Unions representing Royal Mail postal workers and railway staff said that "out of respect for her service to the country and her family"...
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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 the...
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...
Nippon Steel raises steel prices to a record high for deliveries to Toyota plants
The automaker is Japan's largest steel buyer and its steel purchase prices are the benchmark for contracts in industries ranging from shipbuilding to...
China's Hainan Province to ban internal combustion engines by 2030
By 2025, state and municipal transport will be converted to new energy sources, and by 2030, all vehicles in the province....
Russia has updated the list of strategic minerals to include rare earth metals
The basic list of strategic mineral raw materials was approved by the Russian government back in 1996 and has not been updated since then....
US chip makers caught in crossfire of sanctions
Nvidia and AMD will lose millions of dollars in lost profits as a result of increased tensions between the United States and China and as a result of...
thyssenkrupp has successfully completed the sale of the company's mining business
The German industrial holding is consistently getting rid of its non-core assets, focusing on steel production and engineering solutions. The...
ArcelorMittal raises European steel prices on rising energy prices
The largest steel producer in the European Union was one of the last metallurgists to announce an expected increase in steel prices due to soaring...
The Baltic States plan to increase the capacity of offshore wind farms by seven times by 2030
The Baltic Sea countries, including Germany, Finland, Poland and Sweden, have agreed to build a 17 GW offshore wind farm (WPP). They want to increase...
H2 Green Steel has received 190 million euros for the construction of a hydrogen steel plant
The startup has secured funding to build a clean hydrogen steel plant in Boden in northern Sweden in its first round of offering, with H2 Green Steel...
Steel prices may move up on new data from China
China's NBS Manufacturing PMI improved to 49.4 from 49.2, in line with expectations. The end of the rainy season and support from Beijing could...
Export of scrap metal from Japan in January-July decreased by 25.4%
During this period, South Korea was the largest importer of Japanese scrap, importing 1.89 million tons, up 8.3% year on year....
Polish manufacturers of steel rebar raise prices due to high costs
Steel rebar spot market activity in Poland picked up last week and buyers expect prices to rise further in September due to unpredictable energy...
Ford will sharply increase car prices due to a doubling in the price of raw materials for batteries
The Ford Mustang Mach-E was so popular that the automaker had to close orders for the 2022 model back in April, citing an inability to meet further...
Australian steel companies hard hit by Chinese steel crisis
The problems faced by China's steel industry in the first half of the year are likely to persist until the end of the year, according to one of the...
Turkey will five times increase the price for the passage through the Bosphorus
About 48,000 ships pass through this strait every year, it is also the main route for the export of Russian oil and metal products, as well as...
