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UK Raises Tax Rates for Large Businesses to 25%

Companies with revenues of more than £ 250,000 a year or more will be taxed at 25% from 2023....

Entrepreneurs agree with Ukrzaliznytsya an action plan to continue modernization

The Ukrainian Union of Industrialists and Entrepreneurs insists on the adoption for at least 5 years of the State Rolling Stock Renewal Program,...

Scrap metal collection in Ukraine increased by one and a half times due to high prices

Scrap metal is a strategic and scarce raw material, without which steel production is impossible. In converter technology, the share of scrap is up...

ArcelorMittal Kryvyi Rih will pay additional remuneration to its workers

On March 2, a meeting of the trade union committee of the enterprise was held with the participation of top managers at which the issue of...

The government of Ukraine approved the National Economic Strategy until 2030

The Cabinet of Ministers of Ukraine approved the National Economic Strategy until 2030. The corresponding decision was made at a government meeting...

The Association of the Extractive Industries of Ukraine declared injustice in the bill

Subsoil users may incur additional financial costs that could be used to modernize equipment or fulfill the terms of the European "Green...

Bogdan Motors started construction of buses for Antonov State Enterprise

The automobile assembly plant of the corporation of Oleg Gladkovsky has started to fulfill the order from the aircraft building enterprise....

At the Kherson shipyard, the dry cargo ship was lengthened by 25 meters, increasing the volume of the hold by 64%

The weight of the insert together with hatch covers was 393 tons....

British unions fear thousands of jobs to be lost due to Sanjiv Gupta's financial woes

Recent concerns about future difficulties in refinancing Greensill's liabilities and Sunjawa Gupta's business are of serious concern to...

Australia's pipeline operators start adding hydrogen to natural gas

Pipeline operators in eastern Australia are working on projects to add hydrogen to their gas pipeline systems as part of a long-term effort to...

The United States expands the list of organizations associated with the development of Russian chemical weapons

The US Department of Commerce has imposed sanctions against 14 organizations located in Russia, Germany and Switzerland in connection with the...

Canada's economy plunges record 5.4% in 2020

Canada's economy shrank almost twice as much as the United States during the COVID-19 pandemic, despite the fact that the United States...

UN Secretary General has called coal mines a past, from which it is time to abandon

The head of the UN believes that the time has come to more decisively abandon coal as a source of electricity....

Metallurgical enterprises of Ukraine increased earnings from the export of ferrous metals by 8%

In the first two months of 2021, Ukrainian metallurgists sold metal products worth $ 1.5 billion for export....

Trade union committee "Azovstal" received an answer to the question about the increase in tariffs for gas and electricity

On January 12, 2021, the trade union committee sent a letter to the Prime Minister of Ukraine demanding to clarify the reasons for the rise in...

Greenhouse gas emissions returned and exceeded levels prior to the pandemic - IEA

The carbon pollution of the planet's atmosphere is on the rise again, raising concerns among experts that the goals of the Paris Climate...

World stainless steel production fell for the first time in 5 years

Stainless steel production declined in all countries of the world except China and Indonesia, which were able to increase production despite the...

LADA increased sales of new cars in February by 13.1%

The company notes a stable demand for cars of the LADA Largus family....

Ukrzaliznytsia announced a tender for the purchase of 100 new passenger cars in 2021

According to Ukrzaliznytsia, the number of cars purchased based on the results of the tender will depend on the total amount of budget funding....

In honor of March 8, women of Energomashspetsstal will receive sweet gifts and additional payments

One of the most beautiful and beloved spring holidays is approaching - International Women's Day. Every year, millions of representatives of...

Shanghai enters into force new rules to promote the use of cars on new energy sources

Shanghai aims to become a global hub for new energy vehicles....

Britain denies loan guarantees for metallurgical holding GFG Alliance

British investment fund Greensill has lost its government guarantee on loans to steel tycoon Sanjeev Gupta....

Spread between raw materials and high strength alloy steel in Europe increased in price

Hot rolled coil spot prices in Europe rose to an average of € 723.85 per tonne in February. Scrap prices are falling, while coking coal prices...

Metinvest will not announce plans to achieve carbon neutrality yet

Yuri Ryzhenkov, CEO of global steel group Metinvest, believes that the European Green Agreement is definitely a positive initiative, but at the same...

The largest Texas energy company files for bankruptcy

Severe frosts caused numerous failures in the state's power supply system....

Rinat Akhmetov's energy holding began construction of the first stage of the Tiligul wind farm

Innovative Vestas turbines will be installed at the new wind farm, which are suitable for low and medium wind speeds, which is ideal for wind power...

Australian schoolchildren file class action lawsuit in Melbourne court against coal company

According to teenagers, plans to expand coal production in New South Wales threaten their future, as they will contribute to climate change....

Ferrexpo has appointed a new member of the Board of Directors

The company intends to leverage Ms Ann-Christine's experience in implementing a culture of safety, automation and digital transformation....

Alisher Usmanov's USM Group will invest 40 billion rubles in a new HBI plant

The plant with a capacity of 2 million tons per year will be located in Zheleznogorsk, where the Mikhailovsky GOK of Metalloinvest, part of the USM...

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