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Konstantin Zhevago has resigned as CEO of Ferrexpo due to issues in Ukraine

Board of Directors Ferrexpo appointed acting Director-General group Finance Director Chris Mawe....

Demographic changes in India have led to a decline in demand for gold

Urban Indian youth in India are increasingly tempted not gold, and other luxury items and smartphones....

In the United States has said it will continue to work to reduce Chinese methodnode

Reduction of the global steel capacity will only happen when those who created the problem, take specific steps toward real market reform, said the...

Chinese steelmakers have received more revenue and profit for 8 months

China plants not only the production of iron and steel - along with the growth of smelting increase revenue and earnings....

British ministers want to put an end to the murky history with British Steel

UK ministers are set to begin talks with the steel industry next week amid fears over thousands of jobs in the sector....

International Forum on Metallurgical Capacities Fails

The reason was the refusal of the Chinese delegation to continue negotiations, since, in China's opinion, all tasks to reduce excess capacity...

Amazon's black streak: the 10 billion Pentagon contract goes to Microsoft

Earlier it was reported that Amazon founder Jeff Bezos on the night of Thursday to Friday ceased to be the richest man in the world. The quarterly...

Mining companies will use blockchain technology

Seven major mining and metals companies have signed an agreement with the World Economic Forum (WEF) to develop and deploy blockchain tools....

Head of Zaporizhzhya CI: Zaporizhstal owners are terribly concerned about Shurma's departure

On Wednesday, October 23rd, Rostislav Shurma, who has headed the Zaporizhstal plant for the last 7 years, announced his resignation, which caused...

Interpipe reported on successful restructuring of Eurobonds and other debts

A Ukrainian industrial company, a manufacturer of steel pipes and railway wheels, announced the completion of the restructuring with a partial...

Mariupol residents are warned about loud sounds and asked not to worry

Noise similar to a strong explosion or the roar of a jet engine will be associated with a planned technological process at the Azovstal steel plant...

Vale expects global iron ore demand to grow 3% in 2020

The head of Brazil's largest mining company told investors that there will be no dividends yet....

The Chinese preferred Jaguar Land Rover cars

Sales of the British brand in the Chinese market grew by a quarter, which allowed Jaguar Land Rover to report an 8% increase in revenue....

People's Deputies proposed to investigate energy supplies to Ukraine

People's Deputies registered a draft resolution on the creation of a TSC to investigate the facts of international corruption of top officials...

The European Commission does not have time to collect the full composition of the commissioners until November

The European Commission has 3 vacancies and one more in a "suspended state" because of Brexit....

World steel production in September fell by 0.3%

Steel production in September 2019 was lower than in September 2018 in almost all regions except China and India....

ALROSA recovered a 230-carat diamond - the largest in recent years

Such large gem-quality crystals are extremely rare....

ArcelorMittal Kryvyi Rih reconstructed half of the sintering machines of the second sinter plant

The reconstruction project was approved by the Board of Directors of ArcelorMittal in 2013....

Investigation results: The crash of the Boeing 737 Max Lion Air was caused by a combination of 9 factors

Indonesian authorities have completed an investigation into the circumstances of the Boeing 737 Max Lion Air crash...

A delegation of schoolchildren from Germany visited the Ilyich plant in Mariupol

High school students who arrived in Mariupol from Witmund, Germany, walked through the shops of the Ilyich metallurgical plant....

British Steel tries to sell to Turks with the help of a dubious consultant

City Sales Representative Jan Hannam, was fined £ 450,000 in 2012 for market abuse. It was he who advised potential Turkish buyers....

NLMK Board of Directors approves sustainable development policy

Leadership in sustainable development and safety is one of the four main goals of NLMK Group Strategy 2022...

NBU puts into circulation a 1000 hryvnia banknote

This will facilitate calculations and reduce the amount of paper money in Ukrainian wallets, the NBU reported....

Mechanical engineering remains the locomotive of industrial production growth in the Donetsk region

In January-September 2019, compared to the same period in 2018, the volume of products manufactured by the machine-building industry of the Donetsk...

Climate change will destroy every fourth bridge in the US

Colorado State University researchers said that if the temperature rise scenario adopted by the International Panel on Climate Change in 2014 is...

The profit of the metallurgical industry of China in January-August fell by 25%

The rise in prices for iron ore and the fall in prices affected the income of the Chinese metallurgical industry, which lost a quarter of its profit...

The United States launched an investigation into the import of Mexican rebar

The US Department of Commerce is investigating a complaint from a number of companies that Mexican suppliers are dumping valves in the market....

The general director of the shipbuilding company Vadim Novinsky resigned

This is the second statement of resignation of the general director of the enterprise owned by Vadim Novinsky in 24 hours....

Dneprospetsstal carried out personnel rotations, which are not associated with a change in owner

The administration of the enterprise reported that measures to change the staff of managers are aimed at improving the management structure, and...

Ukrainian ministers are encouraged to buy service electric vehicles

The Government of Ukraine has lifted restrictions on the purchase of official vehicles by ministries if they operate on electric traction or have a...

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