01/ 02/ 2021

ArcelorMittal Kryvyi Rih is confident of further growth in prices for rolled metal

The world's leading manufacturers are switching to scrap metal, the collection of which has not increased recently, which ensures a long-term trend of rising prices for steel raw materials, according to the plant's sales department.

01/ 02/ 2021

In 2020, the largest metallurgical companies in Russia reduced steel production by 2.4%

In the second half of the year, production was supported by increased exports, and by the end of the year, overall global demand for metal increased, which pushed prices to multi-year highs.

30/ 01/ 2021

First ship loaded with iron ore headed from Sierra Leone to China

The new mine will supply China's domestic market with approximately 35 million tonnes of iron ore per ...

30/ 01/ 2021

Metinvest plants increase steel production by 9% in 2020

Steel production at Metinvest has been increasing for the second year in a row.

29/ 01/ 2021

Downward price trend begins in steel markets

The second decade of January brought a decrease in prices for pig iron at all regional sites. The cheaper scrap metal, ore on the spot market and weakening demand for flat products forced traders to make concessions.

29/ 01/ 2021

Novolipetsk Iron and Steel Works filed a lawsuit against the U.S. Steel worth $ 100 million

According to the Russian company, U. S. Steel has knowingly provided false information to the US Department of Commerce in order to undermine the competitiveness of NLMK's US division.

29/ 01/ 2021

Law enforcement officers arrested the head of the Azerbaijani metallurgical company Baku Steel

Baku Steel Company is the largest metallurgical company in the Caucasus and one of the main exporters of Azerbaijan.

28/ 01/ 2021

NUST MISIS Scientists Increased Strength of Metals for Mechanical Engineering

The most impressive results were obtained for the Ti6AL4V titanium-aluminum alloy, whose tensile strength increased 28 times. The improvement in mechanical properties is provided by diffusion of the material and changes in its microstructure, the scientists explained.

28/ 01/ 2021

Ukraine in 2020 got into the TOP-10 of world pig iron producers

The main export markets of Ukrainian metal products in January-December 2020, according to V.S.K. GROUP, are the countries of the European Union (28.5%), other European countries (14.5%) and Asian countries (14.2%).

28/ 01/ 2021

ArcelorMittal increases prices for rolled metal in Europe for the fifth time in three months

The new rise in steel prices was caused by the continuing supply shortage in the European market.

27/ 01/ 2021

Global steel production down 0.9% in 2020 - World Steel Association

In total, in 2020, 64 steelmaking countries smelted 1 billion 829.140 million tons of alloy, which is 0.9% less than in 2019.

27/ 01/ 2021

The price bubble in the US steel market has inflated to its maximum - the only question is when it will burst

For the first time since the beginning of August last year, prices on the US steel market have not increased, and deadlines for rolling orders have dropped from 9 to 7 weeks.