Nikopol Ferroalloy Plant will suspend part of production due to high electricity prices

Nikopol Ferroalloy Plant will suspend part of production due to high electricity prices

As a result of difficulties with the sale of ferroalloys and a twofold increase in electricity prices, 9% of the plant's employees will go idle...

UK to complete decarbonization of the energy sector by 2030 - Boris Johnson

UK to complete decarbonization of the energy sector by 2030 - Boris Johnson

Investments in renewable sources and nuclear energy will help achieve the ambitious goal....

Ukrainian analysts predicted world scrap prices in October

Ukrainian analysts predicted world scrap prices in October

According to analysts of Ukrpromvneshexpertiza, the situation on the global scrap metal market in October will be relatively stable with growing...

Coal prices in Europe hit new all-time high at over $ 230 per tonne

Coal prices in Europe hit new all-time high at over $ 230 per tonne

European consumers are forced to compete for free volumes of coal with buyers in Asia, where there is also a shortage of solid fuels, which, in...

Press Secretary of the President of the Russian Federation Confirmed Gazprom's Readiness for Direct Gas Supplies to Ukraine

Press Secretary of the President of the Russian Federation Confirmed Gazprom's Readiness for Direct Gas Supplies to Ukraine

The Kremlin promptly responded to the proposal of the co-chairman of the OLE faction, Yuriy Boyko, to return to direct supplies of Russian gas to...

Biden's administration reiterates Trump's thesis on the threat of steel imports to US national security

Biden's administration reiterates Trump's thesis on the threat of steel imports to US national security

In December of this year, the European Union's retaliatory tariffs against American goods, imposed by the EU after the start of duties on...

The mining industry of Ukraine said about the excessive expansion of the rights of controllers and ignorance by the state

The mining industry of Ukraine said about the excessive expansion of the rights of controllers and ignorance by the state

At an online meeting to finalize the draft of the new Code of Ukraine on Subsoil, the issues of excessive control and a ban on the further...

The operator of the Ukrainian gas transmission system denied reports on the resumption of transit to Hungary

The operator of the Ukrainian gas transmission system denied reports on the resumption of transit to Hungary

They also said that the virtual reverse of Russian gas to Ukraine, after stopping transit to Hungary, goes through Slovakia and Poland....

Cold rolled steel prices in Poland exceeded $ 2,500 per ton

Cold rolled steel prices in Poland exceeded $ 2,500 per ton

According to Iwona Dybal, President of the Polish Union of Steel Distributors, the effects of the pandemic, including inter alia production...

Ukrainian ferrous metallurgy enterprises raised wages in August by an average of 15%

Ukrainian ferrous metallurgy enterprises raised wages in August by an average of 15%

The rest of the country's mining and metallurgical complex, including those mining iron ore and metals, as well as pipe factories, have...

France demands to call nuclear energy "green", scaring the growing dependence on the Russian Federation

France demands to call nuclear energy "green", scaring the growing dependence on the Russian Federation

France opposed the phasing out of nuclear energy and against the deal between Germany and Russia on "Nord Stream 2". Fears are growing in...

Tesla sold record number of electric vehicles despite chip shortages

Tesla sold record number of electric vehicles despite chip shortages

Growth in sales of cars assembled by Tesla in the third quarter exceeded analysts' expectations, who nevertheless expect the chip shortage to...

Exchange prices for gas in Ukraine exceeded 1,400 dollars per thousand cubic meters

Exchange prices for gas in Ukraine exceeded 1,400 dollars per thousand cubic meters

Ukrainian metallurgical plants have not yet commented on the current situation, however, the fourfold rise in prices for natural gas cannot be...

The volume of procurement of scrap metal in Ukraine increased by one and a half times and exceeded 3 million tons

The volume of procurement of scrap metal in Ukraine increased by one and a half times and exceeded 3 million tons

All declared needs of Ukrainian metallurgists for scrap metal during January - September 2021 were fully met, exceeding the plan by 3.1%....

British Steel increased prices for rolled metal products, shifting the rise in energy prices to buyers

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....

Turkey boosts chances of smelting record 40 million tonnes of steel in 2021

Turkey boosts chances of smelting record 40 million tonnes of steel in 2021

In the near future, Turkey expects to maintain the 7th place in the list of the world's largest steel producers and will continue to improve its...

Ukrzaliznytsia will attract 100 billion hryvnia to renew the fleet of railway cars

Ukrzaliznytsia will attract 100 billion hryvnia to renew the fleet of railway cars

Ukrzaliznytsia has developed a program that will help remove old wagons from railway tracks and attract more than 100 billion hryvnia to the...

Nord Stream 2 certification will drag on until next spring

Nord Stream 2 certification will drag on until next spring

This was announced by Klaus-Dieter Mauchbach, head of Uniper, Germany's oldest importer of Russian gas, which has invested 950 million euros in...

China raises rare earth mining quotas by 20% to record high

China raises rare earth mining quotas by 20% to record high

While the border with Myanmar is closed, China will remain in deficit of rare earths - analyst....

For the first time, the exchange price of gas in Europe exceeded USD 1,200 per thousand cubic meters

For the first time, the exchange price of gas in Europe exceeded USD 1,200 per thousand cubic meters

Europe, in the context of a general shortage of gas supplies (via gas pipelines and in liquefied form), is forced to compete for LNG with the...

Scrap metal workers in Ukraine are preparing lawsuits against the government

Scrap metal workers in Ukraine are preparing lawsuits against the government

The reason for the indignation of enterprises for the collection and processing of secondary raw materials was the bill published for public...

Belarusian rolled metal products may appear in Mongolia at prices lower than Russian ones

Belarusian rolled metal products may appear in Mongolia at prices lower than Russian ones

The management of OJSC "BMZ" held negotiations with a representative delegation from Mongolia on the supply of metallurgical raw materials...

The Ukrainian government is preparing to ban the export of scrap metal - a bill has been prepared

The Ukrainian government is preparing to ban the export of scrap metal - a bill has been prepared

The draft resolution proposes to introduce a temporary (until December 31, 2022) ban on the export outside the customs territory of Ukraine in the...

Opel car factory in Eisenach closes before the end of the year due to a lack of microprocessors

Opel car factory in Eisenach closes before the end of the year due to a lack of microprocessors

The global shortage of microcircuits has hit the auto industry more painfully than other sectors of the economy. A number of German manufacturers...

Southern GOK "Metinvest" ordered 16 five-meter ball mills from Novokramatorsk machine-building plant

Southern GOK "Metinvest" ordered 16 five-meter ball mills from Novokramatorsk machine-building plant

Metinvest's mining and processing plant was able to increase the productivity of its factory by 10% with the help of new equipment....

In Europe, the stainless steel market unexpectedly "sank" - MEPS

In Europe, the stainless steel market unexpectedly "sank" - MEPS

Many stainless steel buyers in the European market have begun to question the wisdom of a pre-order at the current price level....

An industrial park will be created in Pokrovsk as part of the transformation of the economy of coal cities of Ukraine

An industrial park will be created in Pokrovsk as part of the transformation of the economy of coal cities of Ukraine

Deputies of the Pokrovsky City Council have allocated 15 hectares of city land for the construction of an industrial park, where they plan to create...

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