The main reason for cryptocurrency mining on the territory of the Zaporozhye Ferroalloy Plant was the lack of sufficient sales volumes of ferroalloys....
Business and Finance
From today, steel in Russia has become an excisable commodity
The excise tax includes all liquid steel smelted in open-hearth, induction and (or) electric steel-making furnaces, except for the alloy in which...
Elon Musk warns employees about the possible bankruptcy of SpaceX
The space company will face serious problems, it may even face bankruptcy, if not accelerate the production of Rapto rocket engines...
Turkey calls on EU to ease barriers to steel trade
After the signing of an agreement with the United States on quotas for European metal products, the EU should provide appropriate concessions for...
Elon Musk urges people to leave Binance, Coinbase and other cryptocurrency platforms
Why doesn't Elon Musk support centralized cryptocurrency exchanges?...
Musk is going to sell about 17 million shares to achieve 10% of his stake in Tesla
Elon Musk has already sold $ 8.8 billion worth of Tesla shares to pay taxes on stock options...
Investor Michael Burry thinks Elon Musk just wants to sell Tesla shares
Elon Musk sells Tesla shares to profit from twelve-fold growth in Tesla share value...
The price of a gas futures in Europe for the first time since October exceeded $ 1,050 per thousand cubic meters
The German Federal Grid Agency has temporarily suspended the certification procedure for Nord Stream 2 pending the completion of the creation of a...
Foreign exchange earnings from the export of goods from the Donetsk region increased by 1.8 times
The value of the export of ferrous metals from the Donetsk region of Ukraine for 9 months of 2021 amounted to 4 billion 350.2 million dollars, which...
Elon Musk suggests that a significant number of travelers will soon visit the moon
The billionaire's company is working with NASA to create a spacecraft to fly astronauts to the moon...
Chinese consumers slash new car purchases amid rising electric vehicle sales
The slump in car sales was reflected in the country's steel production, which fell to its 2018 low in October....
Meta Company accused Facebook of trademark infringement
“Facebook stole our name and our livelihood,” says Meta Company press release headline...
Rolls-Royce Receives £ 400 Million for Mini Nuclear Reactor Project
The company plans to build 16 mini nuclear power plants the size of two football fields and costing about £ 2 billion each....
Musk's Twitter posts cost Tesla shareholders nearly $ 61 billion
Tesla shares plummet five percent after half an hour of trading...
Will Elon Musk sell 10% of Tesla shares?
Elon Musk leaves nothing to chance, especially when it comes to Tesla shares...
Gold Price Rises Due to Confident Tone of Central Banks
The actions of the world's central banks contributed to the growth of gold...
US begins negotiations on steel and aluminum tariffs with Japan
After reaching an agreement on tariffs for imported steel from the European Union, the United States began similar negotiations with Japan....
Alexey Mordashov, owner of Severstal, has grown rich by $ 5.8 billion in 10 months
The new rating of the richest Russians, published by Bloomberg, indicates a slight slowdown in the growth of capitalization of metallurgical...
G20 agreed on climate change targets of no more than 1.5 degrees
Environmental protection is a key topic of the last day of the G20 summit. Heads of State discuss in Rome, among other things, the fight against...
Ukraine canceled the auction for the sale of Europe's largest titanium production facility
This is the second time that the State Property Fund of Ukraine has canceled the privatization auction of JSC "OGCC". According to the...
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...
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...
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...
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....
