Currently, in order to ensure the effective design and operation of engineering structures, geological studies of the soil are being carried out at...
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China and Argentina deepen ties beyond mining
Argentina is the world's fourth largest producer of metal for batteries...
French government allowed to burn more coal due to electricity shortage
National grid operator warns of impending power shortage in France...
Growing tensions between the West and Russia over Ukraine have caused the price of gold to rise
Washington's statements about the readiness of the Russian army to cross the border with Ukraine at any time and a new round of rising oil prices...
Mercedes fined $17 million in South Korea for falsifying CO2 emissions
The Korean Fair Trade Commission said that 15 models of the German brand Mercedes used illegal software that underestimated the real amount of...
Oil prices are preparing to reach the milestone of $100 per barrel
The rapid rise in oil prices, which began this year, will continue without a doubt. Proof of this was the increase in oil prices announced by the...
France offers military support to UAE sheikhs
France is ready to send its fighter jets to the emirates to search for and destroy drones and ballistic missiles attacking the UAE in the past two...
EU Iron and Steel Association expects a sharp slowdown in steel demand growth in Europe
The reason for the significant decline in steel demand growth in Europe from almost 14% in 2021 to 3.2% in 2022 will be the continuation of covid...
Despite protests, the Portuguese government launched the "lithium race of the century"
Portugal's lithium reserves could become the largest in Europe, which is in dire need of this battery metal for the development of electric vehicles....
Meta, parent company of Facebook, lost $230 billion
This was the largest one-day stock drop in US history...
The US metallurgy lobby appreciated the “chip law” adopted by the House of Representatives
The U.S. Competition Act in America provides $52 billion in funding for domestic microchip production, but it is interesting to metallurgists as...
Ukraine to resume Russian transit by rail to Poland from February 10
Stopped at the end of January, the transit of Russian cargo via Ukrainian railways to the Republic of Poland will be resumed on February 10,...
Positive credit rating of Ukraine lasted less than six months
Last August, Fitch Ratings upgraded the outlook for Ukraine's long-term issuer default rating in foreign currency from stable to positive, affirming...
Tesla has patented headlights that automatically adjust to any country in the world
The American automaker Tesla was the first to patent a car light that can be adjusted to the requirements of any country in the world. This invention...
Metinvest to spend about $30 billion on steel production decarbonization
The company will stop steel production in blast furnaces and iron sintering by 2050, which will reduce carbon dioxide emissions by 90% to less than...
French government backs €1.7bn decarbonization plan for ArcelorMittal
The European Union's largest steelmaker will accelerate decarbonisation in France with a €1.7 billion investment program backed by the French...
China launches world's largest 3.6 GW hydroelectric power plant
The project started in 2013 and includes 12 reversible pump-turbine generators. Each unit has a total capacity of 300 MW. The new pumped storage...
Ukraine launches freight car fleet renewal program
At the beginning of this week, the order of the Ministry of Infrastructure of Ukraine "On Approval of the Procedure for Conducting a Complex of...
Copper price declines as dollar strengthens
The US dollar broke a three-day decline as investors sought safe haven, putting pressure on gold and metals...
Gazprom and CNPC signed a contract for the supply of Russian pipeline gas to China via the "Far East" route
Soyuz Vostok will pass through the territory of Mongolia, will become a continuation of the Russian Power of Siberia-2 gas pipeline and will allow...
British Parliament to develop plan to decarbonize the steel industry
The House of Commons Environmental Audit Committee has initiated a study on Green Steel amid growing calls for the sector to reduce emissions....
Zuckerberg's fortune decreased by the annual equivalent of Estonian GDP in a day
Mark Zuckerberg lost $29 billion on Thursday after Meta Platforms Inc shares posted a record one-day drop....
The head of the European Commission called the condition for the launch of Nord Stream 2
Commissioning of the Nord Stream 2 gas pipeline will depend on Russia's actions in connection with the crisis around Ukraine...
Ukrainian metallurgists will be able to increase exports to Turkey by 411 thousand tons
The free trade agreement with Turkey opens up new opportunities for Ukrainian business, according to the Cabinet of Ministers of Ukraine. According...
The authorities of Rotterdam agreed to dismantle the historic bridge for the passage of the yacht of Jeff Bezos
Rotterdam has agreed to temporarily dismantle part of its historic Koningshaven Bridge so that Jeff Bezos' 417-foot three-masted yacht can navigate...
Yuzhny port carried out a special reconstruction for unloading wind turbine towers
Despite the difficult weather conditions, the reconstruction work was carried out in two shifts and on weekends....
Belarus introduces a ban on rail transit for a number of goods from Lithuania
On the territory of the Republic of Belarus, about 1.5-1.6 million tons of such goods are transported in the amount of more than 1 billion US dollars...
Ukrainian ferroalloy producers warn of negative consequences of agreement with Turkey
The association of producers of ferroalloys and other electrometallurgical products is not sure whether the signing of the Free Trade Agreement with...
Metinvest denies accusations of non-payment of UAH 18 billion in rent
Metinvest Group stated that it does not understand where allegations come from that there is some underpayment of taxes in the amount of UAH 18...
Volvo cut sales by 20% in January due to shortage of microchips
In Europe, sales fell by 24.8%, to 18,691 vehicles, in China - by 23.6%, to 14,629 units. The number of cars sold in the USA decreased by 12.8%, to...
