voestalpine expects the global economy as a whole to continue its upward trajectory, at least until the end of calendar 2021. In addition, the...
Business and Finance
The EU supervisor will decide by July 9 to sell the assets of Liberty Steel France to ArcelorMittal
...
Transmashholding transferred the registration of the parent company from the Netherlands to Cyprus
The company assures that this has nothing to do with the denunciation of the tax agreement with the Netherlands in the Russian Federation, calling...
German companies face critical staff shortages - Handelsblatt
The German economy lacks not only wood, steel or computer chips, but also people. Only in the 30 largest companies in Germany, the labor shortage is...
G7 countries plan to create Western alternative to China's Silk Road initiative
The G7 countries, under pressure from the United States, are planning to make a decision on a global partnership in the field of infrastructure....
World Economic Forum economists named the main threats to the global economy
The latest poll of chief economists from the World Economic Forum shows that most of them expect global GDP to recover to pre-COVID-19 levels by the...
Elon Musk explained the rise in prices for Tesla by the increase in costs for rolled metal and other raw materials
Record steel price increases have hit the supply chains of American automaker Tesla....
Metinvest's profitability grows up to 40% in the first quarter of 2021
The company's debt burden ratio, which shows the ability to pay on existing loans and borrowings, "Net debt /EBITDA" decreased from...
Goldman Sachs no longer views China as the center of commodity pricing
The bank motivates this by the fact that the pace of recovery in demand in developed markets suggests that China as a buyer has been ousted by...
Chinese banks banned from lending to private investors buying up commodities
Chinese officials fear speculative heating up of the commodity market and multiple bankruptcies of private investors who are unable to bear such...
Stock prices for gold are preparing to overcome the mark of $ 1900 per ounce
Gold quotes close to the key resistance of $ 1,900 amid declining consumer confidence in the US and declining new home sales in the country, which...
China will tighten regulation of virtual currencies - Xinhua
Financial institutions, payment institutions and other agencies should not use virtual currencies to set prices for products or services, the...
Crypto miners stop business in China: bitcoin dipped to 36 thousand dollars
Miners began to leave China due to the tough position of local authorities regarding virtual payment means....
Liberty Steel has moved millions of UK taxpayers to other countries - Financial Times
Dalzell Steel Works and nearby Clydebridge are the last two major steel works in Scotland, employing around 140 people. During the Covid-19 pandemic,...
IMF proposes to allocate $ 50 billion to fight COVID-19 pandemic
The IMF predicts that its proposed measures may be sufficient to achieve the vaccination target of 40 percent by the end of 2021 and 60 percent by...
Alexey Mordashov's company agreed to purchase the Russian supermarket chain Billa
After the purchase, the Billa Russia trademark will be destroyed. All hypermarkets of the chain will be transferred under the Lenta brand, and their...
Plant "Electrotyazhmash" began to purchase materials for bills
The plant paid over 34 million hryvnia by bill of exchange to suppliers of raw materials, having received the necessary materials for production....
Ukraine at the beginning of 2021 increased foreign exchange earnings from the export of ferrous metals by almost 40%
Ferrous metals in January-April 2021 accounted for 19.5% of the total revenues from the export of Ukrainian goods....
Toyota Motor Capitalization Exceeds 2015 Record High
Investors believe that the world's largest automaker is more successful than others in coping with the shortage of microcircuits....
Interpipe placed $ 300 million in Eurobonds in less than a day
Half of the funds raised are planned to be used for general corporate purposes, the remaining 50% of the proceeds can be used to pay special...
Exports of Russian agricultural machinery increased by 2.2 times in the 1st quarter of 2021
Today, Russian manufacturers do not experience such problems with the supply of components as some foreign companies. This is due to the high share...
Tesla Suspends Acceptance Of Bitcoin Due To An Unsustainable Way To Receive This Cryptocurrency
The price of bitcoin during the trading session fell by 15.29%, to $ 46.8 thousand after the announcement of Elon Musk about the suspension of the...
Interpipe's 5-year Eurobonds for $ 300 mln are assigned a priority unsecured rating of 'B'
The volume of Interpipe debt after the bond issue will increase to $ 300-350 million, including $ 45 million bilateral guaranteed debt to banks with...
Scrap metal in Turkey is more expensive today than rebar a year ago - more than $ 500 per ton
The price of one ton of imported ferrous metal scrap in Turkey today exceeds $ 500, which is comparable to the price of reinforcing steel 12 months...
GFG Alliance lists French steel mills for sale
Earlier, it was reported about the bankruptcy of three French factories for the production of auto parts, owned by Alvance Aluminum, a member of the...
UN raises global economic growth forecast amid sustained recovery in China and US
The UN predicts the growth of the world economy to 5.4% this year. This is stated in the mid-term report of the world organization on the prospects...
Rinat Akhmetov's fortune during the pandemic grew 2.7 times from 2.8 to 7.6 billion dollars
This is evidenced by the updated data of the ranking of the richest Ukrainians, published by Forbes Ukraine magazine....
Metallurgical giant ArcelorMittal reports its best quarter in a decade
ArcelorMittal profit before interest, taxes, depreciation and amortization for the first quarter was $ 3.24 billion. This exceeded all...
