Russian metallurgists reacted to the start of the "second stage of mobilization" as expected, raising prices for armored steel by 7-14...
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Russian manufacturers accused of inflating prices for armored steel after the announcement of mobilization
Ferrous metallurgy enterprises stop in Ukraine due to problems with electricity
Electricity is the main component of the cost of ferroalloy enterprises, whose leaders announced the suspension of capacities for an indefinite...
The largest steel company in Ukraine stopped to save electricity
On Monday evening, the Ukrainian authorities called on businesses and citizens of the country to limit energy consumption in connection with a...
Demand for electric vehicles continues to grow in Ukraine
In just nine months since the beginning of the year, 8.9 thousand units have passed their first registration in Ukraine. vehicles on battery power...
Chinese aluminum producers will benefit from the stoppage of trading in Russian metals on the LME - Platts
Thanks to production cuts and the plans of the London Metal Exchange, aluminum prices in China have risen steadily, inventories are rapidly...
Ferrexpo has suspended mining and production of iron ore in Ukraine
Ferexpo PLC shares fell 7.64% after the company said it was temporarily suspending production, Market Watch reported....
Australia to build world's largest pumped storage power plant
The project is part of a wider A$62 billion energy plan designed to meet the state government's goals of achieving 70% renewable energy production by...
Four Ukrainian coal mines suspended work after missile attack
The missile strike cut off power to four mines, initially trapping the miners underground and knocking out equipment and ventilation. Soon after, all...
Glencore faces flood of UK litigation over bribery allegations
Glencore has previously pleaded guilty to a range of charges ranging from bribery and corruption in South America and Africa to price manipulation in...
Amazon.com invests over €1 billion in European fleet of electric vans and trucks
A number of startups are looking to bring electric vans or trucks to market and are facing increasing competition from traditional manufacturers such...
US imposes new restrictions on high-tech exports to China
The US authorities on Friday imposed new restrictions on the supply of advanced chips and semiconductor manufacturing equipment to China to prevent...
Gazprombank stops operations in Switzerland
The Board of Directors of Gazprombank (Switzerland), part of the Gazprombank (GPB) Group, has decided to cease operations in the Swiss financial...
Tesla CEO Elon Musk Says Taiwan Should Become China's Special Administrative Zone
China views self-ruled Taiwan as a breakaway province that will eventually fall under Beijing's control. In September, Tesla set a new record for the...
Ukraine and the EU consider the production of biomethane as one of the ways to overcome gas dependence
Ukrainian entrepreneurs are already interested in the possibilities of launching the first capacities for the production of biomethane and the...
Skoda plans to suspend production in the Czech Republic due to a shortage of chips
The problem of the shortage of electronic components, which arose in the midst of logistical restrictions associated with the coronavirus pandemic,...
Ferrexpo's total iron ore pellet production declined by 68%
Sales of a Swiss mining company with assets in Ukraine totaled one million tonnes in Q3 2022, a 65% decrease year-on-year, reflecting logistical...
Russian steel production in 2022 may fall by 10% - government forecast
Russian metallurgists have been seriously affected by the sanctions, reducing their presence in the European market. The draft strategy for the...
Samsung warns of a 32% drop in profits due to falling demand for chips
Samsung's earnings fell as global prices for memory chips fell due to weakening demand for consumer electronics. Firms that buy memory chips, such as...
European Council bans imports of Russian semi-finished steel under new package of sanctions
Despite the resistance of metallurgical enterprises and traders, the EU included in the eighth package of anti-Russian sanctions a ban on the import...
British Steel owner asks government for financial support
Jingye Group, which bought the company out of bankruptcy just two years ago, said blast furnaces are not viable without huge cash injections...
The price of gold crossed the mark of 1700 dollars
Weak US data led to a significant change in sentiment in the markets of precious metals...
Tata Steel merger plan to secure long-term profits
Indian company TSL announces merger with six subsidiaries and one associate using a share swap instead of cash...
US hydrogen prices to drop to zero dollars per kg in 5 to 6 years: Platts
U.S. green hydrogen production costs will fall below $0/kg by the end of the decade, driven by the Biden administration's subsidies and soft lending...
The production of passenger cars in Russia decreased by 2.8 times in eight months
Most of the global automakers operating in Russia in the spring suspended deliveries of cars and components to the country, and also paused their...
Donetsk and Torez electrotechnical plants will start producing electrical substations from Chuvash parts
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Ukrainian coking plants reduced gross coke production by 55.2%
Currently, Yuzhkoks, Kametstal (former DKHZ), DMZ (Dneprokoks), Zaporizhkoks and coke production at ArcelorMittal Kryvyi Rih operate in the industry,...
China ramps up investment in transport to bolster economy
Since the beginning of this year, China has been actively expanding and upgrading its transport network to promote investment and stable economic...
The heads of mining companies named the main risks for business
Covid-19, the war in Ukraine and rising energy prices have escalated the situation in the industry to the limit...
EBRD downgrades Ukrainian economic growth forecast for 2023 from 25% to 8%
The downgrade is a sign of how much uncertainty going forward is affecting Ukraine's economic outlook, the bank adds....
