UN Secretary General convenes emergency summit to stave off global debt crisis

UN Secretary General convenes emergency summit to stave off global debt crisis

The world's poorest countries face default, which, in turn, could lead to a new round of the global crisis....

US to channel over $ 100 billion towards offshore wind power development

US to channel over $ 100 billion towards offshore wind power development

Clean Energy Solutions Like Offshore Wind Will Help Fight Climate Emergency And Create High-Paying High-Talent Jobs in America - US Secretary of...

ArcelorMittal Kryvyi Rih changed its net loss in 2019 to UAH 740 million in net profit in 2020

ArcelorMittal Kryvyi Rih changed its net loss in 2019 to UAH 740 million in net profit in 2020

The largest mining and metallurgical plant in Ukraine plans to allocate almost UAH 10 billion to pay dividends for 2020....

"ArcelorMittal Kryvyi Rih" objects to the requirements of the State Environmental Inspection and is ready to join the trial

"ArcelorMittal Kryvyi Rih" objects to the requirements of the State Environmental Inspection and is ready to join the trial

The State Ecological Inspectorate (SEI) in a judicial proceeding demands to stop work on the construction of the Kryvyi Rih Mining and Metallurgical...

Chip shortage for auto industry will rise sharply due to fire at factory in Japan

Chip shortage for auto industry will rise sharply due to fire at factory in Japan

Low blow to auto industry: A fire at Renesas chip factory will create shipping problems for months....

European space project will provide Ukrainian Yuzhmash with work for the coming years

European space project will provide Ukrainian Yuzhmash with work for the coming years

Arianespace has signed a contract for the provision of services for the launch on Ukrainian carriers of the next nine Copernicus satellites within...

Suez Canal Crisis Completely Resolved by the Efforts of the Egyptians - Abdel Fattah al-Sisi

Suez Canal Crisis Completely Resolved by the Efforts of the Egyptians - Abdel Fattah al-Sisi

It was possible to remove the vessel from the shallows after the rescue teams recovered 27 thousand cubic meters. m of sand in which the container...

The State Service of Geology and Subsoil of Ukraine commented on the sanctions against subsoil users

The State Service of Geology and Subsoil of Ukraine commented on the sanctions against subsoil users

President of Ukraine Volodymyr Zelenskyy approved by decree the corresponding decision of the National Security and Defense Council of Ukraine,...

Ukraine will produce 5.5 billion cubic meters of "green" hydrogen by 2035 - State Energy Efficiency

Ukraine will produce 5.5 billion cubic meters of "green" hydrogen by 2035 - State Energy Efficiency

To achieve this goal, Ukraine will need to develop legislation and standards for the production, transportation, storage and use of hydrogen,...

Scrap collectors of Ukraine actively protest against the extension of the duty on the export of scrap metal

Scrap collectors of Ukraine actively protest against the extension of the duty on the export of scrap metal

The Draft Law of Ukraine "On Amendments to Certain Laws of Ukraine Regarding Reducing the Deficit of Ferrous Scrap on the Domestic Market"...

China to build the world's most powerful hydroelectric power plant

China to build the world's most powerful hydroelectric power plant

The hydroelectric power station on the Yarlung Tsangpo River will be three times more powerful than the current Three Gorges station and will...

UK denies financial aid to Liberty Steel

UK denies financial aid to Liberty Steel

Government officials fear that £ 170 million requested by Sanjeev Gupta will go towards paying off debts in other countries and have hinted that the...

The European Commission prepares to recognize nuclear energy as "green"

The European Commission prepares to recognize nuclear energy as "green"

In addition, Europe can recognize natural gas as an environmentally friendly fuel....

Two ships flying the Polish flag may be subject to sanctions against Nord Stream - 2

Two ships flying the Polish flag may be subject to sanctions against Nord Stream - 2

In this regard, Poland canceled the registration of support vessels Krebs Geo and Krebs Jet, as “infringing on the economic interests of the Polish...

