Deputy Mayor Sergei Orlov said that negotiations with Turkish businessmen had been going on for two years....
News
Yuzhmash received 210 million hryvnia of state support to pay off wage arrears
President of Ukraine Volodymyr Zelenskyy assures that the issue of debts of the production association (PO) "Makarov Southern Machine-Building...
Ukraine is the ninth country in the world for the production of pig iron
According to the results of work in January - July 2020, Ukraine is ranked 9th in the ranking of world pig iron producers and 13th in the TOP steel...
European metallurgists raise prices for flat steel products
European hot rolled sheet prices are supported by raw material prices and uncompetitive imports....
Ukrainian gas transmission system tested for hydrogen pumping capacity
Tests of the GTS for readiness to transport hydrogen and its mixtures with natural gas have already taken place at four sites in Ivano-Frankivsk,...
15 European countries will receive more than 80 billion euros of state support from the EU Council
The European Commission has offered to provide more than 80 billion euros in aid to the EU member states affected by the coronavirus....
Belarusian Metallurgical Plant expects hardware production to grow by 150%
In August, consumers of steel cord and bead bronze wire, along with contract volumes, placed at BMZ additional orders for these products in the...
Yuzhmash has successfully tested the upper stage of the Cyclone-4 launch vehicle
Design Bureau "Yuzhnoye" together with SE "PO Yuzhmash" have successfully carried out final development tests of the...
The largest metal company in Austria announced the recovery of demand to "normal" level
Voestalpine is relaunching a small blast furnace in Linz as steel demand recovers, which collapsed following quarantine restrictions....
China's largest steel producer to become even larger and number one in the world in terms of production
China Baowu Steel Group will take over China's largest stainless steel producer TISCO as part of the PRC government's capacity...
The number of deals made in the regional scrap markets is growing
In the second week of August, prices for pig iron continued to rise in all regional markets. The positive trend became possible under the influence...
Ukrhydroenergo will take part in the implementation of an investment project for the construction of a hydrogen production plant
During the visit of the President of Ukraine Volodymyr Zelenskyy to Zaporozhye, a Memorandum of Cooperation in the construction of a hydrogen...
Ukraine re-introduced duties on LPG from Russia
In January-July, the share of Russian product in total imports, excluding sea shipments, amounted to 45%...
ArcelorMittal Kryvyi Rih transferred 50 million tons of metallurgical slag for the construction of Ukrainian roads
Mainly slags from ArcelorMittal end up on roads in Kharkiv, Donetsk, Dnepropetrovsk and Zaporozhye regions....
Poles bought first Boeing 737 Max after two deadly plane crashes
Boeing has received its first order for 737 Max aircraft since US regulators banned these aircraft after two fatal crashes....
AVTOVAZ will continue to work in a 5-day mode
The company continues to carefully analyze various market development forecasts until the end of the year and in 2021....
Iron ore prices hit six-year high due to supply shortages
The Global Iron Ore Price Index has hit more than a six-year high due to a lack of supply for mid-grade fines and a rapid recovery in demand in...
India plans to increase steel consumption at the expense of migrants
India's Metals Ministry has called on the state government to allocate land for the construction of new steel houses for incoming migrant...
Competition grows in Japanese steel market due to coronavirus
Nippon Steel cuts prices for I-beams, while Tokyo Steel has refused to raise prices for its products....
Mercedes-Benz may face sales ban in Germany
The reason for this decision may be the violation of Nokia's patents on mobile technologies by the German automaker....
US intelligence accused Oleg Deripaska of lobbying Russian interests in Ukraine
According to American intelligence services, Oleg Deripaska has collaborated with Paul Manafort since 2004. The US Senate Intelligence Committee has...
Azovstal optimized production of sheet steel grades S690Q and S690QL
The measures taken will allow the Mariupol Metallurgical Plant to save 1.73 million hryvnia per year....
Ukrainian consumers increased purchases of rolled metal by 10%
In January - July 2020, the capacity of the domestic market of Ukraine amounted to 2 million 539.4 thousand tons of rolled metal....
Belarusian steel plant resumes work after the strike of those who disagree with Lukashenko's election
Electric steel-making furnaces of the largest metallurgical plant in Belarus were stopped by protesters against Lukashenka at about noon on Monday,...
"Metinvest " in May increased revenue by 13.6% versus April, debt increased by $ 25 million
Metinvest's total revenue in May consisted of $ 631 million in the Metinvest division, $ 291 million in the mining division and $ 79 million in...
Metinvest's Kryvyi Rih GOKs will pay double taxes to the local budget until September 2020
Additional monthly contributions to the city treasury of Kryvyi Rih help support the city's economy during a pandemic....
US Steel will not restart blast furnaces in Indiana until the end of this year
US Steel said it was encouraged by the recovery in the US auto industry and reported that demand from the construction sector exceeded all...
ThyssenKrupp closed the deal for the sale of the elevator business
Germany's largest steel producer has announced the completion of the € 17.2 billion sale of its elevator business to a consortium of Advent...
Minister for Strategic Industries of Ukraine inspected YUZHMASH workshops
On July 16, the Verkhovna Rada appointed Oleg Urusky as Vice Prime Minister - Minister for Strategic Industries....
