In the first eight months, metallurgical coke production in China amounted to 318.22 million tons, which is 1.1% less than in the same period last...
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The European Commission plans to create a European hydrogen bank with a budget of 3 billion euros
In the REPowerEU plan, the European Commission has doubled its previous goal and now aims to produce 10 million tons of "green" hydrogen in...
China production cuts in winter will give limited boost to steel markets - Platts
The cuts to be implemented in the fourth quarter are unlikely to lead to large-scale cuts in steel production in China....
Financial giant Goldman Sachs begins massive layoffs
Goldman Sachs typically cuts between 1% and 5% of its underperforming employees each year, but cuts in 2022 are likely to be well above the right...
Saudi Arabia implements three $9 billion steel investment projects
The total production capacity of the new steel plants in Saudi Arabia will be 6.2 million tons of steel per year....
Turkey in January-July increased imports of pig iron by 46.7%, tripling purchases in Russia
Supplies of pig iron from Russia to Turkey increased by 198.1% over seven months, reaching 589 thousand tons....
Deere invests billions in self-driving tractors
The American company announced that it intends to enter the market of software for agricultural machinery to make its work more efficient....
Islamabad receives $1.5 billion investment proposal for PSMC privatization
Inflation and declining foreign exchange reserves have brought Pakistan to the brink of economic collapse. The country's debt has risen to an...
Battery output in China rose significantly in August
Battery battery sales in China also doubled compared to August 2021 to 666,600 units, setting a new record....
Stopped Zaporizhzhya NPP will not resume operation until the shelling stops
Zaporozhye nuclear power plant has been completely shut down, while the needs of the plant are provided by the repaired external line....
Ukraine may resume coal exports to Poland
We are talking about 100 thousand tons of Ukrainian coal with delivery in September, which are now critically needed by Poland to overcome the energy...
IREPAS: The global long products market is in a "dramatic situation"
Manufacturers around the world suffer from limited market access and high levels of competition, especially from Russia, which is extremely flexible...
Naftogaz launches new arbitration against Gazprom
According to the chairman of the board of Naftogaz, the current long-term contract was concluded on the terms of "pump or pay". At the same...
UK unions cancel all planned strikes after Queen's death
Unions representing Royal Mail postal workers and railway staff said that "out of respect for her service to the country and her family"...
For 8 months of 2022, steel production in Ukraine fell by 64.5%, to 5.2 million tons
In August 2022, Ukrainian ferrous metallurgy enterprises increased steel production by 29% compared to July to 366 thousand tons against 284 thousand...
Ukraine's foreign exchange earnings from the export of ferrous metals decreased by $4 billion
In July, proceeds to Ukraine from the export of ferrous metals amounted to 266.620 million dollars....
Chinese scientists discover previously unknown mineral in lunar soil samples
The new mineral, dubbed the "Chang'e Stone", was the sixth new mineral discovered by mankind in the history of lunar exploration....
European non-ferrous metal producers demand action on rising energy prices
European energy consumers are forced to pay ten times more for electricity and gas than last year, making their production unprofitable, and if the...
UK government to set up Critical Minerals Agency
The UK government is beginning to recognize the risks of disruption to the critical minerals supply chain....
ThyssenKrupp invests 2 billion euros in the construction of Europe's largest DRI plant
The board of directors of Germany's largest steel producer has decided to build Europe's largest direct reduced steel plant....
Zaporizhstal has reduced the output of metal products by 56% since the beginning of the year
The fall in metallurgical production at the plant in Zaporozhye in August reached 64% compared to August 2021....
Steel plant in Switzerland prepares for shutdown and layoffs
The reason for the possible shutdown of Stahl Gerlafingen is the 12-fold increase in electricity prices....
Nigeria to pay half a billion dollars to the Mittal family in compensation for selected concessions
Nigeria Attorney General and Minister of Justice Abubakar Malami, who led the talks, said the government had succeeded in reducing Global Steel...
In August, the truck market in Ukraine decreased by 62%
The most popular truck brands in Ukraine remain RENAULT, MERCEDES-BENZ and SCANIA...
Employees of Ukrzaliznytsia mined crypto on service equipment
The security service of Ukrzaliznytsia and law enforcement officers exposed an illegal cryptocurrency mining farm at the company's premises in...
London Metal Exchange for the first time in history banned trading for ethical reasons
The LME will temporarily or permanently suspend the registration of nineteen unnamed manufacturers for non-compliance with the requirements for the...
European stainless steel plants close due to energy crisis
The impending energy crisis in Europe will primarily affect energy-intensive industries. Against the backdrop of falling prices for stainless steel,...
The market of new passenger cars in Ukraine decreased by almost three times in August
For the first time in the history of Ukraine, the top three sales leaders included cars of the German brand BMW, of which 197 units were sold. Toyota...
