Analysts predict that demand for electricity will also grow faster and will increase prices....
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Voestalpine reported a sharp reduction in income
the Largest steel company of Austria reported that its operating profit in the first half of 2019 – 2020 has decreased by more than 50%....
The United States began the process of leaving the Paris climate agreement
U.S. Secretary of State Mike Pompeo announced the launch formal procedure of exit from the Paris climate agreement....
IPO Saudi Aramco most profitable company in the world, which will become public
Saudi Aramco announced plans for an IPO in 2016, but the listing of the company was postponed several times....
Wheels Interpipe has come to Kazakhstan
the Suspension of anti-dumping duties allowed the Ukrainian industrial company Interpipe for the first time to conclude a direct contract with the...
Shares of US Steel Corp. rose sharply after the publication of such bad results as expected
US Steel said that its adjusted net loss for the three months ending in September amounted to 21 cents per share, which significantly exceeded the...
Closed due to sanctions, the plant "RUSAL" will mine cryptocurrency
At the Nadvoitsky aluminum factory in Karelia it is planned to produce $ 100 million cryptocurrencies on a monthly basis....
Amazon's black streak: the 10 billion Pentagon contract goes to Microsoft
Earlier it was reported that Amazon founder Jeff Bezos on the night of Thursday to Friday ceased to be the richest man in the world. The quarterly...
Interpipe reported on successful restructuring of Eurobonds and other debts
A Ukrainian industrial company, a manufacturer of steel pipes and railway wheels, announced the completion of the restructuring with a partial...
NBU puts into circulation a 1000 hryvnia banknote
This will facilitate calculations and reduce the amount of paper money in Ukrainian wallets, the NBU reported....
Ukraine will allow the issuance of "green" bonds
The Verkhovna Rada Chancellery has registered a bill that provides for the introduction of "green" bonds in Ukraine....
The Ministry of Economy of Ukraine has adjusted the macro forecast for 2020-2022
The government has clarified its scenarios for the development of Ukraine for the next three years....
Steel prices in India fell to a three-year low
Falling demand for steel from the automotive and construction industries has brought down Indian prices for rolled metal, which in turn has made...
Pipe Metallurgical Company intends to increase its stake in Uralchermet
TMK Dmitry Pumpyansky intends to raise its share in the authorized capital of one of the largest Russian pipe distributors to 75%....
The construction industry in Ukraine is growing faster than other types of economic activity
The increase in construction volumes amounted to 21.2% compared to the same period last year, which is the highest growth among other types of...
Trump's trade war with China negatively affects Ukraine
Deterioration in world trade has led to a drop in prices for steel exported by Ukrainian companies....
Metinvest attracts new euro funding by completing Eurobond issue
Following a tender to buy back the bonds maturing in 2023, the total face value of the outstanding bonds of this issue is $ 504.515 million....
An abnormally low price was recorded at the auction for the supply of diesel fuel to Ukrzaliznitsa
From the very beginning of the auction on October 9, participants' offers on terms of payment with a delay of 5 banking days were for UAH...
Moldova prepares to stop gas transit through Ukraine
Chairman of the Administrative Council of JSC Moldovagaz Vadim Ceban said this at a meeting with President of Moldova Igor Dodon....
Commerzbank: Turkey's foreign exchange reserves are clearly insufficient to withstand new sanctions
Foreign exchange reserves are critical to a country's ability to support its currency, as well as to meet its import bills and pay off external...
New US duties against European goods began on Friday
On October 18, the United States began to impose additional 10 percent duties on European aircraft and 25 percent on a number of agricultural and...
Belarus to restore river navigation with Ukraine
Belarus has signed an investment agreement with Beltopenergo for the construction of a river port on the Dnieper in the Gomel region near the border...
Christian Dior apologizes to China for map error
Christian Dior was the last foreign brand to apologize to China for "secession" from Taiwan....
US Steel plans to place bonds for $ 300 million
As an integrated steel producer, US Steel plans to diversify its portfolio to include electric arc furnaces, which have dominated the American steel...
Turkey prepares retaliatory sanctions against the United States
Ankara does not intend to end the offensive in Syria and will not negotiate with Kurdish militants, the Turkish President's spokesman said....
UK may nationalize largest rail operator
The government is considering whether to take over the management of the largest rail service in the north of England....
Ukrainian steel exporters can take advantage of US sanctions against Turkey
A 50% increase in duties on the import of Turkish steel will open the way for new suppliers of rolled metal products to North America....
Head of China's HBIS Group was elected Chairman of the World Association
The World Steel Association (worldsteel) Board of Directors yesterday elected new officials for 2019/2020 at the Worldsteel General Assembly in...
US plans to increase sanctions pressure on Turkey
The United States will put pressure on Turkey to stop the Syrian offensive, including may increase sanctions....
Trump's sanctions against Turkey are ineffective and could just add fuel to the fire
The US sanctions imposed on Turkey on Monday cannot stop its invasion of Syria, since it has practically no effect on its economy....
