Ukrhydroenergo will take part in the implementation of an investment project for the construction of a hydrogen production plant

Ukrhydroenergo will take part in the implementation of an investment project for the construction of a hydrogen production plant

During the visit of the President of Ukraine Volodymyr Zelenskyy to Zaporozhye, a Memorandum of Cooperation in the construction of a hydrogen...

Ukraine re-introduced duties on LPG from Russia

Ukraine re-introduced duties on LPG from Russia

In January-July, the share of Russian product in total imports, excluding sea shipments, amounted to 45%...

Poles bought first Boeing 737 Max after two deadly plane crashes

Poles bought first Boeing 737 Max after two deadly plane crashes

Boeing has received its first order for 737 Max aircraft since US regulators banned these aircraft after two fatal crashes....

AVTOVAZ will continue to work in a 5-day mode

AVTOVAZ will continue to work in a 5-day mode

The company continues to carefully analyze various market development forecasts until the end of the year and in 2021....

Iron ore prices hit six-year high due to supply shortages

Iron ore prices hit six-year high due to supply shortages

The Global Iron Ore Price Index has hit more than a six-year high due to a lack of supply for mid-grade fines and a rapid recovery in demand in...

India plans to increase steel consumption at the expense of migrants

India plans to increase steel consumption at the expense of migrants

India's Metals Ministry has called on the state government to allocate land for the construction of new steel houses for incoming migrant...

Competition grows in Japanese steel market due to coronavirus

Competition grows in Japanese steel market due to coronavirus

Nippon Steel cuts prices for I-beams, while Tokyo Steel has refused to raise prices for its products....

Mercedes-Benz may face sales ban in Germany

Mercedes-Benz may face sales ban in Germany

The reason for this decision may be the violation of Nokia's patents on mobile technologies by the German automaker....

US intelligence accused Oleg Deripaska of lobbying Russian interests in Ukraine

US intelligence accused Oleg Deripaska of lobbying Russian interests in Ukraine

According to American intelligence services, Oleg Deripaska has collaborated with Paul Manafort since 2004. The US Senate Intelligence Committee has...

Azovstal optimized production of sheet steel grades S690Q and S690QL

Azovstal optimized production of sheet steel grades S690Q and S690QL

The measures taken will allow the Mariupol Metallurgical Plant to save 1.73 million hryvnia per year....

Ukrainian consumers increased purchases of rolled metal by 10%

Ukrainian consumers increased purchases of rolled metal by 10%

In January - July 2020, the capacity of the domestic market of Ukraine amounted to 2 million 539.4 thousand tons of rolled metal....

Belarusian steel plant resumes work after the strike of those who disagree with Lukashenko's election

Belarusian steel plant resumes work after the strike of those who disagree with Lukashenko's election

Electric steel-making furnaces of the largest metallurgical plant in Belarus were stopped by protesters against Lukashenka at about noon on Monday,...

DMZ reduced air emissions by one third

DMZ reduced air emissions by one third

One of the factors was the decline in production volumes....

"Metinvest " in May increased revenue by 13.6% versus April, debt increased by $ 25 million

"Metinvest " in May increased revenue by 13.6% versus April, debt increased by $ 25 million

Metinvest's total revenue in May consisted of $ 631 million in the Metinvest division, $ 291 million in the mining division and $ 79 million in...

Metinvest's Kryvyi Rih GOKs will pay double taxes to the local budget until September 2020

Metinvest's Kryvyi Rih GOKs will pay double taxes to the local budget until September 2020

Additional monthly contributions to the city treasury of Kryvyi Rih help support the city's economy during a pandemic....

US Steel will not restart blast furnaces in Indiana until the end of this year

US Steel will not restart blast furnaces in Indiana until the end of this year

US Steel said it was encouraged by the recovery in the US auto industry and reported that demand from the construction sector exceeded all...

ThyssenKrupp closed the deal for the sale of the elevator business

ThyssenKrupp closed the deal for the sale of the elevator business

Germany's largest steel producer has announced the completion of the € 17.2 billion sale of its elevator business to a consortium of Advent...

Minister for Strategic Industries of Ukraine inspected YUZHMASH workshops

Minister for Strategic Industries of Ukraine inspected YUZHMASH workshops

On July 16, the Verkhovna Rada appointed Oleg Urusky as Vice Prime Minister - Minister for Strategic Industries....

At the sinter plant of the Ilyich Iron and Steel Works, final work on equipment debugging has begun

At the sinter plant of the Ilyich Iron and Steel Works, final work on equipment debugging has begun

Metinvest Group's Ilyich Steel Plant is completing one of the largest environmental projects in the history of independent Ukraine - the...

Panasonic announced plans to increase battery capacity for electric vehicles by 20%

Panasonic announced plans to increase battery capacity for electric vehicles by 20%

In addition, the company intends to provide commercially viable cobalt-free versions of batteries for electric vehicles....

Kindergartens opened in the shops of POSCO metallurgical plants

Kindergartens opened in the shops of POSCO metallurgical plants

POSCO has established “Workplace Child Care Centers” to create a work-family balance and tackle South Korea's low birth rate....

Japanese automakers cut global sales in June by 21.3%

Japanese automakers cut global sales in June by 21.3%

Production at Japanese automakers fell 26.1% year-on-year to 1.65 million units last month, while there was a 62% decline in May....

Q2 2020 was the most difficult in ArcelorMittal history - Lakshmi Mittal

Q2 2020 was the most difficult in ArcelorMittal history - Lakshmi Mittal

ArcelorMittal, which withdrew its forecast for global steel consumption in May, said the speed and course of the post-pandemic demand recovery remain...

S&P rating agency upgraded Ukrzaliznytsia's credit rating to 'B-'

S&P rating agency upgraded Ukrzaliznytsia's credit rating to 'B-'

The rating action reflects the decrease in the debt burden on liquidity in the current period after the signing of agreements by Ukrzaliznytsia on...

Oleg Deripaska named the reasons for the strong impact of US sanctions on the Russian economy

Oleg Deripaska named the reasons for the strong impact of US sanctions on the Russian economy

Billionaire Oleg Deripaska in an interview with the RBC TV channel spoke about the "mockery" of the US Treasury and the main vulnerability...

Moody 's: steel consumption in India will decrease by 10%

Moody 's: steel consumption in India will decrease by 10%

Indian steelmakers will have to sell more aggressively in export markets as domestic demand will be weak....

Ministry of Energy of Ukraine and State Energy Efficiency will develop hydrogen energy

Ministry of Energy of Ukraine and State Energy Efficiency will develop hydrogen energy

Hydrogen energy can become a driver for sustainable economic development of Ukraine, according to the State Energy Efficiency Agency....

China plans to abandon SWIFT payment system

China plans to abandon SWIFT payment system

Chinese bankers are concerned about the unpredictability of further development of relations between Beijing and Washington and are developing plans...

Virgin Galactic reveals the interiors of the new space plane

Virgin Galactic reveals the interiors of the new space plane

The VSS Unity spacecraft has six aluminum and carbon fiber passenger seats that can change their position and angle depending on the stage of the...

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