Rolls-Royce says demand for luxury cars is recovering

Rolls-Royce says demand for luxury cars is recovering

The company unveiled a £ 250,000 car, anticipating strong demand for luxury brands....

Ukraine for 8 months of 2020 reduced steel production by 6.2%

Ukraine for 8 months of 2020 reduced steel production by 6.2%

According to preliminary data from Ukrmetallurgprom, for 8 months of 2020, 13.74 million tons of steel were produced....

Zaporizhstal reduced steel production due to "market conditions"

Zaporizhstal reduced steel production due to "market conditions"

Zaporizhstal Metallurgical Plant announced the results of production activities in August 2020....

Iran commissions a gold mine with a capacity of 3 tons per year

Iran commissions a gold mine with a capacity of 3 tons per year

Over the past seven years, the production of gold bars in Iran has grown 14 times....

Gold is still perceived as a safe haven amid the pandemic

Gold is still perceived as a safe haven amid the pandemic

Gold futures on Monday showed moderate fluctuations, mostly in negative territory, but ultimately gained almost $ 4....

Interpipe NTRP has repaired ring furnaces in tube shops

Interpipe NTRP has repaired ring furnaces in tube shops

The industrial company of Victor Pinchuk invested 11 million hryvnia in the repair of units....

Wi-Fi technology in DTEK mine entered the Ukrainian Book of Records as the first and deepest in the country

Wi-Fi technology in DTEK mine entered the Ukrainian Book of Records as the first and deepest in the country

The digital transformation program MODUS was involved in the construction of the digital underground communications infrastructure at the DTEK mine....

The Antimonopoly Committee of Ukraine returned to DCH a package of documents on Motor Sich PJSC

The Antimonopoly Committee of Ukraine returned to DCH a package of documents on Motor Sich PJSC

The officials requested a number of additional documents from DCH, in particular, evidence that agrotechnical products of Motor Sich PJSC can be...

China to set new record for steel production despite pandemic - Baowu Steel Group

China to set new record for steel production despite pandemic - Baowu Steel Group

Growing demand from the construction sector and government support for domestic consumption will lead to a record increase in annual steel...

Global auto industry lost over $ 250bn to pandemic - Dow Jones

Global auto industry lost over $ 250bn to pandemic - Dow Jones

The coronavirus crisis has hit every major automaker in the world with the exception of US Tesla Inc., which boosted sales by a billion dollars in...

Thyssenkrupp to build hydrogen-fueled steel plant by 2025

Thyssenkrupp to build hydrogen-fueled steel plant by 2025

Ukraine in the future could become a supplier of hydrogen fuel for the metallurgical plant in Duisburg....

WTO to consider Turkey's complaint against European Union restricting steel imports

WTO to consider Turkey's complaint against European Union restricting steel imports

Ugur Dalbeler, CEO of a major Turkish hot rolled steel manufacturer and director of the Turkish Steel Exporters Union, said the European steel...

Rinat Akhmetov's energy holding said there is no incentive for investment

Rinat Akhmetov's energy holding said there is no incentive for investment

DTEK considers the methodology of incentive tariff setting for electricity, adopted by the Regulator NEURC, does not correspond to the best European...

JSC "Ukrgasvydobuvannya" announced a tender for the purchase of more than two thousand tons of drill pipe

JSC "Ukrgasvydobuvannya" announced a tender for the purchase of more than two thousand tons of drill pipe

The subject of the purchase is drill pipes with welded tool joints 9.2-9.75 m long, complying with API 5DP PSL-3 requirements....

At CorumExpo presented the first Ukrainian harvester for coal mining in ultra-thin seams

At CorumExpo presented the first Ukrainian harvester for coal mining in ultra-thin seams

The unique machine is capable of producing up to 10 tons of coal per minute in a very thin seam, from 0.85 m, in a fully automatic mode....

Russia overtook Colombia in Turkey's coal market

Russia overtook Colombia in Turkey's coal market

The main volume of coal that was delivered to Turkey in June was mined by the SDS-Ugol company....

European Trade Commissioner Phil Hogan, who violated quarantine rules, resigns

European Trade Commissioner Phil Hogan, who violated quarantine rules, resigns

As a result, Brussels was left without a key figure in the negotiations on "Brexit "....

President of Ukraine Volodymyr Zelensky visited ArcelorMittal Kryvyi Rih for the first time

President of Ukraine Volodymyr Zelensky visited ArcelorMittal Kryvyi Rih for the first time

In addition to the President of Ukraine, the largest metallurgical enterprise in the country was examined by US Deputy Secretary of State Stephen...

Mariupol plans to receive 250 million hryvnia investments from Turkey

Mariupol plans to receive 250 million hryvnia investments from Turkey

Deputy Mayor Sergei Orlov said that negotiations with Turkish businessmen had been going on for two years....

Yuzhmash received 210 million hryvnia of state support to pay off wage arrears

Yuzhmash received 210 million hryvnia of state support to pay off wage arrears

President of Ukraine Volodymyr Zelenskyy assures that the issue of debts of the production association (PO) "Makarov Southern Machine-Building...

Ukraine is the ninth country in the world for the production of pig iron

Ukraine is the ninth country in the world for the production of pig iron

According to the results of work in January - July 2020, Ukraine is ranked 9th in the ranking of world pig iron producers and 13th in the TOP steel...

European metallurgists raise prices for flat steel products

European metallurgists raise prices for flat steel products

European hot rolled sheet prices are supported by raw material prices and uncompetitive imports....

Ukrainian gas transmission system tested for hydrogen pumping capacity

Ukrainian gas transmission system tested for hydrogen pumping capacity

Tests of the GTS for readiness to transport hydrogen and its mixtures with natural gas have already taken place at four sites in Ivano-Frankivsk,...

15 European countries will receive more than 80 billion euros of state support from the EU Council

15 European countries will receive more than 80 billion euros of state support from the EU Council

The European Commission has offered to provide more than 80 billion euros in aid to the EU member states affected by the coronavirus....

Belarusian Metallurgical Plant expects hardware production to grow by 150%

Belarusian Metallurgical Plant expects hardware production to grow by 150%

In August, consumers of steel cord and bead bronze wire, along with contract volumes, placed at BMZ additional orders for these products in the...

Yuzhmash has successfully tested the upper stage of the Cyclone-4 launch vehicle

Yuzhmash has successfully tested the upper stage of the Cyclone-4 launch vehicle

Design Bureau "Yuzhnoye" together with SE "PO Yuzhmash" have successfully carried out final development tests of the...

The largest metal company in Austria announced the recovery of demand to "normal" level

The largest metal company in Austria announced the recovery of demand to "normal" level

Voestalpine is relaunching a small blast furnace in Linz as steel demand recovers, which collapsed following quarantine restrictions....

China's largest steel producer to become even larger and number one in the world in terms of production

China's largest steel producer to become even larger and number one in the world in terms of production

China Baowu Steel Group will take over China's largest stainless steel producer TISCO as part of the PRC government's capacity...

The number of deals made in the regional scrap markets is growing

The number of deals made in the regional scrap markets is growing

In the second week of August, prices for pig iron continued to rise in all regional markets. The positive trend became possible under the influence...

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