk plant of rolling rolls, will produce scarce equipment with a diameter of up to 1500 mm and a length of up to 3500 ...

16/ 04/ 2022

Thyssenkrupp transfers 1,300 steelworkers to reduced working hours due to war in Ukraine

Spending cuts become necessary as Russia conducts a special military operation in ...

15/ 04/ 2022

Imports of hot-rolled steel in the US fell by 37.7% in February

14/ 04/ 2022

About 100 Russian metal traders agreed to limit the markup on metal products to 12%

The Ministry of Industry and Trade of Russia has published a list of accredited distributors, trading houses and metal service companies that will limit the margin on the sale of products to ...