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Since the beginning of April, the United States has completely stopped importing oil from Russia

In early March, the administration of US President Joe Biden announced a ban on oil imports from Russia....

Samsung Electronics' first-quarter earnings beat market expectations on strong chip demand

Stable demand for servers, an urgent order for memory chips increased the profits of the corporation. A failure at Kioxia's factory in early February...

Zaporizhstal inflated the third and fourth blast furnace

Rinat Akhmetov's metallurgical plant has begun partial withdrawal of capacities from the hot conservation mode....

The largest metallurgical enterprise in Ukraine is preparing to resume work

ArcelorMittal Kryvyi Rih launches blast furnace No. 6, and then plans to resume the entire chain of rolled metal production....

Steel production in Ukraine in March fell by a third year-on-year

In March 2022, only one metallurgical plant was fully operational in Ukraine - KAMETSTAL in the city of Dneprodzerzhinsk....

Severstal has lost a third of its sales and is forced to look for new customers - WSJ

The EU's action against Severstal owner Alexei Mordashov has left its steel stuck in warehouses across Europe, with sales staff scrambling to find...

Vedanta to expand steel production at ESL Steel Ltd to 3 million tonnes

The project also includes a new ductile iron pipe plant with a capacity of 180,000 tons....

Financial manager - a new demanded specialty

A well-designed course will make it easy to memorize, and most importantly, understand the material received....

Dnipro Metallurgical Plant stopped steel production

The metallurgical production of the DMZ is temporarily closed, most of the workers are on partially paid downtime....

Russian invasion of Ukraine could cut global economic growth by 1 percent

Import-dependent countries will suffer much more as a result of the global economic downturn....

War returns to Europe - how will this affect steel demand?

In the second part of this series, MEPS analysts analyzed the impact of the Russian-Ukrainian war on raw materials for steel production and the cost...

China to launch more freight trains to boost coal shipments

In addition, more heavy-haul trains will be put into operation to increase the country's ability to transport coal from north to south....

Coal has become the only fuel that can somehow mitigate the energy crisis in Europe

Increased coal consumption in the European Union would mean the ultimate failure of the Paris Summit's goals of slowing global warming to 1.5 degrees...

War returns to Europe. How will it affect the regional market of metallurgical raw materials?

MEPS analysts assessed the consequences for the European raw materials market and energy costs from Russia's invasion of Ukraine....

Russia launches military communications satellite

This is the second launch by Russia in March 2022...

War returns to Europe. How will this affect steel supply?

MEPS analysts analyzed the impact of the Russian-Ukrainian war on the steel market in Western Europe. The first part highlights the possible...

China has published a plan for the development of hydrogen energy for the period 2021-2035.

Until 2035, the share of renewable energy hydrogen in final energy consumption will increase significantly, which will play an important supporting...

Zaporizhstal is considering the possibility of partial launch of the cold rolling shop

The Zaporizhstal metallurgical plant of the Metinvest group of Rinat Akhmetov and Vadim Novinsky is working in hot conservation mode, continuing to...

ArcelorMittal completely refused to supply Russian raw materials to its European plants

ArcelorMittal's iron ore and coal portfolio has helped ease the company's exit from Russia, but other European steelmakers will have a harder time...

Gold price recovers amid risks of global inflation

Gold bounces back after its biggest weekly drop since June...

Tesla gigafactory finally launched in Berlin

Today, for the first time, customers of the American automaker will receive new electric vehicles produced at the company's German plant....

Japanese NEC has suspended the registration of orders for its products in Russia

To date, more than 700 Ukrainian employees of Netcracker Technology, a subsidiary of NEC Corporation in Ukraine, and their families have been...

Exchange prices of aluminum in London rise on concerns about supplies from Russia

Global aluminum production outside of China is already struggling, and further supply losses raise the possibility of a wider shortage....

Metinvest's YuGOK continues stable operation by supplying iron ore concentrate to Europe

The produced iron ore concentrate is shipped by Yuzhny GOK by rail to Europe. Meanwhile, the shipment of marketable products to Asia and North Africa...

Steel prices in Europe broke all records after the announcement of a ban on the export of metals from Russia

Prices for rolled steel increased by at least 10% on fears of a new shortage of steel products in the European Union market....

China's wind and solar power capacity continues to skyrocket

China will make efforts to gradually increase the share of non-fossil energy sources in total energy consumption - CCP....

An ammonia leak occurred at a chemical plant in Sumy

According to environmentalists, the chemical damage zone was 2.5 km. At the moment, the threat has been eliminated....

Turkish steel exporters to earn extra billion dollars from war in Ukraine

The European Union canceled quotas for the supply of steel from Russia and Belarus after the invasion of Ukraine. Turkish producers believe that they...

80% of German companies have already suffered from the war in Ukraine

Two-thirds of businessmen said they responded to the economic problems of their enterprises by raising prices for customers....

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