Industry News
ArcelorMittal Kryvyi Rih Hit by Missile Strike, Halting Steel Production
ArcelorMittal Kryvyi Rih in Ukraine was hit by a missile strike, halting steel production and resulting in casualties, with repairs yet to be estimated.
Tag
#SteelProduction
11 published stories in this archive.
Industry News
Metinvest Reports $202 Million Loss in H1 2026 Amidst Operational Challenges
Metinvest reported a $202 million loss in H1 2026, despite a revenue increase, attributed to rising operational costs and losses from subsidiary liquidations amidst ongoing conflict.
Industry News
Uzbekistan’s Uzmetkombinat Launches First Casting and Rolling Complex, Boosting Steel Production Capacity
Uzbekistan inaugurates its first casting and rolling complex at Uzmetkombinat, boosting hot-rolled sheet metal production to 1 million tons annually and creating 1,200 jobs.
Industry News
Kazakhstan Plans Launch of New Metallurgical Plants Under Multi-Year Industry Expansion
Kazakhstan plans to launch seven metallurgical plants in 2026 as part of a broader industry expansion.
Companies & Organisations
Asia United Steel to Launch Rolling Steel Production in Almaty Region by 2027
Asia United Steel will invest 289 billion tenge to launch a steel plant producing up to 1.2 million tonnes annually by 2027.
Industry News
Kazakhstan Defies Global Steel Production Decline with 6.5% Growth in 2024
Kazakhstan achieves 6.5% steel production growth in 2024, defying global industry declines.
Companies & Organisations
Metinvest Announces 2024 Operational Results: Steel and Mining Performance Highlights
Metinvest reports a 4% increase in annual crude steel production and a 42% surge in iron ore concentrate output for 2024.
Companies & Organisations
Metinvest Suspends Pokrovsk Coal Operations Amid Security and Supply Challenges
Metinvest suspends Pokrovsk Coal Group operations, ensuring continued supply for steel production.
Industry News
EU Long Steel Market Faces Challenges Amid Fluctuating Demand and Global Competition
The EU long steel market sees fluctuating demand and competition from Chinese and Turkish producers.
Policies and Regulation
EU Commission Approves €1.3 Billion State Aid for ArcelorMittal’s Green Steel Initiative
The EU Commission has greenlit €1.3 billion in German state aid for ArcelorMittal to facilitate the decarbonization of its steel production processes.