Russian metallurgists have warned the government about losses and a forced reduction in production if taxes on the industry are not reduced and the...
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Sberbank increased sales of precious metals by 3.8 times
Experts explain the increased demand for gold by the fact that during periods of market uncertainty and increased volatility, gold is considered as a...
DTEK Energy machine builders have manufactured a new tunneling machine
When assembling the harvester, machine builders used components from the best European manufacturers, which increases the reliability and safety of...
The Eurasian Economic Commission extended anti-dumping duties on steel from Ukraine
In particular, anti-dumping duties on the import of steel angles and ferro-silicon marshan into the territory of the Customs Union have been extended....
China to Increase Wind and Solar Power Capacity to Expand Use of Clean Energy Sources
China will accelerate the construction of large wind and photovoltaic power bases in deserts, while encouraging the development of distributed power...
Metinvest predicts a drop in steel production in Ukraine to 6.5 million tons this year
In the event of a protracted war, Ukrainian steel production will drop to 6.5 million tons this year, and if Ukraine wins the war with Russia, this...
DMZ helped IDPs from Donbass with temporary housing
It is planned to re-equip the entire building of the medical unit at the Dnieper Metallurgical Plant into a temporary residence center for refugees....
Ex-Billionaire Executives Sued in Glencore Bribery Case
U.S. Attorney General Merrick Garland Announces Pleading Guilty to Glencore of Bribery and Market Manipulation Schemes...
Glencore accused of bribery in London pleads guilty in the US
Glencore mining company settles bribery and market manipulation cases in UK and US...
Swiss oil and gas equipment manufacturer Sulzer leaves Russia
About 300 people work at the Russian factories of the company. Sulzer manufactures pumps, machine tools and other industrial equipment for the oil,...
BIR: European Commission's decision on scrap metal will be the most tragic event in the last 40 years
Export controls currently being proposed by the EU would mean less waste and less accessible technology in the region, according to BIR's...
Rejection of Russian palladium destroys markets
Russia is the world's largest producer of palladium, accounting for about 40% of global supplies....
Volvo starts mass production of electric trucks made from decarbonized steel
Volvo Trucks is the first company in the world to use fossil fuel-free steel in its trucks....
European steel prices are directly dependent on Russian gas prices - MetalMiner
EU metallurgists continue to rely on natural gas as the currently uncontested fuel for pig iron production in blast furnaces, as well as for steel...
IMF: The world economy has fallen back to the state of the Second World War
Analysts from the International Monetary Fund said that at the moment all the conditions are in place for a “perfect storm” in the global economy, as...
Dneprospetsstal restarted stainless steel production in Zaporozhye
Dneprospetsstal is gradually launching production, and stable volumes of stainless steel supplies to Ukrainian consumers are expected in the near...
India raises export duty on iron ore and iron and steel products
The Government of India has taken measures to support domestic steel production by limiting the export of metallurgical raw materials and removing...
Electricity from waste: Naftogaz and Clear Energy launched a biogas power plant in the Lviv region
Degassing technology at landfills not only reduces methane emissions, but also reduces emissions of volatile organic compounds (VOCs) and other air...
In January-April, car exports from China grew by almost 40%
Four-month growth comes as auto sales in China fell 47.6% year-on-year in April this year due to the impact of the COVID-19 epidemic....
China spent more than $6 billion on Russian energy imports in April
Purchases of coking coal for the steel industry rose for the third month to 1.71 million tons, more than double the level of last year...
Lithium mining in Chile's Atacama sparks controversy over flamingo habitat
Flamingo numbers are declining, and a new study links this to water being extracted by mining companies for lithium-infused brine...
Europeans have sharply reduced the purchase of new cars
In April, the registration of new passenger cars in the EU decreased by 26.6% to 684,506 units....
Installed renewable energy capacity in China skyrockets in first four months of 2022
China intends to increase the share of non-fossil energy consumption to around 25% by 2030....
Martina Merz will continue to lead the German ThyssenKrupp until March 2028
German engineer Martina Merz became CEO of ThyssenKrupp in 2019 and was named "the most powerful woman in the German economy". She embarked...
European metallurgists criticized the plans of the European Commission to refuse Russian gas
The Eurofer Association demands a revision of the EU energy strategy "for the sake of cohesion, cooperation and intersectoral dialogue"....
Ukrainian exports of pig iron and semi-finished steel decreased by one and a half times
In the first four months of this year, Ukraine lost about half a billion dollars in export earnings from the sale of pig iron and semi-finished steel...
Copper falls on expectations of a sharp increase in US rates
Prospects for a significant increase in US interest rates...
The largest shareholder of gold production in Russia donates 100% of shares to an Islamic fund
According to PJSC Polyus, the largest gold producer in Russia...
