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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...

The Polish company expressed its desire to participate in the development of Ukrainian non-ferrous metals

The Polish transnational corporation KGHM, operating in the production of silver and copper, has declared its interest in the development of...

Steel prices expected to rise in Europe due to high costs - Platts

European steelmakers, distributors and traders expect further price increases in the near future, given a recovery in demand as construction projects...

China's car exports top 2 million units in 2021

In 2021, Chinese car exports doubled compared to 2020, when exports of passenger cars and commercial vehicles grew 2.1 times....

Ukraine in January increased steel production and reduced iron production

Steel production in Ukraine in January increased by 0.9%, the output of finished metal products - by 0.5%...

Ukraine reduced exports of ferrous metallurgy products by 12% in January

At the same time, foreign exchange earnings from the export of ferrous metals in the reporting period increased by 37.2%, exceeding one billion US...

Energomashspetsstal completed a contract for the production of rotor parts for General Electric

Ukrainian and American companies signed an agreement for the supply of blanks in 2020. According to the agreement, in 2021 the Ukrainian plant was to...

Metinvest increased annual iron and steel production by 15%

In 2021, the production of pig iron, steel, finished metal products, iron ore concentrate and commercial semi-finished products increased at the...

Metinvest announced unprecedented unreasonable pressure on business

The enterprises of the Metinvest group in Krivoy Rog came under close attention of law enforcement officers who are conducting investigations at the...

Interpipe got a new CEO

The Ukrainian industrial company of businessman Viktor Pinchuk has been headed by Franz Josef Marx since February 1, who replaced Fadi Khraibe, who...

Emergency financial assistance to Ukraine will be provided on "very favorable terms" - European Commission

The European Commission has also decided to significantly increase the bilateral assistance it provides to Ukraine in the form of grants in 2022....

Ukrzaliznytsia received a new batch of passenger cars from Kremenchug

Simultaneously with the delivery of products, representatives of UZ and specialists of the plant discussed the features of cars adapted for the...

China lays out ambitious space plans for next 5 years

Chinese space station in Earth orbit to be completed by the end of 2022...

WGC: Gold demand up 10% in 2021

Despite a sharp increase in purchases (+118%) of gold in the fourth quarter, the final result of 2021 was a decrease in investment interest in the...

The all-electric 2022 Kia EV6 is here

With a best-in-class balance of performance, features and range, Kia's first purpose-built electric vehicle is arguably the best vehicle the...

Jaguar Land Rover loses £9m due to chip shortage

The British automaker has warned that it expects chip shortages to continue throughout this year, but expects supplies to gradually improve....

Lithuania has stopped the transit of Belarusian potassium from February 1

The state company "Lithuanian Railways" today rejected all applications for the transit of potassium from Belarusian companies. Belarus...

ThyssenKrupp sold its stainless steel business to an Italian company

The German industrial giant continues to restructure its business....

India's largest iron ore producer raised prices for the first time since last May

State-owned mining company NMDC raised iron ore prices for the first time since May last year due to higher demand for steel....

Reduced supply will lead to higher steel prices

Major steelmakers in Asia and China are also cutting production...

Elon Musk's Tesla lost $109 billion in one day amid weak forecasts for 2022.

Musk says Tesla won't bring new electric vehicles to market in 2022...

Japan reduced the export of scrap metal by 22%

The decline in Japanese scrap metal exports in 2021 is due to strong domestic demand from steelmakers in electric arc furnaces, which sought to make...

Metinvest's Ingulets GOK to cut emissions by 60%

As part of the Comprehensive Environmental Impact Reduction Program, Inguletsky GOK plans to implement 72 measures, which will reduce emissions by...

Metallurgists of Russia overtook oil and gas workers in terms of income of top managers

Semyon Slepakov should think about a new song: the income of the directors of the largest Russian metallurgical companies exceeded several times the...

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