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Emirates Steel to start production of hot rolled steel coils

The intentions of the largest steel company in the emirates are aligned with the goals of Abu Dhabi Economic Vision 2030 to increase competitiveness...

The Enhanced Partnership Agreement between the EU and Armenia comes into force on March 1

The Comprehensive and Enhanced Partnership Agreement between the European Union and Armenia comes into force at the height of the political crisis in...

Germany's second largest private bank closes branches in 15 countries

Commerzbank, which received about 3 billion euros in net loss in 2020, announced for the first time in which countries its branches and branches...

Turkey is developing a hybrid rocket to fly to the moon for the 100th anniversary of the republic

Turkish Minister of Industry and Technology Mustafa Varank inspected the facilities of Delta V Space Technologies Inc....

China's manufacturing PMI fell to 50.6 points

Manufacturing activity in China grew at a slower pace in February than a month earlier, hitting its lowest level since May last year and falling...

University of Sheffield engineers announce breakthrough in high-strength steel production

A new breakthrough in steel production that could help reduce carbon emissions in the automotive industry, among other things, was made by engineers...

European officials urge World Bank to stop fossil fuel investment

In Exclusive material by Reuters, it is reported that the World Bank will no longer finance projects for the extraction and processing of oil, gas...

Higher Yields on US Bond Leads to Sharp Drop in Cryptocurrency Price

Bitcoin falls to its lowest level in almost a year - the price of gold also falls to its lowest level since March 2020....

In war-torn Syria, robotics courses for girls open

The Syrian Girls and Women Center has created hobby classes, including design courses and robotics training....

Fitch Affirms Ukraine's Rating At "B " With Stable Outlook

Fitch does not expect the Russian-Ukrainian conflict to be resolved or escalated to such an extent that it would jeopardize overall macroeconomic...

Georgia's economy shrinks by 11.5% in January

Georgian Dream won the parliamentary elections in October last year, but the opposition said that the vote was rigged and accompanied by violations....

Ukraine retained its position in the world ranking of steel producers and rose in cast iron

At the end of January 2021, Ukraine is ranked 10th among 38 countries-producers of iron and 12th position among 62 countries-producers of steel....

ArcelorMittal has raised prices for galvanizing for the European market to 900 euros per ton

The largest producer of steel in the EU did not increase prices for hot rolled steel, probably fearing an influx of imports from Russia and India....

The European Commission initiated a new investigation on steel imports to extend quotas

The European Commission launched a new investigation today to decide whether to extend safeguards on steel imports....

A rally of workers of the stopped shipyard was held in Mariupol

In connection with the blocking of berths, the Azov shipyard announced a possible bankruptcy. About 600 employees of the company were threatened...

State Energy Efficiency together with UNECE and stakeholders discussed the possibilities of production and use of hydrogen in Ukraine

Germany, Italy, USA, Canada and other countries are trying to innovate in the production, transportation and use of hydrogen and get all the...

Corum Group presented the company's development strategy until 2030

The new strategy will focus on mines producing coking coal, iron ore, non-ferrous metals and potash....

A plot with copper deposits in the Volyn region of Ukraine has risen in price at auction 483 times

E-auctions for the sale of special permits for the use of subsoil were held. Among the proposals were areas with deposits of groundwater, liparite,...

ArcelorMittal is preparing to announce another price increase in the next few days

While the extent of the increase is not yet clear, most expect the official HRC price to rise by € 30 /t to reach € 780 /t. The hot-dip galvanized...

Indonesian gold mine collapse kills 3 people, 5 missing

Illegal or informal mining operations are common in Indonesia, providing a meager livelihood for those working in environments with a high risk of...

MMK them. Ilyich purchased electricity from Energoatom for 26 million hryvnia

The Mariupol Metallurgical Plant purchased the volume of atomic electricity with a capacity of 25 MW for 26 million hryvnia....

Metinvest invested UAH 2.6 billion in environmental projects of Ingulets GOK

Thanks to investments, it was possible to reduce air emissions by 5.8%...

China sets new record for daily steel production during February weekend

This year, the Lunar New Year holiday in China was celebrated on February 12th. The official weekend in the country was announced from 11 to 17...

A program to develop a heavy shock-reconnaissance drone has started in Ukraine

The Antonov State Enterprise discussed the possibility of creating a domestic heavy strategic strike-reconnaissance unmanned aircraft complex....

South African authorities recognize mineral resource management as a constraint

The system has accumulated 5,326 applications for permits and rights for exploration and production of minerals, concessions and renewals, which...

PolyMet wins Minnesota court ruling on $ 1 billion mine

PolyMet is the mining company that owns 100% of the NorthMet project, the first large-scale project permitted in the Duluth complex in northeastern...

Ukrzaliznytsia plans to renovate more than 500 level crossings in 2021

In total, this year the company intends to triple capital investments in the repair, modernization and construction of infrastructure....

Chip shortage plunges Japanese car production by 10%

A global supply shortage of Taiwanese chips has affected the Japanese automotive industry....

Ministry of Commerce: China intends to strengthen trade and economic ties with the United States

RMB-denominated bilateral trade between the United States and China grew by 8.8% in 2020....

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