Metallurgy news

• Velta has received its third U. S. patent for titanium recycling technology The Velta Group of Companies with titanium-bearing mining assets in Novomirgorod (Kirovograd region) has received its third patent from the United States Patent and Trademark Office (USPTO) for its own innovative Velta Ti Process technology.According to a press release on Monday, the new patent... 21.06.2025  17:14

• Zaporizhstal in five months increased the rental by 4.6% Zaporizhzhya Metallurgical Plant Zaporozhstal in January-May of this year increased its rental by 4.6% compared to the same period last year-up to 1 million 97.3 thousand tons from 1 million 48.8 thousand tons. , according to the press release of the plant on Monday, the production of steel for... 21.06.2025  17:00

• Trump raises tariffs on steel and aluminum in the United States to 50% US President Donald Trump increased duties on steel and aluminum from 25% to 50%, fulfilling a promise to raise taxes on imports to the United States to help domestic producers, a decree signed on Tuesday came into force on Wednesday, Bloomberg reports.The decree says that the previous duties "have... 21.06.2025  17:00

• Steel consumption in Ukraine increased by 5.9% in 2024, but did not return to the world leaders table In 2024, Ukraine increased the visible use of steel by 5.9% compared to 2023, to 3.6 million tons from 3.4 million tons. The consumption for a person was 95 kg (versus 93.4 kg in 2023). This is significantly lower than the average ID indicator 214.7 kg/person. according to WorldSteel data,... 21.06.2025  16:00

• Ukraine rose to the top 10 net pig iron exporters, consumption increased by 21% By the end of 2024, Ukraine produced 7.1 million tons of pig iron, of which 1.3 million tons were exported. The apparent consumption of pig iron increased to 5.8 million tons, which is 21% more than in 2023 (4.8 million tons).In the world ranking of net pig iron exporters, Ukraine rose to 10th... 21.06.2025  16:00

• Ukrgrafit increased its loss by 81% In January-March of this year, PJSC Ukrainian Graphite (Ukrgraffit, Zaporizhia) increased its net loss by 80.6% compared to the same period last year to UAH 65.870 million from UAH 36.466 million.According to the company's interim report, net profit for this period decreased by 1.6% to UAH 296.640... 21.06.2025  15:25

• Metinvest automates 95% of the processes using AI Mining and metallurgical group Metinvest transforms its business processes using artificial intelligence (AI) through automation, the use of drones and the use of these tools in the financial sector. "In 2020, we were able to automate about 70% of the processes, and 30% remained inaccessible due... 21.06.2025  15:25

• Trump doubles duties for steel imports in the United States up to 50% US President Donald Trump doubles the rate of steel imports from 25% to 50% Trump announced this news on Friday during a rally at the US Steel factory in Irving in West-Miflin, Pennsylvania. In a post on social networks, he later clarified that a 50%collection enters into force on... 03.06.2025  07:49

• European hot-rolled steel plants are reducing their supply According to Fastmarkets sources, on Wednesday, May 28, prices for hot-rolled coils in Europe as a whole did not change, and the trading volume was still low. Leading European suppliers have reduced their offers to about €650 ($686.71) per ton of ex-works from €700 per ton of ex-works. The largest f... 03.06.2025  07:36

• US Steel will remain in America and form a partnership with Nippon, as Trump said The merger with US Steel will lead to the creation of the third largest manufacturer in the world. US President Donald Trump on Friday announced that US Steel and the Japanese Nippon Steel agreed to form a “planned partnership”, which means that the American steel company will remain in the cou... 27.05.2025  13:10