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Glencore accused of bribery in London pleads guilty in the US

Glencore mining company settles bribery and market manipulation cases in UK and US...

Swiss oil and gas equipment manufacturer Sulzer leaves Russia

About 300 people work at the Russian factories of the company. Sulzer manufactures pumps, machine tools and other industrial equipment for the oil,...

BIR: European Commission's decision on scrap metal will be the most tragic event in the last 40 years

Export controls currently being proposed by the EU would mean less waste and less accessible technology in the region, according to BIR's...

Rejection of Russian palladium destroys markets

Russia is the world's largest producer of palladium, accounting for about 40% of global supplies....

Volvo starts mass production of electric trucks made from decarbonized steel

Volvo Trucks is the first company in the world to use fossil fuel-free steel in its trucks....

European steel prices are directly dependent on Russian gas prices - MetalMiner

EU metallurgists continue to rely on natural gas as the currently uncontested fuel for pig iron production in blast furnaces, as well as for steel...

IMF: The world economy has fallen back to the state of the Second World War

Analysts from the International Monetary Fund said that at the moment all the conditions are in place for a “perfect storm” in the global economy, as...

Dneprospetsstal restarted stainless steel production in Zaporozhye

Dneprospetsstal is gradually launching production, and stable volumes of stainless steel supplies to Ukrainian consumers are expected in the near...

India raises export duty on iron ore and iron and steel products

The Government of India has taken measures to support domestic steel production by limiting the export of metallurgical raw materials and removing...

Electricity from waste: Naftogaz and Clear Energy launched a biogas power plant in the Lviv region

Degassing technology at landfills not only reduces methane emissions, but also reduces emissions of volatile organic compounds (VOCs) and other air...

In January-April, car exports from China grew by almost 40%

Four-month growth comes as auto sales in China fell 47.6% year-on-year in April this year due to the impact of the COVID-19 epidemic....

China spent more than $6 billion on Russian energy imports in April

Purchases of coking coal for the steel industry rose for the third month to 1.71 million tons, more than double the level of last year...

Lithium mining in Chile's Atacama sparks controversy over flamingo habitat

Flamingo numbers are declining, and a new study links this to water being extracted by mining companies for lithium-infused brine...

Europeans have sharply reduced the purchase of new cars

In April, the registration of new passenger cars in the EU decreased by 26.6% to 684,506 units....

Installed renewable energy capacity in China skyrockets in first four months of 2022

China intends to increase the share of non-fossil energy consumption to around 25% by 2030....

Martina Merz will continue to lead the German ThyssenKrupp until March 2028

German engineer Martina Merz became CEO of ThyssenKrupp in 2019 and was named "the most powerful woman in the German economy". She embarked...

European metallurgists criticized the plans of the European Commission to refuse Russian gas

The Eurofer Association demands a revision of the EU energy strategy "for the sake of cohesion, cooperation and intersectoral dialogue"....

Ukrainian exports of pig iron and semi-finished steel decreased by one and a half times

In the first four months of this year, Ukraine lost about half a billion dollars in export earnings from the sale of pig iron and semi-finished steel...

Copper falls on expectations of a sharp increase in US rates

Prospects for a significant increase in US interest rates...

The largest shareholder of gold production in Russia donates 100% of shares to an Islamic fund

According to PJSC Polyus, the largest gold producer in Russia...

Iron ore price rises due to supply issues

China's iron ore stocks remain at their lowest level since October...

Japanese companies are accelerating the replacement of Russian coal with Australian supplies

Australian coal prices remain strong as demand for coal from Europe and Japan to replace Russian coal continues to change trade flows. Market...

POSCO starts supplying steel for hyperloop pipes in the Netherlands

POSCO will smelt 63 tons of the original 275 tons to produce 64m 2.5m diameter pipes and then supply the pipes to the Netherlands. The South Korean...

Uralvagonzavod is interested in the metal products of the Alchevsk metkobinat

The Mayor of Nizhny Tagil, who is visiting Lugansk these days, did not rule out that LPR enterprises would also be able to interact with the Ural...

US imposes preliminary anti-dumping duties on Russian oil and gas pipes

Earlier, the US Department of Commerce announced the introduction of preliminary countervailing duties on Russian oil and gas pipes....

LADA became the official car of the Silk Way Rally

In 2022, the route will be 4,380 kilometers long, of which 2,800 kilometers will be special stages....

ArcelorMittal refused large-scale investments in Ukraine

The mining and metallurgical holding of the British billionaire of Indian origin Lakshmi N.Mittal revised its investment program for the plant in...

Germany seeks energy independence from Russia

Due to rising prices for energy carriers and automobile fuel, inflation in Germany in April rose to 7.4% - a maximum over the past 40 years....

ThyssenKrupp enters Australia's green hydrogen market

According to research conducted by German analysts, less than 5% of Australia's renewable energy potential converted to hydrogen would be sufficient...

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