Cash flow Saudi Aramco from operating activities in the first quarter amounted to 22.4 billion to $ 24.5 billion dollars in the same period of 2019....
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ArcelorMittal plans to issue additional shares to two billion dollars due to pandemic
the Company emphasizes that it does not need the money, but the growing uncertainty on the market may be cause for loss of financial stability....
The Saudi authorities to suspend the payment of allowances and dramatically increase taxes
Saudi Arabia has tripled the VAT rate and the abolition of all allowances in the framework of austerity after the fall of oil prices....
ArcelorMittal announces the overpricing of electricity in Ukraine is at least twice
If you compare the price of electricity in Ukraine and in the countries of the European Union, the enterprises of ArcelorMittal in Europe buying...
A leading metallurgical company in the world suspends dividend payments
ArcelorMittal Board of Directors has deemed it appropriate to suspend dividend payments as long as the operating environment is not normal....
Ukraine in the first quarter reduced revenues from exports of ferrous metals 15.5%
Metallurgical enterprises of Krajina continued to reduce export earnings from trade in black metals and metal products....
BMW expects drop in margins in the automobile business in 2020 to zero
the Company registered in the first quarter of a two-fold increase in profits, but sees a gloomy future for the business as a whole in 2020....
Eurostat producer Prices of industrial production in the Eurozone fell by 1.5%
the Biggest decline in producer prices of industrial products was observed in Greece, Lithuania and Spain....
France recorded a record drop in manufacturing activity
Crantini restrictions forced the French company to cut staff at the fastest rate....
United States Steel Corporation pays a symbolic dividend of 1 cent per 1 share
a Leading integrated steel producer in the United States stopped 7 of 10 blast furnaces and is preparing to lay off about 7,000 employees from their...
Shell for the first time since the second world war, "trims" dividends
Energy company was facing an unprecedented fall in oil demand due to pandemic coronavirus....
Ford expects net loss of $ 5 billion in the current quarter due to falling demand
the Company is preparing for difficult times by reducing spending on all its projects....
Profit of the largest manufacturer of steel in China fell by 43.6 percent
Chinese steel makers expect a further decline in revenues due to weak demand and high iron ore prices....
US imposed export restrictions against Ukraine, Russia, Venezuela and China
The United States has published regulation changes that impose new restrictions on the export of aircraft components and many semiconductor-related...
Commercial vehicle sales in Europe have halved
Registration of commercial vehicles in the European Union in the first quarter decreased by 23.2% falling 47.3 percent in March....
OPEC predicted the return of oil to USD 40 per barrel in the second half of 2020
the Recovery in prices will contribute to the results of the steps that have been taken in some countries, including in China and Europe....
Tata Steel asks the UK government half a billion pounds
In the words of British member of Parliament Stephen Kinnock, Tata Steel needs state support in the amount of about 500 million pounds to tackle the...
EU leaders have approved a program of emergency support to the economy to 540 billion euros
the European Union restarts the economy of the bloc, according to the President of the European Commission, we are talking about trillions of euros...
The price of North American WTI crude oil fell below $ 8 per barrel for the first time in history
In may, will operate a new agreement OPEC and non-OPEC to reduce oil production....
S & P Global Ratings has downgraded the rating of Tata Steel to the speculative "B+"
Analysts are disappointed by the company's financial condition, which was worse than expected even before the pandemic. Now in S & P say about a...
The market considered the deal OPEC+ reduction of oil production of one dollar
two weeks after the completion of the agreement with Saudi Arabia on the reduction of production Russia returns to deal OPEC+, preparing to cut the...
Experts have predicted a sharp drop in car sales
Annual demand in US is expected to lag behind the figure for 2019 30% by the end of this year....
Metinvest has taken out a loan of 10 million euros for the modernization of mill 1700 MMK im.Ilyich
This project is another milestone in the successful cooperation of Metinvest with the Austrian company Primetals Technologies Austria....
Fitch downgrades ArcelorMittal SA to "BB +"; Outlook Negative
the Agency expects to reduce the demand for steel and falling prices for metal, followed by reduction at the beginning of 2021....
Japan called virus crisis "the biggest since the second world war"
the size of the stimulus package for the Japanese economy will be about 108 trillion yen, while government will spend more than 6 trillion yen in...
The European Union will increase the duty on American goods in response to the extension of tariffs on steel in the USA
the U.S. imposed import duties on steel and aluminum in 2018 for reasons of protection of national security. Under the rates were about 40 billion...
ArcelorMittal has declared force majeure on supply of steel in South Africa
a three-week lock movements across the country had a negative impact on the South African branch of one of the world's largest steel producers....
Saudi Arabia called for an emergency meeting of OPEC+ after the call of the President of the United States of trump
Call Saudi Arabia for an emergency meeting of the countries-manufacturers of oil comes at a time when market participants began to doubt that this...
Fitch Ratings forecasts a "deep global recession"
New Outlook < / span>does not provide the return of the GDP in the US and Europe to the levels seen before the virus of the crisis to the end...
Interpipe declares about the sharp jump in electricity prices in Ukraine
Where the industry was not able to finish the coronavirus, it will finish the electricity tariff, said the Director for economy and Finance Interim....
