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Ukrainian consumers increased purchases of rolled metal products by 4.4% in 2020

For 12 months of 2020, there is an increase in the capacity of the domestic market of rolled metal products by 4.4% compared to January-December...

China's economic growth to exceed 7% in 2021 - Credit Suisse bank

In 2020, China's gross domestic product grew by 2.3%, according to data from the State Statistical Office of the PRC. This is the lowest growth...

Krasnokamsky RMZ in 2020 increased sales of agricultural machinery by 20%

One of the main reasons, along with preferential leasing, is the increase in the share of exports by 60%....

The Ministry of Economy of Ukraine presented a study of energy consumption for metal processing

The Ministry of Economics presents a study "How much energy is spent on metal processing for the manufacture of machines and mechanisms? "...

ArcelorMittal Kryvyi Rih reduced steel production in 2020 by 12.1%

ArcelorMittal Kryvyi Rih, the largest mining and metallurgical enterprise in Ukraine, announced production results for 2020....

Europe's aerospace industry will take years to recover from a pandemic - Fitch

Most of Europe's aerospace and defense companies were very active in the debt capital markets in 2020, maintaining their liquidity, with gross...

US virus deaths outnumbered World War II

On Wednesday, the Johns Hopkins University tracker showed that 405,400 people died from COVID-19 in the United States, more than the total number of...

Kherson shipyard for the first time in 10 years received orders from the European Union

Ukrainian shipbuilders have taken up the modernization of ships from Holland, within which they will be lengthened by 12 meters with an increase in...

The Ministry of Economy introduces an experiment on free training for the unemployed for the IT sector

After completing the training of the unemployed, the employer is obliged to employ the unemployed for at least a year with a fixed wage of at least...

ArcelorMittal Kryvyi Rih put into operation a new locomotive EffiShunter 1600

EffiShunter 1600 diesel locomotives are optimized for shunting and heavy work on industrial branches, in particular in the metallurgical and mining...

Energomashspetsstal updated the certificate of the manufacturer of blanks for the nuclear industry

The Nuclear Regulatory Agency of the Republic of Turkey has extended the certificate of Energomashspetsstal PJSC for the manufacture of blanks for...

Krivoy Rog iron ore plant bought a powerful loader for the Gvardeyskaya mine

Since the equipment at Gvardeiskaya is already outdated, the entire fleet of self-propelled vehicles is being updated....

Zaporizhstal in 2020 allocated more than 26 million hryvnia to protect employees from COVID-19

Metinvest was included in the TOP-50 best employers in Ukraine according to Forbes magazine. It is noted that a flexible HR-strategy helped...

Interpipe reduced sales of pipe and railway products in 2020

The share of INTERPIPE sales to export markets exceeded 80% at the end of the year....

Auto giants FAW and Audi launch joint EV project in China

The FAW-Audi joint venture sold 726,288 vehicles in mainland China last year...

Germany suspended construction permit for Nord Stream 2

German environmentalists have protested the issuance of permission to continue construction of the Nord Stream 2 in German territorial waters....

Interpipe Steel: green metallurgy in Ukraine turns 9 years old

As early as 9 years ago, INTERPIPE invested about a billion dollars in the construction of a new metallurgical plant in accordance with the...

Ukrmetallurgprom clarifies data on iron and steel smelting in Ukraine for 2020

Data on the consumption of fossil resources and scrap metal by the country's ferrous metallurgy enterprises are also reported....

At least 12 living miners remain under the rubble of a mine blown up on January 10 in China

Rescuers have contacted workers trapped under the rubble following an explosion at a mine in eastern China....

In the Republic of Tuva, a citizen of China died as a result of a collapse in a mine

In connection with the state of emergency, the investigative bodies of the RF IC in the republic are conducting a pre-investigation check for signs...

Lenovo remains the global leader in personal computer shipments in 2020

The COVID-19 pandemic not only pushed consumer demand for PCs, but also opened up new opportunities for expanding the market for these products....

Ukrzaliznytsia held successful auctions for the sale of scrap metal with an increase in the sale price of almost 50%

Ukrzaliznytsia in January 2021 sold 38.6 thousand tons of ferrous scrap worth 339.6 million hryvnia....

Gosgeonedra of Ukraine is moving to the world geodetic coordinate system WGS-84

The Pulkovo-42 (SK-42) cartographic coordinate system, a plane rectangular coordinate system developed in 1942, is considered obsolete and less...

The only uranium mining enterprise in Ukraine reduced uranium production by 7.1%

The deterioration of production indicators over the past two years is due to the periodic decommissioning of mines and plants of SE VostGOK into a...

China's New Energy Vehicle Sales to Grow 54% in 2021

NEV's share of new vehicle sales in China is expected to grow to 20% by 2025...

January lockdown cuts orders to Ukrainian machine builders, critical for light industry - opinions

some companies are revising investment budgets and are not updating the park...

US imposes new sanctions on Iran in the last days of Trump's presidency

In a statement later Friday, Pompeo said he is also increasing the amount of sanctions against Iran's steel companies....

Germany gave permission for the completion of Nord Stream 2 in January - May 2021

The German Federal Office for Shipping and Hydrography issued a permit for the construction of the Nord Stream 2 gas pipeline in German waters in...

Zaporizhstal exported about 900 thousand tons of rolled metal along the Dnieper

The metallurgical plant plans to increase the volume of cargo transportation not only through the port of Zaporozhye - in the winter time it will...

Russian automotive market shrank 9.1% in 2020

The decline in the Russian automotive market last year exceeded 9%, according to the AEB. The Association predicts 2.1% growth for 2021, but the...

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