22/ 12/ 2020

Finnish stainless steel maker Outokumpu to fire 650 people over coronavirus

The layoffs are part of the company’s program to improve EBITDA by € 200 million and bring the net debt to EBITDA ratio below 3.0x by the end of ...

22/ 12/ 2020

World steel production in November increased by 6.6%

Ukraine has shown the largest growth in steel production in annual comparison. Almost every country in the world, with the exception of Korea and Japan, increased steel production in ...

22/ 12/ 2020

ArcelorMittal and Nippon Steel to build a new electric arc furnace in the USA

A new electric arc furnace with a capacity of one and a half million tons will appear at a metallurgical plant in Alabama, which today is forced to purchase billets for rolling on the ...

22/ 12/ 2020

Iron ore rises to nine-year highs

Experts at Jefferies Financial Group expect to see ore prices in the range of $ 180 to $ 200 per ton in the first quarter of 2021.

21/ 12/ 2020

Ukraine launches anti-dumping investigation against Chinese coated steel products

The decision to initiate an investigation was made by the MCMT on the basis of the complaint of "Module - Ukraine " LLC, as well as the report and conclusions of the Ministry of Economic Development, Trade and Agriculture of Ukraine.

21/ 12/ 2020

Consumption of steel products in Ukraine for 11 months of 2020 increased by 4.3%

In January-November 2020, the capacity of the metal products market in Ukraine increased to 4.3 million tons amid a drop in imports by almost 200 thousand tons.

21/ 12/ 2020

Congo authorities seized an iron ore deposit from an Australian company and gave it to the Chinese

The Congo government will now have to face a $ 8.76 billion claim in international ...

21/ 12/ 2020

Russia restricts the export of scrap metal due to the threat of a shortage of metallurgical raw materials

The solution is also aimed at preventing an increase in prices for building materials, as well as industrial metal rolling.

20/ 12/ 2020

Procurement of scrap metal in Ukraine will decrease, and purchase prices will rise sharply - UAVtormet

Since the beginning of December, purchase prices for scrap in Ukraine have increased by almost 1,000 hryvnia per ton.

18/ 12/ 2020

Energomashspetsstal is preparing a batch of rolls for shipment to Primetals Technologies

Primetals Technologies representative Michael Mar, who carried out the acceptance of the finished products, noted that no inconsistencies were found during the inspection.

18/ 12/ 2020

Belarusian Metallurgical Plant has released a corporate calendar with its employees

The title concept of the calendar for 2021 is the famous quote from Marilyn Monroe: “True beauty and femininity is timeless.” ...

18/ 12/ 2020

Coronavirus pandemic has revived metal trade in Russia - prices soared by 30%

The composite price index for ferrous metal products across the Russian Federation increased by 197.2 points (+ 31.3%) over three weeks to 827.4 points.