The base interest rate remains the same - 0.0 percent, the main European Central Bank decided. At the same time, the ECB is considering a number of...
Business and Finance
Integrated border management strategy approved in Ukraine
The Cabinet of Ministers of Ukraine at a meeting on July 24 by its order approved the National Strategy for Integrated Border Management until 2025....
China's June Steel Prices Fall Despite Rising Demand
Steel prices in China continued to decline in June and new lows are expected, according to industry association data....
Tata Steel will attract $ 600 million loan
The largest private steel company in India, after the failure to merge European enterprises with Thyssenkrupp, directs almost all of its profits to...
MMC Norilsk Nickel shares renewed their all-time high
Papers of the leading Russian mining company at the Moscow Exchange on Friday broke through the psychological level of 15,000 rubles per share,...
Czech CEZ provides funding for European Metals lithium project
Demand for lithium, an important component in batteries, will grow as the electric vehicle market in Europe picks up steam....
China's economic growth slows down due to trade war with the United States
China's growth rate of 6.2 percent in the second quarter of this year was the lowest in nearly 30 years. The reason is the trade war with the...
Asia calculates losses from China-US trade war
Prices for metals and commodities in Asia began to decline steadily, sagging under the influence of trade restrictions resulting from rising...
Fitch sees big risks for Turkey due to the supply of Russian anti-aircraft systems
Fitch Ratings downgraded Turkey's long-term issuer default rating (IDR) to 'BB-' from 'BB' with a negative outlook due to...
European Commission downgrades euro area economic growth forecast for 2020
The European Commission has lowered its forecasts for economic growth for next year due to tensions in international trade and continuing mutual...
US imposed new duties on steel from Mexico and China
Officials from the US Department of Commerce claim that the governments of China, Canada and Mexico are subsidizing the export of certain types of...
South Korean President urges Japan to remove restrictions on metal exports
South Korean President Moon Jae-in has called on Japan to lift export controls on high-tech materials bound for South Korea as a forced military...
British Steel buyer has not yet appeared
Despite the fact that the deadline for filing applications for the acquisition of the bankrupt steel mill British Steel ended last Sunday, the...
Voestalpine AGM announces dividends of € 1.10
In addition, Wolfgang Eder handed over the chairmanship of the Voestalpine board to Herbert Eibensteiner....
China removes barriers to foreign investment on a range of metallurgical products
China will lift restrictions on foreign investment on a range of products in the metals sector, including antimony, tungsten, molybdenum and tin....
Beijing Retains Tax Credits for Green Vehicle Buyers
Contrary to pessimistic forecasts about the possible cancellation by Beijing of tax breaks on environmentally friendly cars, the Ministry of Finance...
The main owner of NLMK Group sells 2.6% of its shares on the open market
FLETCHER GROUP HOLDINGS LTD, associated with Vladimir Lisin, Chairman of the Board of Directors of the NLMK Group, sold 158 million shares of the...
Amazon overtook Apple to become the most expensive brand in the world
Amazon topped the list of the most valuable brands in the world and outstripped last year's leaders Apple and Google....
China raises duties on American goods by $ 60 billion
In response to Washington's increased tariffs on Chinese goods, Beijing has taken similar action and increased tariffs on US products totaling...
The profitability of the Chinese industry declined by 4 percent
Chinese statistics released Monday showed progress in the country's efforts to help reduce corporate leverage through supply-side structural...
US lowers import duties on Turkish steel to 25 percent
The President of the United States has leveled import duties on steel for Turkey on a level with other countries, but excluded the country from the...
Gold rises in price, other metals depreciate
Stock prices for gold rose by a percentage point and approached the level of 1300 USD per ounce. In turn, prices for industrial metals (nickel,...
Steel trade war costs US companies $ 11.5 billion a year
US steel prices rose after Trump imposed 25 percent tariffs on imported steel for some countries in March, and then expanded tariffs for most...
Metals prices will rise amid falling dollar
Zinc raw material prices are falling due to growing supply problems; copper prices are rising amid falling dollar....
Money laundering scandal leads to resignation of Swedbank chairman
The bank's executive appointment committee is currently looking for candidates for the role of director and chairman of the board....
Indian gold imports in April-February fell 5.5 percent
The world's largest gold importer reduced purchases of precious metals due to falling prices for jewelry....
China iron ore exchange prices rise 3 percent
Quotes jumped amid a possible disruption in iron ore supplies from Vale....
Australian and New Zealand stocks decline due to global problems
Australian stocks tumbled on Monday as mining and financial assets dwindled after US and Chinese economic data were released, signaling further...
Australian metals index rose 0.7 percent
Stocks in Australia and New Zealand rally amid modest trade and optimism for China....
China cuts VAT to 13 percent
Reducing the value added tax will increase the revenues of the PRC manufacturing sector....
