ArcelorMittal's iron ore and coal portfolio has helped ease the company's exit from Russia, but other European steelmakers will have a...
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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....
The European Union has banned the export of Russian steel and metal products
The European Commission has also canceled Russia's most favored nation trade regime and formalized plans to suspend Russia's membership in...
Azovstal poses no environmental hazard to Mariupol and will be restarted - CEO
The metallurgical capacities of one of the largest steel-making complexes in Ukraine were competently stopped and mothballed so as not to cause an...
UK introduces 35% duties on imports of Russian metals
The new measure is announced as a blow to the Russian economy, but according to Platts analysts, it will have almost no effect on Russian export...
Statistics Norway predicts the end of the war in Ukraine in 2 months
If Russia's invasion of Ukraine continues for a longer period, the Norwegian economy will face significant problems, according to the SSB review...
Japan will refuse to buy energy resources from Russia, including stopping purchases of oil and LNG
Japan may consider accelerating the pace of restarting nuclear power to reduce its dependence on hydrocarbons while expanding its renewable energy...
Elon Musk sent another 170 Starlink satellite communication terminals to Ukraine
Internet terminals from Musk are designed to maintain the operation of Ukraine's power grids and promptly restore power supply in the regions...
Thyssenkrupp unable to spin off steel business due to war in Ukraine
According to Deutsche Bank analyst Bastian Sinagowicz, the decision to suspend the spin-off of the steel business into a separate entity will be seen...
All Toyota plants in Japan stopped production due to cyberattack
Toyota has announced that it will temporarily close all 14 of its factories in Japan....
The market expects sharp fluctuations in steel prices in the near future
Tensions are expected in the global raw material supply chain...
Zaporizhstal and mining and processing plants of Metinvest operate as usual
Netherlands mining and metallurgical holding of businessmen Rinat Akhmetov and Vadim Novinsky reported on the current situation at enterprises in...
Ferrexpo continues to ship iron ore from Ukraine to the EU by rail
On Friday last week, a mining company declared force majeure on marine deliveries of pellets through the port of Yuzhny on the Black Sea....
Elon Musk wants to save the ISS after Russian threats
Elon Musk said that SpaceX will save the International Space Station if Russia withdraws from the space program due to tough US sanctions...
Novokramatorsky mashzavod stops all production facilities except metallurgical
The corresponding decision was made on February 27 during an emergency meeting of the company's management in order to save the life and health...
Elon Musk said that the Internet service Starlink is "active" in Ukraine
Musk stated that, satellite broadband is available in Ukraine...
Elon Musk doubles down on China with Tesla plant in Shanghai
Electric car maker Tesla is about to start building a new factory in Shanghai...
Ukrainian iron ore producer Ferrexpo has declared force majeure on sea deliveries
Ferexpo iron ore mining and processing enterprises in central Ukraine continue to work for the warehouse....
Sanctions may stop Russian sales of rolled metal for export - Platts
Traditional buyers of Russian steel are already starting to abandon purchases in the Russian Federation, and new sanctions against Russian banks...
Russia-focused companies fail due to its invasion of Ukraine
Mining stocks operating in Russia were among the first to feel the negative effects...
European steel trade halted
According to market participants, trade in the Black Sea steel markets is frozen today, and there are no offers for imports from India and Southeast...
