Salzgitter and LKAB have formed a partnership to decarbonize the steel industry

Salzgitter and LKAB have formed a partnership to decarbonize the steel industry

Within its SALCOS project, Salzgitter is working with partners from the steel industry and research institutes to achieve carbon-neutral steel...

20 advanced manufacturing industrial parks to open in Shenzhen

20 advanced manufacturing industrial parks to open in Shenzhen

This move by the Chinese authorities is aimed at developing and supporting 20 strategically important emerging sectors, as well as eight industries...

Nigeria can turn Russian-Ukrainian conflict to its advantage - Lee Engineering Group

Nigeria can turn Russian-Ukrainian conflict to its advantage - Lee Engineering Group

The hydrocarbon deficit in Europe gives Nigeria a very good opportunity to get huge investments in its gas distribution industry and build new plants...

Elon Musk wants to lay off 10,000 Tesla workers due to 'very bad feeling'

Elon Musk wants to lay off 10,000 Tesla workers due to 'very bad feeling'

Musk's gloomy prediction of a looming US recession echoes recent comments from executives including JPMorgan Chase CEO Jamie Dimon and Goldman...

China will continue to build its industrial economy

China will continue to build its industrial economy

The Ministry of Industry and Informatization of the PRC will increase its assistance to small and medium-sized enterprises and coordinate with other...

Ukraine plans to build 9 nuclear power units using American Westinghouse technology

Ukraine plans to build 9 nuclear power units using American Westinghouse technology

Westinghouse and Energoatom intend to create a Westinghouse engineering and technical center in Ukraine, which will support the construction and...

Russian metallurgists stop production due to the strengthened ruble

Russian metallurgists stop production due to the strengthened ruble

Russian metallurgists have warned the government about losses and a forced reduction in production if taxes on the industry are not reduced and the...

Sberbank increased sales of precious metals by 3.8 times

Sberbank increased sales of precious metals by 3.8 times

Experts explain the increased demand for gold by the fact that during periods of market uncertainty and increased volatility, gold is considered as a...

DTEK Energy machine builders have manufactured a new tunneling machine

DTEK Energy machine builders have manufactured a new tunneling machine

When assembling the harvester, machine builders used components from the best European manufacturers, which increases the reliability and safety of...

The Eurasian Economic Commission extended anti-dumping duties on steel from Ukraine

The Eurasian Economic Commission extended anti-dumping duties on steel from Ukraine

In particular, anti-dumping duties on the import of steel angles and ferro-silicon marshan into the territory of the Customs Union have been extended....

China to Increase Wind and Solar Power Capacity to Expand Use of Clean Energy Sources

China to Increase Wind and Solar Power Capacity to Expand Use of Clean Energy Sources

China will accelerate the construction of large wind and photovoltaic power bases in deserts, while encouraging the development of distributed power...

Metinvest predicts a drop in steel production in Ukraine to 6.5 million tons this year

Metinvest predicts a drop in steel production in Ukraine to 6.5 million tons this year

In the event of a protracted war, Ukrainian steel production will drop to 6.5 million tons this year, and if Ukraine wins the war with Russia, this...

DMZ helped IDPs from Donbass with temporary housing

DMZ helped IDPs from Donbass with temporary housing

It is planned to re-equip the entire building of the medical unit at the Dnieper Metallurgical Plant into a temporary residence center for refugees....

Ex-Billionaire Executives Sued in Glencore Bribery Case

Ex-Billionaire Executives Sued in Glencore Bribery Case

U.S. Attorney General Merrick Garland Announces Pleading Guilty to Glencore of Bribery and Market Manipulation Schemes...

Glencore accused of bribery in London pleads guilty in the US

Glencore accused of bribery in London pleads guilty in the US

Glencore mining company settles bribery and market manipulation cases in UK and US...

Swiss oil and gas equipment manufacturer Sulzer leaves Russia

Swiss oil and gas equipment manufacturer Sulzer leaves Russia

About 300 people work at the Russian factories of the company. Sulzer manufactures pumps, machine tools and other industrial equipment for the oil,...

BIR: European Commission's decision on scrap metal will be the most tragic event in the last 40 years

BIR: European Commission's decision on scrap metal will be the most tragic event in the last 40 years

Export controls currently being proposed by the EU would mean less waste and less accessible technology in the region, according to BIR's...

Rejection of Russian palladium destroys markets

Rejection of Russian palladium destroys markets

Russia is the world's largest producer of palladium, accounting for about 40% of global supplies....

Volvo starts mass production of electric trucks made from decarbonized steel

Volvo starts mass production of electric trucks made from decarbonized steel

Volvo Trucks is the first company in the world to use fossil fuel-free steel in its trucks....

European steel prices are directly dependent on Russian gas prices - MetalMiner

European steel prices are directly dependent on Russian gas prices - MetalMiner

EU metallurgists continue to rely on natural gas as the currently uncontested fuel for pig iron production in blast furnaces, as well as for steel...

IMF: The world economy has fallen back to the state of the Second World War

IMF: The world economy has fallen back to the state of the Second World War

Analysts from the International Monetary Fund said that at the moment all the conditions are in place for a “perfect storm” in the global economy, as...

Dneprospetsstal restarted stainless steel production in Zaporozhye

Dneprospetsstal restarted stainless steel production in Zaporozhye

Dneprospetsstal is gradually launching production, and stable volumes of stainless steel supplies to Ukrainian consumers are expected in the near...

India raises export duty on iron ore and iron and steel products

India raises export duty on iron ore and iron and steel products

The Government of India has taken measures to support domestic steel production by limiting the export of metallurgical raw materials and removing...

Electricity from waste: Naftogaz and Clear Energy launched a biogas power plant in the Lviv region

Electricity from waste: Naftogaz and Clear Energy launched a biogas power plant in the Lviv region

Degassing technology at landfills not only reduces methane emissions, but also reduces emissions of volatile organic compounds (VOCs) and other air...

In January-April, car exports from China grew by almost 40%

In January-April, car exports from China grew by almost 40%

Four-month growth comes as auto sales in China fell 47.6% year-on-year in April this year due to the impact of the COVID-19 epidemic....

China spent more than $6 billion on Russian energy imports in April

China spent more than $6 billion on Russian energy imports in April

Purchases of coking coal for the steel industry rose for the third month to 1.71 million tons, more than double the level of last year...

Lithium mining in Chile's Atacama sparks controversy over flamingo habitat

Lithium mining in Chile's Atacama sparks controversy over flamingo habitat

Flamingo numbers are declining, and a new study links this to water being extracted by mining companies for lithium-infused brine...

Europeans have sharply reduced the purchase of new cars

Europeans have sharply reduced the purchase of new cars

In April, the registration of new passenger cars in the EU decreased by 26.6% to 684,506 units....

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