One of the factors was the decline in production volumes....
News
"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
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 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
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
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
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%
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
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%
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
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-'
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
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%
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
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
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
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...
YUZHMASH declares its readiness to produce light-class launch vehicles
The number of satellites in orbit is constantly growing, and until 2017, approximately 800-900 satellites were operating in Earth's orbit. This...
A unique mold was manufactured at Energomashspetsstal
This development made it possible to significantly increase the stability of the casting process and prevent rejects....
Electricity imports from Belarus and Russia threatens the European integration of Ukraine - Olga Buslovich
Ukraine plans to resume imports of electricity from Russia and Belarus, as this can stop the synchronization of the Ukrainian energy system with the...
The road at Central GOK, Metinvest watering 14 BelAZ and MAZ
Central iron ore enrichment works, Metinvest Group, in 2020, will invest more than 790 million UAH in the upgrade of major mining equipment....
Dnipro steel digitized pass on the import and export of products
the Initiative of the security Service of DMK will reduce the time for passes and reduce the amount of paper documentation....
For the first time since the start of the pandemic in the United States began to increase the number of oil rigs
the Number of oil rigs increased by one unit, nevertheless it is significant as a signal of the recovery in oil prices....
At Azovstal repaired the ball-rolling mill "1040" for 8 million hryvnia
Repair ball mill Softsale began at the end of 2019, and finished at the end of July 2020....
Three months in Mexico has killed 21 employees of a metallurgical plant of ArcelorMittal
Mexico is in fourth place in the world in deaths from the coronavirus that has claimed the lives working for the largest steel company in the world...
Ukrainian "Energoatom" plans to enter the electricity market of the Baltic countries
the Company considers to be strategically important target markets of the Baltic States through the Belarusian power engineering industry....
The company "NIBULON" will build five border patrol boats for Ukraine
Shipbuilding company "NIBULON" will build patrol boats for border 136,5 million Euro in the framework of Ukrainian-French contract....
The Ministry of energy of Ukraine will continue the work on liquidation of unprofitable state-owned mines
According to officials, the process of closing Ukrainian mines should be phased to prioritize regions and cities, requiring software support in the...
The European Union has opposed the adoption of Ukraine's law on localization of production
the European Union is concerned about the initiative of the Ukrainian politicians to restrict access to public procurement for engineering products...
Global steel production in June 2020 decreased by 7%
steel Production in June 2020 declined in all countries except China, Ukraine and Turkey....

