This time, both the previously tested mechanisms of accelerated retirement and voluntary dismissal, and innovative mechanisms for reducing the number...
News
Vadym Novynsky became the sixth Ukrainian billionaire on the Forbes list thanks to the rise in steel prices
Forbes has updated the rating of dollar billionaires of Ukraine, which includes the co-owner of Rinat Akhmetov in the Dutch mining and metallurgical...
EU aims to become the second largest battery manufacturer after China by 2025
The European Battery Alliance has ambitious goals. Berlin, Paris and Brussels want to bite off significant battery market shares from Asia and the...
DCH of Alexander Yaroslavsky warned of impending bankruptcy of Motor Sich PJSC
After nationalization, Motor Sich PJSC will de facto go bankrupt and leave both the national and international aircraft manufacturing markets,...
Mining companies concluded record number of M&A deals at the end of 2020
Rising raw material prices in the second half of 2020 have pushed the world's largest mining companies to take over smaller competitors....
Metallurgical enterprises of Ukraine have reached the dock-like levels of rolled metal production
Steel production in January-February decreased by only a percentage point, while the output of finished rolled metal products increased slightly....
Experts insist on the premature trading of scrap metal by Ukrzaliznytsia
Experts of the state enterprise Derzhzovnishinform note that auctions for the sale of scrap metal by the Ukrainian railway are held at prices almost...
Novokramatorsk Machine Building Plant expands the range of supplies of ball mills
The most popular among those shipped last year were ball mills with central discharge MShTs-5500x7500....
In February Energomashspetsstal shipped 940 tons of its products for export
Products with the Energomashspetsstal brand are well known in more than 50 countries around the world....
Ukrainian and German companies agreed to cooperate in the field of "green" hydrogen
In addition to issues of production, storage and transportation of "green" hydrogen, the companies agreed to cooperate in the production...
Repairs of blast furnace air heaters are being completed at Dneprovsk Iron and Steel Works
The principle of operation of air heaters is based on the heating of the packing by burning a mixture of blast furnace and natural gases in the...
Six people were killed in an explosion at a coal mine in southwestern Pakistan
At least 8 people were at least 300 meters underground during the explosion, officials said....
US flat-rolled product yields are approaching historic highs
US steel flat rolled steel price margins remained close to historically high levels despite a $ 70 /t increase in scrap prices....
Economists expect German GDP to grow 3.7 percent in 2021
Germany's GDP will grow by 3.7 percent, partly offsetting the nearly 5 percent drop in 2020, analysts at the IWH predict....
Fire at ArcelorMittal coal mine in Kazakhstan: 348 people evacuated
On February 19, a commission inspection report was drawn up, which indicates numerous violations at the Saranskaya mine of the Department of...
ArcelorMittal stops supplying rolled products to Liberty Steel galvanizing line in Europe
Prices for galvanizing in Europe after this event may soar above 1000 euros per ton, if there are no import offers....
Thyssenkrupp Steel buys two new hydrogen furnaces
Walking beam furnaces will be installed in Duisburg to heat the steel plates for rolling....
The Salzgitter smelter in Lower Saxony starts smelting steel with hydrogen
Natural gas will play the role of a critical transition fuel to increase the input of initially small volumes of hydrogen over time in the conversion...
A dry cargo ship with a Ukrainian crew crashed in the Black Sea: two crew members were killed
The sinking of the ship with a cargo of coal occurred 70 nautical miles, about 150 km off the coast of Romania....
Ukrmetallurgprom supported the leadership of Ukrzaliznytsia on the path of reforms
According to the association, last year, thanks to the efforts of Ukrzaliznytsia, Ukrainian enterprises of the mining and metallurgical complex were...
Dneprovsk Iron and Steel Works did not fulfill the production targets planned for February
The metallurgical plant in Kamenskoye has failed the targets for all types of products, including sinter and blast-furnace production....
In February 2021, inflation in Ukraine accelerated above the forecast level - NBU
Core inflation in February 2021 in annual comparison accelerated to 5.6% from 5% in January....
UK prime minister hit by Liberty Steel's financial woes
Boris Johnson may not be willing to invest British taxpayers' money in Sanjeev Gupta's empire, given its global reach and pile of debt,...
FAO: 60 percent of waste in Ukrainian landfills is food
The Food and Agriculture Organization (FAO) urges Ukrainians to take good care of food and not throw it away, so as not to overload the already vast...
Ukraine is able to provide itself with its own gas until 2025 - the head of the State Geological Agency
The Head of the State Service of Geology and Subsoil of Ukraine announced new hydrocarbon auctions and the launch of large-scale projects....
Interpipe delivered the first Ukrainian-assembled wheelsets to France
Wheelsets ULT-25 were developed by Interpipe engineers for European gauge and are in demand in many countries of the European Union....
Ukrzaliznytsia held 11 auctions for the sale of scrap metal worth half a billion hryvnia
Considering the unfavorable situation on the domestic market and high prices and further growth of prices for scrap in the export direction,...
US steel prices continue to rise due to supply shortages
The price increases are supported by steelmakers who are limiting production and increasing lead times....
World economy will grow by 5.6% this year - OECD forecast
The pandemic is exacerbating the gap between different economic actors and industries, increasing social inequality, and having a particularly strong...
