High level of non-payment for electricity could lead to a collapse in the energy sector of Ukraine

High level of non-payment for electricity could lead to a collapse in the energy sector of Ukraine

For the period of quarantine and a month after it, it is prohibited in Ukraine to disconnect consumers from utilities, as well as charge them with...

Fitch downgrades ArcelorMittal SA to "BB +"; Outlook Negative

Fitch downgrades ArcelorMittal SA to "BB +"; Outlook Negative

the Agency expects to reduce the demand for steel and falling prices for metal, followed by reduction at the beginning of 2021....

The Eurogroup have not reached agreement about the aid package the EU economy

The Eurogroup have not reached agreement about the aid package the EU economy

the European Commission on Tuesday began the study pessimistical scenario in which a pandemic COVID-19 will cause a downturn in the economy unit,...

Ferrexpo increased total pellet production by 7.4%

Ferrexpo increased total pellet production by 7.4%

For the production of Ferrexpo in the first quarter was affected by the virus COVID-19. The company continues to take active measures to protect our...

Metinvest begins construction of an air separation unit at the Ilyich Steel Plant

Metinvest begins construction of an air separation unit at the Ilyich Steel Plant

Mining and Metallurgical Group "Metinvest " is preparing for the construction of an oxygen complex at the Mariupol Metallurgical Plant...

The Russian space Agency has accused trump of the creation of the basis for seizure of territories on other planets

The Russian space Agency has accused trump of the creation of the basis for seizure of territories on other planets

President of the United States Donald trump 6 April 2020 signed an Executive order supporting commercial exploitation of resources on the moon and...

"Zaporizhstal" has commissioned a new ore-grab loader

"Zaporizhstal" has commissioned a new ore-grab loader

the performance of the loader is 700 tons per hour at speeds over 90 m / min....

Voestalpine says about 40 million euros of losses due to pandemic COVID-19

Voestalpine says about 40 million euros of losses due to pandemic COVID-19

the Largest Austrian steel company announced the one-time write-offs of € 40 million due to the impairment of assets as a result of the pandemic....

Questions the decarbonization of the global economy discussed during the videoconference

Questions the decarbonization of the global economy discussed during the videoconference

the Decarbonization of the energy industry is phasing out traditional energy sources (fossil hydrocarbons: oil, coal, natural gas, peat and others)...

Russian coal prices dropped due to falling demand on the world market

Russian coal prices dropped due to falling demand on the world market

Despite the fall in world prices, the profitability of Russian exports of coal increased significantly in March – April due to the weakening of the...

Support put Tulachermet components for repair of blast furnace

Support put Tulachermet components for repair of blast furnace

Despite the quarantine measures and problems in the relations between the two countries, JSC dneprotyazhmash successfully passed all of the claimed...

ArcelorMittal prints the details of a ventilator on a 3D printer in Spain

ArcelorMittal prints the details of a ventilator on a 3D printer in Spain

the Apparatus of artificial lung ventilation and face shields are essential equipment needed to combat coronavirus....

Japan called virus crisis "the biggest since the second world war"

Japan called virus crisis "the biggest since the second world war"

the size of the stimulus package for the Japanese economy will be about 108 trillion yen, while government will spend more than 6 trillion yen in...

"ArcelorMittal Kryvyi Rih" opens hot line psychological support for employees

"ArcelorMittal Kryvyi Rih" opens hot line psychological support for employees

the Largest metallurgical enterprise of Ukraine adopted a decision to provide psychological support to workers and their families during quarantine....

The European Union will increase the duty on American goods in response to the extension of tariffs on steel in the USA

The European Union will increase the duty on American goods in response to the extension of tariffs on steel in the USA

the U.S. imposed import duties on steel and aluminum in 2018 for reasons of protection of national security. Under the rates were about 40 billion...

In "ArcelorMittal Kryvyi Rih" announced the observance of all rules of quarantine for permits

In "ArcelorMittal Kryvyi Rih" announced the observance of all rules of quarantine for permits

Saturday morning thousands of workers "ArcelorMittal Kryvyi Rih" has formed the queue behind a special pass to travel on public transport....

Syria has restarted a steel plant in Hama

Syria has restarted a steel plant in Hama

In the Syrian province of Hama resumes largest steel plant in the country, as the demand for the products of the manufacturer is growing a...

Iran plans to lift the quarantine for companies with "low-risk" on April 11,

Iran plans to lift the quarantine for companies with "low-risk" on April 11,

the Iranian President said that economic activities with low risk will resume from 11 April, amid rising deaths from coronavirus....

ArcelorMittal has declared force majeure on supply of steel in South Africa

ArcelorMittal has declared force majeure on supply of steel in South Africa

a three-week lock movements across the country had a negative impact on the South African branch of one of the world's largest steel producers....

KAMAZ resumes production machines

KAMAZ resumes production machines

KAMAZ is still the main enterprise in the semi-million city of Naberezhnye Chelny, the stop has a negative impact on the socio-economic situation in...

AMKR plans to ship to China with 300 thousand tons of iron ore concentrate per month

AMKR plans to ship to China with 300 thousand tons of iron ore concentrate per month

the Largest mining and metallurgical enterprise of Ukraine started to ship iron ore concentrate to China by sea....

ACEA: the pandemic has hit one million jobs in the automotive industry EU

ACEA: the pandemic has hit one million jobs in the automotive industry EU

About half of all employees in the automotive sector, the European Union sent home in connection with the quarantine measures in the EU....

WHO Representative in Ukraine sent an open letter to the authorities and citizens of the country

WHO Representative in Ukraine sent an open letter to the authorities and citizens of the country

According to Osnat Lubrani, today we are in a real war with the virus, and doctors and all medical personnel are on the front line....

Saudi Arabia called for an emergency meeting of OPEC+ after the call of the President of the United States of trump

Saudi Arabia called for an emergency meeting of OPEC+ after the call of the President of the United States of trump

Call Saudi Arabia for an emergency meeting of the countries-manufacturers of oil comes at a time when market participants began to doubt that this...

Fitch Ratings forecasts a "deep global recession"

Fitch Ratings forecasts a "deep global recession"

New Outlook < / span>does not provide the return of the GDP in the US and Europe to the levels seen before the virus of the crisis to the end...

Ukraine accepted the offer of the Mask on the free ventilators

Ukraine accepted the offer of the Mask on the free ventilators

American billionaire, the founder of the space company SpaceX and the President of automobile Corporation Tesla Elon Musk ready to send to the...

Vale: weak demand for steel will hit the price of ore

Vale: weak demand for steel will hit the price of ore

the Largest mining company in the world said to stop about 30 million tons of steelmaking capacity in Europe, USA and Asia....

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