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World Gold Demand Down 7% In Q3 - WGC

Investment demand for gold in the reporting period fell by 53% to 235 tons, mainly due to outflows from ETF funds and other exchange-traded products....

S&P Global Ratings assigns investment rating to unsecured bonds of Metinvest

S&P Global Ratings has upgraded the long-term credit rating of Metinvest B.V., the parent company of an international vertically integrated mining...

Coal prices will skyrocket: Beijing decided to liberalize electricity prices

China intends to liberalize coal-fired electricity pricing to overcome the energy crisis and provide generators with sufficient fuel....

The shutdown of the UK metallurgical plants could bring down the pound sterling

British industrial enterprises will begin to close in a few weeks due to rising production costs in the hope of a further decline in energy prices....

Germany faces the fastest rise in prices since 1974

Inflation in Germany is fueled by the prices of so-called pre-materials, which include steel, metals and scrap metal. In addition, logistical...

Energy Crisis Spurs Rush Demand for Diesel and Gasoline Generators in China

Virtually all diesel generator manufacturers in China have sold all of their inventory and are reporting several months ahead....

Qatar has declared its inability to "bring down" world gas prices and urged to prepare for the worst

Qatar, the world's largest trader of liquefied natural gas (LNG), told consumers it was powerless to lower energy prices after UK steelmakers said...

Ukrainian Association of Ferroalloy Producers warns of "critical consequences" of tariff hikes

The Ukrainian Association of Producers of Ferroalloys and Other Electrometallurgical Products, representing the interests of enterprises in the...

Ferrexpo Shares Fall 4% After Reporting Cutting Iron Ore Pellet Production

Total production of iron ore in the third quarter decreased by 9% compared to the second quarter, but increased by 6% compared to the same period in...

Metinvest's revenues increased by $ 32 million in July

The revenue growth was driven by a $ 27 million increase in revenues and a $ 10 million contraction in Metinvest's debt in July....

Ukrgasvydobuvannya will buy two thousand tons of steel pipes in Uruguay

The Uruguayan company Tenaris Global Services will supply 2300 tons of casing for UAH 192 million for the Ukrainian state company. The offer of...

Since the beginning of the year, Ukraine has received more than $ 10 billion in foreign exchange earnings from the export of ferrous metals

For the most part, Ukrainian exports of ferrous metals are represented by metallurgical raw materials (iron ore, cast iron, scrap metal, etc.), as...

British Steel increased prices for rolled metal products, shifting the rise in energy prices to buyers

British Steel is introducing temporary premiums on steel prices for electricity and transportation, which are in place today to avoid rising costs....

World gold prices fell to half-year lows due to the strengthening of the dollar

In the short term, further decline in precious metals prices can be expected if the Fed begins to speak more actively about the curtailment of...

China created over two million jobs in its overseas companies in 2020

Chinese companies ranked first in the world in terms of foreign direct investment abroad last year, having invested USD 153.7 billion in foreign...

Climate policy of the European Union will result in sky-high steel prices - expert opinion

While the European steel market is showing signs of stabilization and cooling, buyers should get used to higher steel prices, says Iwona Dybal,...

Oil prices to surpass $ 90 by year end due to shortages - Goldman Sachs

Bank analysts predict that the coming heating season will kick off amid severe energy shortages caused by global shortages of natural gas and coal....

Chinese suppliers Apple and Tesla shut down their factories due to power shortages

China's coal-scarcity energy crisis threatens a slowdown in the Chinese economy and threatens global efforts to combat climate change....

Ford invests $ 50 million in company founded by former Tesla CEO

Ford invests in electric vehicle battery recycling company Redwood Materials to reduce import dependency....

UK to provide £ 220m in aid to metals and food industries

The British government stated that despite successful transformations in the energy sector, it is becoming more and more difficult to achieve CO2...

UK energy companies file for bankruptcy en masse due to high gas prices

There were 70 energy providers in the UK at the beginning of 2021, but industry sources say there may be as few as 10 remaining by the end of the...

Bill Gates Raises Over $ 1 Billion To His Clean Energy Fund

The largest contributors to the Catalyst Fund are BlackRock, Microsoft, American Airlines and ArcelorMittal, each with $ 100 million to develop new...

Low-cost carrier Ryanair plans aggressive expansion in Ukraine

The head of the company said that the main income will come from migrant workers, who are able to pay an average of 40 euros for a flight to Europe....

United Arab Emirates hopes to end US steel import duties soon

In the UAE, steel production is represented by the only integrated producer Emirates Steel, which recently received government support in the form of...

Industrial production in China increased by 5.3% in August 2021

In the first eight months of this year, this indicator increased by 13.1% on an annualized basis....

Moody's changes its outlook for the mining and metals industry from "positive" to "stable"

In its report, covering the medium-term outlook for iron ore, steel, coal, aluminum, gold, silver, nickel, copper and zinc, Moody 's expects most...

Boeing predicts full air travel recovery by 2024

Compared to last fall's forecast, Boeing now sees an increase in orders for commercial aircraft and aviation services over the next decade, as well...

18th China-ASEAN EXPO ends with record deals

This year, EXPO held 148 events to stimulate trade and economic ties and 26 high-level forums on the topic of industrial chains, cooperation on...

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