It is now quite clear that by the end of 2020, the production of steel in China will be more than 1 billion tons. The market says it will grow even...
News
Gazprom to continue building Nord Stream 2 in Danish territorial waters from 15 January
The Danish Maritime Agency announced the possibility of resuming work on the construction of Nord Stream 2 from January 15, 2021....
Russia plans to ban imports of a wide range of railway products from Ukraine
It is proposed to add railway wheels, axles and blanks, as well as large wagon castings to the list of sanctioned goods introduced by the government...
China and Ukraine to hold intergovernmental meeting on December 23
At the end of September, Minister of the Cabinet of Ministers of Ukraine Oleg Nemchinov announced that the next meeting of the Intergovernmental...
Finnish stainless steel maker Outokumpu to fire 650 people over coronavirus
The layoffs are part of the company’s program to improve EBITDA by € 200 million and bring the net debt to EBITDA ratio below 3.0x by the end of 2022....
South Korean auto maker SsangYong Motor files for bankruptcy
The debt of the South Korean corporation SsangYong Motor exceeded 42% of its value....
Three Chinese provinces freeze due to power shortages
Millions of people face winter power shortages in China due to reduced coal production and supply....
Mikhail Mishustin dismissed the trade representative of Russia in Ukraine
Andriy Babko was appointed Russian Trade Representative to Ukraine in February 2020. Prior to that, since 2013, he held the position of Russian...
World steel production in November increased by 6.6%
Ukraine has shown the largest growth in steel production in annual comparison. Almost every country in the world, with the exception of Korea and...
British airline EasyJet abandons planned purchase of 22 Airbus aircraft
British airline EasyJet has agreed with Airbus to postpone the purchase of new aircraft in order not to go bankrupt until air travel in Europe is...
China successfully launched prototype reusable space launch vehicle
As of today, "Long March 8" remains a single-use carrier, but in future modifications it will be equipped with a reentry module....
Poland will receive 56 billion euros for the transformation of coal regions
A compromise reached earlier this month unlocked funds, freeing up up to 56 billion euros for Poland's transition to green environmental...
ArcelorMittal and Nippon Steel to build a new electric arc furnace in the USA
A new electric arc furnace with a capacity of one and a half million tons will appear at a metallurgical plant in Alabama, which today is forced to...
Energomashspetsstal successfully passed General Electric qualification
Energomashspetsstal has introduced a new technology for the manufacture of parts of steam turbine rotors for the Turkish Akkuyu NPP....
Iron ore rises to nine-year highs
Experts at Jefferies Financial Group expect to see ore prices in the range of $ 180 to $ 200 per ton in the first quarter of 2021....
The US Department of Commerce has published a "black list" of Russian and Chinese companies
Listing means that these entities will not be able to purchase goods and technology in the United States....
UK will face shortage of fresh food in the coming days
If nothing changes, the British will face a shortage of lettuce, certain types of vegetables, cauliflower, broccoli and citrus fruits in the coming...
Consumption of steel products in Ukraine for 11 months of 2020 increased by 4.3%
In January-November 2020, the capacity of the metal products market in Ukraine increased to 4.3 million tons amid a drop in imports by almost 200...
Ukraine launches anti-dumping investigation against Chinese coated steel products
The decision to initiate an investigation was made by the MCMT on the basis of the complaint of "Module - Ukraine " LLC, as well as the...
National Police of Ukraine interested in Kharkiv Turboatom
Two high-ranking representatives of the National Police of Ukraine paid a working visit to the Kharkov plant Turboatom....
The protest action of the workers of the VostGOK uranium mining mines will continue around the clock
Vostochny Ore Mining and Processing Plant, the only enterprise in Ukraine that provides the extraction of natural uranium and the production of its...
European Commission approves car deal of the year authorizing Fiat Chrysler and Peugeot merger
The European Commission has given the green light for the merger of French parent company Opel PSA with the American Italian manufacturer Fiat...
Interpipe attracted a 37 million euro loan from Ukrgasbank
Interpipe is especially pleased that a credit line for a Ukrainian industrial company has been opened in a Ukrainian state bank....
AVTOVAZ started production of a new LADA Niva Travel
The start of sales of LADA Niva Travel will be announced later....
Panic over a new strain of coronavirus could finally ditch the European aviation industry
New restrictions on air travel will deal a crushing blow to the ongoing recovery in air travel demand in Europe....
Died the head of "Ukrtruboprom" Leonid Ksaverchuk
Farewell will take place on December 22 at 12-00 at the address: Dnipro, st. Stoletova, 3, Museum of History Interpipe NTZ...
Russia restricts the export of scrap metal due to the threat of a shortage of metallurgical raw materials
The solution is also aimed at preventing an increase in prices for building materials, as well as industrial metal rolling....
Russia has increased the production of agricultural machinery in 2020 by 30%
Output increased by one third in 11 months, sales - by almost 50%. Exports in rubles have already exceeded the results of the record-breaking 2019,...
Congo authorities seized an iron ore deposit from an Australian company and gave it to the Chinese
The Congo government will now have to face a $ 8.76 billion claim in international arbitration....
Workers of uranium mines in Ukraine threaten to block four routes on Monday
On December 21, protesting miners plan to restrict traffic on the Kropyvnytsky-Kiev, Kropyvnytsky-Nikolaev, Kropyvnytsky-Kryvyi Rih,...
