the New cuts are justified not so much by the drop in demand for cars, as the need to transition to electric vehicles....
News
The world's leading economies urged to strengthen the WTO Agreement on subsidies
EU, US and Japan agree on new ways of strengthening the global rules in relation to industrial subsidies....
Dneprovskiy metallurgical plant has reduced production of steel in 2019 almost 15%
September 2019 metallurgical plant in Kamensk worked one of the three blast furnaces - No. 1M, in November, was blown DP-9, at the end of December -...
Berlin is investing in rail infrastructure 86 billion euros
trade Unions believe that this will not be enough even to maintain the existing network of the German Railways in the normal state....
Germany will pay 6 billion euros with the Dutch shipyard for the construction of warships
the Largest steel producer and submarines in Germany, ThyssenKrupp has not received one of the largest military contracts in history of Germany....
Pipes to dig up, no one will – the operator of Ukraine's GTS on the reduction of gas transit
Ukraine plans to rebuild its transportation system under the transit capacity of 40 billion cubic meters of existing in more than 130 billion cubic...
The Belarusian authorities appealed to Ukraine for cheap oil
Belarus conducts an active search for replacement of Russian oil in Ukraine, Poland, Kazakhstan and other countries, said the government of Belarus....
Renault and Nissan said that the Alliance is not going to collapse
earlier this week the securities Renault fell to a six-year low, while shares of Nissan fell to the level at which there were eight and a half years...
Siemens refused to comply with the requirements of Greta Thunberg
the Environmental activists said that will force the German company to choose the "right side of history" and cease to fulfil their...
Coal mines in the United States can remain without work
American coal plants, quickly closed, despite the promise of trump on the support of the industry....
Opens in Tehran second Iranian national festival
Minister of industry and trade of Iran said that the country will continue to increase steelmaking capacity in accordance with the original plan...
Russia failed to agree with Belarus on oil transit
the negotiations on the tariffs for transit of Russian oil through Belarus will continue in the near future, reported the Ministry of Antimonopoly...
More than 400 000 jobs will be lost in Germany after the transition to electric vehicles
the Largest automakers of Germany are forced to manufacture cars that run on electricity falling under the pressure of the European Union, fighting...
Ferrexpo reduced its debt in 2019 at $ 58 million
Ferrexpo's Net debt as at 31 December 2019 amounted to approximately 282 million U.S. dollars...
PJSC "Dnieper metallurgical plant" fulfilled the monthly production program axles for 10 days
From 3 to 13 January at PJSC "DMK" released 3246 tons car axles, 579 tons of "canadian" axes and 196 tons of locomotive axes....
Thyssenkrupp expects the Chinese to sell their industrial assets
the Largest steel producer in Germany is gearing up for the sale of the divisions Industrial Solutions and Elevator Technology....
China launched the world's first superfast passenger train
the New Chinese locomotive is able to reach a maximum speed of 350 km/h making it the fastest Autonomous train in the world....
Saudi Aramco has sold an additional 450 million shares citing high demand
In 2019 Saudi Aramco for the first time revealed details about their income. The world's largest oil company earned a net profit of 46.9 billion...
Metallurgists of Ukraine require the government to withdraw the draft law "On labour"
the Draft legislation "On labor" violate the fundamental right to bypass international standards, said the trade Union organizations in...
Iran increased its steel exports in December at 91%
For the first nine months of the current Iranian calendar year (March 21, 2019) from Iran exported over 5.2 million tons of steel....
The loss of metallurgical industry of Ukraine in 2019 amounted to $ 27.8 billion
this was stated by the Minister of economic development and agriculture of Ukraine Tymofiy mylovanov, with reference to calculations of the National...
The US imposed a life full provision for 100,000 the American the miners
the Bill provides for comprehensive medical care and accommodation at the expense of the us budget, as well as a number of privileges and preferences....
Belarus has imposed an environmental tax on the transit of Russian oil
Before that, Minsk has repeatedly raised the issue of the need to increase the cost of Russian oil transit, explaining that the poor state of...
Interpipe repaid part of the bonds in the amount of 98.5 million dollars
Interpipe Holdings Plc announces partial redemption of the bonds issued late last year as part of debt restructuring of Interpipe in front of the...
USA slapped sanctions on steel industry of Iran
Iran seeks to become the seventh largest steel producer in the world by 2025, with plans to reach a total annual output of steel production to 55...
ArcelorMittal Kryvyi Rih does not understand why not put duties on steel from Belarus
the Ukrainian division of the largest steel companies in the world considers it necessary to reconsider the duties on import of steel from Belarus,...
Future Nissan is a big question, says Carlos Ghosn
In 2019, the Nissan's profits fell by 70%, followed by mass layoffs at its factories around the world....
Tesla will spend a million dollars to the hackers
the one who hacked the onboard computer Tesla Model 3 will be paid half a million US dollars, moreover there is bonuses for more "minor"...
The Minister of energy and the environmental protection of Ukraine Alexey Orzel went to the Emirates
According to the press service of the Minister, he participated in the tenth session of the Assembly of the International Agency on renewable energy...
Energomashspetsstal produced the details for the Turkish nuclear power plant Akkuyu
Energomashspetsstal in Kramatorsk Donetsk region of Ukraine has successfully passed the acceptance of products for the second power unit of NPP...