The Uruguayan company Tenaris Global Services will supply 2300 tons of casing for UAH 192 million for the Ukrainian state company. The offer of...
Business and Finance
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...
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...
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...
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...
Electricity prices in Europe have doubled due to calm weather
The lack of winds has led to the shutdown of most wind farms in the European Union, which, amid disruptions in the supply of natural gas, has pushed...
ArcelorMittal Receives Government Aid in Germany for Green Steel Transition
The German government has allocated 55 million euros of government funding for the construction of a new steel complex with a capacity of 1 million...
The National Bank of Ukraine has registered the first five collection firms
In 2021, in Ukraine, for the first time, there was a legislative regulation of the behavior of collection companies and financial institutions...
India to install Ukrainian gas turbine engines on frigates of its navy
It is planned to equip new multipurpose frigates with units produced by the Nikolaev Defense Plant, which will soon be built at the Indian shipyard....
Ukraine will strengthen interaction with the US Internal Revenue Service
The Ministry of Economy of Ukraine plans to develop electronic exchange of tax information within the framework of the signing of the Tax...
Ukrainian business is optimistic about the results of its activities in August - National Bank
The monthly business activity expectations index is calculated by the National Bank of Ukraine on a monthly basis based on surveys of Ukrainian...
Sri Lankan President declares emergency to prevent hunger
The island nation's president, Gotabay Rajapaksa, on Monday declared a state of emergency due to the currency crisis, seeking to ensure the...
Ukraine will again try to sell Europe's largest titanium and zirconium producer
United Mining and Chemical Company JSC will be put up for re-auction on October 29, 2021 at 11.00 Kiev time. No bids were received for the...
European Commission gives Germany 2.25 billion euros in financial assistance
This is the first payment under the program totaling 25.6 billion euros, which will be used to decarbonize the German economy, digitalize public...
International Monetary Fund transferred over $ 2.7 billion to Ukraine - NBU
The decision on the distribution of these funds will be made in accordance with the current legislation, the Cabinet of Ministers of Ukraine said....
