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Hot rolled sheet prices in the US are ready to surpass the $ 1000 per tonne mark

Hot rolled coil (HRC) prices in the US are up again this week as mills are unable to keep up with skyrocketing steel demand....

Kolomoisky's plant in the USA mines cryptocurrency instead of producing ferroalloys

The problematic ferroalloy plant of the Ukrainian oligarch in the United States is quietly mining bitcoins and laying off staff....

US Secretary of State announced sanctions against Turkey over purchase of S-400 from Russia

Turkey must now "immediately resolve the issue of the S-400 in coordination with the United States," said Mike Pompeo....

American Steel Institute expects aggressive policy from new US Trade Representative

By electing Catherine Tai, Senior Trade Lawyer on the House Ways and Means Committee, Biden's team signals an intention to return to a more...

The reason for Elon Musk's move from California to Texas has become known - it's steel

American high-strength steel maker Steel Dynamic is building a large steel plant in Texas, just a few hours from Austin, where Tesla's new factory is...

Billion deal: Hyundai Motor to buy robot maker Boston Dynamics

In November, sources reported that Hyundai Motor had engaged Goldman Sachs to advise on the deal to buy Boston Dynamics....

South Korea launches investigation into Tesla autopilot for murder

Tesla Model X crashed into the wall of a house in the parking lot, accelerating before the collision to such an extent that its passenger was killed....

US Cold Rolled Steel Price Exceeds $ 1,000 /Ton

Due to the shortage of steel billets, some metallurgical plants in the United States may simply stop....

Flight tests of the interplanetary spacecraft Elon Musk were postponed due to engine failure

SpaceX said the tests were postponed by one day, but the window for a possible flight will also be available on Thursday....

Tesla announces additional $ 5 billion share issue

Tesla quotes went down in pre-market trading on Tuesday after the announcement of a new sale of shares, the price of which Elon Musk himself calls...

Today Elon Musk will launch an interplanetary stainless steel rocket into the stratosphere

This suborbital flight is intended to test a range of Raptor engine performance and the overall aerodynamic capabilities of the stainless steel...

The head of the Internet company Amazon will send a woman astronaut to the moon in 2024

Billionaire Jeff Bezos announced his intention on Instagram by posting a video of testing a new rocket engine at NASA's Marshall Space Flight Center...

NASA to pay robotic company Lunar Outpost $ 1 to fly to the Moon

Colorado-based robotics firm Lunar Outpost will receive $ 1 from the US budget for collecting and delivering soil samples from the Moon's South Pole....

Fully automated steel plant to appear in Canada

The complete management of this plant will be fully automated and integrated into the new process control system....

Elon Musk once again announced the overvaluation of Tesla shares - the bubble could burst

There is simply no reason for an increase in the shares of the American car company, says its CEO and warns that at any moment Tesla quotes can be...

US Provides $ 20 Billion in Government Support to Airlines to Pay Salaries

In addition, the US Treasury will provide an additional $ 8 billion in aid to the struggling private bus industry....

EU asks Biden to abolish duties on steel and aluminum

The EU hopes to host a summit in 2021 with US President-elect Joe Biden. EU leaders will discuss their negotiating positions at a meeting on December...

US Steel relaunches blast furnace # 4 at Gary Works

The growing demand for steel in the United States is forcing local metallurgical companies to take their previously shutdown capacities out of...

Donald Trump wants to finally hit the mining industry in China and "annoy" Joe Biden

The US Presidential Administration wants to impose sanctions against the Chinese exploration and drilling company China National Offshore Oil Corp....

Steel prices in the United States have almost doubled in six months - a record dynamic for the market

Hot rolled steel prices in the United States rose by $ 65 over the week to $ 820 per tonne, the most dynamic increase in the history of the steel...

China Doubles US Rare Earth Ore Purchases to Highest Level in History

Government stimulus to China's auto industry has been the main driver for the growth in demand for rare earth metals....

Biden's Production Plan Requires Significant Increase in U.S. Mineral Production

In recent years, the United States has become highly dependent on countries like China for the supply of metals and minerals needed for electric...

How much will steel prices in the United States "jump" upwards and what are the reasons for this?

American buyers are shocked by the current dizzying rise in steel prices, but even more interesting is what awaits them when they return to the...

Japan to support Nissan's U.S. sales with $ 2 billion in government support

Japan Export Credit Agency will provide Nissan with $ 2 billion to finance US sales....

US Hot Rolled Coil Prices Gain $ 20 Over the Week

At the same time, the delivery time of rolls to order increased from 8 to 9 weeks, which indicates a further increase in the deficit....

Tesla Model Y received one of the lowest ratings in the consumer rating

An authoritative American magazine ranked the latest Tesla model in the penultimate place in the ranking, talking about the poor build quality and...

California authorities were afraid to quarrel with Elon Musk and allowed Tesla to work in quarantine

Tesla factory workers have been exempted by a special state order from compulsory compliance with the new California curfew imposed by the worsening...

US to impose sanctions against Nord Stream 2 by the end of the year

New sanctions will be introduced during the Trump administration, but their harshness may be mitigated by President-elect Biden's desire to improve...

Tesla will enter the S&P 500 index by the end of this year

On news of inclusion in the S&P 500, Tesla shares rose 13.19% in OTC trading to $ 461.92 per share....

US Steel Expects Trump to Extend Cold War Steel Duties

America's oldest steel mill stands ready to support the new administration in the White House and looks forward to continuing the protectionist...

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