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Tesla took 30% market share of electric cars in China, offering contactless sale

this is largely made possible because of the quarantine measures in China, which resulted in a reduction of car production by other companies at...

In Iran discovered 760 promising deposits of metals

the Total area of prospective areas where metals in Iran is 650 thousand square kilometers....

A fire at the largest steel plant of China will adversely affect the pig iron production in 2020

on Sunday, a local fire Department reported that the Shanghai plant owned by China's largest steel manufacturer, also known as Baosteel, the fire...

Japan will offer interest-free loans to small and medium-sized companies

interest-free loans are made available to all companies facing a sharp drop in income from the effects of combat coronaviruses....

Tesla has established a legacy processors in a Chinese car

Tesla admitted that he installed the outdated, slower processors in the new cars due to problems with the supply chain caused by the outbreak of...

The largest steel producer of China came to the debt market due to coronavirus

Baosteel takes money to combat the negative influence of coronavirus amid falling market prices for steel in China....

Modernization of passenger cars in India was suspended due to massive theft of toilets

Ambitious project for the construction of the new passenger cars in India was faced with the problem of massive theft of metal parts and fittings....

Hyundai Motor sales in February fell 13% amid the outbreak of coronavirus

the Largest carmaker in South Korea, Hyundai Motor due to the outbreak of coronavirus is forced to stop work of one of its major plants in Ulsan. On...

Nippon Steel is prepared to further reduce steel production due to coronavirus

the Third company in terms of production of steel in Nippon Steel the world is preparing for new reductions of smelting, as a slowdown in...

Toyota plans to build another mega-plant for the production of electric vehicles in China

a New plant in Tianjin value of $ 1.2 billion will produce more than 200,000 electric vehicles a year....

Steel production in China last week declined 5.4%

the China Association of ferrous metallurgy this week urged local businesses to reduce production of steel, to reduce the risks of overproduction...

3 thousand tons of gold found in India

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Chinese car sales plunge 92% in first half of February due to coronavirus

The fall in auto sales in China this year was expected even before the outbreak of the coronavirus due to economic slowdown and trade tensions....

Sanjeev Gupta bought another bankrupt steel plant

British billionaire of Indian origin acquired the completed acquisitions of the assets of Adhunik metaliks stock in India....

Iranian metallurgical company "Mobarak" has become the world's largest producer of DRI

Mobarakeh Steel Company in 2019 has produced more than 11 million tons of direct reduced iron (sponge iron)....

Platts: 35% of the steel mills in China have cut output due to problems with the supply of raw materials

More than one-third of Chinese steel mills are considering the possibility of reduction in steel production due to mounting inventories, raw...

Toyota resumes production in China to three of its plants of the four

At the end of January 2020, Toyota has closed four plants during the Christmas holidays according to the lunar calendar. The company planned to...

Nissan has reduced its profit forecast amid falling sales

the Company now plans to sell to 5.05 million vehicles for the whole year 2020, what will be the lowest sales figure in 2013....

Car sales in China fell in January by 18%

the downward Trend in sales will continue in the first quarter of this year, the outbreak of the coronavirus in China....

Association of ferrous metallurgy of China said on critically low stocks of raw materials in the factories

steel industry of China have reserves of raw materials for five days. Railways and motor transport are working intermittently due to the coronavirus....

Chinese steelmakers remained without Mongolian coke due to coronavirus

Mongolia until March 3, stopped all exports of coal to China due to the spread of the coronavirus. It can take place in the Russian Federation....

Nissan suspends production in Japan due to the Chinese coronavirus

At the plant Nissan stopped the parts that are made in China....

Stock exchange steel prices in China rose slightly on optimism of bidders

Construction companies of China and fabricators gradually resume production after extended in connection with the coronavirus holidays....

South Korea's Hyundai Motor resumed production after a partial lifting of the quarantine in China

Hyundai Motor Co. was forced to suspend production of cars in South Korea a week ago due to the lack of components that come from within the fashion...

Volkswagen has extended a quarantine in the Chinese factories until 17 February

Automakers stopped their businesses in China in connection with the epidemic of coronavirus....

Shanghai authorities will help Tesla to resume production of cars in the epidemic of the coronavirus

the American automaker will resume Assembly line this Monday, February 10, with the full support of the government of Shanghai....

Toyota has extended the quarantine at its factories in China until 17 February

due to the outbreak of coronavirus automaker Toyota will continue to stop their factories in China for another two weeks....

Toyota raised its annual profit forecast, not taking into account the impact of coronavirus

Toyota plans to sell in 2020 to 10.73 million vehicles and to about $ 23 billion operating profit....

The largest South Korean steel company POSCO expects steel prices

the Company plans to double investments in the development of its metallurgical facilities in order to "meet market changes."...

Indian state-owned steel company SAIL has increased sales by 35%

In January 2020, SAIL registered a record sales growth of 35% to 1,659 million tons....

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