China merges rare earth companies into a mega-firm to strengthen global dominance in manufacturing

China merges rare earth companies into a mega-firm to strengthen global dominance in manufacturing

Beijing has announced a reorganization of the rare earths sector, which means the creation of another state-owned giant...

Rolls-Royce Receives £ 400 Million for Mini Nuclear Reactor Project

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....

Russia from January 1 may ban the export of precious metal scrap

Russia from January 1 may ban the export of precious metal scrap

The draft decree of the government of the Russian Federation plans to ban the export of metals, which are essential for the domestic market of the...

Musk's Twitter posts cost Tesla shareholders nearly $ 61 billion

Musk's Twitter posts cost Tesla shareholders nearly $ 61 billion

Tesla shares plummet five percent after half an hour of trading...

Coal supply in China is increasing, coal prices are decreasing

Coal supply in China is increasing, coal prices are decreasing

In addition to its own production, China almost doubled its coal imports to 26.9 million tons in October, which is 96.2% more than a year ago....

2021 is an unexpectedly good year for steel producers

2021 is an unexpectedly good year for steel producers

Any changes in Chinese metallurgy had a loud response in the world market...

Will Elon Musk sell 10% of Tesla shares?

Will Elon Musk sell 10% of Tesla shares?

Elon Musk leaves nothing to chance, especially when it comes to Tesla shares...

In Ukraine, the production of cars has practically stopped

In Ukraine, the production of cars has practically stopped

In October, Ukrainian factories assembled 292 new cars, which is 68% less than in September and three times less than in October last year....

6 miners killed in accident at ArcelorMittal coal mine in Kazakhstan

6 miners killed in accident at ArcelorMittal coal mine in Kazakhstan

On behalf of the Prime Minister of Kazakhstan Askar Mamin, a commission headed by Minister of Emergency Situations Yuri Ilyin left for the scene....

Ukrainian scrap lobby shocked by plans to increase scrap export duties to 200 euros

Ukrainian scrap lobby shocked by plans to increase scrap export duties to 200 euros

The country's metallurgical lobby has achieved that the Ministry of Economy of Ukraine has developed a bill to increase the duty on the export...

Gold Price Rises Due to Confident Tone of Central Banks

Gold Price Rises Due to Confident Tone of Central Banks

The actions of the world's central banks contributed to the growth of gold...

Boeing Receives FCC Approval For Satellite Launch

Boeing Receives FCC Approval For Satellite Launch

The FCC also rejected SpaceX's claim that Boeing's new satellites would interfere with its Starlink project....

General Motors to invest $ 46 million in Ohio Metal Center

General Motors to invest $ 46 million in Ohio Metal Center

The modernization of the plant will start immediately and will be completed by the spring of 2024....

Volkswagen says Tesla plant will jeopardize jobs in Germany

Volkswagen says Tesla plant will jeopardize jobs in Germany

Elon Musk, who is currently awaiting the opening of the first European Tesla Gigafactory in Grünheide, near Berlin, attended the Volkswagen top...

US begins negotiations on steel and aluminum tariffs with Japan

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....

Earth's rotation changes speed: is it worth worrying?

Earth's rotation changes speed: is it worth worrying?

Our planet is spinning faster and faster...

Ukrainian metallurgists reminded Volodymyr Zelensky of American duties on steel

Ukrainian metallurgists reminded Volodymyr Zelensky of American duties on steel

The metallurgical lobby of Ukraine called on President Volodymyr Zelenskyy to protect the interests of domestic industry in foreign markets,...

Production of flat-rolled steel at Metinvest's plants grew by a quarter in three quarters

Production of flat-rolled steel at Metinvest's plants grew by a quarter in three quarters

Production of liquid steel at Metinvest plants increased by 13% compared to January-September 2020 - up to 6.93 million tons...

Dnipro Metallurgical Plant has reduced steel production by half from last year

Dnipro Metallurgical Plant has reduced steel production by half from last year

Steel production at DMZ in October decreased by 46.5% year-on-year due to major repairs of metallurgical equipment....

Honda unveils brand new rocket engine

Honda unveils brand new rocket engine

Honda successfully tests a prototype reusable rocket engine...

In Russia, export duties on the export of scrap metal may be increased to 100 euros per ton

In Russia, export duties on the export of scrap metal may be increased to 100 euros per ton

Scrap metal procurers are categorically against the next increase in duties, reasonably considering the price of scrap for the domestic market of...

A new rolling mill for the production of wire from titanium alloys was built in Kramatorsk

A new rolling mill for the production of wire from titanium alloys was built in Kramatorsk

The new mill provides rolling of a fairly wide range of steels and alloys, which, due to the peculiarities of the technical process, usually do not...

Complying with the Paris Agreement, Ukraine will continue to reduce greenhouse gas emissions

Complying with the Paris Agreement, Ukraine will continue to reduce greenhouse gas emissions

Ukraine intends to reduce greenhouse gas emissions by 65 percent by 2030. The country's obligations in this area were confirmed by the...

Eristovsky GOK Konstantin Zhivago was fined $ 30 million for self-seizure of about 160 hectares of land

Eristovsky GOK Konstantin Zhivago was fined $ 30 million for self-seizure of about 160 hectares of land

On these lands, the mining enterprise stored industrial waste, which, according to the State Environmental Inspection of Ukraine, contains the most...

Analysts expect a rise in the price of scrap in the Turkish market

Analysts expect a rise in the price of scrap in the Turkish market

In the near future, export prices for scrap metal will increase due to the replenishment of stocks by the largest buyers and the creation of...

Steel and iron ore market collapsed in China

Steel and iron ore market collapsed in China

Chinese steel and iron ore prices are falling due to negative factors affecting futures and physical markets. Given that China is the largest player...

Chemical plants of Dmitry Firtash increased the production of medical oxygen by 15 times

Chemical plants of Dmitry Firtash increased the production of medical oxygen by 15 times

All manufactured medical oxygen, by the decision of the shareholder Group DF, is supplied to medical institutions free of charge. Chemists work with...

The war on climate change is fought from space

The war on climate change is fought from space

Satellites will be used to continuously measure the amount of methane and carbon dioxide emitted by factories and power plants...

US Steel Announces Record Q3 Results

US Steel Announces Record Q3 Results

Sales for the quarter more than doubled to $ 5.96 billion from $ 2.34 billion a year earlier...

"New Hidden World" Discovered in Earth's Inner Core

"New Hidden World" Discovered in Earth's Inner Core

The inner core of the Earth is composed mainly of iron and affects its magnetic field...

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