Dutch company Boskalis plans to float a vessel in the Suez Canal on Monday

Dutch company Boskalis plans to float a vessel in the Suez Canal on Monday

Royal Boskalis Westminster N.V. is a Dutch dredging and heavy lift company that provides marine infrastructure construction and maintenance services...

German metallurgists will receive a lump sum of 500 euros

German metallurgists will receive a lump sum of 500 euros

IG Metall planned to get the owners of the metal business in Germany to raise wages by 4%, but agreed on lump sum payments....

Metinvest to raise wages for workers in Ukraine from May 1

Metinvest to raise wages for workers in Ukraine from May 1

The salary increase will not yet affect the administrative and management personnel of the management company....

Liberty Steel requests £ 170m emergency aid from UK government

Liberty Steel requests £ 170m emergency aid from UK government

Sanjeev Gupta told Whitehall that he needed £ 170 million from British taxpayers to keep from declaring bankrupt....

Oleg Gladkovsky's Bogdan Motors declares UAH 3.4 billion in losses for 2020

Oleg Gladkovsky's Bogdan Motors declares UAH 3.4 billion in losses for 2020

In December 2020, the Economic Court of the Dnipropetrovsk region filed a bankruptcy case for JSC AK Bogdan Motors....

Metinvest repaid USD 150 mln ahead of schedule in pre-export financing

Metinvest repaid USD 150 mln ahead of schedule in pre-export financing

In 2020, the company managed to improve the efficiency of consumption of raw materials and energy resources, increase the productivity of equipment,...

Converter # 1 started working at Azovstal after major overhaul

Converter # 1 started working at Azovstal after major overhaul

Since the beginning of March, the enterprise has carried out repairs of three blast furnaces and one converter. The total costs amounted to more...

The President of Ukraine enacted the NSDC decision on the state of affairs in the field of subsoil use

The President of Ukraine enacted the NSDC decision on the state of affairs in the field of subsoil use

The document provides for the adoption of measures to conduct unscheduled inspections of subsoil use objects and identify illegal production, as...

British car production plummets to 10-year low in February

British car production plummets to 10-year low in February

Chip shortages, pandemic lockdowns, regulatory problems due to Brexit have reduced monthly car production in the UK to almost 100,000 units....

State Environmental Inspection in Court Demands to Stop Construction of New Tailings Dump at ArcelorMittal Kryvyi Rih

State Environmental Inspection in Court Demands to Stop Construction of New Tailings Dump at ArcelorMittal Kryvyi Rih

The construction of a tailing dump for storing tailings is necessary "in connection with the achievement of the boundaries of the economic...

Lockdown of the Suez Canal will last until at least April 1: it could drive up steel prices

Lockdown of the Suez Canal will last until at least April 1: it could drive up steel prices

A giant container ship, nearly the size of New York's Empire State Building, stuck in a sandstorm in the Suez Canal in Egypt, causing a...

German coal-fired power plant operators plan to switch to biofuels

German coal-fired power plant operators plan to switch to biofuels

Refusal from coal in Europe is a settled matter, and thermal power plants are gradually being removed from the grid. But with biomass, they can get...

Rolls-Royce buys metal products from Liberty Steel on a prepaid basis and with a large stock

Rolls-Royce buys metal products from Liberty Steel on a prepaid basis and with a large stock

The aircraft engine manufacturer fears being left without steel components in the event of an unexpected turnaround at Liberty Steel's UK plants....

South Korea has come up with a technology that allows you to extract hydrogen from ammonia without emissions

South Korea has come up with a technology that allows you to extract hydrogen from ammonia without emissions

South Korea's largest steel company is improving technology and business partnerships to ensure green hydrogen potential....

Converter was repaired at the metallurgical plant of Alexander Yaroslavsky in Dnipro

Converter was repaired at the metallurgical plant of Alexander Yaroslavsky in Dnipro

For the lining of the converter, we used Polish brick, which is 10% higher than its Ukrainian counterparts in terms of performance....

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