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...
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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...
Iron ore price rises due to supply issues
China's iron ore stocks remain at their lowest level since October...
Japanese companies are accelerating the replacement of Russian coal with Australian supplies
Australian coal prices remain strong as demand for coal from Europe and Japan to replace Russian coal continues to change trade flows. Market...
POSCO starts supplying steel for hyperloop pipes in the Netherlands
POSCO will smelt 63 tons of the original 275 tons to produce 64m 2.5m diameter pipes and then supply the pipes to the Netherlands. The South Korean...
Uralvagonzavod is interested in the metal products of the Alchevsk metkobinat
The Mayor of Nizhny Tagil, who is visiting Lugansk these days, did not rule out that LPR enterprises would also be able to interact with the Ural...
US imposes preliminary anti-dumping duties on Russian oil and gas pipes
Earlier, the US Department of Commerce announced the introduction of preliminary countervailing duties on Russian oil and gas pipes....
LADA became the official car of the Silk Way Rally
In 2022, the route will be 4,380 kilometers long, of which 2,800 kilometers will be special stages....
ArcelorMittal refused large-scale investments in Ukraine
The mining and metallurgical holding of the British billionaire of Indian origin Lakshmi N.Mittal revised its investment program for the plant in...
Germany seeks energy independence from Russia
Due to rising prices for energy carriers and automobile fuel, inflation in Germany in April rose to 7.4% - a maximum over the past 40 years....
ThyssenKrupp enters Australia's green hydrogen market
According to research conducted by German analysts, less than 5% of Australia's renewable energy potential converted to hydrogen would be...
Canada canceled the duty imposed 20 years ago on Ukrainian steel
During the next revision of duties introduced in 2001 on hot-rolled carbon and alloy steel sheet and strip from Brazil, China, India and Ukraine,...
Metallurgical plant "Zaporizhstal" has mastered the production of a new type of cold-rolled steel
Zaporozhye metallurgists have begun production of cold-rolled coil with dimensions of 1.5-2.0x1370-1500 mm with a double weight and without a welded...
China has sharply increased the export of excavators by reducing supplies to the domestic market
Chinese excavator exports in the first four months of 2022 grew by almost 80%, while domestic sales of this equipment fell by 56.1% compared to a...
Siemens' withdrawal from Russia will not stop the production of locomotives - Institute for Natural Monopoly Problems
Earlier Thursday, Siemens announced that it would cease business in Russia. The company has begun the procedure for terminating its production and...
Germany to build a “reference rolling mill” using Danieli technologies
The new rolling mill in Riesa will use only induction heating for zero direct CO2 emissions, and a new generation of built-in welding machine will...
OPEC cuts global oil demand forecast again
If OPEC's forecast of an increase in world oil consumption to 100.29 million barrels per day is confirmed, this will mean a return of average...
Siemens terminated all service contracts with Russian Railways, including maintenance of Sapsan
Russian Railways announced the continuation of maintenance of German trains on their own. Earlier Thursday, Siemens announced it was ending business...
