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Indian Tata Steel will replace Australian coal with Russian coke

The decision of the metallurgical company is significant for the Indian steel industry, as the fruitful result of the experiment will destroy...

Daimler and Geely view China as hub for hybrid powertrain manufacturing

Exporting engines from China is considered a priority option, the companies said in a joint statement....

Japan's most important stock index drops sharply amid new coronavirus outbreak

Japan's transport and insurance companies have shown the largest drop, while the highest growth in shares was recorded in the metallurgical and...

The world's largest oil company Saudi Aramco is forced to borrow money to pay dividends

Saudi Aramco last entered the international debt market last April, placing five tranches of Eurobonds totaling $ 12 billion....

Nissan is exploring the possibility of selling 34% of Mitsubishi Motors: Bloomberg

Rumors about the disintegration of the Renault-Nissan-Mitsubishi alliance appear with enviable regularity, but have never been more true....

A 15-meter monument to a dog made of pure gold was erected in the capital of Turkmenistan

Ashgabat entered the Guinness Book of Records for the number of buildings faced with white marble....

Indian government launches third round of stimulus measures totaling Rs 1.2 trillion

India's economy is seeing a strong recovery, Finance Minister Nirmala Sitharaman said Thursday in announcing a third round of fiscal stimulus....

Honda announced the start of mass production of autonomous cars of the third level

The Japanese company will establish mass production of cars that will be controlled by the third level autopilot....

A billion tons of cargo have passed through the port of Dubai in 10 years, and most of them are metal products

The Port of Jebel Ali, the flagship port of Dubai Port World (DP World), handled about 4.5 million TEUs from 2010 to 2019, which equates to 1...

China diversifies coal imports by ditching Australian goods

Australia's threats to investigate the causes of the coronavirus have prompted a response from China, which is systematically reducing imports...

Toyota more than doubles earnings forecast amid rebounding sales in China

Investor reaction was low-key, with stocks up just 0.5% by the close of trading in Tokyo, while the Nikkei benchmark rose 0.9%....

Korean auto makers will switch to hydrogen engines with help from Chinese steelmakers

Hyundai believes China has great potential for hydrogen-fueled commercial vehicles....

Saudi Aramco's third-quarter profit fell 44.6% due to pandemic

The company said it would distribute $ 18.75 billion in dividends for the third quarter of this year...

Kazakhstan launched a new technology for the production of batteries

This will enable an increase in production capacity up to 3.7 million batteries per year....

Erbol Nurgaliyev visited the metallurgical plant of JSC "ArcelorMittal Temirtau"

The main topic of the meeting is zero industrial injuries....

Shanghai relocates 5-story school building with a "walking machine" (Video)

The building weighing 7,600 tons was turned 21 degrees and moved along a curved route 61 meters....

Taiwanese company confessed to industrial espionage in the United States and agreed to pay fines

Taiwanese UMC has pleaded guilty to stealing technology and will be fined $ 60 million in the US trade secret theft....

Japan will be carbon neutral by 2050 - Prime Minister's statement

Yoshihide Suga: Next-Generation Solar Panels Will Help Eliminate Fossil Fuel Addiction....

Mitsubishi asked Japanese companies for temporary employment of their workers

The largest machine-building company in Japan asks its partners to find jobs for their workers who have been left without work as a result of the...

Tensions rise between China and Australia over commodity trade

Prolonged trade severity could damage Australia's economy...

China plans to ban coal imports from Australia for political reasons

The PRC authorities issued an unspoken order banning the country's state-owned companies from buying coal from Australia, which could bring...

China's coal mine kills 16

The Songzao coal mine accident was the latest in a string of deaths in a country with a poor industrial safety record....

Prices for metal products and scrap metal began to fall in China

Production cuts planned by most Chinese steel mills amid low demand for steel from the construction sector led to a collapse in prices....

India's largest state-owned metallurgical company "doubled"

The Government of India pays great attention to the development of the country's metallurgical industry, considering that the consumption of...

Indian state steel company to sell non-core assets

The coronavirus pandemic has prompted the Indian government to take a fresh look at the idle SAIL smelters and the company's constantly losing...

Toyota and Dentsu team up to improve marketing strategy

Dentsu Group Inc. announces a capital and business combination with Toyota Motor Corporation to form a joint venture company focused on marketing...

Tesla plans to export China-made Model 3s to Asia and Europe

Tesla plans to build 150,000 Model 3 vehicles in Shanghai this year...

China expands car market capacity by increasing demand for steel and metals

Auto sales in China will continue to rise in September-October after rising 12% in August, improving the outlook for steel and metals prices....

Samsung closes its last facility in China

The South Korean company began withdrawing assets from the PRC in March this year as part of an "ongoing effort to improve efficiency" at...

Indian steel consumers called price increases speculative and demand government intervention

According to organizations uniting representatives of mechanical engineering and other businesses that consume steel, the recent increase in prices...

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